Market Distortions When Agents Are Better Informed: The Value of Information in Real Estate Transactions

By Steven D. Levitt, Chad Syverson. Review of Economics and Statistics, 2008

146 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/427793e8a89b97c2804c2ddca8bdb553cf49608f

Citations in the corpus

• Housing Liquidity, Mobility, and the Labour Market (2012, unknown): “In their detailed analysis of the housing market in 34 Cook county (Illinois) suburbs in and around Chicago over the period 1992-2002, Levitt and Syverson (2008) compute time-to-sale by summing across all of a house s listing periods that are separated by fewer than 180 days.”
• Misinformed Speculators and Mispricing in the Housing Market (2016, unknown): “Levitt and Syverson (2008) find that real estate agents have substantial discretion in the timing and pricing of house sales with brokers receiving about 3.7% more than other local owner occupants when selling their own houses.”
• Forced Sales and House Prices (2011, unknown): “Levitt and Syverson (2008) show that realtors selling their own houses get higher prices and keep their homes on the market longer than their clients do.”