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Drivers of Housing Prices in the Growing, Suburban South of the US: Evidence from Cumming, Georgia


Affiliations
1 Mike Cottrell College of Business, University of North Georgia, Dahlonega, GA 30597, United States
2 Langdale College of Business, Valdosta State University, Valdosta, GA 31698, United States
     

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This study examines the determinants of housing prices for single family homes in Cumming, Georgia, USA. Cumming is located with Forsyth County, one of the fastest-growing suburban areas in the United States. Results of the regression analysis indicate that the numbers of bathrooms, square footage, and school zoning are all statistically significant predictors of the price of a single-family home.

Keywords

Regression, Zillow.com, Housing Prices, Multicollinearity, Residuals, Georgia.
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  • Drivers of Housing Prices in the Growing, Suburban South of the US: Evidence from Cumming, Georgia

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Authors

Mitra L. Devkota
Mike Cottrell College of Business, University of North Georgia, Dahlonega, GA 30597, United States
Eric B. Howington
Langdale College of Business, Valdosta State University, Valdosta, GA 31698, United States

Abstract


This study examines the determinants of housing prices for single family homes in Cumming, Georgia, USA. Cumming is located with Forsyth County, one of the fastest-growing suburban areas in the United States. Results of the regression analysis indicate that the numbers of bathrooms, square footage, and school zoning are all statistically significant predictors of the price of a single-family home.

Keywords


Regression, Zillow.com, Housing Prices, Multicollinearity, Residuals, Georgia.