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| When supply decreases and demand decreases, real estate prices |
Remain stable |
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gettarb Thu, 14 Oct 2010 02:18:51 GMT |
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| Real estate markets are usually identical in different sections of the same city T/F? |
F |
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gettarb Thu, 14 Oct 2010 02:18:51 GMT |
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| Population affects the |
Demand for Real Estate |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| Government controls affect which of the following? |
Supply of Real Estate |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| When demand increases, real estate prices |
increase |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| Which is NOT insured by property insurance? |
Land |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| Employment and wage levels affect the |
Demand for Real Estate |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| The demand for real estate is affected by |
Demographics |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| Which of the following stages of the business cycle is characterized by a general economic decline? |
Recession |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| Because of the nonhomogeneity of real estate, which statement is TRUE? |
No two parcels of land are exactly the same |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| Because real estate is immobile, |
it's value heavily depends on the changes in the surrounding area |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| Nonhomogeneity and heterogeneity are synonymous terms T/F? |
T |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| Government financial policy affects the |
Supply of Real Estate |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| A family's wanting to buy a home near good schools is an example of which characteristic of real estate? |
Area Preference |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| Relative scarcity is a physical characteristic of land T/F? |
F |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| The term demographics does NOT include |
Religious affiliation |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| A market is a place where goods can be bought and sold T/F? |
T |
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gettarb Thu, 14 Oct 2010 02:18:50 GMT |
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| In real estate markets, which may change quickly? |
Demand |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| Which factor primarily affects supply in the real estate market? |
Government financial policies |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| In reference to real estate, which means that investments are long term? |
Permanence of Investment |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| Employment and wage levels affect the |
Demand for Real Estate |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| Why is price of real estate slow to adjust? |
All of the Above |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| The study and description of a population is demographics T/F? |
T |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| The term demographics does NOT include |
Number of people living in an area |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| When supply increases, real estate prices usually |
Decrease |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| Which is the MOST important economic characteristic of real estate? |
Area Preference |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| Government financial policies primarily affect the |
Supply of Real Estate |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| Supply can be defined as the amount of goods consumers are willing and able to buy at a given price during a given time period T/F? |
F |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| Demand for real estate is affected by which of the following? |
Demographics |
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gettarb Thu, 14 Oct 2010 02:07:04 GMT |
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| Immobility, indestructibility, and nonhomogeneity are economic characteristics of real estate T/F? |
F |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| Real estate markets are local T/F? |
T |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| Land can be depreciated T/F? |
F |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| Real estate markets may be different in different sections of the same city T/F? |
T |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| Community may use tax abatements to eliminate or reduce taxes to new companies T/F? |
T |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| Relative scarcity, improvements, permanence of investment, and area preference are physical characteristics of real estate T/F? |
F |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| Factors that tend to affect the demand side of real estate include population, demographics, and employment and wage levels T/F? |
T |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| The business cycle can be characterized by four stages: expansion, recession, depression, and revival T/F? |
T |
0 |
gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| When supply decreases, real estate prices increase T/F? |
T |
0 |
gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| When supply increases and demand increases, real estate prices decrease T/F? |
F |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| Changes in parcel of land that affect its value are called improvements T/F? |
T |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| supply of real estate is affected by population T/F? |
F |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| Zoning and building ordinances are established by the local government T/F? |
T |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| Apartment building owner who landscapes property has increased its value through situs T/F? |
F |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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| Price of real estate is quick to adjust to sudden variations in supply and demand T/F? |
F |
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gettarb Thu, 14 Oct 2010 01:35:29 GMT |
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