Which of the following will influence Demand?
Buyer ability to get a loan
Which of the following best describes real estate investment?
A relatively long term investment
What is the most important thing that vacancy rate will indicate?
How much movement there is in the market
What would a change in sales volume indicate?
A change in the market
What is the term for the situation where there are more buyers than available homes for sale?
Seller's Market
When a large Company closes its doors and many workers lose their jobs what will this do to the market?
It will probably result in a buyer's market
Which of the following is NOT a Government Interference?
Deeds
Which is NOT a demand factor?
Availability of skilled workers
When building materials become scarce due to a lot of building activity what affects a builder most?
Supply
What is the term for the principal of no two properties being the same?
Nonhomogeneous