|
Q |
What area was designed to look like a 1940s southeastern town with traditional architecture?
|
| A |
Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions.
|
|
|
Q |
In what real estate market are more than 90 percent of home sales cash transactions?
|
| A |
Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.
|
|
|
Q |
What is the legal term used to describe the right of the U. S. government to condemn private land for public use?
|
| A |
Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property.
|
|
|
Q |
What are considered the ideal conditions for a seller's market?
|
| A |
In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS.
|
|
|
Q |
What is the average age range of a second-home buyer in the United States?
|
| A |
Currently, second-home buyers in America are most often between 41 and 44 years of age.
|
|
|
- NUMBER1EXPERT™ 
See More Real
Estate Trivia >
