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Welcome > Resources > Trivia ...I've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun...
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Nearly every state has a mandate for seller disclosure. What must a seller disclose?
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The seller must disclose any existing problems, defects or conditions that could affect the value of the house.
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Where was the first hotel built in the US?
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The Union Hotel (1802) Saratoga Springs, NY, is the first hotel emphasizing lodging and services, in addition to food and drink.
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What is considered one of the greatest U.S. construction projects that was also of great strategic importance to the U.S.?
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The Panama Canal, begun in 1904 and completed in August, 1914, which cost $366,650,000.
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Whose mansion sold for about $2 million after just one day on the market?
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Soon after the death of George Burns his home was put on the market; the home sold in 24 hours.
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Which U.S. hotel has more fountains than any other hotel in the world?
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The Bellagio Hotel in Las Vegas, Nevada has more than 1,000 fountains embellishing an 11+ acre artificial lake.
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Estate Trivia >
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Investment Real Estate >Real Estate Booms
Some economists link the buying habits of "baby boomers" to the demand for homes in this country. They argue that the population will stabilize or decline as these potential buyers age and their children are grown.
What is left out of such a picture is that the emerging real estate market is made up of people who are immigrating to this country. When these newcomers have achieved a stable income, they look for the best living situation they can find, often preferring buying to renting.
Real estate continues to be an attractive investment opportunity. If you are sitting out the current market because you are afraid that the appreciation won't continue, you may want to re-think your decision. Today's market is providing opportunities for homeowners and smart investors from all over the globe.
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NUMBER1EXPERT®
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All rights reserved. All information deemed reliable but not guaranteed.
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