broker questions 2
Terms
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A "buyers' market" indicates all of the following except
HIGH DEMAND
To increase the use of leverage when buying a real estate investment is to
INCREASE IN RISK
From a rational point of view, an investor in real estate must consider all of the following analysis aspects except
PRIDE
Real estate investments have all of the following advantages except high
LIQUIDITY
When slum properties start attracting investors, they are entering a period of
INTEGRATION
Which one of the following statements is true regarding the characteristics of real estate?
ITS MARKET CONDITION IS SELDOM IN BALANCE WITH SUPPLY AND DEMAND
Of the following approaches to value, which one reflects the actual price that a knowledgeable buyer will pay?
MARKET VALUE
Supply and demand theory indicates that if both supply and demand increase at the same rate, prices will
REMAIN CONSTANT
Real estate investments should be considered first and foremost from the viewpoint of the
ECONOMIC SOUNDNESS OF THE PROJECT
Because of the fractured quality of the market, a real estate investment is frequently considered highly