REE 3043 Quiz 2 Study Guide With
Complete Solutions
Factors that affect housing market segmentation include all except: - ANSWER
Household unemployment status
The process of creating a "market-defining story" includes all of these questions
except: - ANSWER What is the price?
The cycle of real estate market research starts with: - ANSWER Creating a market
defining story.
Features of an office building that may be important to one market segment or another
include: - ANSWER All of the above.
A strong assertion about the large amount of data seemingly available for real estate
market research is that most of it is: - ANSWER Irrelevant to a given analysis.
The approach to real estate market research advocated in this chapter starts with the: -
ANSWER The nature of the property.
A powerful tool for managing, manipulating, and displaying location-specific data
is: - ANSWER Geographic information systems.
Avery sophisticated, data intensive, and statistically intensive method of
examining market segmentation is known as: - ANSWER Psychographic research.
Causes of real estate cycles include: - ANSWER Both a and b, but not c
Data used in the market research cases in this chapter that are publicly available over
the Internet include all of the following except: - ANSWER Data on job location from the
National Transportation board.
The final price for each comparable property reached after all adjustments have
been made is termed the: - ANSWER Final adjusted sale price.
Complete Solutions
Factors that affect housing market segmentation include all except: - ANSWER
Household unemployment status
The process of creating a "market-defining story" includes all of these questions
except: - ANSWER What is the price?
The cycle of real estate market research starts with: - ANSWER Creating a market
defining story.
Features of an office building that may be important to one market segment or another
include: - ANSWER All of the above.
A strong assertion about the large amount of data seemingly available for real estate
market research is that most of it is: - ANSWER Irrelevant to a given analysis.
The approach to real estate market research advocated in this chapter starts with the: -
ANSWER The nature of the property.
A powerful tool for managing, manipulating, and displaying location-specific data
is: - ANSWER Geographic information systems.
Avery sophisticated, data intensive, and statistically intensive method of
examining market segmentation is known as: - ANSWER Psychographic research.
Causes of real estate cycles include: - ANSWER Both a and b, but not c
Data used in the market research cases in this chapter that are publicly available over
the Internet include all of the following except: - ANSWER Data on job location from the
National Transportation board.
The final price for each comparable property reached after all adjustments have
been made is termed the: - ANSWER Final adjusted sale price.
