Ch. 15 - The Real Estate Market question n answers rated A+ 2023/2024

Ch. 15 - The Real Estate MarketThe MOST important understanding of the vacancy rate is A) to indicate how much money the owner will receive. B) to indicate how much movement there is in the market. C) to indicate the location of the property. D) to indicate there are good neighbors in the complex. - correct answer B Demand may be influenced by A) the ability of a buyer to get a loan. B) skilled labor. C) credit scores. D) the ability of a builder to get a loan. - correct answer A Key indicators of a change in the market could be A) a change in the sales volume. B) more real estate salespeople coming into the business. C) fewer real estate salespeople coming into the business. D) predictions of harsh weather in the north. - correct answer A Real estate investment can be considered to be A) a quick way to make money. B) a relatively long-term investment.