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Real Estate Trivia
Welcome > Resources > Trivia ...

Enjoy! 

We've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun... 


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.

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The Stick With Steve Team, REALTOR®, real estate agent and broker for Northwest Suburbs, Arlington Heights and Palatine, Illinois home listings, property and land for sale

The Stick With Steve Team
Coldwell Banker Residential Brokerage

792 E. Rand Road
Arlington Heights, IL 60004
Office: 847-222-8686
Fax: 847-394-5890
Email For Buyers: Julie@StickWithSteve.com
Email For Sellers: Steve@StickWithSteve.com

Through innovative marketing and extensive use of advertising, Steve's average career marketing time of under 30 days from listing to sale is a true barometer of Steve's expertise. In fact, he averages one home sale a week. Steve has over 1100 happy families he has helped and over $300 million dollars in sales. Stick with a proven leader.

ABR CDPE CRS GRI REALTOR Equal Housing MLS



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