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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 mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?

A  Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.

Q 

Where was the great land boom (1919) in which investors paid up to $25,000 for lots not yet dredged up from the ocean?

A  The great Florida land boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919.

Q 

What did 75% of 10,000 buyers surveyed by the NAR list as their top reasons for selecting a Real Estate Professional?

A  Knowledge of the housing market, knowledge of real estate practices and financing, and familiarity with neighborhoods.

Q 

1992 marked the first year since before the Civil War that there were fewer than 2 million ________ in the United States?

A  There are fewer than 2 million farms, and agricultural land is still being carved up for residential and commercial uses.

Q 

Due to low business and living expenses, what areas are considered to be the fastest growing in the country?

A  According to recent studies, the Southern and Western regions of the U.S. are among the nation's strongest economies.

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Mike Kogler TEAM, REALTOR®, real estate agent and broker for Rehoboth Beach, Lewes and Bethany Beach, Delaware home listings, property and land for sale - NUMBER1EXPERT(tm)

Mike Kogler Team
Long & Foster Real Estate, Inc.

37156 Rehoboth Ave., Ext.
Rehoboth Beach, DE 19971
302-236-7648
Fax: 302-227-8165
michaelkogler@NUMBER1EXPERT.com


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