I'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
What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?
A
Financing doesn't worry these buyers; they often put down 40 percent or more or pay cash for a property
Q
What has been described as the world's most beautiful building?
A
The white marble Taj Mahal in India was built by the Mogul emperor Shah Jahan (1631-53) to enshrine his favorite wife.
Q
What are considered the ideal conditions for a buyer's market?
A
In a buyer's market, there are more houses for sale than buyers, homes take longer to sell, and sellers may have to cut prices.
Q
Who is "Freddie Mac", and why is he a big name in real estate?
A
"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans.
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