REAL 4000 UGA Test 1; Questions & Answers 100% Solved
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Course
REAL 4000 UGA
Institution
REAL 4000 UGA
REAL 4000 UGA Test 1; Questions & Answers
100% Solved
Housing market is divided into Correct answer-local markets
US housing market has been in recovery since Correct answer-2011
Housing prices showed steady growth from Correct answer-1975 to 1998
Housing prices steeply grew in the Correct a...
REAL 4000 UGA Test 1; Questions & Answers
100% Solved
Housing market is divided into Correct answer-local markets
US housing market has been in recovery since Correct answer-2011
Housing prices showed steady growth from Correct answer-1975 to 1998
Housing prices steeply grew in the Correct answer-later 1990s
The housing boom was from Correct answer-2000 to 2006
California, Arizona, Nevada, and Florida had Correct answer-the greatest boom
Housing prices collapsed from Correct answer-2006 to 2011
Housing prices were stagnant from Correct answer-2011 to 2013
Since 2013, housing prices have Correct answer-sustained steady growth slightly greater
than before the boom
Housing prices have been increasing since 2013 because Correct answer-the
underwriting on mortgages presently being very strict
, REAL 4000 UGA Test 1; Questions & Answers
100% Solved
Housing prices have been increasing since 2013 because Correct answer-an undersupply
of housing (basic supply and demand)
Around 2006, the housing market was based on Correct answer-speculation and loose
financing
Case-Shiller Index is a Correct answer-widely accepted but not as insightful housing price
index
Core Logic Correct answer-housing price index
Las Vegas has Correct answer-never gotten to the heights it reached in the housing boom
Las Vegas is the Correct answer-picture of housing boom then housing collapse
Cape Coral/Fort Myers is the Correct answer-same as Las Vegas
San Diego had Correct answer-more muted boom and bust
San Diego boomed Correct answer-earlier than rest of the US (same with CA as a whole)
, REAL 4000 UGA Test 1; Questions & Answers
100% Solved
San Diego collapsed Correct answer-earlier than rest of US
California had a much Correct answer-stronger recovery than the rest of US
Atlanta had Correct answer-a normal slope of increase but not much of a boom
Atlanta got Correct answer-hit hard during the recession
Atlanta got hit hard by bust because Correct answer-of a lot of jobs in real estate and
construction with not much of a boom
Atlanta had a Correct answer-very strong recovery- better off from when they were when
the collapse started
Dallas had Correct answer-a non-existent housing crisis (same with any city in Texas)
Dallas never Correct answer-boomed but steadily climbed from 2006-2011 and increased
more after recession
Texas and Midwest did not crash because of Correct answer-the oil boom
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