REAE 3325 Ch 6 Questions and Answers 100% CorrectREAE 3325 Ch 6 Questions and Answers 100% CorrectREAE 3325 Ch 6 Questions and Answers 100% CorrectREAE 3325 Ch 6 Questions and Answers 100% CorrectThree kinds of factors that affect the value of an urban property are - ANSWER-locational characteristi...
Three kinds of factors that affect the value of an urban property are - ANSWER-
locational characteristics
land-use controls
non-locational characteristics
Real estate cycles are affected by - ANSWER-changes in demand.
long real estate "gestation" periods.
business cycles
Which term best describes the activity of a researcher who is analyzing the nuances of
market sub-groups by their distinguishing needs? - ANSWER-difficult to predict
When a developer interviews people associated with an existing competing, yet similar
development to find out what they like and dislike about the development, this is called -
ANSWER-survey research
A major challenge in forecasting real estate market parameters and, therefore,
predicting values, is the presence of real estate ______________________ (which are
the result of lag in the industry's "natural correction process"). - ANSWER-cycles
Survey research can be especially valuable in real estate during a project's - ANSWER-
design
The most appropriate resource for a researcher looking for information on household
characteristics in a particular location is the - ANSWER-US Bureau of Census
A proposed residential project will face competition from other recently completed
projects, other builders, as well as sales of existing homes. As such, the developer must
attempt to estimate the _________________ for the proposed residential project to
determine if demand in that market segment will be sufficient to justify proceeding with
the project. - ANSWER-capture rate
Which is NOT a characteristic of The Elysian Forest planned unit development -
ANSWER-offered an affordable alternative to the existing housing market
Before effective real estate market research can be achieved, relevant _______ must
be examined. - ANSWER-market segmentation
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller NursingTutor1. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.