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Real Estate Trivia
Welcome > Resources > Trivia ...

Enjoy! 

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


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 

What unique type of home is making news as an affordable, environmentally-friendly housing alternative?

A  Straw bale homes may well become the non-toxic, affordable home of choice in the future.

Q 

What does the abbreviation PITI stand for?

A  Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment.

Q 

Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common?

A  Lender in these states must pay interest on funds held in escrow accounts.

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Denise Woods, REALTOR®, real estate agent and broker for Powhatan, Chesterfield and Amelia, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Denise Woods
RE/MAX Commonwealth Group

3430 Anderson Hwy #E
Powhatan, VA 23139
Office: 804-598-0007
Fax: 866-430-9768
Cell Phone: 804-337-4410
Denise@denisewoods.com

Denise has over 12 years of experience in the real estate industry. Denise Woods Realty Team has helped nearly 1,000 (ONE THOUSAND) families in their real estate needs. Denise Woods and Cathy Gusti focus on superior customer service with our clients! We love what we do!

ABREqual HousingMLSREALTOR


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