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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 holds the title as the tallest reinforced concrete building in the U.S.?

A  311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high.

Q 

What are three of the best indicators of real estate market trends?

A  Existing home sales, new home building and mortgage interest rates.

Q 

What are the characteristics of classic Queen Anne architecture?

A  Queen Anne homes are the most elaborate, romantic and feminine of all Victorian Homes.

Q 

What kind of home construction is considered to be the safest in seismic areas?

A  Straw-bale homes in seismic zones have proven resilient enough to withstand the shock of earthquakes.

Q 

Which estate has two pools--one on the east side for the morning sun and one on the west for afternoon enjoyment?

A  The former estate of John Lennon in Palm Beach has two pools plus guest quarters.

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Real Estate Tips

Buyers Remorse >First Time Buyers

People who are selling their homes should know something about the market group from which their buyers are likely to appear. Many homes are perfect for a first-time buyer. First-time buyers are making a major purchase they have never attempted before, and may be unusually subject to the inevitable stress and anxiety that goes with buying a home.

First-time home buyers are usually younger (between 25 and 34 years of age) and have distinct buying patterns. First-timers are often looking for homes that are smaller, and perhaps older, than repeat buyers. The median home size for first-time buyers is about 1450 square feet. Approximately four in ten first-timers will buy homes built before 1960, compared to two in ten repeat buyers.

First-time buyers are in the process of developing a clearly defined sense of what they want in a house. They may not have enough money to buy their ultimate dream home at first, but seventy-four percent say they like their new home better than their previous residence.

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Real Estate Trivia

Q 
What country of the world has the highest percentage of private housing?

A 
Mongolia, where 100% of all properties are owner-occupied.
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Bonnie Ferrell, REALTORŪ, real estate agent and broker for Baton Rouge, East Baton Rouge and Ascension Parish, Louisiana home listings, property and land for sale - NUMBER1EXPERT

The Bonnie Ferrell Team
Bonnie Ferrell & Company, Inc.

P.O. Box 66714
Baton Rouge, LA. 70896
Phone: 225-926-7127
Fax: 225-924-0609
Email: bonnieferrellhomes@NUMBER1EXPERT.com

I realize that buying and selling a home is one of the most crucial financial transactions of your life. In what can be a confusing and sometimes difficult process, it pays to leave as little to chance as you can. With my help, you can navigate unknown territory with ease. To fill the specific residential needs of home buyers and sellers, the Residential Sales Council of the National Association of REALTORS institutes a class of expert real estate professionals: the Certified Residential Specialists (CRS). Fewer than 3% of all Realtors have earned the right to be called a "CRS". Fewer than 3% have developed special residential sales skills and enhanced their residential sales knowledge through education, dedication and experience. At Bonnie Ferrell & Co., Inc., I am proud of the fact that I have earned the CRS designation, and therefore have the knowledge and experience to assist you through the entire home buying process. Additionally I am also a licensed residential and commercial contractor. I have been actively building new homes since 1996. I invite you to put my vast skills and knowledge to work for you.

CRS Equal Housing GRI MLS REALTOR


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