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FIN 181 Chapter 15 Flashcards | StudBud

Explore/FIN 181 Chapter 15

Office supply is most affected by

Demand for improved real estate increases when

FIN 181 Chapter 15

8 terms·StudBud Administration·462 plays

Chapter 15 - Market Study

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Questions 8

Answers

1
Demand for improved real estate increases when
A tornado destroys 150 existing homes in a town
New construction has fallen off
The zoning authority changes rules making building difficult
A new factory opens and brings in 1,000 new employees
2
Office supply is most affected by
Increases in the regulation of retail construction
Changes in retail buying habits
Changes in the population of the subject property's area
The conversion or new construction of office buildings
3
Office demand is most affected by
School taxes
The percentage of owner-occupied residences
The availability of water and sewer services
The expansion trends of local businesses
4
A market with few properties for sale and many potential buyers is called
Affordable
Competitive
Seller's
Buyer's
5
The supply of improved real estate is directly impacted by
Lowering mortgage interest rates
Job creation in a local market
Immigration patterns
New construction of competing properties
6
Which of the following has the most efficient market?
Five- to 50-unit apartments
One-unit residences
Two- to four-family homes
51- to 500-unit apartment projects
7
Retail space demand is affected by
Changes in traffic patterns
Changes in employment opportunities
All of the above
Increases or decreases in disposable income
8
A property's potential to meet an investor's objective for financial success is analyzed in a
Market segmentation study
Feasibility analysis
Highest and best use analysis
Marketability study