David Saks: July 2010

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 722

                                                      #722

When the population of a town suddenly increases demand for housing will start to decrease and so will real estate prices.

Is this true or false ?

Take your time. The answer is posted below the wildlife photo.

wildlife

A. False

The opposite is true.

The demand for housing will begin to increase and home prices will start to follow the trend.

Prices will increase.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • July 05 2010 11:15AM
Real Estate Practice : Lesson 722
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#722 When the population of a town suddenly increases demand for housing will start to decrease and so will real estate prices. Is this true or false Take your time. The… more
Real Estate Practice : Lesson 721
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#721 If an option to purchase real estate has been recorded but has never been worked out, the option may always be reverted to a form of protection or collateral for a new loan. … more
Real Estate Practice : Lesson 720
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#720 A contract is considered to be a void contract if it can't be enforced because of a statute of limitations. Is this true or false Take your time. The solution is posted bel… more
Real Estate Practice : Lesson 719
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#719 When we talk about REALTORS® we're talking about professionals that are members of the National Association of Real Estate Brokers Is this true or false This is… more
Real Estate Practice : Lesson 718
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#718 When we speak of the statute of frauds we're talking about a law which requires that all contracts must contain a provision for habendum clause Is this true or false … more
Real Estate Practice : Lesson 717
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#717 A contract can be discharged, terminated and cancelled if it is breached by any party to the contract, and any liability for the contract is also terminanted. Is this true or false… more
Real Estate Practice : Lesson 716
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#716 If a clause is included in a contract that will award five thousand dollars to one party if the other part breaches the contract, and the party receiving the five thousand dollars cannot… more
Real Estate Practice : Lesson 715
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#715 Special assessment taxes are transfer taxes imposed at closing and affect the transfer of deed, are mandated by the state, and derive revenue from real property sales. Is this… more
Real Estate Practice : Lesson 714
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#714 In order to obtain a nonconforming use permit a property owner has to demonstrate to the zoning commission that denial of the use the property currently supports would create a hardship… more