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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 are considered the ideal conditions for a seller's market?

A  In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS.

Q 

What is the average age range of a second-home buyer in the United States?

A  Currently, second-home buyers in America are most often between 41 and 44 years of age.

Q 

What famous American monument is also the world's heaviest statue?

A  The Statue of Liberty, officially named "Liberty Enlightening the World", weighs 54.31 million pounds.

Q 

According to Feng Shui, the art of home placement, what five elements are needed in a harmonious environment?

A  Wood, fire, earth, metal and water must be balanced to create a happy, prosperous home.

Q 

Originally incorporated under the name Georgiana, what is the oldest incorporated city in the United States?

A  York, Maine, which received an English charter in March 1642, is the oldest incorporated city in the U.S.

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Real Estate Tips

Home Inspections >The Good Inspector

Structural inspection contingencies are a common feature of home purchase offers. A buyer is allowed a certain period of time to have an expert look over the home, examining the structure, plumbing, wiring, roof, and appliances to give the buyer a realistic idea of what they are getting into.

How do you find the right inspector? Look for an expert on pre-purchase home inspections, not simply a renovation contractor or a friend who can tell copper from galvanized pipes. There are specialists in most cities, or you can obtain a list from a real estate agent. Ask for recommendations from friends who have recently purchased homes. Most inspectors have some background in building or engineering, and have had additional training related specifically to residences. Call several companies, and ask about the background and training of the staff, as well as their rates.

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Real Estate Trivia

Q 
Who received the largest land grant ever given to an English subject for only two beaver skins per year?

A 
William Penn, the Quaker leader, received Pennsylvania and Delaware to settle a debt owed his father by King Charles II.
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Marilou Buffum, REALTOR®, real estate agent and broker for Chestnut Hill, Mt. Airy and Northwest Philadelphia, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT

Marilou Buffum
Prudential Fox & Roach

97 Bethlehem Pike
Philadelphia, PA 19118-2820
215-248-4050
thebuffums@NUMBER1EXPERT.com

Marilou Buffum is your Chestnut Hill and Mt. Airy Expert. The community's top-selling team includes Marilou Buffum, Associate Broker (Pa.Lic..60244) and Sales Associates: Peter Buffum (Pa. Lic. 208103), Paula Seitchik (Pa. Lic.273926) and Rebecca Buffum (Pa. Lic. 310053).

ABR Equal Housing GRI MLS REALTOR


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