FL PL, Level 15 - The Real Estate Markets & Analysis

0.0(0)
studied byStudied by 0 people
GameKnowt Play
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/6

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

7 Terms

1
New cards

situs

the economic significance of a property's location

2
New cards

demand

a measure of the general desire for an asset or commodity at a given time

3
New cards

household

any person or group of persons occupying a separate housing space

4
New cards

supply

the amount of a product or service that is available for sale or lease at a given time

5
New cards

buyer's market

the condition of having fewer buyers than the supply of homes for sale in an area

6
New cards

seller's market

a market condition in which the number of properties for sale does not meet the demand (number of people looking to buy)

7
New cards

vacancy rate

the percentage of rental units that are unoccupied