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Real Estate Trivia
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We've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun... 


Q 

In what real estate market are more than 90 percent of home sales cash transactions?

A  Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.

Q 

What is the legal term used to describe the right of the U. S. government to condemn private land for public use?

A  Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property.

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 Lighting the World", weighs 54.31 million pounds.

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Jill Biggs Real Estate Team, REALTOR®, real estate agent and broker for Jersey City, Hoboken, Union City and Weehawken, New Jersey home listings, property and land for sale

Jill Biggs
Coldwell Banker Residential Brokerage

100 Washington Street
Hoboken, NJ 07030
Cell: 973-495-6038
Direct: 201-533-3073
Office: 201-798-3300
eFax: 862-345-1528
Fax: 201-798-9366
JillKBiggs@gmail.com
jillbiggs@NUMBER1EXPERT.com

Jill Biggs has set the standard for service in Hudson County. As a Realtor, Jill Biggs takes customer service to a new level, handling every detail of all transactions to make each sale a pleasant experience for both buyers and sellers.

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