Q
What was a sure way to accumulate wealth through the 1970s and
early 1980s? |
A
Many people made their fortunes in real estate during this period. |
Q
Into what category do forty-four percent of home buying
households fall? |
A
Forty-four percent of home-buying households are made up of
married couples with dependents. |
Q
What site discovered in 1965 is considered the world's oldest known
habitation? |
A
The Terra Amata site in Nice, France has the remains of 21 huts
belonging to the Acheulian culture from 400,000 years ago. |
Q
What famous monument was designed by Finnish-American
architect Eero Saarinen? |
A
The stainless steel Gateway Arch in St. Louis, MO, completed in
1965, is the world's tallest monument. |
Q
What has a tremendous impact on the U.S. economy, comprising
between $10-$15 trillion of the nation's wealth? |
A
Real Estate--it goes through cycles, but still has a long-term record
of strong investment return. |
Q
Which former Dallas Cowboys Quarterback is now working in
Real Estate?
|
A
Roger Staubach began selling real estate while playing
football for the Dallas Cowboys and began his own company
in 1978. |
Q
What is the most-visited Historic Home in the United States? |
A
More than 600,000 visitors a year tour Graceland in Memphis, TN,
the palatial home of Elvis Presley. |
Q
What famous American building was originally built in 1792, burned
and rebuilt 1814-1818 and restored in 1952? |
A
The White House in Washington, D.C., modeled after an Irish
palace, is a sumptuous example of post-colonial architecture. |
Q
According to recent studies, which regions of the nation
have the strongest job, housing and mortgage markets? |
A
The South and the West have been and will continue to be the
nation's strongest economies. |
Q
What government is considered the world's largest landowner? |
A
The United States government holds 728.8 million acres of land,
making it the world's largest landowner. |
Q
What famous $40+ million home has a 60-foot pool with
underwater music and a 20-car garage? |
A
The home of Bill Gates, co-founder of Microsoft, features the latest
futuristic computer technology. |
Q
What city ranks #1 for housing appreciation among the 50
biggest U.S. metropolitan areas? |
A
Portland, OR is tops with an average rise of 5.6%; Salt Lake
City, Las Vegas, Denver and Phoenix average 4% or more. |
Q
What kind of home construction is considered to be the
safest in seismic areas? |
A
Straw-bale homes in seismic zones have proven resilient
enough to withstand the shock of earthquakes. |
Q
Which estate has two pools--one on the east side for the
morning sun and one on the west for afternoon enjoyment? |
A
The former estate of John Lennon in Palm Beach has two
pools plus guest quarters. |
Q
What holds the title as the tallest reinforced concrete building
in the U.S.? |
A
311 South Wacker Drive in Chicago was completed in 1990
and is 65 stories high. |
Q
What upscale neighborhood is home to actor Robin Williams? |
A
Robin lives in the Sea Cliff area in San Francisco where a
typical four-bedroom mansion is currently valued at
$1,250,000. |
Q
What is the short name for "El Pueblo de Nuestra Senora la
Reina de los Angeles de la Porciuncula"? |
A
The full Spanish name for Los Angeles is usually shortened to
LA. |
Q
What was the world's highest viewing platform before the
opening of the Empire State Building in 1939? |
A
The Eiffel Tower, built between 1887-1889, was for 42 years
the highest viewing platform in a man-made structure.
|
Q
What now famous island was originally sold for goods valued
at 60 guilders ($24)? |
A
The Indians sold Manhattan to Peter Minuit, a Dutch settler in
1626--what a deal! |
Q
What building has been named the 21st Century Townhouse
project? |
A
4 townhouse in Bowie, MD made of giant foam/board panels,
concrete/styrofoam block frames, steel, and aerated
concrete. |
Q
Which metropolitan area has the highest median price homes
in the U.S.? |
A
Honolulu, Hawaii blends its cultural history with the action of a
major metropolitan area; the median price home is
$360,000. |
Q
Who was given the largest land grant ever given to an English
subject for only two beaver skins per year? |
A
William Penn received what is now Pennsylvania and Delaware
from King Charles II to settle a debt owed to his father. |
Q
What is the conclusion of a real estate sale where title is
transferred and the necessary funds exchange hand? |
A
In real estate, settlement, closing and passing papers
describe the finalization of a real estate transaction. |
Q
What amenity do eighty-nine percent of all Westerners want
included with their new home? |
A
Most Westerners want a garage because they don't have a
basement for storage as well as their sheltering cars. |
Q
What is the average price you will pay for a home in the
United States? |
A
Studies indicate the median price of existing homes is
$109,800; the median price for newly-constructed homes is
$132,000. |
Q
What structure famous for its size and beauty is located 14
miles southwest of Paris? |
A
Requiring 30,000 workmen, the Palace of Versailles, built for
Louis XIV, is considered the second largest palace in the
world. |
Q
What is considered the single most important factor in
high-profile rental markets? |
A
Name association--Shirley MacLaine hasn't lived in her Encino
home for 19 years, but her property rents for $13,500 a
month. |
Q
What famous building is known as the tallest building in New
York City? |
A
The north tower of the World Trade Center, completed in
1973, is 1,368 feet tall, making it the world's tallest building
at the time. |
Q
What nation captured the world's tallest building title with the
completion of twin towers? |
A
Fueled by an oil and manufacturing boom, Malaysia build the
Petronas Towers, the world's tallest buildings at 1,483 feet. |
Q
What weighs 320 tons and is considered the largest single
block building? |
A
Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the
largest single block building and the world's oldest pyramid. |
Q
Upon completion this year, what will be the tallest residential
building south of New York and east of Chicago? |
A
Located in Biscayne Bay, Florida, the $120 million, 51-floor
luxury condominium will be called The Santa Maria. |
Q
What female pop singer recently put her Spanish Gothic
home in Beverly Hills on the market for $2,695,000? |
A
Paula Abdul's home features a restaurant-style kitchen, full
gym, flagstone bridges and waterfalls and a koi pond. |
Q
What piece of property is known as the most expensive ever
on record? |
A
The Mediya Building in central Tokyo was valued in October
1988 at 358.5 million yen ($248,000) per square foot. |
Q
What prestigious 16,000 sq. ft. California-style home
owned by a celebrity is located in the foothills of northern Georgia? |
A
Beaver Dam Farms, 10 bedrooms and 12 full baths owned by
Kenny Rogers can be yours for $12 million! |
Q
What building was under construction for over 38 years, the
longest continuous construction? |
A
The Winchester House in San Jose, CA was under construction
for 38 years. |
Q
What is considered one of the key elements of the American
Dream? |
A
Homeownership has long been an integral part of the American
Dream for personal and financial reasons. |
Q
What word was first used in the 18th century to mean "a high-flying
flag on a ship"? |
A
Skyscraper was first used in the 1880s when office buildings of 10
stories or more were built in Chicago and New York |
Q
Among the nation's 100 largest metro areas, which area
ranks seventh in terms of home affordability? |
A
Atlanta is an important distribution, transportation,
communication and financial center. |
Q
What is considered one of the few remaining tax shelters in
the 1990s?
|
A
Homeownership--property taxes on a residence or vacation
home are deductible up to $1 million. |
Q
What city boasts ten of the eleven biggest hotels in the
world? |
A
Las Vegas has 10 of the largest hotels; latest and most
extravagant is the $450 million New York-New York. |
Q
What hazardous substance is contained in sixty-four million
houses and apartments? |
A
According to HUD, sixty-four million homes or apartments
built before 1978 contain lead-based paint.
|
