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Fun Fact Friday

February 28, 2015

It's time to test your real estate knowledge and see how many of these fun questions you can answer!
 

  1. What are three of the best indicators of real estate market trends?

    • Existing home sales, new home building and mortgage interest rates.

  2. What are the characteristics of classic Queen Anne architecture?

    • Queen Anne homes are the most elaborate, romantic and feminine of all Victorian homes. Queen Anne style is a favorite among American house styles, featuring exterior ornamentation and complex color schemes.

  3. What kind of home construction is considered to be the safest in seismic areas?

    • Earthen and straw-bale homes in seismic zones have proven resilient enough to withstand the shock of earthquakes.

  4. Where is the world’s oldest hotel?

    • Nishiyama Onsen Keiunkan in Hayakawa, Japan, holds the Guinness World Record for  the world’s oldest hotel. Originally established in 705 AD, it has been operated by the same family for over 1,300 years, boasting its former service to samurai.

  5. What is the world’s most expensive Monopoly set?

    • San Francisco jeweler Sidney Mobell created an exclusive $2 million Monopoly set, with solid 23 carat gold houses, chimneys made out of rubies and sapphires and dice with 42 full cut diamonds for spots.

  6. Which country of the world has the highest percentage of private housing?

    • Mongolia, where 100% of all properties are owner-occupied.

  7. What acclaimed house, built of stone, concrete and glass, is built over a waterfall?

    • Fallingwater in Mill Run, PA, built by architect Frank Lloyd Wright, is one of the most visited homes in the United States.

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

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

  9. Where was the Great Land Boom, in which investors paid up to $25,000 for lots not yet dredged up from the ocean?

    • The Great Florida Land Boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919.

  10. Whose mansion sold for about $2 Million after just one day on the market?

    • Soon after the death of actor George Burns, his home was put on the market. The home sold within 24 hours.
       

That's all we have for you today, folks! We hope you learned something new to share with your friends this weekend.

 

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