Save
Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't know
Remaining cards (0)
Know
0:00
share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Unit 5:

Market Analysis

QuestionAnswer
market analysis to examine the demand for and supply of a property type and the geographic market area for that property type.
Market area areas where market participants live and work
market trend analysis the analysis of data that exhibits an ongoing upward or downward pattern that is not due to seasonal changes.
marketability study the study to determine if the item in question is marketable.
feasibility study a study of the cost-benefit relationship of an economic endeavor.
absorption analysis to predict the absorption rate of a certain type of property in a given market. An absorption rate signifies the rate at which a type of property is either bought or leased, i.e. absorbed by the market.
Price point a point on the scale of possible prices at which a property might be marketed.
There often is some confusion regarding market analysis, a feasibility study, and a marketability study. The primary reason for this confusion results from: the client's lack of understanding and miscommunication with the appraiser
According to Standards Rule 1-3(a) in USPAP, an appraiser when doing a regional analysis, must consider: economic and market trends to obtain credible valuation results.
A political issue to consider in a regional market analysis is: regional government controls and cooperation among local government jurisdictions in solving inter-city problems.
Which of the following refers to the economic impact of a community that relies heavily on a specific industry? Regional employment variations
Which of the following factors helps foster rapid increases in housing prices in a regional market analysis? Creative financing offered by lenders
What has increased the effect of regional economic activity on local property values through the extensive use of automobile and advanced public transportation systems? Increased mobility
Which of the following is not one of the physical issues to consider in a regional market analysis? Availability of jobs
Adam is an appraiser who is analyzing the economic issues affecting a particular region. Which of the following is an economic issue to consider in a regional market analysis? Quality and diversification of defense-oriented industries
Physical issues to consider in a regional market analysis include public transportation facilities, available open spaces, and airports.
Which of the following statements is true regarding the impact of economic factors on real estate? The impact of regional employment variations cannot be overemphasized
In a regional market analysis, which of the following is an economic issue to be considered? Quality and quantity of institutions of higher learning
Factors affecting the rapid increases in housing prices include lower-than-normal unemployment, trade-up buyers, and creating lending programs.
In certain areas, farmers compete for their share of water allotment with: city dwellers.
Which of the following is not a social issue to consider in a regional market analysis? Job classification
As cities grow and become more crowded, what becomes more important? Individual property rights
In a city market analysis, a basic political consideration is: the city master plan and area specific plans.
A basic economic consideration in a city market analysis is: sufficient tax base to fund government services.
What is the final part of the economic analysis of a residential property A study of the properties that surround the subject property and influence its value
Created by: Kids3
 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards