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Allied Schools. Ca Real Estate Principals Unit 1 Flashcards C.A.R.9. A California trade association representing REALTORS statewide.
CaliforniaThe most populous state in the country is:
inflation4. The increase in the general price level of goods and services demographics6. Information from a variety of sources used to create a broad profile of any community.countriesCalifornia's economy is so larger that it actually competes
with:
capitalism1. An economic system in which most of the economy's resources are privately owned.a low affordability indexThe best housing market would be created by all of the
following, except:
megalopolisA large, densely populated metropolitan area consisting of a number of major urban areas and smaller surrounding
cities is called a:
a real estate license issued by the California Bureau of Real Estate.In California, to work as a real estate salesperson or broker
you must have:
capitalismAn economic system in which most the economy's
resources are owned and managed is called:
appreciationThe increase in market value of real estate defines:
Appreciation3. The increase in market value of real estate.
informationA decrease in purchasing power of the dollar describes:
unemployment rate10. The percentage of the people classified as unemployed as compared to the total labor force.housing inventory8. Housing units that are available for sale or in the process of being made ready for sale.Net Worth2. The value of all assets minus all liabilities median home price5. The price that is middle value of a sample of sales, with one-half of the sales below and one-half of the sales above.The real estate housing market is influenced by: The inventory of available housing. The affordability of housing. Mortgage interest rates.Gold Rush7. A large migration of people to a newly discovered gold field.median home priceThe price that is middle value of a sample of sales, with
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