Housing Market

In this activity you will need to go to the realtor.com website. meet the operating instructions for Finding a Home, and bring out housing prices for a 3-bedroom, 2-bath house in several cities, for example, San Francisco, CA; Topeka, KS; Dallas, TX; Concord MA; and Seattle, WA. Explain why housing prices falsify from metropolis to metropolis. intelligibly explain how supply and demand simulate the prices of the home(a)s and be certain(p) to show your work. Based on the information obtained from Realtor.com I was fitting to see that from state to state housing prices varied. though the sizes of the properties were the equal 3 bedrooms 2 baths the prices fluctuated greatly. One State that I viewed as Indianapolis, IN. In this particular state I viewed a sightly 3 bedroom 2 bath home that had numerous amenities which was listed for under $40,000. One featureor that came into play regarding the solidification on this particular listing was it was a bank repo and had fanc ify mold in the basement. A nonher reckon that came into play was the concomitant that there are so many homes on the production and the population consists of mostly home owners. There are non many people renting in Indiana. Another promoter was the size of the population. According to Wikipedia 2000 census 791,926 people were accounted for in the city of Indianapolis making it the most populous city in the United States at the time. It also ranked 12th largest City. The disgustful activity rate was 5 times the national medium in the country. I would believe that a person feeling at these statistics would take this information into consideration when looking to corrupt a home and real estate agents know this and that is some other crusade why the prices are so low for buy a home in this... If you want to get a spacious essay, order it on our website: OrderCustomPaper.com

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