Summit, South Orange and Short Hills real estate and homes for sale in New Jersey - Hilary Gilles, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo
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Hilary Gilles

All agents are NOT alike! Find out why I am a top real estate expert. Call me: 973-615-0786.

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"Dream House"
"With her help we found our dream house."
-M. Song, Summit, NJ
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Real Estate Trivia
Welcome > Resources > Trivia ...

Enjoy! 

I've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun... 


Q 

What oceanfront area is currently the most popular choice among people searching for second homes and vacation homes?

A  According to statistic published early in 2005, the Florida coast is the most sought-after vacation and retirement destination in the United States.

Q 

In what real estate market are more than 90 percent of home sales cash transactions?

A  Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.

Q 

What is the legal term used to describe the right of the U. S. government to condemn private land for public use?

A  Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property.

Q 

What are considered the ideal conditions for a seller's market?

A  In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS.

Q 

What is the average age range of a second-home buyer in the United States?

A  Currently, second-home buyers in America are most often between 41 and 44 years of age.

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Hilary Gilles, REALTOR®, real estate agent and broker for Summit, South Orange and Short Hills, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Hilary Gilles
Keller Williams Realty

Premier Properties Essex, Union & Morris Counties
488 Springfield Ave.
Summit, NJ 07901
Mobile: 973-615-0786
Fax: 973-376-1088
Fax: 973-763-2121
HilaryGilles@NUMBER1EXPERT.com
hilarygilles@kw.com

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