Local Records Office
How well do you know real estate? Here is a trivia with a few questions that will test you and have you guessing
Q: Which metropolitan area in America currently offers the most affordable market in which to buy new homes?
A: The housing market in Youngstown, Warren and Boardman, Ohio is currently the most affordable metro area in the U.S.
Q: What is the least affordable metropolitan housing market in the United States?
A: California’s Los Angeles-Long Beach-Glendale is currently rated as the most expensive metro area in the nation.
Q: What was a sure way to accumulate wealth through the 1970s and early 1980s?
A: Many people made their fortunes in real estate during this period.
Q: What is the highest skyscraper hotel in the world?
A: The Grand Hyatt Shanhai in Pudong, Shanhai, China occupies the top 35 floors of the 88-story Jin Mao Tower, which at 1,378 feet is the tallest building in China and the third tallest building in the world.
Q: What is a “jumbo mortgage”?
A: The term “jumbo mortgage” currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.
Q: What real estate board game became the best-selling game in America just one year after it was created?
A: Charles B. Darrow invented Monopoly in 1934, to cheer himself up while unemployed during the Great Depression. Monopoly is now the most popular board game in the world and has sold over 200 million copies.
Q: What famous American building was originally built in 1792, burned and rebuilt 1814-1818 and restored in 1952?
A: The White House in Washington, D.C., modeled after an Irish palace, is a sumptuous example of post-colonial architecture.
Q: What is the world’s most expensive Monopoly set?
A: San Francisco jeweler Sidney Mobell created an exclusive $2 million Monopoly set, with solid 23 carat gold houses, chimneys made of rubies and sapphires and dice with 42 full cut diamonds for spots.
Q: What famous antebellum mansion was known as the “Queen of Tennessee Plantations”?
A: Belle Meade Plantation was a prosperous 5,400-acre thoroughbred horse farm in the mid 1800’s. The Civil War Battle of Nashville was fought in its front yard.
Q: What holds the title as the tallest reinforced concrete building in the U.S.?
A: 311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high.