Compass CEO Says There Is Not Enough Housing Inventory
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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main reasons for the low inventory in the housing market?
Increased construction costs
Homeowners locked into low mortgage rates
Government regulations
High demand for new homes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term is used to describe the reluctance of homeowners to sell due to favorable mortgage rates?
Platinum chains
Silver shackles
Golden handcuffs
Bronze bonds
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy are some homeowners using to maintain their low mortgage rates while moving?
Refinancing their mortgage
Buying a smaller home
Renting out their current home
Selling their current home
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At what mortgage rate level does the speaker believe a flood of inventory will return to the market?
6%
3%
4%
5%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which market is identified as having potential investment opportunities due to a lag in return-to-office trends?
New York City
San Francisco
Los Angeles
Chicago
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