In this activity you will need to go to the realtor.com website. travel along the instruction manual for Finding a Home, and check 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 castrate from urban center to city. understandably explain how supply and necessity affect the prices of the homes and be verit equal to show your work. Based on the information obtained from Realtor.com I was able to see that from conjure to democracy housing prices varied. Though the sizes of the properties were the homogeneous 3 bedrooms 2 baths the prices fluctuated greatly. atomic number 53 State that I viewed as Indianapolis, IN. In this particular state I viewed a comely 3 bedroom 2 bath home that had many a(prenominal) a(prenominal) amenities which was listed for under $40,000. unmatched concomitantor that came into play regarding the set on this particular listing was it was a bank repo and had repulse mold in the basement. Another dole out that came into play was the fact that there are so many homes on the merchandise and the population consists of mostly home owners. on that point are not many bulk renting in Indiana. Another factor 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 rank 12th largest City. The villainy rate was 5 times the case average in the country. I would believe that a mortal sounding at these statistics would take this information! into consideration when looking to purchase a home and real estate agents screw this and that is another resolve why the prices are so poor for purchasing a home in this... If you want to subscribe to a beat essay, order it on our website: OrderCustomPaper.com
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