Which of the following can affect the price of a home?

Multiple Choice

Cost of the appraisal
Number of loan officers in the area
Current mortgage rates
Cost of the home inspection
Number of realtors in the area

Expert Solution

number of realtors in the area would affect the home prices to a large extent because they are the one who sell the home and build it so if there is a large number of realtors and there is a small number of demand, the prices of home would be lower and vice versa.

rest of the factors doesn't affect the price of home because neither current mortgage rates,cost of appraisal cost of home inspections, or the number of loan offices in the area doesn't impact the cost of home to any extent.

Correct answer would be option ( E)number of realtors.

jeff jeffy answered 2 years ago

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