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| Q |
What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?
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Financing doesn't worry these buyers; they often put down 40 percent or more or pay cash for a property
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| Q |
What has been described as the world's most beautiful building?
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The white marble Taj Mahal in India was built by the Mogul emperor Shah Jahan (1631-53) to enshrine his favorite wife.
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| Q |
What are considered the ideal conditions for a buyer's market?
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In a buyer's market, there are more houses for sale than buyers, homes take longer to sell, and sellers may have to cut prices.
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| Q |
Who is "Freddie Mac", and why is he a big name in real estate?
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"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans.
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| Q |
What is arguably the world's strangest (and most dysfunctional) kitchen?
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In 1998 the Kemper Museum of Contemporary Art in Kansas City first displayed a kitchen made entirely of 40 million colored glass beads by artist Liza Lou of Topanga, California.
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