What does ERA stand for in ERA Real Estate?
Electronic Realty Associates
In 1971, Jim Jackson founded the company, originally called Electronic Realty Associates, with the vision of utilizing the latest technology – then a fax machine – to provide the highest quality service. Since that time, ERA Real Estate has continued its innovator role.
What is value in the real estate context what is the market for real estate?
Market value is an opinion of what a property would sell for in a competitive market based on the features and benefits of that property (the value), the overall real estate market, supply and demand, and what other similar properties have sold for in the same condition.
What led to the housing bubble of the early 2000s?
A housing bubble a sustained but temporary condition of over-valued prices and rampant speculation in housing markets. The U.S. experienced a major housing bubble in the 2000s caused by inflows of money into housing markets, loose lending conditions, and government policy to promote home-ownership.
Is era Realty still in business?
In 1973, ERA Real Estate offered the first nationwide home warranty program. Today, ERA Real Estate is online and offers real estate services to both sales associates and consumers. The company has remained a major competitor in the real estate market for 45 years.
What is a time era?
era, a very long span of geologic time; in formal usage, the second longest portions of geological time (eons are the longest). An era is composed of one or more geological periods.
What factors affect the value of real estate?
10 Factors That Affect Property Value (#7 Will Surprise You)
- Location. The location of your property is one of the most important factors that affect real estate values.
- Home Size and Usable Space.
- Age and Condition.
- Upgrades and Updates.
- Supply and Demand.
- Real Estate Comps.
- Planning/Building Regulations.
- Interest Rates.
What caused the 2008 recession?
The Great Recession, one of the worst economic declines in US history, officially lasted from December 2007 to June 2009. The collapse of the housing market — fueled by low interest rates, easy credit, insufficient regulation, and toxic subprime mortgages — led to the economic crisis.
Why did the bubble burst in 2008?
Collapsing home prices from subprime mortgage defaults and risky investments on mortgage-backed securities burst the housing bubble in 2008. Real estate prices rose steadily in the United States for decades, with slowdowns caused only by interest rate changes along the way.
What are the distinctive properties of a realism?
In general, where the distinctive objects of a subject-matter are a, b, c, … , and the distinctive properties are F-ness, G-ness, H-ness and so on, realism about that subject matter will typically take the form of a claim like the following:
Why was realism important in the 19th century?
Realism concerned itself with how life was structured socially, economically, politically, and culturally in the mid-19 th century. This led to unflinching, sometimes “ugly” portrayals of life’s unpleasant moments and the use of dark, earthy palettes that confronted high art’s ultimate ideals of beauty.
Can a non-realist reject the existence dimension of realism?
There are at least two distinct ways in which a non-realist can reject the existence dimension of realism about a particular subject matter.
Who are the Realtists in the real estate industry?
The realtist was the African American who represented persons interested in buying and selling property. The great racial divide created this terminology. Eventually, the separate organizations became one and the term, realtist, disappeared.