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New Orleans Area Real Estate Information for Buyers

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I've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun...
 
 

Q
During what great land boom (1919) did investors pay up to $25,000 for lots that had not yet been dredged up from the ocean?
 
A The Florida Land Boom--Carl Fisher founded Miami Beach that year and brought hundreds of investors to the state.

 

Q
How much does a celebrity's name boost the price of a property?
 
A Typically no more than 5 percent, but there are exceptions--the greater the fame, the higher the price! 
 
 
Q What is currently the most technologically advanced way to vacuum your home?
 
A The self-propelling Dyson DC06 scans and maps a room with sensors and is controlled by built-in computer that prevent it
          from falling downstairs.
 
 
Q What is one of the most unusually shaped buildings in the world?
 
A The all-suite Arabian Tower hotel near Dubai is 1,052 feet tall, built on a man-made island and shaped likea boat sail. 
 
 
Q What was the first territorial acquisition made by the U.S. Government?
 
A The Louisiana Purchase from France in 1803 for $15,000,000 increased U.S. national territory by 140%. 


Q What is the most expensive piece of property ever recorded?
 
A October 1988, the Mediya Building in central Tokyo was quoted at 358.5 million yen ($248,000) per square foot. 
 
 

Q What was the first land designated by the US government as a National Park?
 
A Yellowstone established "as public park/pleasuring ground for the benefit & enjoyment of people" in March 1872.
 
 

Q What is the mysterious American island whose private owners are intent on preserving ways of early island life?
 
A The Robinson Family, owners of Niihau, Hawaii, have done everything in their power to preserve traditional ways.
 

Q
What area in the U.S. has been referred to as the "American Riviera"?
 
A Miami Beach in Biscayne Bay is Florida's pre-eminent place for "people watching" and a hot spot for celebrities.
 
 

Q Which hazardous substance is contained in sixty-four million houses and apartments?
 
A HUD estimates that 64 million homes and apartments built before 1978 contain lead-based paint. 
 
 
 
Q What does the common acronym FSBO (pronounced fizzbo) stand for?
 
A For Sale By Owner. (Between 85 to 95% of existing homes are sold with a Realtor's help.) 
 
 

Q What characteristics must a home have to be considered a prestigious property?
 
A Unique architectural design; Highly desirable location; celebrity status--owned by a well-known person.
 
 

Q What famous writer's home is Rowan Oak?
 
A Rowan Oak in Oxford, Mississippi, was the home of William Faulkner from 1930 until his death in 1962. 
 
 
What celebrity home sold recently for a reported $5.5 million, despite its yellow-and-rust striped paint job?

A
This Hollywood Hills residence was the former home of the popular singer, Madonna. 
 
 
Q  What famous Art Deco skyscraper is decorated with eagle hood ornaments, hubcaps & abstract images of cars?

A
New York's Chrysler Building, designed by architect William Van Alen in 1930, was one of the first
         buildings composed of stainless steel over a large surface area.