Florida Real Estate Exam

Category - Florida

Single family home values are least protected in neighborhoods where there is:

  1. A similarity of income of the owners
  2. A predominance of residents belonging to the same ethnic or religious group affiliation
  3. A minimum of change to existing restrictions as a result of legal restrictions
  4. An increasing mixture of average quality homes with high quality homes
Explanation
Answer D - In an area where average quality homes are being constructed among high quality homes, there would tend to be a decrease in the overall neighborhood property values.

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