Enjoy!

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

Q: Who is "Fannie Mae" and why is she a big name in real estate?

A: "Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders.

Q: What 45,000 sq.ft. home on 5-acres on Lake Washington is described as an 'adventurous house' by its owner?

A: The home of Microsoft's Bill Gates ($40+ million) has a wall of 24 video monitors featuring art and film and a 60-foot pool.

Q: Which law allows a person to give another individual up to $10,000 a year without any tax consequences?

A: The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year.

Q: What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?

A: Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age.

Q: What economic factor can make the purchase of a home an excellent long-term investment?

A: Home price appreciation can result in a substantial return on the buyer's investment as a house increases in value over time.

Q: What five basic components of a "smart home" can be controlled by technology?

A: Lighting and window treatments, security and access control, data communication, environmental/energy management, and audio/video entertainment can all be operated by a "smart home".