Fair Haven, CT Is an older established community. Existing home sales are 98,5% of all sales. You are conducting a study for a real estate broker who focuses on the residential market and needs to understand the price and supply of single- family homes in Stamford, Ct. Which factor would have the LEAST Impact on the price of a residential property, Lot size O Square footage of interior space OZoning Regulations Demand by age cohort of buyer O Age of the property Question 2 (1 point) A family is looking to buy a home in an established community. Which factor would have the least impact on their decision of which house to buy? O)Location of medical facilities ()Location of major shopping centers Travel times to work Location of firehouses Quality of the schools Question 3 [1 point) Which statement is TRUE about the reasons for needing a marketing plan? MLS is the primary vehicle for promoting a project, no other action is required to promote a new project The goal of a marketing plan is to minimize the risk of building a project for an area that is over supplied with product A builder's reputation can establish interest by prospective buyers in new development. The mere the completion of a project is enough to attract Interested buyers. Posting a sign In the front yard should generate sufficient interest to make a sale. Question 4 (1 point) Which municipal policy will have a positive impact on future housing supply? Reducing development fees ()Passing a law barring illegal basement suites ) Decreasing the FAR for multi family housing Reducing the tax abatements for the contruction of affordable housing O Applying more stringent rent control measures