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PLEASE ANSWER BOTH Lowering mortgage loan interest rates usually Increases the supply of single-unit residences in the shot run Decreases the demand for apartment rental

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Lowering mortgage loan interest rates usually Increases the supply of single-unit residences in the shot run Decreases the demand for apartment rental units incresses the demand for nfpowtment rental unts QUESTION 21 Market Analysis is irnporiant in appraisals because if Is needed for future forecast of income and and vacancy in theincome capitaliaation approach Is neoded for market conditions adjustments in the sales comparison approach All of the above Is needed in the selection of comparable sales to ensure that they reflect the same market conditions

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