Write an organized, complete, and technically correct essay to answer the following 2 questions.
Describe what the yield curve is, what it means, and why it is important to us as real estate professionals. Be sure to identify and explain the 4 types of curves and what they indicate about the economy.
Length suggestion: Minimum 1.5 Pages.
Identify the phases of the real estate cycle and fully describe each. At a minimum, you should include a discussion of supply and demand for each phase, and the indication of transition between each phase.
Length Suggestion: Minimum 1.5 Pages.