A historical supply and demand analysis is
A)not relevant because the appraiser only worries about future events.
B)a good starting point in order to make projections.
C)all an appraiser needs to make effective projections.
D)usually too time-consuming to include in the appraisal.

Question

Quizplus · Accepted Answer

A historical supply and demand analysis provides valuable insights into the current market conditions and helps the appraiser to make informed projections about the future. While it may not be the only factor considered, it is a crucial starting point in the appraisal process.

A Historical Supply and Demand Analysis Is