Week 2 - Title 1 Title Steven Hamilton, Lissette Laffitte,...

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Title 1   Title Steven Hamilton, Lissette Laffitte, Asif Miller , Dawn Smith, Tamika Williams July 4, 2010 MGT 307/ James Malachowski University of Phoenix
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Title 2   Abstract Buying a home is one of the largest investments one will make in their lifetime. Therefore, a person should know exactly what they are paying for. Location is one of the determining factors on whether a person purchases a home or not. Our hypothesis states that home prices fluctuate in depending on the square footage and the general distance from a major city. Purpose of the Research The purpose of research varies for each problem. The purpose of the research is to determine the degree of which home prices fluctuate in terms of square footage and the general distance from a major city. Homebuyers choose their homes based on a number of reasons. However, they want to get the best home they can that allows them to continue to maintain their lifestyles. Many experts agree that location is the most important factor to consider when buying a home. According to the article, Buying a Home: Choosing your Location by Amy Fontinelle, location is the first thing to consider before buying a home. She states, “Your home's location will help determine not only the future value of your investment, but also many aspects of your everyday life” (Fontinelle, 2010, para. 1). Our research will focus on the home prices and how they are affected by the square footage and their location. This research is important because homebuyers want to get the best deal for their money. The research results will give a clear picture of how location and square footage affects the final cost of their home. The research on this topic is important because it will show what option will be better to buy because homes are a huge investment. Defining the Problem
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Title 3   Home cost is one of the most expensive decisions a person will make in their lifetime. Research has not been defined to determine what the specific relation to square footage and distance from major cities will affect the market value of a property. The problems are as follows: What is the relation of home price to square footage of the property? What affect does distance from major metropolitan areas have on market value of residential homes? Our research
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This note was uploaded on 07/22/2011 for the course UOP 101 taught by Professor All during the Spring '11 term at University of Phoenix.

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Week 2 - Title 1 Title Steven Hamilton, Lissette Laffitte,...

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