Residential Real Estate
This includes new construction and resale homes. The most
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Understanding Real Estate: A Beginner’s Guide
Real estate refers to property consisting of land and the buildings on it, as well as the natural resources of the land, including water, minerals, and crops. It also encompasses the business of buying, selling, or renting land, buildings, or housing.
Types of Real Estate
Real estate is commonly divided into four main categories:
- Residential Real Estate
- This includes new construction and resale homes. The most common type is single-family homes, but it also includes condominiums, townhouses, duplexes, and vacation homes.
- Commercial Real Estate
- Commercial property includes shopping centers, office buildings, hot
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