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Racial steering refers to the practice in which real estate brokers guide prospective home buyers towards or away from certain neighborhoods based on their race. The term is used in the context of de facto residential segregation in the United States, and is often divided into two broad classes of conduct:
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Blockbusting was a business practice in the United States in which real estate agents and building developers convinced residents in a particular area to sell their property at below-market prices.
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
One of the primary adverse effects of racial stereotyping in marketing is offending the population alluded to in an advertisement. Researcher Srividya Ramasubramanian discusses how stereotypes become harmful, explaining that there are two stages in the stereotyping process, where activation is more automatic and application is more deliberate.
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Race walking is an Olympic athletics (track and field) event with distances of 20 kilometres for both men and women and 50 kilometres for men only. Race walking first appeared in the modern Olympics in 1904 in the form of a half-mile (804.672m) walk in the all-round competition, the precursor to the 10-event decathlon. In 1908, stand-alone 1 ...
For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.