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“There’s a certain group of people that love doing the rehabs, but there’s also people who want to move into something brand new,” the mayor said.
A lot without such structures can be called a vacant lot, urban prairie, spare ground, an empty lot, or an unimproved or undeveloped lot. Many developers divide a large tract of land into lots as a subdivision .
Governor Larry Hogan demolishing vacant buildings in Sandtown-Winchester, 2018. In January 2016, Governor Larry Hogan announced Project C.O.R.E. (Creating Opportunities for Renewal and Enterprise), a $700 million plan to tear down and replace thousands of vacant buildings in Baltimore with new developments, pledging $94 million over four years to demolish 4,000 vacant properties citywide and ...
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.
There may not be a lot of homes for sale these days, but there is a lot of housing space sitting empty. Reuters 27 days ago US single-family housing starts surge; permits up slightly.
Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics.
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