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Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business ...
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.
The annual price of single-family homes in the luxury real estate market grew by 7.6%, compared with 3% in the traditional real estate market, the report says. Similarly, the prices of luxury ...
Life estate: An estate lasting for the natural life of the grantee, called a "life tenant". If a life estate can be sold, a sale does not change its duration, which is limited by the natural life of the original grantee. A life estate per autre vie is held by one person for the natural life of another person.
Indeed, not every million-dollar home in L.A. could even really be considered a “mansion,” which, according to an informal definition from Smith & Associates Real Estate, includes at least ...
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [1] into which S&P has categorized all major public companies.
An executive home is a marketing euphemism for a moderately large and well-appointed house. Executive homes are usually constructed among homes of very similar size and type by a subdivider on speculation; they are generally built en-masse by development companies to be marketed as premium real estate. Executive homes can differ from traditional mansions mostly i
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.