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Mar's Articles in Real Estate Show All|Display Category|Title|Newest|Oldest Real Estate Real estate The Housing Bubble The United States housing bubble refers to the economic bubble in real estate in the United States. This follows the stock market bubble in the 1990s which was called, among other things, the dot-com bubble. A real estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets. Real Estate Pricing There are two major ways in which home prices are recorded: median and mean (average). Prices are also calculated by square foot, using both the mean and median price. Real estate prices have had a profound impact on urban, as well as the suburban and rural landscape. Real Estate Appraisal A real estate appraisal is a service performed, by an appraiser, that develops an opinion of value based upon the highest and best use of real property. The highest and best use is that use which produces the highest possible value for the property. This use must be profitable and probable. Also of importance is the definition of the type of value being developed and this must be included in the appraisal, ie fair market value, condemnation value, quick sale value, etc. Real Estate Economics Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of real estate prices, building production, and real estate consumption. The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets. Both draw on partial equilibrium analysis (supply and demand), urban economics, spatial economics, and finance. Real Estate Multiple Listing Services Multiple Listing Service (MLS) (also Multiple Listing System or Multiple Listings Service) is a database that allows a broker representing a seller to share information about the property for sale widely with brokers representing potential buyers. Real Estate Investment Trusts A Real Estate Investment Trust or REIT (rhymes with treat) is a tax designation for a corporation investing in real estate that reduces or eliminates corporate income taxes. The REIT structure was designed to provide a similar structure for investment in real estate as mutual funds provide for investment in stocks. Homeowners Association A Homeowners association is an organization comprised of all owners of units in the development. The vast majority of them are incorporated and are therefore governed by a board, which is a private government. Single Family Homes A single-family home (known as a detatched house in the UK) is a free-standing residential building, generally found in less dense urban areas, the suburbs of cities, the exurban region, and rural areas. Most single-family homes are built on lots larger than the structure itself, adding an area surrounding the house, which is commonly called a yard in American English or a garden in the British variety. Townhouses Historically in the United Kingdom, Ireland and in some other countries, a townhouse (or a "house in town") was a residence of a peer or member of the aristocracy in the capital or major city. Most such figures owned one or more country houses in which they lived for much of the year. However during the Social Season (when major balls and drawing rooms took place), and when parliament was in session, peers and the servants moved to live in their townhouse in the capital. Condominiums A condominium, or condo for short, is a form of housing tenure. It is the legal term used in the USA and in most provinces of Canada for a type of joint ownership of real property in which portions of the property are commonly owned and other portions are individually owned. In Australia and the Canadian province of British Columbia, the legal term for this is known as strata title. Country Houses A country house is a large dwelling, such as a mansion, located on a country estate. Log Cabins A log cabin is a small house built from logs. It is a fairly simple type of log house, and was established both in rural areas and in cities in timber-rich regions, particularly in early United States and Canada. Some very old buildings in the American Midwest are actually log structures covered with clapboards or other materials. Many original log cabins still exist, although very few were originally intended to have exposed logs.	Authors Sign Up for a free account. Submit your articles. Publishers Category RSS feeds. Resources Accredited Home Schools Article Directory More Resources

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