Residential Real Estate

Real estate deals generally are created between people who are legally related to one another, or investors who are purchasing a piece of property with the intent to rent it out to tenants. Real estate deals generally include properties like residential houses, apartment buildings, condominiums, townhouses, plots of land, etc. Real estate also includes other types of property like agricultural land, industrial lands, etc., which is not used commercially and is usually leased. The term real estate is loosely applied to cover any property or real possession which can be bought, rented, owned, leased, etc.

Real estate deals typically include land which is permanently attached to a building and which is used as a single family dwelling or as an apartment building. Permanent attached properties are those that have been acquired with the intent of being permanently attached to a building. These include buildings that are erecteded for business purposes and which are made to be fully utilized by the business owner; residential buildings which are constructed primarily for living purposes and which are used as residential properties; buildings which are designed chiefly for commercial purposes and that are used to houses businesses and other entities permanently associated with the business owners. Land that is leased is called real estate leased.

The real estate industry is a multi-trillion dollar industry in the United States, and is growing every year. With more Americans getting involved in the industry every day, there are an ever increasing number of residential real estate starts happening across the country. In the past few years, residential property sales have consistently seen increases of more than 10 percent annually, but this level of activity is expected to continue growing at this rate over the coming years, resulting in more residential property investments for investors. The residential property market is also seeing an increase of single-family homes being put on the market. There has been a large amount of residential property investing going on lately, and this level of activity will only continue to increase in the years to come.