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Last month, the real estate market witnessed 6,651 transactions worth $4.98 billion – the highest figures for May in 13 years. Blockchain has staked its claim on real estate, with one of the first NFT home sales reaching completion. More than three-quarters of companies are focused on investing in quality office spaces, and 73% of companies are adopting collaborative open concepts and eschewing dedicated desks.

Income from REITs is earned through dividend payments and appreciation of the shares. In addition to individual REITs, investors can trade in real estate mutual funds and real estate exchange-traded funds . A real estate agent is a licensed professional who arranges real estate transactions, matching buyers and sellers and acting as their representatives in negotiations. Indirect investment in real estate can be made via REITs or through pooled real estate investment. There are five main categories of real estate which include residential, commercial, industrial, raw land, and special use. Now that we’ve outlined the four main categories, let’s explore some specific examples of different types of real property.

• REALTOR® Tamara House lost her eldest son, but she used his life goal to rally a community around children with special needs.
• Terraced house (a.k.a. townhouse or rowhouse) – A number of single or multi-unit buildings in a continuous row with shared walls and no intervening space.
• Services for the operation and maintenance of buildings and outleasing programs.
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• Lenders can include banks, credit unions, private lenders, and government institutions.

Designations & CertificationsAcknowledging experience and expertise in various real estate specialties, awarded by NAR and its affiliates. REALTOR® PartyA powerful alliance working to protect and promote homeownership and property investment. State & Metro Area DataAffordability, economic, and buyer & seller profile data for areas in which you live and work. Commentary from NAR experts on technology, staging, placemaking, and real estate trends. Acknowledging experience and expertise in various real estate specialties, awarded by NAR and its affiliates. NAR and its affiliated Institutes, Societies, and Councils offer a wide selection of real estate training options.

Start your search with an expert local agent—there’s no pressure or obligation. A grant deed, also known as a special warranty deed, is a legal document used to transfer ownership of real property. Real estate is commonly purchased with cash or financed with a mortgage through a private or commercial lender.

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Stay on top of real estate trends written by economists and property experts. For the homeowners, who spent about $3.9 million buying and transforming the property, the beauty is in the views. REALTORS® Eric and Janet Baucom provide kids in foster care with a sense of freedom, personal control, and fun. What started as the pair assembling and donating 10 bikes in their garage has turned into Project Bicycle Love, a 501 working with foster parents, social workers, school counselors, and others. In total, they’ve donated more than 350 bikes and helmets to provide kids in foster care an important part of the childhood experience.

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It’s shaping up to be a battle of data versus perception to determine whether we actually are in a buyer’s market. This small Middlesex County city, once a neglected industrial area, is reinventing itself with new development and a ferry to Manhattan in the works. An empty apartment is vulnerable to serious maintenance problems that can affect the entire building.

Christie’s International Real Estate News has successfully marketed high-value real estate around the world for more than 30 years. Through its New York City brokerage and invitation-only Affiliate network spanning 48 countries, Christie’s International Real Estate offers incomparable services to a global clientele at the luxury end of the residential property market. Investing in real estate indirectly is done through a real estate investment trust , a company that holds a portfolio of income-producing real estate. There are several types of REITs, including equity, mortgage, and hybrid REITs, and are classified based on how their shares are bought and sold, such as publicly-traded REITs, public non-traded REITs, and private REITs.

In the northwest Indian state, the post-pandemic recovery has been halting and uneven, with sales increases in some cities and decreases in others. Housing starts are a key economic indicator as a monthly measure of new residential construction. If you think you’ve been discriminated against based on race, religion, sex, marital status, use of public assistance, national origin, disability, or age, there are steps you can take.

Real estate wholesalers generally find and contract distressed properties but don’t do any renovations or additions. In markets where land and building prices are rising, real estate is often purchased as an investment, whether or not the owner intends to use the property. Sometimes, particularly when it comes to high-end real estate, you need a website entirely dedicated to selling a single property. You’ll find themes that are ideal for presenting just one home or building in its best possible light.