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Real Estate Market In America

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By Author: jerri rose
Total Articles: 52
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Real estate business is like a shinning star in the market of America. Real estate consists of two words “real” and “estate”. The word real used in this term is a Latin word meaning relating to some object. The basic purpose of using this word in this term was to differentiate immovable and movable property. Personal property was used to define personal belongings at that time. Personal property was a vague word because it includes movable and immovable property and was used for both of them at the same time. To eliminate this confusion the word “real estate” was derived so that immovable property can be separated from movable property.Later on this term became so popular that even United States of America used it in their Real Estate Law.

Generally real estate is taken in sense of buildings and houses but that’s not all. Real Estate includes building, land, crops, minerals and water found on that land. Real estate has now become one of the most profitable businesses of America. In this business people buy and sell different properties. The action of renting a land also comes under the category of real ...
... estate and people in large number are involved in this activity every year. The term “real estate” is now used universally to describe immovable property and is frequently used in the countries of America, Australia, and The Great Britain and in Canada. The worth of a property is calculated by paying a visit to the location. If the location of the property is very good then the rates of the property will be higher and if the location is not good enough then its rates will be much lower. In the same way the category of property also matters a lot. There are number of categories in which these properties are bought and sold. Lists of these properties are given below:
• apartment
• terraced house
• cooperative
• duplex
• houseboats
• condominium
• mobile homes


These are the type of houses which are very famous in Europe and united sates of America. Apartments are mostly located in large apartment buildings. The doors of the apartments are of lockable nature so that burglars can be kept out of the perimeters. The value of the real estate also depends upon the facilities provided to the buyer. if the house or building is centrally air conditioned and also have a central heating system along then it value will be higher then the one which does not have such facilities. Burglars alarm and fire alarm are also considered very important by customers. Fire and burglar alarms are the top priority of families. The real estate market is a very tough and hard profession. There are number of people in the market who deals in real estate business. These people have opened real estate agencies and help people in finding right type of building for them within their specified budget.

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