Market Moves: Understanding Real Estate Trends & Strategies

Real estate refers to property consisting of land and any permanent structures on it, such as houses, buildings, or natural resources. It is a tangible asset that can be bought, sold, leased, or developed. Real estate is categorized into:

1. Residential: Homes, apartments, condos.


2. Commercial: Offices, retail spaces, hotels.


3. Industrial: Factories, warehouses.


4. Land: Undeveloped or agricultural plots.


5. Special Purpose: Schools, churches, government buildings.

Real estate is a key driver of economic growth, providing housing, business spaces, and investment opportunities. Its value is influenced by location, supply and demand, and economic conditions. Professionals like agents, brokers, and developers facilitate transactions, making it a vital sector for individuals, businesses, and communities.