Real Estate

Real estate refers to property consisting of land and the buildings on it, as well as the natural resources found on or beneath the land, such as crops, minerals, and water. It encompasses various types of properties, including residential homes, commercial buildings, industrial sites, and undeveloped land. Real estate can be bought, sold, or rented, and its value is influenced by factors such as location, economic conditions, and market demand. The real estate industry includes various activities such as development, investment, management, and brokerage, played out by professionals like real estate agents, brokers, appraisers, and developers. Overall, real estate is a significant asset class that plays a crucial role in both personal wealth and the economy.