Real Estate is land can be grouped into three broad categories based on its use: residential, commercial and industrial.
Examples of residential real estate include undeveloped land, houses, apartments and town houses; examples of commercial real estate are office buildings, warehouses and retail store buildings; and examples of industrial real estate are factories, mines and farms.
Home ownership, also known as owner-occupancy, is the most common type of real estate investment
Investment Real Estate
Unlike other investments, real estate is dramatically affected by the condition of the immediate area where the property is located, hence the well-known real-estate maxim, “location, location, location.” With the exception of a national or global recession, real estate values are affected primarily by local factors such as the availability of jobs, crime rates, school quality and property taxes