Kristi High | What are the types of real estate
What is real estate Real estate refers to property consisting of land and any buildings, structures, or natural resources that are permanently attached or affixed to the land. It includes not only the physical property but also the rights associated with it, such as air rights, water rights, and mineral rights. According to Kristi High , Real estate can be used for a variety of purposes, including residential, commercial, industrial, and agricultural. Residential real estate includes properties used for housing, such as single-family homes, apartments, and condominiums. Commercial real estate includes properties used for business purposes, such as office buildings, retail stores, and hotels, according to Kristi High . Industrial real estate includes properties used for manufacturing and distribution, such as warehouses and factories. Agricultural real estate includes properties used for farming and ranching. Real estate is typically bought and sold through a process c...