Definition of "Homogenous"

Rici Birmingham real estate agent

Written by

Rici Birminghamelite badge icon

Texas Home Group Realtors

Descriptive of the architectural development of property in a certain area. For example, a housing subdivision may use very similar building architecture throughout the development. All the homes are colonials of a certain style. Homogenous development increases the value of the homes in the area as compared to heterogenous.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Evaluating a locality to determine its value and appropriateness for designated objectives. ...

Income for investors arising from net long-term profits of a real estate mutual fund realized when the portfolio is sold at a gain. Fund managers pass on profits from sales of real estate ...

(1) Any asset purchased for use in production over long periods of time rather than for resale. It includes land, buildings, plant, and timber reserves. (2) In taxation, property held by a ...

Recording an expenditure having a benefit of more than one year to the cost of the property. ...

Legally proper instrument under seal that transfers title to real property from the seller to buyer. ...

A floor where the binding joists support the common joists above and the ceiling below. ...

Bond whose interest is free of federal, state, or local tax in the state of the issuer. It is typically a municipal bond of estate or county agency. For example, a New York City resident ...

A court order on an issue directly related to the immediate action. ...

An upper limit on the interest rate that can be charged in a variable rate mortgage over its life. For example, a variable rate loan is initially offered at 7% loan rate, and its interest ...

Popular Real Estate Questions