Market Segmentation

Definition of "Market segmentation"

Process of defining submarkets within an overall market. Market segmentation is the process of defining the suitability of a submarket for a specific property. For example, a new home development with one-acre plots would appeal to families earning over $100,000 per year.

Search Real Estate Glossary

Related Real Estate Glossary terms

RESPA

The Real Estate Settlement Procedures Act, a federal consumer protection statute first enacted in 1 ...

Elevation Map

Representation on a flat surface of any region that depicts the elevation of that region. ...

Investment Risk

Possibility of a reduction in value of an insurance instrument resulting from a decrease in the valu ...

Financial Markets

Same as term financial institutions and markets: Institutions acting as intermediaries between supp ...

Yearly Price Of Protection Method

Actuarial procedure used to determine the cost of protection of a cash value life insurance policy o ...

Net Single Premium

Pure cost of protection, or the premium covering the present value of future claims (not including l ...

Related Real Estate FAQ

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Are Closing Costs?

Closing costs are expenses incurred by buyers and sellers in transferring ownership of a property. ...

Should I Consolidate My Debt?

Discover your potential monthly savings by combining your bills into a single source. Eliminate high ...

What Is A Mortgage Broker?

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

What Is A Point?

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

Do I Need Flood Insurance?

Over 90% of all presidential-declared disasters in the United States are flood related. Leveling for ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

What is Earnest Money 10 Tips for Homebuyers How To Get A Loan with Bad Credit How To Choose A Realtor Top Five Reasons Your Home Offer was Rejected

FAQ

What is a seller takeback? What is a subdivision? What is escrow? What if they no longer make my specific computer? What is an inspection?