National Association Of REALTORS® (NAR)

Rule of thumb approach used to determine how long it takes to double an investment in real estate. Under this approach, dividing the number 72 by the fixed rate of return equals the ...

Geographic location external to populated cities. It usually has a low population and may be a small town with farms. ...

Property to be used by a retail business in the sale of merchandise or rendering of services. An example of retail property is a store. ...

Cost of the standard unit of area that is used to measure a parcel of real estate. Commercial property rentals are generally quoted on the basis of square foot cists. For example, a ...

Occurring two times per year; also called semiannual. On the other hand, biennial means occurring each two years. ...

Personal income minus personal income tax payments and other government deductions. It is the personal income available for people to spend or save; also called take-home pay. It may be a ...

Tax levied on real property. It is based on the land use categorization nature of improvements, fair market value, and the millage rate. Property taxes may be assessed by states, cities, ...

Same as term time sharing: Segregation of ownership in real estate property over a stated time period. An example is a co-owned vacation apartment, used by co-owners for one month each. ...

Not only can one convert a warehouse into a home, but many people have been doing just that. Converting a warehouse into a loft living space is actually kind of a trend which started ...

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

Are you worried about the constant speeding on your street and neighborhood and you wish to do something to stop it? Traffic calming is the name given to measure that seek to give an order ...

A very common real estate question is:Do Tiny Houses depreciate?Short answer is: yes, tiny houses do depreciate. But let’s explain the “why”s so we get to the bottom of ...

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any costs incurred in selling the home. If ...

Bentonville is situated in the center of one of the fastest growing areas in the United States. Driven by the presence of some of the largest retail companies in the US, business is booming ...

America is the land of endless possibilities. Both the East and the West Coast have developed rapidly, nourished by the many newcomers who disembarked and settled near the ports of entry. ...

Conceived in 1944, the VA loan program is one of the oldest facilities offered to veterans and service members. This type of loan is guaranteed by the United States Department of Veterans ...