Suburban


Definition of "Suburban"

Description of an area that is located at the outskirts of a city composed primarily of residential units. The city frequently provides employment, cultural activities, and other support services for the suburban commuters.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Gain

Excess of money or fair value of property received on sale or exchange over the carrying value of ...

Inventory

A detailed list of property. The goods of a business, such as houses by a builder. ...

Vacancy Rate

Percentage of rental property that is unoccupied. For example, a vacancy rate of 25% means that 25 ...

Gross Line

Total limit on the amount of coverage an insurer will underwrite on an individual risk. The amount u ...

Section 1035 Exchange

Section of the Internal Revenue Code that provides for the taking of the proceeds from one life insu ...

Mortgage Lender

The party advancing money to a borrower at the closing table in exchange for a note evidencing the ...

Related Real Estate FAQ

What Is A Multiple Listing Service (MLS)?

A multiple listing service is a computerized listing of the homes for sale in an area listed with a ...

What Is A Credit Report?

A credit report is a report of all your debt information compiled by an independent agency. The cred ...

What Is A Counteroffer?

A counteroffer is an offer made by one party that makes changes to the original or latest offer of t ...

Why Do People Refinance?

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to t ...

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obli ...

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 ...

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

Agents join here
Add our widget on your Website

Real Estate Advice

How to become a real estate agent 3 tips to ensure your sale goes through How is Square Footage Determined? How To Sell Your Home 6 Reasons you are not selling properties

FAQ

Should I Consolidate My Debt? What is a balloon mortgage? What Will My ARM Loan Payment Be ? What is the Tax Benefits of Buying a Home? What do I need to know about Managed Care Insurance: HMO, PPO, & and POS plans?