Real estate refers to property consisting of land and the buildings on it, along with any natural resources such as crops, minerals, or water. It encompasses various types of properties, including residential, commercial, industrial, and agricultural real estate. The term also applies to the legal and business aspects of buying, selling, and managing these properties. Real estate can involve transactions where property rights are transferred between parties and is typically associated with investment, development, and the rental market. The value of real estate is influenced by factors such as location, market demand, and economic conditions. It plays a significant role in the economy, providing housing, workspace, and opportunities for investment.
Mortgage Rate Trends for 2025 According to economist Michel Mouillart, there is promising news for homebuyers awaiting a decline in mortgage rates. He anticipates that the trend of decreasing mortgage…