Residential Real Estate
Residential Real Estate includes both new construction and resale homes. The most common category is single-family homes. There are also condominiums, co-ops, townhouses, duplexes, triple-deckers, quadplexes, high-value homes & vacation homes.
Commercial Real Estate
Commercial Real Estate includes shopping centres, malls, medical & educational buildings, hotels & offices. Apartment buildings are often considered commercial, even though they are used for residences. That's because they are owned to produce income.
Industrial Real Estate
Industrial real estate includes manufacturing buildings & property, as well as warehouses. The buildings can be used for research, production, storage and distribution of goods. Some buildings that distribute goods are considered commercial real estate. The classification is important because the zoning, construction and sales are handled differently.
Land
Land includes all kind of lands & fields, farms & ranches. The subcategories within vacant land include undeveloped, early development or reuse, subdivision and site assembly.