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Residential real estate is an area developed for people to live on. As defined by local zoning ordinances, residential real estate cannot be used for commercial or industrial purposes. The most common type of real estate, however, is residential real estate, which is used for housing. Single family homes, apartments, condos and so forth. As your designated residential real estate specialist, we can help with buying, selling and leasing.
Commercial real estate (CRE) is property used exclusively for business-related purposes or to provide a work space rather than a living space, which would instead constitute residential real estate. Most often, commercial real estate is leased to tenants to conduct income-generating activities. This broad category of real estate can include everything from a single storefront to a huge shopping center.
Buying a new construction home can mean anything from choosing a house that is already completed and ready to buy in a brand-new subdivision, to designing a custom-built house on an empty lot you’ve already purchased.