Real estate encompasses land and any permanent structures attached to it, including homes, apartments, commercial buildings, and natural resources. It's a significant asset class, playing a crucial role in personal wealth building and economic development. Transactions in real estate involve buying, selling, leasing, and managing properties, and are often facilitated by real estate agents, brokers, and property managers. The value of real estate is influenced by various factors, such as location, market conditions, interest rates, and economic trends, making it a dynamic and potentially rewarding investment.
