Those who are looking for real estate in the USA, are faced with numerous situations, and unknown terms that end up bringing more doubts than solutions. For this reason, we will explain What kind of housing do most Americans live in?
Land
Land commonly refers to undeveloped property and vacant land.
Residential
Residential Real Estate Market contains housing for individuals, families, or groups of people. Within residential, there are townhouses, single-family houses, condominiums, apartments, and other types of living arrangements.
Commercial
Commercial property include office buildings, hotels, shopping malls, individual stores, parking lots, and medical centers.
Industrial
used for industrial businesses for activities like research and development, factories, construction, mechanical productions, logistics, warehousing, and transportation.
Types of Real Estate
They are the famous Seasonal Houses. That is, properties purchased for investment, but which are also used as a vacation home when the owner travels to the United States.
In this way, it is common for people to buy a Vacation Home in Orlando and rent it when they are not using the property.
These properties are equivalent to the traditional houses of Colombia. In short, they are those typical American houses, spacious, that usually have a garage and that offer more privacy. Usually found in closed condominiums or open neighborhoods.
They are known in Colombia as semi-detached houses. Quite common in Orlando, ideal properties for those looking for a structure closer to a house, with a garage and more space, but with a more accessible value.
Properties that most closely resemble the apartments in Colombia, are characterized precisely by being located in buildings with several units, under the title of individual owners, and can be bought and sold by investors or residents.
The Apartment Complexes in Orlando are properties of a company that manages the units, intended exclusively for leasing.