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Real Estate Glossary

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Glossary of real estate terms

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Absorption rate	A rate that is a forecast of how quickly properties can be sold or leased in a given area. For example, if a developer can lease 20\% of the units available to the market in a given area for a given time, the absorption rate is 20 percent.

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Historic farmhouse with 5+ acres make this property most desirable. Restoration of this home could be rewarding! City sewer is in the street for convenient hookup! BTVA, Great development Potential.

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