Real Estate Glossary
Real Estate Glossary | |
| Use this real estate glossary to research terms you might run across in a real estate transaction.
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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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