Residential and Commercial Real Estate

Residential real estate refers to properties where people live, such as houses, apartments, and condominiums. It's primarily focused on providing shelter and living spaces. Commercial real estate, on the other hand, includes properties used for business purposes, such as offices, retail stores, and warehouses. In real estate planning and land use, these categories are essential for determining how land can be developed and used, ensuring that communities have the right mix of housing and business spaces to support economic growth and improve quality of life.