Real estate is land plus any property or resources on it. For millions of people, real estate — in the shape of the homes — is the largest investment they'll ever make, and the single most valuable asset they'll ever own. The real estate market may have profound impacts on the economy of a nation in general, an undeniable fact most demonstrated during the housing market crash of 2007, which triggered the Great Recession (2008-09). What Is Real Estate? This is of real estate may be the transactional sale or acquisition of real property, which not just includes the land itself but everything permanently attached with the land. This includes natural resources and improvements on the land like houses. Furthermore, improvements on the property can include new or old structures, so long as the property is dependant on a piece of land. Real estate may be used for numerous purposes, from providing individuals with a location to live, to using raw land to farm, to renting a commercial p