Housing Types

Bungalow
A bungalow is an early-twentieth-century-style, one-story house that often features an open or enclosed front porch. It’s known for its simple, practical design, and is usually free-standing.
CO-OP
A 'CO-OP' (Cooperative) is a dual concept in real estate that can refer to a cooperative arrangement between agents for splitting commissions, or more commonly, a type of housing where residents own shares in a corporation that owns the property.
Conventional Home
A conventional home refers to a dwelling constructed on-site from the ground up as opposed to mobile homes or modular housing, which are typically prefabricated elsewhere.
Dwelling
A dwelling is any structure or place where people reside, such as apartments, hotels, mobile homes, nursing homes, and single-family houses.

Real Estate Lexicon

With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!

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