A niche is specialized sector of the property market. Examples include income property, garden real estate, condos, equestrian property, vacation property, farm property, golf property, waterfront homes, beach houses and luxury homes. These are often categories in which potential buyers think about the property they seek. They are also used by real estate marketing companies to reach these types of buyer. In this context a niche describes a specific segment of home buyers and sellers, classified by ethnicity, nationality or socio-economic group (e.g. social housing or luxury real estate).
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Famous quotes containing the words niche, real and/or estate:
“They sat together halfway up a cliff
In a small niche let into it, the girl
Brightly, as if a star played on the place,
Paul darkly, like her shadow.”
—Robert Frost (1874–1963)
“I am from time to time congratulating myself on my general want of success as a lecturer; apparent want of success, but is it not a real triumph? I do my work clean as I go along, and they will not be likely to want me anywhere again. So there is no danger of my repeating myself, and getting to a barrel of sermons, which you must upset, and begin again with.”
—Henry David Thoreau (1817–1862)
“Wilt thou have this Woman to thy wedded wife, to live together after God’s ordinance in the holy estate of Matrimony? Wilt thou love her, comfort her, honour, and keep her in sickness and in health; and, forsaking all other, keep thee only unto her, so long as ye both shall live?”
—Book Of Common Prayer, The. Solemnization of Matrimony, “Betrothal,” (1662)