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 and/or real:
“You’re neither unnatural, nor abominable, nor mad; you’re as much a part of what people call nature as anyone else; only you’re unexplained as yet—you’ve not got your niche in creation.”
—Radclyffe Hall (1883–1943)
“A real man doesn’t have to run from his mother, and may even have to face the reality that no great deed is going to be great enough for him to ransom himself completely, and he may always be in his mother’s debt. If he understands that . . . he won’t have to feel guilty, and he won’t have to please her completely. He can go ahead and be nice to her and let her be part of his life.”
—Frank Pittman (20th century)