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:
“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)
“The Troubles are a pigmentation in our lives here, a constant irritation that detracts from real life. But life has to do with something else as well, and it’s the other things which are the more permanent and real.”
—Brian Friel (b. 1929)
“Not a flock of wild geese cackles over our town, but it to some extent unsettles the value of real estate here, and, if I were a broker, I should probably take that disturbance into account.”
—Henry David Thoreau (1817–1862)