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)
“In the umbra, the tunnel, when the mind went wombtomb, then it was real thought and real living, living thought.”
—Samuel Beckett (1906–1989)
“I ‘gin to be aweary of the sun,
And wish th’ estate o’ the world were now undone.”
—William Shakespeare (1564–1616)