Real Estate Bubble: This is a market situation where prices increase as a result of an increase in demand or speculation in the market. Buyers or speculators invest more money in the market, thus increasing the prices even more. But suddenly, demand stops increasing or decreasing, and then the bubble pops. The bubble is simply a temporary overpricing in the real estate market that is set to drop after some time.

Real Estate Law: This is the legal backing that the entire process of real estate investment (buying and selling) entails. As real estate majorly involves a change of ownership of a property as long as trade takes place, there is a need to ensure that the entire process is secure and foolproof. This is because ownership of properties is one of the leading causes of lawsuits in Nigeria. This would not have been so if the legal framework was thoroughly accessed and certified.

Property Valuation: This is the process of determining the worth of a property, with a focus on all factors that surround that property. These factors could include location, security, and condition. This demonstrates that even if there might be a market trend in prices, the uniqueness of a property on the basis of the earlier mentioned factors makes each property different in the valuation process. Other factors that could influence the value of a property include demand, scarcity, and utility satisfaction.

Property Insurance: This is a form of protection for the property owner from loss in a case where the property is exposed to any form of damage or loss. Property insurance gives the owners of the property a sense of security in a case where unforeseen circumstances might affect the state of the property partially or entirely or reduce the entire value of the property. It is very much advisable that, through a trustworthy insurance company, property owners look into insuring their properties (just in case).

Residential Real Estate: This form of property is developed for residential purposes. They usually include apartments, condos, hostels, etc. Buyers could invest in this form of real estate to live on the property or to rent it out to people willing to live on it and pay a certain amount intermittently.

Commercial Real Estate: The properties found in this real estate are built for commercial purposes. There could be shops, complexes, or plazas built for people to use to trade products and services. These properties could also be rented out to interested individuals who desire the property for a period of time. It could also include industrial real estate, which could be developed in the form of factories and warehouses.

Mixed Real Estate: As much as the previously mentioned types of real estate have been clearly demarcated, there are exceptional cases where both features of these real estates may come together to form one form of real estate. Here, there is a combination of residential real estate, commercial real estate, and/or industrial real estate.