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Real Estate Glossary

Geographic Submarket

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Written by Luis Escobar

This is the total amount of housing units or households within a defined area as determined by their income, tenure, and other socio-economic attributes that are calculated to be within a specific geographic division or unit.

This is the total amount of housing units or households within a defined area as determined by their income, tenure, and other socio-economic attributes that are calculated to be within a specific geographic division or unit.

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Luis Escobar

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