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Real Estate Real estate deals with the buying and selling of property and buildings, be it for agricultural, commercial, residential, or governmental use. Though the worldwide real estate market suffered significant declines in 2006-2010, the majority of the world's wealth is still tied to real estate. With an estimated $25 trillion USD in real estate property value alone in the United States, there is significant value inherently tied to it that other tangible investments lack, such as certain commodities.The U.S. Government initiated a number of programs to slow the decline of housing prices in the U.S., including a first-time homebuyer tax credit and the treasury buying $1.25 trillion USD in mortgage-backed securities (MBS). Once the program was completed in March, 2010, mortgage rates were predicted to rise in response.
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