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some commentators began to say that the "housing bubble" was collapsing
'''Real estate''', also known as "[[real property]]," consists of land and fixtures on land, such as houses.
'''Real estate''', also known as "[[real property]]," consists of land and fixtures on land, such as houses.
In 2007 and 2008, some commentators began to say that the "[[housing bubble]]" was collapsing,<ref> [http://www.iht.com/articles/2008/04/13/business/housing.php U.S. housing collapse spreads overseas] </ref> a reference to the slight lowering of prices which resulted when demand for new houses and apartments dropped off.
==Notes==
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[[category:legal terms]]
[[category:legal terms]]