Real estate refers to the buying, selling, and ownership of land and buildings. It can include residential, commercial, and industrial properties. Real estate transactions are governed by laws and regulations at the local, state, and national level. The real estate market can be volatile, with prices fluctuating based on a variety of factors such as location, demand, and economic conditions. Those looking to enter the real estate market may choose to work with a real estate agent or broker to help navigate the process of buying or selling a property. In addition to buying and selling properties, some people also invest in real estate through ownership of rental properties or by flipping houses.