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Home Categories Real Estate Investing A heat map is a graphical representation of data in two dimensions, using colors to show different factors. A remaining tenant is a tenant who continues to pay rent even after the lease expires. The landlord must also give consent, otherwise the eviction procedure may begin. A homeowners association is an organization that develops and enforces rules and regulations for a subdivision, planned community, or condominium building. A housing bubble is a persistent but temporary state of inflated prices and rampant speculation in the housing markets. The NAHB/Wells Fargo Housing Market Index is a widely used indicator of sentiment among US single-family home builders. The construction of new residential buildings is an indicator of new housing construction and is considered a key economic indicator. Form HUD-1, which lists all closing costs, is issued to all parties involved in reverse mortgages and mortgage refinance transactions. The income approach is a real estate valuation method that uses the income that real estate generates to estimate fair value. Income property is acquired or developed to generate income by renting it out or renting it out to others or by increasing its price. Investment property is acquired for the purpose of generating income from rental income, future resale of the property, or both.