This text is written for the first undergraduate course in real estate often title Principles of Real Estate. It is suitable for an introductory course in graduate real estate programs as well. This text is intended for majors and non-majors alike. This text is written for those seeking a clear presentation of the numerous investment decisions involved in real estate such as whether and how to lease,buy,sell,or mortgage a property; how to analyze and predict the forces in the market that determine real estate values; whether and when to renovate,rehabilitate,or demolish; and when and how to divest a property.