Real estate located outside major metropolitan areas constitutes a significant portion of the market. For example, this can include residential homes, commercial buildings, agricultural land, and industrial sites in smaller towns, rural communities, or suburban areas further removed from city centers. These areas often possess unique characteristics, influenced by local economies, demographics, and environmental factors.
Investing in less densely populated locales often presents opportunities for greater affordability and higher returns compared to metropolitan markets. Historically, these areas have demonstrated different growth patterns and resilience to economic downturns. Furthermore, they can play a vital role in supporting local communities and fostering regional economic development by attracting businesses, creating jobs, and preserving natural landscapes.