Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Market Area
Fannie Mae
Updated 10-31-2026
Market Area
The geographic region, for a subject property, from which most demand comes and in which most of the competition is located. market data approach See sales comparison approach to value.
Fannie Mae Glossary of Terms
Fannie Mae · pp. 28–29
FreddieMac
Updated 10-31-2026
Market Area
The geographic region, for a subject property, from which most demand comes and in which most of the competition is located.
FreddieMac Glossary
FreddieMac · p. 26
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