| Term | Definition |
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| Radon | A ground-generated radioactive gas that seeps into some homes through sump pumps, cracks in the foundation and other inlets. A leading cause of lung cancer , radon is found in mostly the northern half of the country.
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| Rafter | Rafters form the slope of a pitched roof and are analogous to floor joists.
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| Rammed-earth construction | An alternative building process in which dirt is compacted into large structural frames to create walls.
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| Ranch style | Modern ranch-style homes, popularized in the 1950s, were championed by such architectural giants as Frank Lloyd Wright.
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| Rate lock | When interest rates are volatile, many borrowers want to "lock in" an interest rate and many lenders will oblige, setting a limit on the amount of time the guaranteed interest rate is in effect.
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| Rate-improvement mortgage | A loan with a clause that entitles a borrower to a one-time cut in the interest rate without going through refinancing.
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| Real estate | Land and anything permanently affixed to it, including buildings, fences and other items attached to the structure.
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| Real estate agent | A real estate agent has a state license to represent a buyer or a seller in a real estate transaction in exchange for a commission. Most agents work for real estate brokers.
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| Real estate attorney | Lawyers who specialize in real estate transactions.
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| Real estate broker | A real estate agent who is licensed by the state to represent a buyer or seller in a real estate transaction in exchange for a commission. Most brokers also have agents working for them, and are entitled to a portion of their commissions.
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