The average vacancy rate for a rental property market that would result if supply and demand were in balance. This level to which vacancy rates adjust over the long term is a benchmark by which current vacancy rates in the market are considered high or low.
Natural ventilation
Circulation of air without the assistance of a fan or other mechanical device. Naturalization Act of receiving the rights and privileges of a citizen including property rights.
Naturalize
To plant randomly, without a pattern. The idea is to create the effect that the plants grew in that space without man's help, such as you would find wild flowers growing.
Neat cement
Portland cement mixed with water to a desired creamy consistency.
Needle
(1) A temporary beam used to support a section of masonry while lower sections are repaired or replaced. (2) A narrow pointed metal rod used in sewing.
Needle bearings
Needle bearings are slender, cylindrical rollers that create a line contact between the races. This allows them to carry a greater radial load than ball type bearings.
Needle file
A small metal file used when working on locks, timepieces, or other precision instruments.
Needle valve
A valve, used in HVAC systems, with a stem that tapers to a point.
Needle-nose pliers
Pliers with a tapered end that comes to a point.
Needs-based pricing
Asking price based on the amount of funds required to pay off the seller's mortgage, the cost of remodeling or the purchase of another house.
