Low volume of real estate transactions and also referred to as a depressed market.
Wear and tear
Decline in the value of a property due to physical damage, old age or environmental factors.
Weather
To undergo degradation in quality and appearance which is caused by exposure to the sun, wind, rain, etc.
Weather barrier
The outer most assembly of the building envelope, used to protect the inner structure and insulation from the effects of wind and rain. Materials typically used are siding, building paper and flashing.
Weather stripping
Specially designed strips, seals and gaskets installed around doors and windows to limit air leakage.
Weatherhead
Rain-tight conduit fitting over the service entrance head, which is located where overhead electrical power enters a building.
Weathering
The effect of exposure to weather on paint films,.
Weatherization
Caulking and weatherstripping to reduce air infiltration and exfiltration into/out of a building.
Weatherproof electrical boxes
Electrical boxes which can operate even when directly exposed to the weather. A gasket under the cover plate seals against the possibility of moisture entering, with other entrances being threaded through connectors.
Weatherproof switch
Electrical switch which has a cover to protect it from moisture when it is used outside.