Dictionary of Business Terms: homogeneous
homogeneous
having the same composition or form; organization that produces or sells products having great similarities, often using the same components. Homogeneous products reduce organizational development and manufacturing costs.
Dictionary of Real Estate Terms: homogeneous
homogeneous
uniform, of like characteristics or quality. Opposite of heterogeneous. The values of an area tend to be maximized when properties are homogeneous, because low-valued or unusual properties are likely to reduce the value of other nearby properties of higher cost.
Example: The houses in the neighborhood were homogeneous, all single-family, one-story buildings with brick exteriors. They were readily marketable with asking and selling prices in a tight range.
