Tuesday, December 17, 2024

Saturday, November 30, 2024

How Much Knowledge and Skills Do You Need to Prosper In Real Estate


Real Estate is often maligned for having a high barrier to entry. This complaint typically refers to the relatively larger amount of capital that it takes to traditionally purchase a property when compared to other types of investments. It is undeniable that a fifteen to twenty-five percent downpayment can be a substantial amount of money. Especially when the median house price in the United State of America is $386,000, according to Redfin.com. Even considering the 3.5% downpayment requirement of an FHA mortgage, which cannot be used to purchase investment property, it is clearly much more costly to purchase a residential property than it is to purchase stock, bonds, or some other form of investment. The numbers are even greater for commercial property.

Friday, November 15, 2024

Seize the Opportunity: Making Your Move to a New State a Success

https://www.freepik.com/free-photo/financial-independent-woman-buying-new-house_30043162.htm

By Ted James

Relocating to a new state is more than just a change of scenery; it’s a chance to transform your life in exciting ways. Whether you’re seeking new career opportunities, a healthier lifestyle, or a vibrant cultural scene, moving can be the catalyst for positive change.

Evaluating Biking and Walking Infrastructure

When considering a move, it’s crucial to assess the infrastructure available for biking and walking, as these elements significantly impact your quality of life. Investigating the presence of bike lanes and pedestrian paths can reveal a lot about a community’s commitment to sustainable and active transportation. Cities that have made strides in creating low-stress environments for cyclists and pedestrians not only enhance safety but also promote healthier lifestyles and reduce traffic congestion.

Wednesday, October 30, 2024

Real Estate Blogs: The Lay of the Land

Normally we at TRET are content to remain in our corner of the real estate blogosphere, offering insightful content on all things real estate. The state of real estate blogging, however, has changed in the 13 years since this blog has begun and it is necessary to take a look at the types of real estate blogs that populate the Internet in 2024. There are a multitude of topics on which real estate blogs can focus, from commercial real estate, to real estate investment to lending and mortgage markets. There is also no shortage of target audiences for a real estate blogger, including real estate brokers, first time homebuyers, real estate technology users and even bankers. The variety of options available has made this subset of blogs significantly larger than when TRET first began.  For reasons of formatting and redundancy, this article will not merely be a list of reviews of other real estate blogs. There are a number of websites that already successfully provide extensive reviews of the real estate blogosphere like: The Close or Feed Spot, among others. Instead, the purpose of this article is to organize, categorize and put a face on the large and growing ecosystem of real estate blogs, in order to make this corner of the Internet a little less daunting.

Thursday, October 3, 2024

Propel Your Homeownership Dreams with Savvy Debt Management


By Sharon Wagner

Navigating the journey towards buying a home can be both exhilarating and challenging. Understanding and managing your debt effectively is a crucial step in transforming your homeownership dreams into reality, particularly if you're planning to buy a house in the next 6–12 months. Here, The Real Estate Think Tank presents essential strategies that will guide you in optimizing your financial health, making the process smoother and more attainable.