Inflation has been a reality for the past couple of years. As a result, many companies have decided to respond to the rise in prices and the weakening of the dollar by shrinking the size of their products without reducing their price. This practice has been given the name “Shrinkflation,” which is defined as “the practice of reducing a product's amount or volume per unit while continuing to offer it at the same price.” Shrinkflation started to become apparent during the pandemic, but was so craftily employed that many doubted that it was even happening. Now, however, it is well acknowledged that just about everything is smaller, but more expensive. Shrinkflation has so integrated itself in today's reality that it has made its way into the real estate market.
Monday, April 15, 2024
Friday, March 29, 2024
The Mortgage Solution and the Refinance Trap: Why the Lender Always Wins with a Mortgage
Mortgage rates have been news for some time now. Coverage about mortgages has recently turned toward news of a potential rate decrease. This potential drop is such a relief to everyone in the real estate market that even President Joe Biden mentioned it in his most recent State of the Union address. Although the reference was a political move and this blog is not political, the President's attempts to use the activity in the real estate market to further his agenda is yet another reminder of the influence that mortgage rates hold on this country.
Monday, February 19, 2024
Homebuyer Programs to the Forefront
Wintertime is usually a slow time for the residential real estate market. Cold temperatures and budgets that are recuperating from the holidays make January and February low activity months. The weather in many areas also makes most construction activities a non-starter. During this time of year, seasoned real estate professionals get into prep mode, establishing or maintaining professional relationships, stepping-up marketing efforts and preparing properties for the Spring. Homebuyers can use this time to prepare as well, by getting their financing in order, paying off debts and seeking additional sources of funding. One source of funding that often is overlooked is homebuyer programs and downpayment assistance funds.
Thursday, January 18, 2024
Blockchain Real Estate: Some Things to Consider
There has been
a recent movement toward marrying blockchain technology with real estate
transactions. As a result, tokenization has been offered as the solution for everything real
estate from investment to document execution. Companies like RealT, ManageGo, Republic, Blocksquare
and others now offer a variety of different real estate services based on
blockchain technology. Although this wave of innovation is seemingly ubiquitous
in today’s real estate market, there are still a number of legal and logistical
issues that must be considered before fully integrating blockchain technology into
your real estate endeavors.
Saturday, January 6, 2024
Flourish in New Beginnings: Navigating Life in a Different City
Moving to a new city brings a mix of
excitement and nerves, especially after overcoming personal challenges.
Courtesy of The Real Estate
Think Tank, this guide is crafted to assist
you in thriving in your new environment. It provides you with strategies to
create a strong support system. Learn how to maintain focus amidst the changes.
It also teaches you to cultivate a positive attitude during this transition.
Friday, December 29, 2023
2023 Recap (No Clever Title This Time)
Yet another year has come and
gone for TRET and it’s time for our annual wrap up. Let’s start with this blog. This year
started for us with a focus on individual wealth generation through real
estate. This noble goal dominated the blog for the first couple of months of
the year and was continued in an expert fashion by this year’s guest
writer—Sharon Wagner. All of our residential real estate articles have had a
wealth generation theme and we will continue to honor this commitment to wealth
generation going forward.
Wednesday, December 6, 2023
Strategic House Flipping as a Gateway to Adult Education Funding
Embarking on the path of higher education
as an adult can be a financially daunting endeavor. In the quest to secure
funding for this journey, the realm of house flipping presents an innovative
and viable solution. This guide is designed to arm adult learners with
strategic insights, seamlessly interweaving the art of real estate investment
with the pursuit of academic goals, thereby transforming financial barriers
into opportunities for growth and success.
Wednesday, November 29, 2023
There’s No Place Like Home For the Holidays: A Look At The Multifamily Market
Thanksgiving has passed and the holiday season has
officially begun, so it is only natural that TRET finishes its real estate
asset class series with a look at home—multifamily properties. Also, for those
who consider the holidays a time to get away, we’ll also take a look at the
state of hospitality properties, as well.