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.
Showing posts with label construction. Show all posts
Showing posts with label construction. Show all posts
Monday, February 19, 2024
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.
Monday, October 30, 2023
Industrial Real Estate: A Normal Market for a Somewhat Normal Time
Recently coming off the effects of nearly two years of
rising interest rates by the Federal Reserve, the real estate market has been
in a state of constant change for the past 18 months. As this blog has extensively discussed, real estate is very
dependent on interest rates, as they influence property loans, cap rates and
ultimately, property prices. Despite the recent period of adjustment, the economy
seem to show signs of normalization, with mortgage rates, consumer
loan rates and even treasury
rates settling at levels much higher than those of the previous two years. By all indicators, it seems like our economy and we seem headed for a soft
landing. No market has internalized the current state of the economy
more than the Industrial Real Estate market.
Thursday, August 24, 2023
Retail Real Estate Is Thriving, But How?
Picture it, the year is 2023. Any
and every item that can be bought sold can be accesses via the Internet from
the comfort of one’s own home. For over seven years, the number of stores in existence
has steadily declined. The economy is experiencing the perfect storm of rampant
inflation and recessionary forces. Despite all of this, retail real estate
vacancy nationwide is 5.4% and retail is thriving. Let’s take a look at why.