What Are Experts Saying About the Rest of 2020? One of the biggest questions on everyone’s minds these days is: What’s going to happen to the Metro Detroit Michigan housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for … Continued
Since the coronavirus and COVID-19 have come on the scene, the real estate landscape has changed for many home buyers, particularly for people who want to buy a house this fall. Still, much remains the same – it’s just that some emphases have shifted. So what should you do to get ready for that fall … Continued
Ideally, when you move, you sell your old home and buy the new one at the same time. But, often, the ideal is very different from the real. And the situation only gets more difficult and more complicated when you live out of state and have to sell a home in another state. But with … Continued
As a result of the coronavirus and COVID-19, along with stay-at-home orders and economic difficulties, life for most Americans has irreversibly shifted. And many say this new paradigm will persist and become the new normal. Real estate, while still chugging along to some degree, has also been affected – not only by health concerns engendered … Continued
Late 2019 and early 2020 looked very promising for home sellers. But then everything slid sideways when the coronavirus came on the scene. Listings have dropped and sales have decreased, and the very process of selling a house has changed. But it’s not all doom and gloom, and, in fact, by late summer home sales … Continued
Is the Economic Recovery Already Underway? The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects … Continued
Three Reasons Homebuyers Are Ready to Purchase This Year A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move … Continued
Everyone knows that credit scores matter for buying a house. And although you can get financing with bad credit, everything is so much easier when you have a good credit score. So if you have borderline credit, it’s time to get busing improving your score. It doesn’t have to take years or even months. There … Continued
Real Estate Tops Best Investment Poll for 7th Year Running Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term … Continued
They say this is the new normal – maybe . . . maybe not. But one thing is certain: people are now a lot more health-conscious and health cautious. And that applies to home buyers no less than any other consumers. This means, then, that the real state terrain has been altered too, especially for … Continued
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