Category: buyer

Think Prices Have Skyrocketed? Look at Rents.

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Think Prices Have Skyrocketed? Look at Rents. Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject. In the most recent Apartment … Continued

Homes Are Selling Quickly 

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Homes Are Selling Quickly Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions. Homes across … Continued

5 Tips for Starting Your Home Search

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5 Tips for Starting Your Home Search In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. Here are five tips from realtor.com’s article, “How to Find Your Dream Home—Without Losing Your Mind.” 1. Get Pre-Approved for … Continued

3 Reasons to Use a Real Estate Pro in a Complex Digital World

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3 Reasons to Use a Real Estate Pro in a Complex Digital World If you’re searching for a home online, you’re not alone; lots of people are doing it. The question is, are you using all of your available resources, and are you using them wisely? Here’s why the Internet is a great place to … Continued

When To Consider Buying A Foreclosure In Metro Detroit Michigan

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You’ve seen those TV shows – Property Wars, Flip or Flop, and others of that ilk. And because of their huge popularity, there’s now a burgeoning interest in buying foreclosed homes. It’s a great way to buy a house on the cheap for investment purposes, right? It can be, but it can also be a financial disaster. … Continued

3 Reasons This is NOT the 2008 Real Estate Market

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3 Reasons This is NOT the 2008 Real Estate Market No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s … Continued

Existing-Home Sales Report Indicates Now Is a Great Time to Sell

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Existing-Home Sales Report Indicates Now Is a Great Time to Sell The best time to sell anything is when demand for that item is high and the supply of that item is limited. The latest Existing-Home Sales Reportreleased by the National Association of Realtors (NAR), reveals that demand for housing continues to be strong, but the supply is struggling … Continued

Homeownership is the Top Contributor to Your Net Worth

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Homeownership is the Top Contributor to Your Net Worth Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth, “The biggest determinants of household … Continued

What You Need to Know About the Mortgage Process

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What You Need to Know About the Mortgage Process Some Highlights: Many buyers are purchasing homes with down payments as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Your local professionals are here to help you determine how much you can afford, so take advantage of … Continued
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