Category: buying-a-house
What You Can Expect After A Metro Detroit Michigan Home Inspection
You’ve found a house within your price range with the features you want, you have made an offer that was accepted, and the inspection has taken place. Now what? Well, that depends on whether the inspection turned up any problems or deficiencies, especially any major or structural ones. If that was the case, then you … Continued
What’s Going On with Bidding Wars?
What’s Going On with Bidding Wars? In a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected. This makes sense! A seller’s market is defined as a market in which the inventory of homes for sale cannot satisfy the number of buyers who want … Continued
7 Things To Avoid After Applying for a Mortgage!
7 Things To Avoid After Applying for a Mortgage! Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer. … Continued
4 Reasons to Buy a Home in the Spring
4 Reasons to Buy a Home in the Spring Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 4.4% over the last … Continued
Preparing to Spring Forward [INFOGRAPHIC]
Preparing to Spring Forward [INFOGRAPHIC] Some Highlights: In the majority of the country, this weekend marks the start of Daylight Savings Time as we set our clocks forward an hour on Sunday at 2:00 AM EST. Whether you plan on buying or selling this spring, these tips could help you ‘spring ahead’ of your competition! … Continued
How To Handle A Low Appraisal When Buying A House in Metro Detroit Michigan
Buying a home can be a long, drawn-out process with not a few pitfalls along the way. And one of the worst-case scenarios is when you find a house you love, make an offer the seller accepts . . . and then the appraisal comes in substantially below the agreed-upon sale price. So, it seems, … Continued
Why an Economic Slowdown Will NOT Crush Real Estate this Time
Why an Economic Slowdown Will NOT Crush Real Estate this Time Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future: “While only 10% of panelists expect a recession in 2019, 42% … Continued
2 Reports That Say Now Is a Great Time to Sell
2 Reports That Say Now Is a Great Time to Sell Heading into the spring buying market, there are strong trends starting to emerge. The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The … Continued
The Housing Market Will “Spring Forward” This Year!
The Housing Market Will “Spring Forward” This Year! Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting until Spring is in their best interest. … Continued