Category: homes for sale in troy

The #1 Reason It Is Difficult to Find Your Dream Home

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The #1 Reason It Is Difficult to Find Your Dream Home The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking longer to purchase a home because there … Continued

2020 Homebuying Checklist

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2020 Homebuying Checklist Some Highlights: If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval. Being proactive about the homebuying process will help set you up for success in each step. Make sure to work with a trusted real estate professional along the way, to help guide you through the homebuying steps … Continued

Housing Inventory Vanishing: What Is the Impact on You?

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Housing Inventory Vanishing: What Is the Impact on You? The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing inventory … Continued

2020 Luxury Market Forecast

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2020 Luxury Market Forecast By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in the luxury space. … Continued

Buying a Home Early Can Significantly Increase Future Wealth

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Buying a Home Early Can Significantly Increase Future Wealth According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60. The good news is, our younger generations are strong believers in homeownership. According to a Freddie Mac survey, “The dream of homeownership is alive and well within “Generation … Continued

There’s a Long Line of Buyers Waiting for Your House

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There’s a Long Line of Buyers Waiting for Your House If you’re following what’s happening in the Metro Detroit Michigan housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted, “Sellers tend to be more reluctant to list during the … Continued

Big Demand for Small Homes

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Big Demand for Small Homes Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different. Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is not projected to change as we continue into the beginning of … Continued

National Cut Your Energy Costs Day

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National Cut Your Energy Costs Day Some Highlights: On January 10th of each year, “National Cut Your Energy Costs Day” encourages consumers to reduce their overall energy costs by improving home efficiency. According to Freddie Mac, a typical U.S. family spends $2,200 per year on energy bills. By making energy efficient upgrades, you could reduce your energy … Continued

The New Spring Real Estate Market is Here. Are You Ready?

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The New Spring Real Estate Market is Here. Are You Ready? Which month do you think most people who are considering buying a home actually start their search? If you’re like most of us, you probably think the surge happens in the spring, likely in April. Not anymore. According to new research, January 2019 was only 1% behind … Continued

3 Benefits to Buying Your Dream Home This Year

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3 Benefits to Buying Your Dream Home This Year Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home in Metro Detroit Michigan this year instead of waiting. 1. Buying a Home is a Great Investment Several reports indicate … Continued
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