Recession? Yes. Housing Crash? No.

Recession? Yes. Housing Crash? No. With over 90% of Americans now under a shelter-in-place order, many experts are warning that the American economy is heading toward a recession, if it’s not in one already. What does that mean to the residential real estate market in Michigan? What is a recession?  According to the National Bureau of … Continued

Why Home Office Space Is More Desirable Than Ever

Why Home Office Space Is More Desirable Than Ever For years, we’ve all heard about the most desirable home features buyers are looking for, from upgraded kitchens to remodeled bathrooms, master suites, and more. The latest on the hotlist, however, might surprise you: home offices. In a recent article by George Ratiu, Senior Economist with realtor.com, he notes how listings … Continued

Will Surging Unemployment Crush Home Sales?

Will Surging Unemployment Crush Home Sales? Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many are feeling a personal financial crisis. James Bullard, President of the Federal Reserve Bank … Continued

Is Now a Good Time to Refinance My Home?

Is Now a Good Time to Refinance My Home? With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons … Continued

Real Estate Is Soaring, But Not Like 2008

Real Estate Is Soaring, But Not Like 2008 Unlike last year, the residential real estate market kicked off 2020 with a bang! In their latest Monthly Mortgage Monitor, Black Knight proclaimed: “The housing market is heating entering 2020 and recent rate declines could continue that trend, a sharp contrast to the strong cooling that was seen at this … Continued

How To Diversify Your Investment Portfolio In Metro Detroit MI

As an investor, you know that it is important to diversify your investment portfolio. In this post, we will give you some tips on the best ways to do it. Smart diversification is paramount to any successful real estate portfolio. Just like you don’t put al lof your eggs in one basket, you don’t put … Continued
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