Strength of the Economy Is Surprising the Experts

Strength of the Economy Is Surprising the Experts We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal (WSJ) for the Economic Forecasting Survey predicted we would have a … 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

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

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

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

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

Expert Insights on the 2020 Housing Market

Expert Insights on the 2020 Housing Market When closing out another year, it’s normal to wonder what’s ahead for the housing market. Though there will be future inventory issues, we expect interest rates to stay low and appreciation to continue. Here’s what three experts are saying we’ll likely see in 2020: Expert Insights on the 2020 … Continued

Why You Shouldn’t For Sale By Owner-FSBO

Why You Shouldn’t For Sale By Owner-FSBO Rising home prices coupled with the current inventory in today’s market may cause some Metro Detroit Michigan homeowners to consider selling their homes on their own (known in the industry as a For Sale By Owner). However, a FSBO might be hard to execute well for the vast majority … Continued

Working with a Local Real Estate Professional Makes All the Difference

Working with a Local Real Estate Professional Makes All the Difference [INFOGRAPHIC] Some Highlights: Choosing the right real estate professional is one of the most impactful decisions you can make in your home buying or selling process. A real estate professional can explain current market conditions and break down what they will mean to you … Continued

Year-Over-Year Rental Prices on the Rise

Year-Over-Year Rental Prices on the Rise Looking ahead, 2020 is projected to be a strong year for homeownership. According to the Freddie Mac Forecast, “We expect rates to remain low, falling to a yearly average of 3.8% in 2020.” If you’re currently renting, 2020 may be a great time to think about making a jump into homeownership … Continued

2020 Forecast Shows Continued Home Price Appreciation

2020 Forecast Shows Continued Home Price Appreciation Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year:Additionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed their latest ARCH Risk Index, which estimates the probability of home prices being lower in two years. Based … Continued

Where is the Housing Market Headed in 2020?

Where is the Housing Market Headed in 2020? Some Highlights: Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year. Experts predict that the number of … Continued