Category: Real Estate Market Updates

iBuyers: What Is the “Cost of Convenience” When Selling Your Home?

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iBuyers: What Is the “Cost of Convenience” When Selling Your Home? When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer? According to Jovio, the definition is: “A company or investor that uses Automated Valuation Models (AVMs) to make instant offers on homes. … Continued

Top Priorities When Moving with Kids

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Top Priorities When Moving with Kids According to the Pew Research Center, around 37% of U.S students will be going back to school soon and the rest have already started the new academic year. With school-aged children in your home, buying or selling a house can take on a whole different approach when it comes … Continued

What’s the Latest on Interest Rates?

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What’s the Latest on Interest Rates? Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market.According to Freddie Mac’s Primary Mortgage Market Survey, “the 30-year fixed-rate mortgage (FRM) rate averaged … Continued

Investing In Michigan When You Live Out Of State

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Investing in Michigan is always a great option, even if you live out of state! Even if you don’t ever see the property in person, you can still find yourself a great deal! Learn more about how it works in our latest post! As an investor, you likely began your career by purchasing properties in … Continued

5 Things To Know About Your Metro Detroit Michigan Probate Property

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Dealing with probate isn’t fun for anyone. If you have a probate property in Metro Detroit Michigan, here are a few things you should know! If you are dealing with the probate process in Metro Detroit Michigan, the process can feel confusing, overwhelming, and stressful. Many people don’t know what to expect or how things … Continued

These are the 25 best school districts in Michigan

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These are the 25 best school districts in Michigan (WXYZ) — A list of the best school districts in Michigan was released by Niche, a site that researches K-12 schools and colleges. The list ranks the best districts heading into the 2019-2020 school year on factors including state test scores, college readiness, graduation rates, SAT/ACT … Continued

A Latte a Day Keeps Homeownership Away

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A Latte a Day Keeps Homeownership Away [INFOGRAPHIC] Some Highlights: The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast! Saving for a down payment takes a little discipline, so … Continued

Seniors Are on the Move in the Real Estate Market

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Seniors Are on the Move in the Real Estate Market Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,  “Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true today and gives us … Continued

Housing Supply Not Keeping Up with Population Increase

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Housing Supply Not Keeping Up with Population Increase Many buyers are wondering where to find houses for sale in today’s market. It’s a true dilemma. We see an increase in buyer demand, but the supply available for purchase isn’t keeping up. The number of new housing permits issued prior to the great recession increased for … Continued

A Great Way to Increase Your Family’s Net Worth

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A Great Way to Increase Your Family’s Net Worth Every three years, the Federal Reserve conducts its Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the … Continued
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