Category: Real Estate Market Updates

Think This Is a Housing Crisis? Think Again.

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Think This Is a Housing Crisis? Think Again. With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it’s logical to ask that question. Many of us experienced financial hardships, lost … Continued

What If I Need to Sell My Home Now? What Can I Do?

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What If I Need to Sell My Home Now? What Can I Do? Every day that passes, people have a need to buy and sell homes. That doesn’t stop during the current pandemic. If you’ve had a major life change recently, whether with your job or your family situation, you may be in a position … Continued

Recession? Yes. Housing Crash? No.

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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

What You Can Do to Get Your House Ready to Sell

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What You Can Do to Get Your House Ready to Sell Some Highlights: Believe it or not, there are lots of things you can do to prep your house for a sale without even going to the store. Your real estate plans don’t have to be completely on hold even while we’ve hit the pause … Continued

Why Home Office Space Is More Desirable Than Ever

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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

How Technology Is Enabling the Real Estate Process

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How Technology Is Enabling the Real Estate Process Today’s everyday reality is pretty different than it looked just a few weeks ago. We’re learning how to do a lot of things in new ways, from how we work remotely to how we engage with our friends and neighbors. Almost everything right now is shifting to … Continued

Will Surging Unemployment Crush Home Sales?

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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
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