Category: sellers

5 Tricks Agents Use To Sell Houses Fast in Metro Detroit Michigan

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Skill, experience, knowledge, timing, and a not-so-small helping of luck – all these are the ingredients that go into the recipe that makes selling a house fast possible. Oh, and one other thing: some clever strategies that can significantly reduce the element of luck. And good agents know how to successfully deploy these strategies that … Continued

Home Builder Confidence Hits All-Time Record

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Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale expectations for the next six months, as well as the traffic of prospective buyers of new homes. As … Continued

Forbearance Numbers Are Lower than Expected

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Forbearance Numbers Are Lower than Expected Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine … Continued

2020 Homebuyer Preferences

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2020 Homebuyer Preferences Some Highlights A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. Many buyers are accelerating their timelines to take advantage of low mortgage rates, and staying home has enabled some to save more money to put toward a down payment. Let’s connect today if your needs have recently changed and you’re … Continued

The Latest Unemployment Report: Slow and Steady Improvement

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The Latest Unemployment Report: Slow and Steady Improvement Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report came out, it revealed that 1.8 million jobs were … Continued

Where Is the Housing Market Headed for the Rest of 2020?

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Where Is the Housing Market Headed for the Rest of 2020? Some Highlights: The Michigan housing market is forecasted to finish the year with growing strength. Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise. If you’re thinking of buying or selling a Metro Detroit Michigan home … Continued
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