The Benefits of Growing Equity in Your Home

The Benefits of Growing Equity in Your Home Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home equity. Let’s break … Continued

5 Real Estate Reality TV Myths Explained

5 Real Estate Reality TV Myths Explained Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of shows like “Property Brothers,” “Fixer Upper,” and “Love It or List It,” all in one sitting. When you’re in … Continued

American Confidence in Housing at an All-Time High

American Confidence in Housing at an All-Time High Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and … Continued

Millionaire to Millennials: The Costly Mistake of Not Buying Now

Millionaire to Millennials: The Costly Mistake of Not Buying Now On his personal website, self-made millionaire David Bach makes a striking statement:  “Not prioritizing homeownership is the single biggest mistake millennials are making.”  He further stated, “Buying a home is an escalator to wealth.” Bach explains: “Young adults in particular aren’t hopping on this escalator, and it’s … Continued

Rent Vs. Own

Rent Vs. Own [INFOGRAPHIC] Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build … Continued

Why All the Chicken Littles Should Calm Down

Why All the Chicken Littles Should Calm Down The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during … Continued

Appreciation Is Strong: It Might Be Time to Sell

Appreciation Is Strong: It Might Be Time to Sell There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling now is likely to drive the greatest return on your largest investment. Home values have been appreciating for several … Continued

5 Websites Every Home Buyer In Bloomfield HIlls Needs To Know

For home buyers today, the game has changed. No longer do you just check the local classifieds and drive around neighborhoods keeping an eye out for for-sale signs. Most of the home shopping has now moved online. That also means that for you, a home buyer in Bloomfield HIlls , there’s a lot more property … Continued

Existing Home Sales Point Toward a Good Time to Sell

Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC] Some Highlights: Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June. Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less … Continued

Why Now Is the Perfect Time to Sell Your House

Why Now Is the Perfect Time to Sell Your House As a homeowner, it’s always tempting to dream about the next big project you’re going to tackle. The possibilities are endless. Should I renovate? Should I refinance? Should I stay? Should I move? The list goes on and on. In today’s housing market, it’s actually … Continued