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Tax Tips for Homeowners in Metro Detroit Michigan

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Buying a home is, of course, a huge purchase. The great thing about it, though, is that owning a home is (most of the time) a good investment. In addition to the fact that buying a home makes you money in the long run, it also provides you with certain tax benefits. If you want … Continued

7 Selling Secrets For Condos In Metro Detroit Michigan

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Selling a condo is in many ways different from selling a traditional, single-family home. For one thing, the condo market is pretty strong in many cities, and this means you will likely be up against some stiff competition. To sell your condo, then, especially in one of these competitive markets, you will have to find … Continued

Don’t Let Frightening Headlines Scare You

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Don’t Let Frightening Headlines Scare You There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well. Amidst all this anxiety, anyone with a megaphone – from the mainstream media to a lone blogger – has … Continued

Is Now a Good Time to Refinance My Home?

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Is Now a Good Time to Refinance My Home? With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons … Continued

Why the Stock Market Correction Probably Won’t Impact Home Values

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Why the Stock Market Correction Probably Won’t Impact Home Values With the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing like what happened the last … Continued

Economic Slowdown: What the Experts Are Saying

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Economic Slowdown: What the Experts Are Saying More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, … Continued

A Recession Does Not Equal a Housing Crisis

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A Recession Does Not Equal a Housing Crisis Some Highlights The COVID-19 pandemic is causing an economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th. All things considered, an economic slowdown does not equal a housing crisis, … Continued

5 Simple Graphs Proving This Is NOT Like the Last Time

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5 Simple Graphs Proving This Is NOT Like the Last Time With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real … Continued
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