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5 Reasons Why Now Is A Great Time To Sell A House In Metro Detroit Michigan

March 18, 2020

Is now a good time to sell your house? All the signs seem to say yes, and most of the real estate gurus agree. Conditions are favorable for selling right now, but all that could easily change by next year. A couple of the most important indicators that now may be the time to sell … Continued

6 Reasons To Avoid An FSBO Listing of Your House In Metro Detroit Michigan

March 16, 2020

By propmarket

For many people, a rule of thumb is to avoid an FSBO listing at all costs, whether they’re buying or selling. They do whatever they can to avoid listing their houses for sale by owner – even if it costs them more – and they also steer clear of looking at homes not listed with … Continued

Impact of the Coronavirus on the U.S. Housing Market

March 11, 2020

By propmarket

Impact of the Coronavirus on the U.S. Housing Market The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have on lives and families around … Continued

5 Reasons Why Now Is The Time To Buy Real Estate In Metro Detroit Michigan

March 11, 2020

By propmarket

Have you been considering buying a home, but have been on the fence about it, unable to commit to buying? It just may be time for you get down off that fence and make a move. Yes, the real estate market has its ups and downs, its inevitable cycles. But the cycle seems to have … Continued

Equity Gain Growing in Nearly Every State

March 10, 2020

By propmarket

Equity Gain Growing in Nearly Every State Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a … Continued

New Homes Coming to the Housing Market This Year

March 9, 2020

By propmarket

New Homes Coming to the Housing Market This Year The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Construction Report, the number of building … Continued

5 Unexpected Moving Costs Metro Detroit Michigan Buyers and Sellers Should Be Aware Of

March 9, 2020

By propmarket

Changing your residence can be full of unexpected moving costs, and the numbers can add up quickly. To properly prepare, both buyers and sellers need to know about these costs so no one is surprised at the last minute. Here are 5 unexpected moving costs Metro Detroit Michigan buyers and sellers should be aware of. INSURANCE … Continued

Real Estate Is Soaring, But Not Like 2008

March 4, 2020

By propmarket

Real Estate Is Soaring, But Not Like 2008 Unlike last year, the residential real estate market kicked off 2020 with a bang! In their latest Monthly Mortgage Monitor, Black Knight proclaimed: “The housing market is heating entering 2020 and recent rate declines could continue that trend, a sharp contrast to the strong cooling that was seen at this … Continued

What You Can Expect From The Metro Detroit Michigan Real Estate Market in 2020

March 4, 2020

By propmarket

The current healthy economy portends a strong real estate market throughout 2020. A strong job market, with unemployment at a near 50-year low and relatively low-interest rates should keep real estate going, but there will remain, it seems, a shortage of inventory. Industry watchers say that the market is looking better than it did a … Continued

How Interest Rates Can Impact Your Monthly Housing Payments

March 3, 2020

By propmarket

How Interest Rates Can Impact Your Monthly Housing Payments Spring is right around the corner, so flowers are starting to bloom, and many potential homebuyers are getting ready to step into the market. If you’re thinking of buying in Metro Detroit Michigan this season, here’s how mortgage interest rates are working in your favor. Freddie … Continued