Blog

How Your Tax Refund Can Move You Toward Homeownership This Year

By

How Your Tax Refund Can Move You Toward Homeownership This Year If you’re looking to buy a home in 2020, have you thought about putting your tax refund toward a down payment? Homeownership may be one step closer than you think if you spend your dollars wisely this year. Based on data released by the Internal … Continued

10 Steps to Buying a Home

By

10 Steps to Buying a Home Some Highlights: If you’re thinking of buying a home in Metro Detroit Michigan and you’re not sure where to start, you’re not alone. Here’s a guide with 10 simple steps to follow in the homebuying process. Be sure to work with a trusted real estate professional to find out … Continued

How Much “Housing Wealth” Can You Build in a Decade?

By

How Much “Housing Wealth” Can You Build in a Decade? Earlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership. Below are three graphs depicting the most important … Continued

5 Tax Tips For Homeowners In Metro Detroit Michigan

By

Homeownership entails some significant tax breaks that homeowners should be aware of and take advantage of. The sad fact is that many people lose out in April because they aren’t aware of these tax breaks or just don’t know how to take advantage of these savings opportunities. In addition, tax laws went through a major … Continued

Entry-Level Homeowners Are in the Driver’s Seat

By

Entry-Level Homeowners Are in the Driver’s Seat One thing helping Metro Detroit Michigan homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why is this good news for the homeowners?  When prices … Continued

Interest Rates Over Time

By

Interest Rates Over Time Some Highlights: With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time. According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low. The impact your interest rate has on your monthly mortgage … Continued

The #1 Misconception in the Homebuying Process

By

The #1 Misconception in the Homebuying Process After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That … Continued

The Overlooked Financial Advantages of Homeownership

By

The Overlooked Financial Advantages of Homeownership There are many clear financial benefits to owning a home in Metro Detroit Michigan: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into … Continued
Call Us!
586-219-1526