Tag: first time home buyer michigan

A Day When Americans Can Return to Work

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A Day When Americans Can Return to Work Some Highlights Taking a moment to reflect upon what we’ve heard from historical leaders can teach us a lot about getting through the many challenges we face today. We’re all eager for the day when every American can safely return to work. That day is coming. Timing … Continued

Unemployment: Hope on the Horizon

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Unemployment: Hope on the Horizon Tomorrow, the unemployment rate for April 2020 will be released by the U.S. Bureau of Labor Statistics. It will hit a peak this country has never seen before, with data representing real families and lives affected by this economic slowdown. The numbers will alarm us. There will be headlines and doomsday scenarios … Continued

Why Home Equity Is a Bright Spark in the Housing Market

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Why Home Equity Is a Bright Spark in the Housing Market Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries such as … Continued

Confused About the Economic Recovery? Here’s Why.

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Confused About the Economic Recovery? Here’s Why. As we continue to work through the health crisis that plagues this country, more and more conversations are turning to economic recovery. While we look for signs that we’ve reached a plateau in cases of COVID-19, the concern and fear of what will happen as businesses open up … Continued

U.S. Homeownership Rate Rises to Highest Point in 8 Years

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U.S. Homeownership Rate Rises to Highest Point in 8 Years For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found … Continued

How to Test-Drive a Neighborhood While Sheltering in Place

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How to Test-Drive a Neighborhood While Sheltering in Place Some Highlights Staying at home doesn’t mean your search for a new place needs to come to a standstill. Check out these tips on how to explore other Michigan neighborhoods virtually in the homebuying process. You may find a spot that better suits your needs without ever leaving … Continued

Why the Housing Market Is a Powerful Economic Driver

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Why the Housing Market Is a Powerful Economic Driver With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process. … Continued

Buying a Home Right Now: Easy? No. Smart? Yes.

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Buying a Home Right Now: Easy? No. Smart? Yes. Through all the volatility in the economy right now, some have put their search for a Metro Detroit Michigan home on hold, yet others have not. According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last several … Continued

Rise to the Top of the Pool by Selling Your House Today

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Rise to the Top of the Pool by Selling Your House Today With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate agents noted that sellers are not dropping listing prices … Continued

What Impact Might COVID-19 Have on Home Values?

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What Impact Might COVID-19 Have on Home Values? A big challenge facing the housing industry is determining what impact the current pandemic may have on Metro Detroit Michigan home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by … Continued
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