Tag: getting a mortgage in michigan

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

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

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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

Equity Gain Growing in Nearly Every State

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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

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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

Real Estate Is Soaring, But Not Like 2008

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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

How Interest Rates Can Impact Your Monthly Housing Payments

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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

How Your Tax Refund Can Move You Toward Homeownership This Year

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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

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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
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