The 2020 Real Estate Projections That May Surprise You

The 2020 Real Estate Projections That May Surprise You This will be an interesting year for residential real estate. With a presidential election taking place this fall and talk of a possible recession occurring before the end of the year, predicting what will happen in the 2020 U.S. housing market can be challenging. As a … Continued

Expert Insights on the 2020 Housing Market

Expert Insights on the 2020 Housing Market When closing out another year, it’s normal to wonder what’s ahead for the housing market. Though there will be future inventory issues, we expect interest rates to stay low and appreciation to continue. Here’s what three experts are saying we’ll likely see in 2020: Expert Insights on the 2020 … Continued

Why You Shouldn’t For Sale By Owner-FSBO

Why You Shouldn’t For Sale By Owner-FSBO Rising home prices coupled with the current inventory in today’s market may cause some Metro Detroit Michigan homeowners to consider selling their homes on their own (known in the industry as a For Sale By Owner). However, a FSBO might be hard to execute well for the vast majority … Continued

Working with a Local Real Estate Professional Makes All the Difference

Working with a Local Real Estate Professional Makes All the Difference [INFOGRAPHIC] Some Highlights: Choosing the right real estate professional is one of the most impactful decisions you can make in your home buying or selling process. A real estate professional can explain current market conditions and break down what they will mean to you … Continued

Year-Over-Year Rental Prices on the Rise

Year-Over-Year Rental Prices on the Rise Looking ahead, 2020 is projected to be a strong year for homeownership. According to the Freddie Mac Forecast, “We expect rates to remain low, falling to a yearly average of 3.8% in 2020.” If you’re currently renting, 2020 may be a great time to think about making a jump into homeownership … Continued

5 Risks Of Finding A Rental Property On Your Own in Detroit MI

Whether you are looking for a rental property or a house to buy, beginning the search online is standard practice today. After that, though, when an agent gets involved, we tend to think that homebuyers have a leg up on renters. But that’s not necessarily the case. Many agents are eager to represent renters. In … Continued

When a House Becomes a Happy Home

When a House Becomes a Happy Home We talk a lot about why it makes financial sense to buy a home, but more often than not we’re drawn to the emotional reasons for homeownership. No matter the size or shape of a living space, the feeling of a home means different things to different people. Whether it’s … Continued

2020 Forecast Shows Continued Home Price Appreciation

2020 Forecast Shows Continued Home Price Appreciation Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year:Additionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed their latest ARCH Risk Index, which estimates the probability of home prices being lower in two years. Based … Continued

The Biggest Issue Facing Housing Next Year

The Biggest Issue Facing Housing Next Year This coming year the housing market will be defined by 3 things- inventory, interest rates, and appreciation.  But the biggest issue the housing market will face in 2020 is an inventory shortage.  There aren’t enough homes on the market for buyers, especially on the lower end of the … Continued

3 Mistakes to Avoid When Selling a Home in 2020

3 Mistakes to Avoid When Selling a Home in 2020 It’s exciting to put a house on the market and to think about making new memories in new spaces, but we can have deep sentimental attachments to the homes we’re leaving behind, too. Growing emotions can help or hinder a sale, depending on how we … Continued