Tag: selling your michigan home

National Cut Your Energy Costs Day

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National Cut Your Energy Costs Day Some Highlights: On January 10th of each year, “National Cut Your Energy Costs Day” encourages consumers to reduce their overall energy costs by improving home efficiency. According to Freddie Mac, a typical U.S. family spends $2,200 per year on energy bills. By making energy efficient upgrades, you could reduce your energy … Continued

The New Spring Real Estate Market is Here. Are You Ready?

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The New Spring Real Estate Market is Here. Are You Ready? Which month do you think most people who are considering buying a home actually start their search? If you’re like most of us, you probably think the surge happens in the spring, likely in April. Not anymore. According to new research, January 2019 was only 1% behind … Continued

3 Benefits to Buying Your Dream Home This Year

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3 Benefits to Buying Your Dream Home This Year Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home in Metro Detroit Michigan this year instead of waiting. 1. Buying a Home is a Great Investment Several reports indicate … Continued

The 2020 Real Estate Projections That May Surprise You

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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

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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

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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

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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

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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

2020 Forecast Shows Continued Home Price Appreciation

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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

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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
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