To begin this real estate update, we will focus on southeastern Michigan, specifically the counties of Livingston, Macomb, Oakland, St. Clair, Washtenaw, and Wayne. In this region, home prices continue to rise as the year-over-year median sales price increased the most in Wayne County by 14.1% to $154,000. The next highest year-over-year median sales price […]
Key Takeaways: After a turbulent 2020, many homeowners are holding out until spring to list their properties. Though spring is usually the busiest season for real estate, now is the time to take advantage of high prices, low interest rates, and skyrocketing demand for homes. Not sure when to list? Get in touch with us […]
Single-family housing starts continued their seven-month climb in November, coming in to the highest level since 2007, according to the Census Bureau. Housing starts rose 1.2% in November compared to October and are up 12.8% year over year to a seasonally adjusted annual pace of 1.58 million starts. Single-family housing starts rose 0.4% from October and 27.1% compared to […]
Key Points: When it comes to selling your home, staging is the easiest way to make a great first impression both online and during an in-person tour. Focusing on the smaller touches can really impress buyers—and lighting is an important detail you should never overlook. Looking for more easy tips to transform your home and […]
Now that many of us have spent several weeks living inside, we’ve become quite familiar with our homes — in some cases, maybe too familiar. If you were planning to move before COVID-19, and still plan to do so when the timing is right, you might want to take this time to reflect on what’s […]
Key Takeaways: As mortgage rates continue hovering near historic lows, many potential buyers are eager to make a move—but it can be hard to know which type of loan is best. There are dozens of different mortgage options available today, and some even have low down payment or credit score requirements. This can help a […]
Average mortgage rates have dipped below 3% for 18 consecutive weeksBy: Alex Roha at Housing Wire The average U.S. mortgage rate for a 30-year fixed loan remained unchanged at 2.72% this week, Freddie Mac said in a report on Thursday – the second week in a row rates have sat at the lowest recorded level in the survey’s near 50-year history. […]
Home buying hurdles exist — but research, creativity and flexibility will help you clear them. Home buyers today face tough challenges — housing prices have soared, a dollar doesn’t go as far as it once did and rent is more expensive than the past. How are people today making such a large purchase despite these […]
Key Points: Even in the middle of a pandemic, today’s homeowners are looking to make their spaces more conducive to entertaining. Certain upgrades—especially those in the entryway, kitchen, and backyard—have the potential to boost your home’s resale value. And best of all, your guests will love them just as much as you do! These projects […]
This year has been difficult for just about everyone, but if you were (or still are) thinking about buying a home in 2020, you might be feeling more than a little overwhelmed. An ongoing pandemic, the subsequent recession, and general uncertainty have forced many house-hunters to put their real estate dreams on hold. However, despite […]
