Month: September 2022
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Why You Should Consider a Condo
Why You Should Consider a Condo The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for…
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Understanding Inflation & Mortgage Rates
Understanding Inflation & Mortgage Rates If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the…
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The True Strength of Homeowners Today
The True Strength of Homeowners Today The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over…
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Home Prices Next Year
What Experts Say Will Happen with Home Prices Next Year Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it…
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Top Reasons Homeowners Are Selling
Top Reasons Homeowners Are Selling Their Houses Right Now Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of…
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Stock Market vs Housing Market
Watching the Stock Market? Check the Value of Your Home for Good News. While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years…
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How to Prepare Your Home for Sale
If you’re wondering how to get your house ready to sell, you need to connect with the best real estate agents in Michigan. Tidy up your home and get started on preparing your house to sell quickly and for top dollar. Fixing Damage Before putting your house on the market, it’s important to ensure it’s…
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Will My House Still Sell
Will My House Still Sell in Today’s Market? If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and…
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Buying A Home?
Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking…
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Home Remodeling Tips | Downriver Homes
Are you planning to sell your Downriver, Michigan home? Although the value of a home can fluctuate over time, some remodeling projects can help to increase its value. For example, kitchens and bathrooms are two rooms that potential homebuyers often pay the most attention to. Updating these rooms with new fixtures and appliances makes your…