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 homeowners have a mortgage rate under 4% as of […]
It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If you’re thinking of buying a […]
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s a look at a few terms you may […]
If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did even just a few months ago. But that doesn’t mean you have to put your plans on hold. If you partner with a trusted real estate […]
As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home prices seems to confirm that trend. According to data from CoreLogic, home price appreciation has […]
Celebrate in style this holiday after you have settled into this absolutely stunning estate-style home in Central Park Estates in Canton MI. Be sure to check click on the link below in red to open the complete photo album so you can see almost every inch of this beautiful home! Welcome to 411 Lenox Drive, […]
There are many reasons why researching current real estate trends in Plymouth is an excellent idea. If you are buying a home, recent home sales can help you understand what you can expect to pay for a home in your size and with your features. If you are selling your home, sold data can help you […]
Halloween is just around the corner. For many homeowners, that means carving pumpkins, hanging up Halloween decorations, and stocking up on fun-sized candy. But if you’re a homeowner in Plymouth, Canton, or Northville Michigan who is thinking about selling this fall season, you might be preparing your home for buyers instead of trick-or-treaters. Home staging […]
Plymouth’s historic charm and fun festivals (not to mention the community’s highly-acclaimed schools) are a major draw for buyers looking for a place to call home. If you can’t get enough of this quaint community, you don’t want to pass up Plymouth’s Beacon Meadows neighborhood. Why You Don’t Want to Miss Beacon Meadows Beacon Meadows is a premier, established community […]
For many first-time home buyers, the idea of a 20% down payment is terrifying. It’s one of the biggest obstacles to homeownership. Maybe you want to own a home some day, but the thought of saving up thousands of dollars for a home purchase has deterred you from seriously considering it. Believe it or not, […]
