December 2021

Good News for Homebuyers: 2022 Conventional and FHA Loan Limits Increased

By |2021-12-03T15:16:08-04:00December 3rd, 2021|Real Estate News|

It’s no secret that the housing market is extra challenging at the moment. The working-from-home movement, as well as changing priorities for families means that demand for luxury and larger family homes is surging. And what does any surge in demand result in? Higher prices [...]

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November 2021

Zillow’s iBuying Collapse Proves You Can’t Beat Local Knowledge When it Comes to Property

By |2021-11-05T14:14:14-04:00November 5th, 2021|Real Estate News|

  This week Zillow announced it is shutting down its homebuying business, resulting in the lay-off of 25% of its employees. The company, who are best known for publishing online real estate listings, got into financial difficulty after pursuing a tactic of using algorithms to [...]

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April 2021

Ceiling Fans and Laundry Rooms: What Homebuyers are Really Looking For

By |2021-04-30T16:03:43-04:00April 30th, 2021|Real Estate News|

Following NAHB’s latest study on consumer preferences – What Home Buyers Really Want (2021 Edition), the top desires of house hunters has been revealed. And the results might surprise you. We’re used to being told that to sell a house we should be focusing on kitchens, [...]

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March 2021

Mortgage Rates Continue Upward Trend Says Michigan Lender

By |2021-03-19T14:20:34-04:00March 19th, 2021|Real Estate News|

For the second consecutive week the average mortgage rate for a typical 30 year fixed loan has risen above 3% which is a trend not seen since last summer. At its current pace, the Mortgage Bankers Association is predicting that by the end of 2021 [...]

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A Year of Covid Uncertainty: How the Pandemic has Impacted the U.S Housing Market

By |2021-03-12T15:37:22-04:00March 12th, 2021|Real Estate News|

Many aspects of life have changed dramatically in the last 12 months. It’s safe to say that almost nothing remains unaffected by the pandemic and the US housing market is certainly no exception. After a year of ups and downs and unprecedented events; just how [...]

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January 2021

What To Expect in 2021’s Housing Market

By |2021-01-29T15:17:03-04:00January 29th, 2021|Real Estate News|

Almost a year ago, in March of 2020, the real estate market looked like it was headed into a steep decline due to widespread stay-home orders. However, the opposite happened. According to Zillow, 5.64 million homes were sold in 2020, up 5.6% from 2019. So [...]

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September 2020

Michigan Mortgage Lender Says Housing Market Up North is Red-Hot

By |2020-09-18T15:14:20-04:00September 18th, 2020|Real Estate News|

Potential buyers searching in northern Michigan are learning they have to act fast to find a home. And this real estate frenzy is not limited to Traverse City. The prices of homes are rising  in the northeast Lower Peninsula from Midland to the Mackinac Bridge [...]

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August 2020

Oakland County Home Lender Talks Real Estate Trends

By |2020-08-28T14:21:38-04:00August 28th, 2020|Real Estate News|

With so much happening over the past few months, you might be wondering how the current health crisis is impacting real estate trends. After Covid-19 cast a gloomy economic outlook earlier this year, analysts predicted decreased homebuyer demand and a depreciation in home values. But [...]

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June 2020

Buying a Home After a Pandemic: Michigan Loan Expert Explains

By |2020-06-27T16:21:27-04:00June 26th, 2020|Real Estate News|

The Covid-19 pandemic has brought about many unprecedented changes in 2020 that have affected all of us in one way or another. First and foremost, I hope everyone has been staying healthy throughout this crisis.  Even if you and your family were fortunate enough to [...]

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Metro Detroit Lender Lists 3 Ways Telecommuting is Changing the Way We Buy Homes

By |2020-06-12T16:56:16-04:00June 12th, 2020|Real Estate News|

Thanks to advanced technology and high speed internet, remote working has been becoming more and more common. And the current Covid-19 pandemic has put a spotlight on this new way of working. If employers keep these work-from-home options open, prospective buyers may start changing the [...]

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