5 Reasons Why Cash is King in Real Estate You may have heard that term before, ‘Cash is King’ when referring to a whole host of things. But it’s never been more true than in today’s real estate market. With such a lack of inventory, especially in the Ann Arbor area, as soon as a […]
Home Inspection vs. Home Appraisal When purchasing a new home, an appraisal and an inspection will be performed before you are able to close and call it your own. You may be wondering what the difference is and why either needs to be performed. Appraisal: Performed by a licensed appraiser that is hired by the […]
The national real estate market is dealing with an issue of supply and demand right now and it’s impacting both buyers and sellers. Specifically, the national housing market has too few people selling their homes compared with the number of people who want to buy homes, according to a recent report from Standard & Poor’s/Case […]
Home buying fervor has driven home prices to their largest annual gain since 2005, according to a recent article in the Wall Street Journal. Evidently, home buyer interest – fueled by low mortgage rates as well as reduced inventories – helped drive prices up in 2013. Now, experts are saying that home buyers and home […]
The economic recovery is not just confined to one region of the United States, according to a recent news article. Evidently, a recent report from the U.S. Conference of Mayors noted that almost every city in the country is expected to see economic growth in the New Year! This is great news for everyone because it shows that […]
The sales of new U.S. single family homes fell only slightly in November in the wake of higher mortgage rates. Meanwhile, prices on new homes continued to rise, signaling to national housing market experts that the market truly is weathering higher mortgage rates, according to a recent news article. National Housing Market Showing Resilience, Experts […]
The housing market is on the mend and is not as grossly out of whack as it has been in years past, according to a recent USA Today article. Evidently, housing markets across the country are reporting that more homes are coming on the market and asking prices are leveling out. This all means that […]
More home builders are committing to projects across the nation, according to a recent Associated Press article. In May, home builders applied for permits to build single-family homes at the fastest rate in five years. This is a crucial improvement for the real estate market because it will help increase the available inventory of homes […]
The National Association of Realtors recently released some data that is sure to be encouraging for anyone thinking about selling a home. Evidently, existing home sales increased for the second month in a row in May to a level that is significantly higher than last year. What’s more, median home sales prices saw double-digit year-over-year […]
There’s Still Time to Get Into a New Ann Arbor Home! But you better hurry! With the holiday season just around the corner, many folks wouldn’t even consider making a move at this time of year. But with historically low interest rates, great deals still to be had, and Ann Arbor home prices beginning to […]
