Posts from: Sellers
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When mortgage rates dip, the housing market can see a bit of relief, as lower rates make moving up or downsizing more feasible for homeowners.
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In Michigan's bustling real estate landscape, a significant challenge has emerged in recent times: a shortage of housing inventory. This scarcity isn't just a minor hiccup but a significant factor shaping the dynamics of buying and selling homes across the state. Let's…
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If you're among the many who have puzzled over when it’s the ‘right time’ to buy a home in Southeast Michigan, you’ve probably found the answer to be elusive and volatile. Monday’s convincing solution can be suspect by Wednesday—and even flimsier by Friday.
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Around this time every year, crazy weather conditions wreak havoc on various parts of the North American continent. Southeast Michigan neighborhoods don’t have to be threatened directly to have local homeowner nerves on edge, either.
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When it comes to American home prices, Shiller is The Man. The Case-Shiller U.S. National Home Price Index has become the benchmark reference tracking residential real estate prices.
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Throughout the sustained run-up in home prices, there’s been sporadic speculation that a reversal must be imminent—possibly driven by a natural urge to assume that too much good news is bound to invite a corresponding nosedive. Throughout the run-up, the commonly…
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A debt can be judged ‘good’ or ‘bad.’ The key question is, “does it help generate income or build net worth?”
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A University of Michigan study may have determined that consumers placed the value of a “landscaped home” as 11.3% higher than the same home “without good landscaping.” That’s an impressive calculation, but as Corcoran points out, it requires more detail to be…
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Like all investors, housing market investors don’t like uncertainty. Sometimes it reflects internal management strife—although that wasn’t the case in this instance.
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That first impression is powerful. For owners preparing their homes for sale the 8-second test is useful. Buyers make their decisions in that amount of time.
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The remodeling industry has been battling supply chain disruptions for more than a year now—yet if last week’s release of the National Association of the Remodeling Industry’s 2022 Remodeling Impact Report is correct, many of those challenges here in the U.S. are…
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Our real estate market’s surges of activity are next to impossible to forecast with any degree of precision. Since intervening events can negate even the most well-grounded projections, it’s wise to keep in mind how tentative any reading of the underlying tea leaves can…
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