October, 2016 Real Estate Market Update

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The 2008 recession took most by surprise. In hindsight, understanding the phases that make up a typical real estate market cycle should give us insight to where our market will move in the future. In his...
August, 2016 Real Estate Market Update

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In discussing the 2016 summer market, Jonathan Smoke, realtor.com’s chief economist said, “The best spring in a decade has transitioned into the hottest summer in a decade”, and went on to name two...
What's the Cost of a Home Appraisal?

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If you need a mortgage to buy a home, your lender will require a home appraisal—where a professional estimates the value of your place to make sure it’s at least enough to cover the mortgage. While the...
July, 2016 & Q2 Real Estate Market Update

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While overall 2nd Quarter market activity was up slightly in most markets and down slightly in a few, values as measured in “Price per Square Foot” ($/SF) were up in all Southeast Michigan markets,...
4 Tips for Buying a Fixer-Upper

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So you’ve set your sights on a home that, to put it mildly, needs a little repair work. The stairs are creaky, and you’ve noticed a leak (or three). Still, your mind is made up. What’s a love-struck home...
June, 2016 Real Estate Market Recap

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Many consumers are questioning, “Where are we in our housing recovery? At the middle? End? Or are we even heading towards another bubble?” Let’s take the “bubble” question first.