Tuesday, January 3, 2023 / by Jason Salem
NOVEMBER SINGLE-FAMILY HOME SALES STATISTICAL HIGHLIGHTS
Navigating NovemberBuyers, Sellers Work to Set a Course through Rising Mortgage Rate
November – National Real Estate Commentary
Housing affordability continues to be a major roadblock for market participants, with mortgage rates more than double compared to this time last year. Buyers are delaying home purchases in hopes rates will drop, while many sellers are holding off on listing their homes due to weakening buyer demand, unwilling to trade in their current lower rates for significantly higher borrowing costs on their next property. As a result, existing-home and pending home sales have continued to slow as we move into winter.
Closed Sales decreased 31.1 percent for Residential homes and 31.0 percent for Condo homes. Pending Sales decreased 31.2 percent for Residential homes and 28.2 percent for Condo homes. Inventory increased 11.6 percent for Residential homes and 3.6 percent for Condo homes. ...
Friday, January 23, 2015 / by Renee Sumpter
Don’t feel like cooking, and looking to try something new? Whether you are new to the Shelby Township area or you’re just looking for a new place to dine at for dinner, this list should help you find what you’re looking for. As a local business in the area, we love to support other local businesses and we have compiled a list of a few of our personal favorite Shelby Township restaurants.
Tuesday, December 30, 2014 / by Renee Sumpter
Whether you are moving into a new house, an apartment, or even a new state it doesn’t have to be a stressful experience. If you start planning early and follow this simple timeline, you should have a successful move. This list will keep you on track so that you don’t forget anything and enjoy moving into your new home! And always be sure to check with your Real Estate Agent before making any crucial changes as closing dates are always subject to change and can affect your moving timeline.
Download our free printable checklist: Moving Checklist
5 WEEKS PRIOR
If you are planning on using a professional moving company, get a few different quotes and check reviews to find the best deal. Or if you will be doing the moving yourself, make plans to rent or borrow a vehicle.
Create a “Moving Binder” to keep track of quotes and important documents.
If this is a long distance move, begin compiling school and med; ...
Monday, December 22, 2014 / by Renee Sumpter
So you’ve decided to sell your home. Congratulations! This is a very exciting time for people, but it can also be quite stressful. Here are 9 easy and affordable tips to make your home look its absolute best.
Thursday, December 18, 2014 / by Renee Sumpter
When deciding if it is the right time for you to buy, you will hear a lot of differing opinions on the subject and it can be difficult to weed out the facts from fiction. There are some important factors to consider when deciding whether home ownership or renting makes more sense for you. Here are the facts: