Blog

1. People Are Still Moving, Even with Today’s Affordability Challenges

   Published 1 week ago

   People Are Still Moving, Even with Today’s Affordability Challenges If you’re thinking about buying or selling a condo or home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising. That much is true. Take a look at the graph below. It breaks down… read more

2. Foreclosures and Bankruptcies Won’t Crash the Housing Market

   Published 4 weeks ago

   Foreclosures and Bankruptcies Won’t Crash the Housing Market If you’ve been following the news recently, you might have seen articles about an increase in foreclosures and bankruptcies. That could make you feel uneasy, especially if you’re thinking about buying or selling a condo or house. But the truth is, even though the numbers are going up, the data… read more

3. Are Higher Mortgage Rates Here To Stay?

   Published 1 month ago

   Higher Mortgage Rates Are Affecting Purchase Power Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below): That can feel like a little bit of… read more

4. The Latest Expert Forecasts for Home Prices in 2023

   Published 2 months ago

   Are Home Prices Dropping or Increasing? Are you thinking about making a move? If so, all the speculation that home prices would crash this year may have you feeling a bit on edge about your decision. Let the data and the experts reassure you. Prices aren’t in a downward spiral and will actually finish the year strong. Even… read more

5. Ann Arbor Condo Market Update – Fall 2023

   Published 2 months ago

   Ann Arbor Condo Market Update for Fall 2023 The Fall 2023 condo real estate market is here and with it the hopes of a renewed increase in buyer activity. But first, let’s take a look at the statistics from the first half of the year. Year-to-Date Condo Stats Comparing statistics from the first half of… read more

6. Gen Z: The Next Generation Is Making Moves in the Housing Market

   Published 3 months ago

   Gen Z: The Next Generation Is Making Moves in the Housing Market Gen Z (Generation Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned… read more

7. How to Stop Renting and Become a First-Time Homebuyer

   Published 4 months ago

   The First-Time Homebuyer Plan Key Takeaways: Renting doesn’t help build a future Homeownership can be accessible Contact your trusted local agents for more on being a first-time homebuyer Many renters discover a universal truth—renting can often feel like it lacks long-term benefits. However, each monthly rent payment potentially reduces a landlord’s mortgage while increasing their… read more

8. How Inflation Affects Mortgage Rates Explained

   Published 4 months ago

   Exactly How Does Inflation Affect Mortgage Rates? When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here’s what you need to know. The Fed is trying hard to… read more

9. The Benefits of Downsizing for Homeowners

   Published 5 months ago

   The Benefits of Downsizing for Homeowners There may come a time in your life when a variety of circumstances make it necessary to downsize your living space. Here are a few of the benefits of downsizing from your current condo or home. Some Highlights Downsizing is a popular choice for homeowners when they retire or… read more

10. What Home Buyers Need to Know About Credit Scores

    Published 5 months ago

    Credit Scores are a Big Piece of the Lending Puzzle If you’re thinking about buying a condo or home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a loan. Lenders review your credit to assess your ability to make payments on time, pay back debts,… read more