Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this ...
Continue ReadingThe housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. And there are some rumblings of higher interest rates to come. According to ...
Continue Reading“Past and future is determined by what is now…right now! This is why the present is a gift; the only one that ultimately matters most.” – T. F. Hodge I’m often asked about timing. Is now a good time to sell our home? When is a good time to buy? ...
Continue ReadingWhile my out-of-state friends sometimes accuse me of living in an Ann Arbor bubble, there are some areas where we Ann Arborites are truly insulated. Yet much of what is happening in real estate in markets elsewhere also applies here. We truly expect the housing market to be especially lively ...
Continue ReadingThis year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on by the health crisis have also forced ...
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