Tag Archive: home buying

How a Change in Mortgage Rate Impacts Your Homebuying Budget

Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: “Since January, mortgage rates have increased half a ...

Continue Reading

3 Best Practices for Home Buyers Right Now

It’s not much of a secret: finding and purchasing an ideal home is really, really tough right now. Clients of mine got a little discouraged recently when they missed out to seven other offers — one cash — on a home that went well above asking. What did I tell ...

Continue Reading

3 Reasons We’re Definitely Not in a Housing Bubble

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 Reading

Accelerants in the housing market? Demand and low interest rates

Ann Arbor Real Estate Numbers Any fool can know. The point is to understand. — Albert Einstein I try not to get too excited. I aim to always be a calming influence with clients. But the sales activity from November blew me away. And I’m trying to put it into ...

Continue Reading

Buying Church Street: A Case Study

Not a day goes by where I don’t think about how much value I try to create for my clients and friends. Whether it’s working with a buyer or a seller, I am always focused on earning trust and being a resource. I spend a lot of time vetting and ...

Continue Reading