Tag Archives: real estate

Lack of Inventory Continues to Impact Housing Market

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in … Continue reading

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Small Kitchen – Big View

by Linda Raveau City living is all the rage these days and Detroit is loaded with opportunities.  Having been born and raised in Detroit, I have seen the City go through many transitions and I’m really enjoying being a part … Continue reading

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THE TIME IS NOW TO BUY – 1% DOWN

As you’ve been hearing all over the news media, mortgage rates are still at record lows.  As an Accredited Buyers Representative (ABR), I work with buyers all the time and even though inventory is low and the search is harder, … Continue reading

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LOFT LIVING – DETROIT, MICHIGAN

So you want to live in a loft downtown Detroit?  Well that’s going to come at a premium cost if you want to be by all the action.   Lofts in the hub of things are getting between $300-$500 per square … Continue reading

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What Do You Need to Qualify for a Mortgage?

A recent survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want … Continue reading

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Homes Have to be Sold Twice

Every house on the market has to be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). In a housing market where supply is very low and demand is very high, home values … Continue reading

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NOW THAT SPRING IS HERE WHAT IS EXPECTED?

Lots of activity! Not only are the normal buyers going to be out shopping for a home this Spring but also those pent up buyers that were unmotivated with the extreme weather conditions this past winter.  Additionally the institutional investors … Continue reading

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