Call Today! (734) 737-9600

Blog

3 Important Factors That Affect Your Real Estate Transaction

The real estate market is quite different from other markets and can be confusing for even the most experienced buyers and sellers. You will need the help of a real estate agent whether you are an experienced buyer or doing it for the first time. Even with the help of an agent, you can educate yourself on some of the basic elements of a real estate transaction in order to make yourself more comfortable throughout the process. Here are 3 things that you should be aware of before you start a real estate transaction: Market Demand And Sales Price There…
Read More

What’s Ahead For Mortgage Rates This Week – November 5th, 2018

Last week's economic news included readings for Case-Shiller Home Price Indices, Commerce Department readings on construction spending and the University of Michigan's reading on consumer confidence. Labor sector reports on jobs growth and the national unemployment rate were posted along with weekly readings on mortgage rates and first-time jobless claims. Case-Shiller: Home Price Growth Lowest in 20 Months; Construction Spending Falls Home price growth hit its lowest pace in 20 months according to Case=Shiller's 20-City Home Price Index for August. Home prices grew by 5.80 percent year-over-year as compared to July's growth rate of 6.00 percent. Analysts said that slowing…
Read More

What Does A Home’s Energy Rating Imply?

Your home's energy rating is an evaluation of your home's overall energy efficiency. If your house's rating is high, it means your potential for energy loss is also high. Bringing your rating numbers down means that your home is becoming more energy efficient.  Your home's energy rating is based on several things. When your energy company does a home energy audit, they are looking for ways that your home or its components are wasting energy. A low rating means that a home is more energy efficient than one with a higher number. For example, if a home is rated at…
Read More

How To Cut A Great Deal On A New Home Construction

Savvy home buyers often get great deals on new home constructions by asking for deals and discounts and doing some up-front research.  Home builders often dislike offering steep discounts in sales prices because they want everyone in the community to feel like they bought their property at a fair price. Maintaining sales prices also helps with future home appraisal values. It helps all of the buyers in a neighborhood to keep sales prices consistent and growing.  Fortunately, you can still get great discounts that can reduce the cost of your new home. Ask the builder if they can do the…
Read More

Case-Shiller: Home Price Growth Slows to 20-Month Low

Home price growth slowed to its lowest rate in 20 months according to the 20-City Home Price Index issued by Case-Shiller. After years of dismal readings, Las Vegas, Nevada led the cities included in the index. Top three cities for August included Las Vegas, Nevada where year-over-year home prices grew by 13.90 percent. San Francisco, California saw home prices increase by 10.60 percent year-over-year and Seattle, Washington home prices rose by 9.60 percent year-over-year. August's 20-City Home Price Index overall reading fell below six percent for the first time in a year. Cooling Home Price Growth Helps Balance Housing Markets…
Read More
Skip to content