K.M. Minemier & Associates is a certified Woman Owned Small Business (WOSB) engaged in full service real estate asset management and marketing.

HUD Articles

Jan 30, 2024 Single women are winning real estate in Michigan

February 10, 2024

AXIOSJan 30,2024Brianna Crane,Annalise Frank Single women in Michigan own more homes than single men.Why it matters: Sixty years ago, women couldn't even get a credit card or a mortgage without a male cosigner. Now, the share of the single woman in the U.S. ellipse that of the single men. Driving the news: Nationwide, ...

Read The Full Article


Home buying in the Spring 2024

February 09, 2024

Springtime is often considered the busiest season for the real estate market, and spring 2024 is no exception. As the weather warms up and flowers start to bloom, many potential buyers are eager to find their dream home. However, with a surge in buyer competition, it's essential to know how to get ahead in the game. In this ...

Read The Full Article


2024: Is it a Buyer’s or Seller’s Market?

February 07, 2024

2024 will be a terrific market for sellers. (And buyers, too!)Home prices in Illinois are rising and will continue to rise till the supply-demand dynamic changes. The number of houses for sale in IL was 37,000 in September 2023. This is close to the 45K homes in the summer of 2023, a period that is regarded as ...

Read The Full Article


HOUSING MARKET PREDICTIONS FOR 2024

February 07, 2024

Housing market predictions for 2024Published February 05, 2024Written by Ruben CaginalpEdited by Michele PetryThe Bankrate promiseMore infoAt Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation for how we make money .Key takeawaysLow levels of inventory mean ...

Read The Full Article


Solved! Should I Paint My House Before Selling It?

February 07, 2024

https://www.bobvila.com/articles/should-i-paint-my-house-before-selling/Solved! Should I Paint My House Before Selling It?Are you wondering, “Should I paint my house before selling?” The answer depends on the shape that your interior and exterior walls are in. Consider these tips to determine what to do before selling your house.Several factors can determine how much your home is worth, ...

Read The Full Article


The Importance of Being Preapproved in 2024

February 07, 2024

In the dynamic landscape of the 2024 real estate market, securing a preapproval is not just important; it's essential. With shifting economic conditions, fluctuating interest rates, and evolving lending standards, homebuyers need to arm themselves with the strongest possible position before entering the competitive arena of real estate transactions.A preapproval serves as a crucial step in the ...

Read The Full Article


Mortgage Rate Forecast for 2024

February 05, 2024

Will Mortgage Rates Go Down in 2024?Mortgage interest rates have been rising like crazy over the last few years, thanks to the Federal Reserve (also known as the Fed) repeatedly raising the federal funds rate. But will that trend finally start heading in the other direction in 2024? Yep! In fact, it already has.Average interest rates across ...

Read The Full Article


Does your 'date-the-rate' advice constitute deceptive advertising?

February 03, 2024

Does your 'date-the-rate' advice constitute deceptive advertising?Recently, mortgage loan originators have been using the following phrases, along with others, to draw in reluctant buyers. It may be difficult to tell which of these are simply good advertising and which could be a potential pitfall in your marketing. Let’s take a look at several phrases ...

Read The Full Article


First look at the 2024 market

February 01, 2024

Dr Lawrencee Yun,  the cheif economist for the National Assn of Realtors, expects a few changes in the market for this year.First he expects there will be more sellers coming on to the market.  He said that sellers have been able to hold on for a few years and not go on the market, but life ...

Read The Full Article


Home Staging Tips to Maximize Selling Potential

January 29, 2024

Title: Elevate Your Space: Home Staging Tips to Maximize Selling PotentialWhen it comes to selling your home, first impressions matter. Potential buyers form opinions within seconds of stepping through the door, making it crucial to present your home in the best possible light. Home staging is a powerful tool that can help you highlight your property's strengths and ...

Read The Full Article


Economical Upgrades to Increase Your Home’s Value

January 29, 2024

Whether you are looking to move now or may consider it in the future, there are many affordable options for making significant changes to your home without having to do a major renovation. With low-cost purchases of supplies, DIY instructions or professional guidance, and time set aside, you can make improvements that will increase your home’s resale value, ...

Read The Full Article


Gov. Gretchen Whitmer to announce plan for 10,000 new homes in Michigan

January 26, 2024

Simon Schuster, mlive.comJanuary 23rd 2024 Gov. Gretchen Whitmer plans to announce the state will set aside nearly $1.4 billion in funding to build or rehabilitate housing throughout the state.The announcement will be part of the governor’s State of the State address Wednesday, according to Whitmer’s office. They said the funding would be enough to ...

Read The Full Article


Bad Habits Home Buyers Should Break in 2024

January 25, 2024

Many people look at the new year as an opportunity to make resolutions to let go of old habits and adopt better, healthier ones. And if you’re planning on buying a home in 2024, you can also apply that same mindset to the home-buying process.So, what bad habits can you leave behind for a better home search ...

Read The Full Article


Don't Let Your Pipes Freeze!

January 16, 2024

Don’t Let Your Pipes FreezeBy Tom Nelson, HUD LLB-Real Estate One-Rochester, MIBuying a HUD Property Series January 2024Winter is just around the corner and in much of the country this means temperatures below freezing.  With those cold temperatures comes snow, sleet, freezing rain and ice.  The cold weather can be a risk to plumbing.Water is ...

Read The Full Article


Is the Illinois Housing Market Slowing Down?

January 15, 2024

November year-over-year home sales in Illinois witnessed a decline, primarily attributed to the scarcity of available housing inventory, according to data from Illinois REALTORS®.In November 2023, statewide home sales, encompassing both single-family homes and condominiums, totaled 9,508 homes, marking a 10.1 percent decrease compared to the 10,581 sold in November 2022. Additionally, the monthly median ...

Read The Full Article


14 ways to prepare your home for Winter

January 15, 2024

1. Get your furnace serviced.2. Reverse your ceiling fans.3. Prevent ice dams.4. Have a roof inspection.5. Caulk your windows and doors.6. Clean the gutters.7. Divert water from downspouts.8. Turn off exterior faucets.9. Winterize your sprinkler system.10. Mulch leaves when you mow lawn.11. Prepare to stow your mower.12. Don'...

Read The Full Article


Freezing Temps and Pipes

January 15, 2024

As a good portion of MI and surrounding states experience frigged temperatures well below freezing you may be worried about frozen pipes.  Frozen pipes are a homeowner’s worst nightmare in the winter. Not only do they prevent your water from flowing, they also pose a huge risk for bursting if quick action isn’t taken. Knowing what ...

Read The Full Article


Finding the right Realtor

January 15, 2024

Buying or selling a home is a monumental life event, and finding the right Realtor to guide you through the process can make all the difference. With so many agents out there, selecting the best one can feel daunting. But fear not! This guide will equip you with the knowledge and strategies to discover your real estate perfect match....

Read The Full Article


The Latest 2024 Housing Market Forecast

January 15, 2024

The new year is here, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to say about what’s ahead for the housing market. Spoiler alert: the projections may be better ...

Read The Full Article


Michigan Real Estate Market Prediction 2024

January 14, 2024

Michigan Real Estate Market Prediction 2024 Home Sellers Will Return to the Market in 2024: Sellers who chose the sidelines in 2023 will come back. Especially those who can’t avoid new jobs or want to move to a cheap place. Whitney, the analyst who predicted the 2008 financial crisis accurately, has forecasted that baby boomers looking to downsize ...

Read The Full Article


Market report from Northern Illinois

January 12, 2024

This morket continues to be tight, with few homes to choose from, slightly rising prices and multiple offers, and interest rates higher than the norm of the past years.Buyers remain discouraged, and complain that they are being priced out the markets they could have afforded a year otr two ago.Escalation clauses, where the buyers make an offer ...

Read The Full Article


Exclusive Listing Period Priorities ~ Owner Occupancy

January 12, 2024

A primary goal of HUD in selling HUD homes is to provide housing ownership opportunities to those who plan on being owner occupants. An owner occupant is defined as someone who intends to occupy the property as their primary residence for at least 12 months and has not purchased a HUD home, as an owner occupant in the past ...

Read The Full Article


Is January and February a good time to buy a house?

January 11, 2024

IIf you're in the market for a new home, you might wonder when it’s the best time to buy. After all, seasonal real estate patterns can affect factors like housing inventory and home prices, making certain times of the year better than others for homebuyers.With less competition, you can potentially get a better deal. Therefore, ...

Read The Full Article


Advantages to Selling Your Home in the Winter

January 10, 2024

Advantages to Selling Your Home in the WinterOkay, huddle up, home sellers. Let’s unpack the perks of selling when the air gets chilly.1. You’ll face less competition.Come spring, more sellers will flood the market and your home will be just another fish in a great big pond. But in winter, you’ve got a limited ...

Read The Full Article


Winter Energy-Saving Tips for Your Home

January 10, 2024

Winter Energy-Saving Tips for Your HomeAs the winter chill sets in, it's not just our bodies that need warmth – our homes do too! However, heating our homes can often result in skyrocketing energy bills. The good news is that there are numerous ways to save on heating costs while keeping our homes cozy and comfortable. In this ...

Read The Full Article





top