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

Articles on #realestatemarket

Michigan Fastest Growing Areas and Trends

August 15, 2022

There are 7 communities in Michigan that have seen a considerable rise in both home prices as well as population.  1: Rockford - This city has seen a 13.9% year-over-year growth rated.  The home prices as compared to the same period a year ago are up 15.6%.  The average sale price is $370,...

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Extremely Delinquent Mortgagors Struggling to Recover

May 13, 2022

Extremely Delinquent Mortgagors Struggling to RecoverThe nation’s delinquency rate in the U.S. in Feb 2022 hit its lowest recorded point since January 1999 according to CoreLogic.  In February 2022 it is report that some of 3.2% of all mortgages in the country were in some stage of delinquency.  This is defined as being at ...

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Extremely Delinquent Mortgagors Struggling to Recover

May 13, 2022

Extremely Delinquent Mortgagors Struggling to RecoverThe nation’s delinquency rate in the U.S. in Feb 2022 hit its lowest recorded point since January 1999 according to CoreLogic.  In February 2022 it is report that some of 3.2% of all mortgages in the country were in some stage of delinquency.  This is defined as being at ...

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7 Things Every Buyer Should Know in This Market

May 09, 2022

The real estate market is on fire right now. More than 80% of Americans ages 18–34 said now was a bad time to buy a home, and the median home-sale price reached a record high of $365,000 in January. That’s a 28% increase from January 2019! The inventory simply hasn’t kept up with buyer demand. ...

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Reasons You May Want to Wait to Sell

April 11, 2022

It’s no secret that the Lenawee housing market is going a mile a minute right now. Homes are still selling fast and for over the asking price. Of course, this sounds like an ideal time for someone to sell and take advantage of this market, right? But, where will you move?If you want to sell and take ...

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Last Year's Housing Market Was a Wild Ride... Here's What to Expect in 2022

February 14, 2022

Last Year's Housing Market Was a Wild Ride...Here's What to Expect in 2022The US housing market has had a white hot year. Home sales are on track to reach the highest level in 15 years, with an estimated 6 million homes sold in 2021. But whether you benefited from this surge depended a lot on ...

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Rent or Buy a Home getting complicated

January 10, 2022

https://www.cnbc.com/2022/01/06/should-you-rent-or-buy-a-home-the-answer-is-getting-more-complicated.html...

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Home Prices Are Soaring. Is That the Fed's Problem?

August 12, 2021

Robert S. Kaplan, the president of the Federal Reserve Bank of Dallas, has been nervously eyeing the housing market as he ponders the path ahead for monetary policy. Home prices are rising at a double-digit pace this year. The typical house in and around the city he calls home sold for $306,031 in June of this year, Zillow ...

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3 Best Tips For Buyer's Agents In A Seller's Market

May 13, 2021

The real estate game has gone tougher this year with the low inventory and homes selling fast like hotcakes (for about 20-40% above the asking price!). It's no doubt a seller's market this year and agents commonly go through a bidding war given the low supply and the high demand. We have new agents who just ...

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Home sales hit 14-year high in 2020, pushing prices to record levels

February 16, 2021

By Anna Bahney, CNN BusinessLast year brought skyrocketing unemployment and a global pandemic that battered the economy, but people were still buying homes. Existing home sales in 2020 rose to the highest level in 14 years as prices climbed to a record high.Home prices rose 9% in 2020 from the year before, with the annual median price of ...

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How the holiday season impacts the Real Estate market!

November 25, 2020

The timing of buying and selling homes are linked through several factors. It is common for buyers to work in a quicker time frame than most sellers when finding either the right time to buy or the best time to sell. While the holidays can be known for the joy and cheer that is around, it is also one ...

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