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

Articles on #michiganrealestate

Red-Hot Housing Market

April 15, 2022

Red-Hot Housing MarketAs we all know these days it is hard for a buyer to find a home due to the lack of inventory as well as homes often going into multiple offers.  Buyers are waiving inspections, offering significantly over asking and sometimes still not getting the offer accepted.  It is a Red-Hot Housing market.  However, ...

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Watch Out For Those Critters

April 14, 2022

Owning and managing real estate can sometimes have challenges, especially when it comes to dealing with critters. Depending on the part of the U.S. you reside in, you may encounter scorpions, snakes, ants, termites, mice, rats, squirrels and raccoons, just to name a few. While some can be damaging to a property or structure, others can prove damaging ...

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Spring Home Maintenance Tips!

March 15, 2022

As we head into Spring and the sun starts shinning longer and the ground starts to thaw, I’ve prepared tips to make sure your home is ready!Look at your roof shingles – Ensure you don’t have any missing or loose shingles.  Any that are cracked or buckled need to be replaced.  Make sure to ...

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What Buyers Are Looking For In 2022

March 09, 2022

Selling your home in 2022 is an excellent idea as property values are expected to continue to increase after a record 2021. If you’ve been thinking to yourself, “I should sell my home,” but you’re not entirely sure what buyers are looking for in 2022, you’re in the right place. In this post, we’...

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Michigan First Time Home Buyers Savings Program

February 11, 2022

Michigan Whitmer Signs Bills into Law The new laws create savings for first-time homebuyers and adds judges to areas with high caseloads LANSING, Mich. - Governor Gretchen Whitmer today signed House Bill 4290 and Senate Bill 145 to lower costs for first-time home buyers by creating tax-exempt saving accounts and allow Michiganders to deduct contributions from their taxes. The ...

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REAL ESTATE NEWS

February 11, 2022

REAL ESTATE NEWSAs 2021 came to an end it showed a year of historically low mortgage rates. The market even saw it dip below 3%. Realtor.com expects that rates will rise this year and likely hover around 3.3 and possibly reaching 3.6% by the end of the year.Inventory likely will remain low as we enter ...

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What Will 2022 Real Estate Trends Be?

January 14, 2022

With mortgage rates predicated to stay below 4% for the next year it is likely that the trend of homes selling quickly will continue as homes nationally on average sold in under 25 days or less per Forbes.com. It isn’t likely that the market will drastically shift and become a buyers’ market, Sellers still will likely achieve ...

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Year End 2021 Real Estate News

December 14, 2021

As the year comes to an end for 2021, the average homeowner has continued to gain home equity as home prices have seen a record growth level in more than four decades.  Per Corelogic reports, between the end of 2020 and now 2021 the average home gained about $57,000 in equity.   The average sale price ...

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Preparing Your Home For Winter

November 12, 2021

Preparing Your Home for WinterIt is that dreaded time of year when the snow will be here before we’d like it to be, the sun sets earlier and it is colder than we’d like.  Before these days are here use these few steps below to ensure your home is ready.  It could save you money ...

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NEW FEMA FLOOD INSURANCE RATES – WHO’S EFFECTED?

October 14, 2021

Starting 10/1/2021 new FEMA flood insurance policies and later will be priced using a Risk Rating 2.0.  Policyholders that are eligible for renewal can take advantage of decreased rates.  In cases where premium increases they will be capped at18% a year and will gradually increase until your new full flood insurance rate has been reached under ...

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Available HUD Home In Bloomfield Twp. MI

October 14, 2021

HUD Home. Cozy brick ranch nestled on a great lot featuring a nice size eat in kitchen with plenty of cabinet space. A great family room with a natural wood burning fireplace and sliding door to the patio area overlooking the back yard. Master bedroom with full bath, attached garage and much more. With 3 bedrooms,  2 full ...

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Fall Maintenance Checklist

September 14, 2021

When the last of summer's heat is becoming a memory, and you start pulling out hoodies more than your shorts, it's time to take on a few simple chores that'll make winter more pleasant and avoid any surprises in the spring.This fall checklist helps:Stow your mower – make sure to clean the blades and inside ...

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Millennials are looking for dream homes, but Michigan’s competitive housing market keeps them out of reach

September 07, 2021

A promotion, a pay raise and a 30th birthday all felt like the right time for St. Clair Shores resident Justin Donoghue to purchase his first home.As he enters his seventh month of house hunting, he’s been outbid five times.“It’s just been really disheartening to fall in love with a home, write my cutesy ...

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What caused the shortage of homes on the market?

August 15, 2021

Currently, we are experiencing an unprecdented shortage of homes on the market across the nation.  Almost every major Real Estate market is seeing multiple bids on almost every fair priced home and several buyers competing for the same home.   Many people have asked me what has caused this shortage.Here is what happened from my perpsective.  ...

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Summer Home Maintenance - To Do’s

August 13, 2021

Summer is a great time to work on those home maintenance projects!  I’ve compiled a list of To Do’s for the exterior of your home!    Power wash your driveway & sidewalks – After ensuring weeds are removed from any cracks, use a pressure washer to give your area a good cleaning to wash ...

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Top 4 Questions Asked About HUD Homes

August 10, 2021

Everyday we get calls and emails regarding HUD Homes.  Here are the top 4 questions we are asked. 1. What Is A HUD Home?The HUD Homes we sell are homes the previous owner had an FHA mortgage on, HUD backed that mortgage. So when the owner defaulted on the mortgage, it becomes a HUD Home.2. ...

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