5 Common Mistakes to Avoid in Real Estate
January 12, 2023
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2022 Lenawee County, Michigan, Year End Review
January 09, 2023
We are excited to begin 2023 with a year end review of 2022 of home sales in Lenawee County, Michigan. Through a hot market, covid precautions, and many new challenges presented last year, we managed to thrive! We are looking forward to 2023 and what it may bring, but let's take time to reflect on last year'...
How to Prepare Your Home for the Season
December 09, 2022
If you're preparing your home for fall and winter, you're probably looking forward to family gatherings and other holiday fun. However, you may run into seasonal challenges if you also plan on selling your home during this busy time. Distracted buyers, home staging issues, and the end of daylight savings time offer prime examples.Are you preparing ...
Here's What Experts Have to Say About the Fall Real Estate Market
November 08, 2022
Leaves are not the only thing falling as we enter the autumn season. So are home prices. But just like the leaves take their time to transition from one color to the next, home prices are also falling slowly. This slow transition means that if you're in the market to sell your home, it's still a good ...
Will I Be Able to Afford More House Next Year Than I Can Right Now?
October 10, 2022
When should you buy a home in the current market? There's no doubt this market is confusing, with one expert recommending selling now to get peak value for a home and others saying to wait for the market to correct. If you're buying, your perspective is much different. You want to save money but still have your ...
Buying or Selling in the Next 12 Months: What You Need to Know Today
September 08, 2022
There are many different reasons you might be thinking about selling your home. Perhaps you want to downsize (or upsize), perhaps you want to take advantage of the market, or maybe you need to move to another area of the country for your company. Regardless of the reasons, there are many things to consider before you speak with a ...
When Will Home Prices Come Down?
August 09, 2022
As the market continues to shift, more and more questions are being asked about how home prices will behave in the coming months. Will home prices continue to rise, or will they finally start to come down? If you’ve been interested in selling your home and/or buying a new one but have been intimidated by the fast-moving market, ...
Is My Window to Buy a Home Finally Opening?
July 11, 2022
The housing market was red hot for months. Mortgage rates were low, and the competition for homes was fierce, with many people paying far above the asking price. Buyers were snapping up homes within hours of being listed, leaving many frustrated in their search.Usually, low-interest rates signal that it’s prime time to buy, but in 2021, the ...
How a Real Estate Agent Can Help Before, During & After Your Home Sale
June 09, 2022
The vast majority of people hire a real estate agent to help them sell their homes. In fact, 92% of homes sold in the U.S.in 2021 were sold using an agent or a broker. Of course, most people know how invaluable and helpful a real estate agent is during the selling process. But most people don'...
Hidden Fees To Be Aware of When Purchasing A Home
May 16, 2022
Purchasing a home is arguably one of the biggest financial decisions you will make in your lifetime. As you start your hunt, don't forget there will be other costs associated with your purchase then the price of the home. Here are 5 fees to keep in mind as you begin to budget.Home inspection. This is a crucial ...
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. ...
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 ...
What are the risks of waiving a home inspection?
March 15, 2022
What are the risks of waiving a home inspection?A home inspection is a standard part of the homebuying process. After a buyer’s offer is accepted, the buyer hires a licensed professional who checks the wiring, flushes the toilets, peers into the attic and tests the heating and air conditioning systems.In a buyer’s market or a ...
Preparing to Buy Spring 2022
March 11, 2022
Preparing to Buy During the Spring 2022 Homebuying SeasonIn the coming months, mortgage rates and home prices are forecasted to rise. This will cut into your buying power, so it’s important to begin preparing financially as far in advance as possible. Building your credit score can help you qualify for a lower mortgage rate. You’ll want to ...
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’...
Showing Agent Reminders and Responsibilities
March 08, 2022
Showing Agent Reminders and ResponsibilitiesWhen you show a home, you are taking on a great deal of responsibility. You are not just there to be “Vanna White”. You are expected to be aware of the showing instructions, before you go into the home, and are expected to convey them to the buyer. ...
WHAT NOT TO AKS THE LISTING AGENT OF A HUD HOME
February 21, 2022
WHAT NOT TO ASK THE LISTING AGENT OF A HUD HOMEThe phone call typically starts the same way. The agent that just showed the house says “How many offers do you have?” The Listing Agent is never able to answer this question on a HUD Home. All offers are submitted online, directly from the ...
After a frenzied 2021, the coming year could bring stability to the housing market. But don’t expect prices to go down.
January 14, 2022
After a frenzied 2021 housing market, the coming year could bring a small measure of relief for prospective homebuyers.But the market won’t go cold, real estate industry professionals predict.Rather, changes in home price growth, the supply of homes for sale and upticks in rock-bottom interest rates are more likely to stabilize the market after an unpredictable ...
In the Market for a New Home?
January 12, 2022
There are some fantastic deals on HUD-owned properties in our market. However, these homes can be a challenge to find online, and I would love to get to work helping you find the best-priced homes. When are you planning to move? C.R.M. EnterprisesDelivering Results708-966-9282hud@chrishamitchell.com www.searchchicagohomesforsale.com Equal housing opportunity....
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...
Buying Vs. Renting Your home
September 15, 2021
Is now the right time for you to buy a home? You have many options to consider and choices to make. Buying a home is a big responsibility, financially and emotionally, but, most people want to own a home. Homeownership often is referred to as "The American Dream." Why is it so special? Among the reasons: Real ...
Helping Your Clients Choose A Home Warranty: Price Isn’t Everything
September 14, 2021
Among the many decisions that homeowners must make during the homebuying process, choosing a home warranty, whether offered by the seller or purchased by the buyer, is among the many decisions that homebuyers must make. If offered by the seller, the buyer may have some say so in choosing the warranty company, given that some contracts only specify a ...
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 ...
TOP 5 QUESTIONS I’M ASKED AS A REAL ESTATE PROFESSIONAL
July 15, 2021
TOP 5 QUESTIONS I’M ASKED AS A REAL ESTATE PROFESSIONAL 1: How Much Do Real Estate Agents Charge? Typically, you aren’t paying a real estate agent to help you find your dream home. A home seller pays their real estate agent a percentage of the home sale price, and that agent pays the buyer’s ...