The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.
Should You Rent Your House or Sell It?
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. According to a Harris Poll survey, 28% of homeowners have considered using a rental service to temporarily rent out their home for additional income.
Lower Mortgage Rates Are Bringing Buyers Back to the Market
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.
How You Price Your Lapeer MI Home Will Make A Big Difference In Time & Money – Team Success Listing LLC
How You Price Your Lapeer MI Home Will Make A Big Difference In Time & Money – Team Success Listing LLC Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your Lapeer MI home soon, that means you’ll want […]
Where Will You Go If You Sell? You Have Options.
There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.
The 2-1 Buydown, What It Is and How It Works For Buyers – Team Success Listing LLC
The 2-1 Buydown, What It Is and How It Works For Buyers – Team Success Listing LLC Do you want to buy a home, but the current interest rates are too high? Learn how to get 2% off your interest rate in the first year and 1% off in the second year with our FREE […]
Why It Makes Sense To Move Before Spring
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes sense to move before the spring market picks up.
Home Values In Davison MI, The Worst Maybe Over – Team Success Listing LLC
Home Values In Davison MI, The Worst Maybe Over – Team Success Listing LLC Whether you’re already a homeowner or you’re looking to become one in Davison, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what […]
Why You Shouldn’t Fear Today’s Foreclosure Headlines
If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know the truth about what’s happening today. Here’s a deeper look.
The 3 Factors That Affect Home Affordability
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: