Home owners and appraisers have differing opinions when it comes to home values. The latest Quicken Loans National Home Price Perception Index shows that the average appraisal was 1.69 percent lower than home owners’ estimated value. The gap between home owner and appraiser values has been narrowing since June, when appraisals were 1.93 percent lower […]
Builders In Metamora Want To Bring Back Small Town Living
“picture Mayberry with high-speed Internet…” Builders are creating housing developments that offer a small town feel — which they believe many buyers are seeking in a community nowadays. A growing number of traditional neighborhood developments are looking to recreate village life, offering up old-style communities with “leafy streets of historic-looking homes with porches and sidewalks, […]
What 55-Plus Buyers Are Looking For
“baby boomers are expected to continue to have a major impact on the housing market …” Baby boomers say first impressions count when they enter a new community. They are closely sizing up neighborhood amenities like the pool, clubhouse area, and walking trails. They’re also looking at the location of the community, judging how near […]
Renovation Ideas Lapeer Home Owners May Want To Rethink
“some of the priciest renovations rarely pay off at resale…” Home renovation television shows give home owners big ideas about how they can spruce up their property. But some of these projects can open up problems for owners whose big remodeling dreams may not have been well-thought out. Realtor.com® recently spotlighted a few renovation plans […]
Buyer Traffic Strong, Sellers Still Hesitant
” buyer traffic in their market this summer was “strong” or “very strong,” while most described seller traffic as weak…” Housing demand remains strong this summer, even as inventory issues persist in many markets across the country, according to the REALTORS® Confidence Index for June. The majority of real estate professions said buyer traffic in […]
Home Sales Up As First-Time Buyers In Lake Orion Re-Emerge
“first-time buyers comprised 33 percent of the market last month, the highest level since July 2012“… First-time home buyers flooded the market last month, reaching their greatest share in nearly four years, according to NAR’s latest housing report. Existing-home sales climbed across the country in June, except for the Northeast, as the summer continued to […]
It’s A Good Time To Sell
“58 percent of home owners believe sellers have more power than buyers …” Fifty-two percent of home owners say now is a good time to sell in their neighborhood. This is up from 34 percent who said so last year, according to a survey conducted by the real estate brokerage Redfin. What’s more, 58 percent […]
Lake Orion! Home For Sale, 1090 Seabury Dr.
1090 SEABURY Drive, Lake Orion, MI Just Listed Description Photos Maps & Local Schools City of Lake Orion Meet Don Horne Print Brochure $ Click for current price3 BEDROOMS | 2 (2 full ) BATHROOMS | 1595 SQUARE FEET Follow This Home! Lake Orion Community Information Lake Orion Homes For Sale What Is Your Lake […]
Is The Election Spooking Some Buyers?
“people are uncertain about what a new president will mean for the real estate…” The presidential election is now in full force, and it may be deterring some buyers and sellers from making a move until after Election Day on Nov. 8, real estate professionals report. An article at realtor.com® says the election isn’t unusual […]
Rural Development Loans Just Got Better!
Rural Development Loans Just Got Better! Mortgage Broker, Linda Sinacola (PLB Lending – 248.931.9600) just shared with me that mortgage insurance has dropped drastically on the new RD mortgages! The upfront guarantee fee is now 1%, that’s down from 2% and the monthly mortgage insurance is now only .35% instead of .85%. Many areas qualify […]