Former homeowners who have gone through a foreclosure in the past few years, even as recently as twelve months ago, may now be qualified to buy a home once again. An FHA program called ‘Back to Work’ allows the purchase of a
Predictions are always tough but here is what we think is going to happen this year in the greater Lansing real estate market. Unit sales will increase at a more historical norm of about 3.8%. The inventory of saleable property is constrained and
Unit sales the last two years have exceeded any year since 2006, however average selling prices are still over 22% below the peak years of 2006 and 2007. What does this mean for buyers and sellers? For buyers we interpret these statistics
Tomie Raines, Inc. REALTORS Rating System Gives Consumers Final Word Tomie Raines, Inc. REALTORS®, (http://www.tomieraines.com), the only solely woman-owned major real estate company in the mid-Michigan area expands their use of an online agent rating system to include RatedAgent.com, allowing for greater
Motivated buyers are plentiful right now in greater Lansing. What is not plentiful is saleable listings. What does this mean for buyers? Sellers now have more leverage and consequently make fewer, if any, concessions in negotiations. Average selling prices are rising as
It is pretty apparent that a home buyer can avoid the risk of unanticipated problems by simply purchasing a home warranty and also avoid potential mediation or litigation. But what about home sellers? The National Home Warranty Association has reported that, on