The Old: Flipping Houses After the housing market bubble burst and even continuing through last year institutional and cash buyers rushed to the market to gobble up low priced distressed property, in most cases looking for quick profits on the fixing up
Pent up demand, historically low interest rates, and an inventory shortfall early in the year has contributed to the emergence of multiple offer situations. Though listing inventory has strengthened in recent months and mortgage interest have risen about a percentage point, homes that
The process of buying a home today has evolved a great deal over the past ten years and if a potential buyer has not done their homework on the current market they might be suffering from some misconceptions that are negatively influencing their decisions.
Average selling prices have continued to rebound and mortgage interest rates have increased, so does it make sense to become a home owner instead of a renter? For people with a job and a reasonably strong credit score who expect to live
Hiring a professional REALTOR to represent you in a real estate sale is the most critcal decision you will make, but often it is made in the most haphazard way possible for the poorest of reasons. Would you select a medical, legal,
This is the big question on many people's minds and the answers vary. There are discussions of a ‘housing bubble’ created by rapidly increasing prices crushing demand or that increasing interest rates will reduce purchasing power which will force prices down. Other
There are three important reasons to consider buying a home now. 1. Prices in most of greater Lansing are rising and are expected to continue to rise. Average selling prices historically appreciate at about 3.5% a year but a recent national Home Price
About four out of ten Americans aged 18-34 say they are interested in purchasing a home this year. This according to a Harris Interactive study on behalf of MortgageMarvel.com. Last year 18-34 year olds represented 33% of all buyers. Another interesting trend
The first six months of this year the average selling price in greater Lansing grew 8.4% compared to the first six months of last year, with several areas growing by double digits. Unit sales declined 13% year over year as foreclosures got
The two principal components of buying a house are price and the cost of the mortgage. If you are qualified and considering buying a home and you know both of these components are rising why would you wait? Potential home sellers who