Monthly Archives: January 2023
Today’s Housing Market Is Nothing Like 15 Years Ago
There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key... Read More
Want To Sell Your House? Price It Right.
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 house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains: “. . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly... Read More
4 Financial Fundamentals for First-Time Homebuyers
Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are four of the financial fundamentals you’ll need to focus on as you set out to buy a home. 1. Build Your Credit Your credit is one element... Read More
2022 By The Numbers: A Rollercoaster Year of Real Estate in Northern Michigan
If the 2022 housing market could be summed up in a single word, it would be: unpredictable. The heightened momentum of 2021 continued throughout the first half of 2022, and while it is still definitely a sellers’ market, inflation and rising mortgage rates have added some twists and turns during the last half. Here is... Read More