According to the National Association of REALTORS®, existing home sales have skyrocketed 14.5% month-over-month, marking the largest monthly increase since July 2020. The surge in sales activity is due to contracts signed earlier in the year when mortgage rates dropped to the low 6% ...
Spring is here, and we can expect to see more activity in the real estate market. Despite the affordability challenges that remain, there are still excellent opportunities to be found in Washtenaw County. Whether you're a buyer or a seller, now is the perfect time to get in on the ...
Spring is almost here, and you know what that means? It’s time to move your clocks forward and start on those home maintenance projects that you have been putting off all winter long.
Start small by focusing on one area of your home at a time. This will help you establish a routine for cleaning and organizing, making it easier to tackle larger projects in the future.
Spring is just around the corner, and with it comes the perfect opportunity to sell your home. But before you dive headfirst into the selling process, it's essential to take a few crucial steps to ensure that you get top dollar for your property. Here are some tips to help you get ...
Median Sales Price in Washtenaw County increased 7.2 percent to $378,735 for Single Family homes
and 7.5 percent to $280,000 for Townhouse/Condo homes. Average Days on Market increased 4.0
percent for Single Family homes and 36.1 percent for Townhouse/Condo ...
Median Sales Price in Washtenaw County increased 0.4 percent to $350,000 for Single Family homes and 11.3 percent to $265,000 for Townhouse/Condo homes. Average Days on Market decreased 3.7 percent for Single Family homes but increased 48.3 percent for Townhouse/Condo homes. Months ...
Affordability challenges have priced many buyers out of the market this year, and buyers who do succeed in purchasing a home are finding that the costs of homeownership have increased significantly, with monthly mortgage payments more than 55% higher than a year ago, according to the ...
Summer 2022 has been a season of change for the U.S. real estate market. With housing affordability at a 33-year low, existing-home sales have continued to soften nationwide, falling 5.9% month-to-month and 20.9% year-over-year as of last measure, according to the National Association ...
The U.S. housing market has continued to cool, as rising mortgage rates and record-high sales prices have stifled affordability, weakening demand and pricing out a multitude of buyers. Nationally, median household income has failed to keep pace with increasing mortgage payments, with ...
What Does Rising Inflation, Soaring Home Prices, and Increased Mortgage Rates Mean For Real Estate? To help quell inflation, which reached 8.6% as of last measure in May, the Federal Reserve raised interest rates by three quarters of a percentage point in June, the largest interest rate ...