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Why Buyers, Sellers Shouldn't Panic
Daily Real Estate News | Tuesday, January 12, 2016 --> Stocks globally have been off to a bumpy start in the new year, which has spawned news articles showing concern over whether a shaky housing market could be poised for a slowdown and even a similar Read More...
Home Owners Trump Renters in Wealth
Daily Real Estate News | Friday, October 16, 2015 --> Home owners’ net worth is significantly higher than renters. A typical home owner’s net worth is $195,400 compared to a renter’s $5,400, according to the Federal Reserve’s last Read More...
Mortgage Rates Dip Below 4% Again
Daily Real Estate News | Friday, August 07, 2015 --> For the third consecutive week, averaged fixed mortgage rates edged down as uncertainty about the economy continued to push Treasury yields lower, Freddie Mac reports in its weekly mortgage market survey. Read More...
Heat Wave Sweeps Through Housing Market
Daily Real Estate News | Tuesday, June 30, 2015 --> Read more : 10 Housing Markets Fueled by Job Growth The housing market is getting hotter this summer, according to a preliminary analysis of June data from realtor.com®. The median list price nationwide Read More...
Economists Pinpoint Housing Inventory Shortage Causes
Daily Real Estate News | Tuesday, June 30, 2015 --> Inventories of homes for-sale remain low due to home owners staying put and homebuilders still keeping supplies tight, economists said during a panel discussion at the National Association of Real Estate Read More...
Consumers: Real Estate a 'Good Investment'
Consumers: Real Estate a 'Good Investment' Daily Real Estate News | Monday, April 27, 2015 --> Americans believe that real estate is the best long-term investment option for the second year in a row, according to a new survey by Gallup. Americans Read More...
Home Prices Surge to Fastest Pace in Year
Daily Real Estate News | Tuesday, March 24, 2015 --> Existing-home sales showed some improvement in February, but remain constrained by low inventories of homes for-sale that are pushing price growth to the fastest pace in a year, according to the National Read More...
Foreclosure Inventory Plunges 33%
Daily Real Estate News | Thursday, March 12, 2015 --> Foreclosures are quickly drying up in many markets. Foreclosure inventory dropped 33.2 percent, while completed foreclosures fell 22.5 percent in January year-over-year, according to CoreLogic’s Read More...
Mortgage Rates Remain Near 2013 Lows
Daily Real Estate News | Friday, February 13, 2015 --> Average fixed-rate mortgages are holding near historical lows, but did inch higher this week amid a stronger employment report, Freddie Mac reports in its weekly mortgage market survey. The economy Read More...
NAR: Home Sales Only Going Up From Here
Daily Real Estate News | Thursday, January 08, 2015 --> Existing-home sales will likely rise about 7 percent this year, as a strengthening economy and job growth leads to a healthier market, according to the National Association of REALTORS®' Read More...
Did Mortgages Just Get Easier to Obtain?
Daily Real Estate News | Tuesday, December 02, 2014 --> Fannie Mae and Freddie Mac's new lending guidelines went into effect Monday, which are expected to help loosen up the tight credit standards that home buyers and refinancers have faced in recent Read More...
Michigan Tops Nations housing Price Increases
Home Prices Still Rising, But Pace Slows Daily Real Estate News | Wednesday, November 05, 2014 --> September's home prices showed year-over-year appreciation in every state, but signaled a slowdown as earlier double-digit increases have faded to more Read More...
Fannie, Freddie to Loosen Up on Lending
Daily Real Estate News | Monday, October 20, 2014 --> The regulator of mortgage giants Fannie Mae and Freddie Mac is reportedly working on a deal with the financing entities that will loosen up lending standards and make mortgages more affordable for Read More...
Traverse City Real Estate Market Update/Statistics
As of the end of the 3rd Quarter 2014 the Traverse City area Real Estate Market continues to rebound nicely with values and average & median sales prices on the rise and days on the market on a decline. Year to date through Sept. 30,2014 over the Read More...
Downtown Traverse City Living Demand Spurs Building Boom
Downtown Living Demand Spurs Building Boom October 13, 2014 By Lynn Geiger Downtown Travese City is experiencing a building boom --driven by strong demand for residential living in the downtown district. In the last two weeks alone two developments held Read More...
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