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Today’s spacious homes give a single family plenty of room, but more homebuyers than ever are thinking of those extra spaces in terms of multi-generational living. Aging parents, grown children, and siblings are living together in record numbers. This trend gives home sellers a different way to show features such as finished walkout basements and [...]
Boost your odds for a successful resale down the road with these four essentials. Whether you’re shopping for an investment property, buying a starter home or relocating for your job yet again, your next home likely won’t be your last. That’s why it pays to go house hunting with your successors in mind. After all, [...]
Metro Detroit home prices posted a 1.2% annual gain through July with strong summer demand, according to S&P/Case-Shiller data released today. Detroit is one of just two metro areas that showed price appreciation in the July report. The other was Washington, D.C., with a 0.3% rise. Data revisions in the past three months have uncovered [...]
Existing-home sales increased in August, even with ongoing tight credit and appraisal problems, along with regional disruptions created by Hurricane Irene, according to the National Association of Realtors®. Monthly gains were seen in all regions. Total existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 7.7 percent to a seasonally [...]
By Zoe Fox at Mashable Tech: Almost one-third of U.S. adults prefer to be reached by text message rather than a voice call on their mobile phone, according to a study by the Pew Research Center’s Internet and American Life Project. Three-quarters (73%) of U.S. adults text and 83% of U.S. adults are mobile phone [...]
The Max Broock / Real Estate One Charitable Foundation and Gordon Chevrolet are sponsoring a fundraising raffle to benefit Special Olympics of Michigan! Only 2,500 tickets will be sold for the chance to win a Chevy Cruze + $3,000. Tickets are $20. The drawing will be held at the REOFamily Corporate office located at 25800 [...]
August brought us another month of good numbers in terms of homes sales and home values. They both continue their (seasonally adjusted) upward trend in most all markets and price ranges. The chart below shows the average price per square foot for South East Michigan (bars) and the value change in price per SF compared [...]
By Jaclyn Trop; August year-over-year rise after July’s jump. Local real estate experts are cautiously optimistic that home sales will rebound for the rest of the year, after a report Monday that Metro Detroit home sales rose nearly 20 percent in August from the same month of 2010. It was the second consecutive month an [...]
By Les Christie: Home prices have taken such a beating and demand for rental units has increased so much that it’s now cheaper to buy a two-bedroom home than to rent one in most major U.S. cities. According to real estate web site Trulia, buying was cheaper than renting in 74% of the country’s 50 [...]
By Ron Clark, Special to CNN: This summer, I met a principal who was recently named as the administrator of the year in her state. She was loved and adored by all, but she told me she was leaving the profession. I screamed, “You can’t leave us,” and she quite bluntly replied, “Look, if I [...]