market

Market Low Inventory Continues Vexing Homebuyers

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It’s not an illusion in this years 2017 market. In many neighborhoods within Oakland County, there aren’t enough homes for sale to match up with all the eager buyers looking to buy. This is great news for home sellers, though. Sellers are in the driver’s seat in today’s real estate market: commanding top dollar for their move-in ready homes; dictating the terms of sale; often experiencing multiple bids on their home. Buyers need to be quick in this market, but not careless: get preapproved for a home loan; don’t skip the home inspection and specialty (mold, radon, termite, pest, etc.) …

Stress Free Selling Season

A Stress Free Selling Season

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Stress Free Selling Season A stress free selling season means as a seller in the real estate market, it’s up to you to cater to the buyer and their needs. You have to always remember that people have to really want the home in order to spend a lot of money on it, so use the tips provided in this article to turn your property into a buyer’s dream so that it moves as quickly as possible and a stress free selling season experience as possible. The Best time of Year (Tip One) When you’re selling your home, stop and …

HGTV

HGTV Fun Facts and Dirty Little Secrets

tommygill7 Blog , Oakland County , Uncategorized Leave a Comment

Television channels like HGTV and DIY have truly changed residential real estate for the better. Thanks to these channels, buyers and sellers today are more educated about their homes’ structures, décor, and remodeling costs. Everybody’s expectations are higher and most buyers and sellers’ creativity is too. Have you wondered about how these shows are made? What is real and what is not? Here are some fun facts. HGTV VS Reality First, for the remodeling or fix and flip shows on HGTV, the remodeling budget is truly a homeowners’ remodeling budget. If the homeowners have wanted more than their budget will …

improvements

Improvements Add Value Remodeling Your Home

tommygill7 Blog , Oakland County , Uncategorized Leave a Comment

If you’re looking for improvements your home, of course you have to consider several things. First of all, will these improvements satisfy and fulfill a need? It’s important that you answer it truthfully because home improvements are generally expensive so at least make sure you are aware of your needs. In addition, will you be able to afford it? There are a lot of home improvement ideas, some affordable and some are expensive. The good thing is depending on your need, there’s usually an affordable and more expensive option. The factors listed above are for the present. As a homeowner, …

boomers sold

Boomers 12 Things You Need To Know Before A Move

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Boomers Zap! Your home is sold. Congratulations! Now What Boomers? Boomers are hearing it more and more. Baby Boomers are turning 65 in the United States at an amazing rate, 10,000 every day. As they reach this milestone, more of them are selling their long-time homes. The reasons to sell are often straightforward: The old place is too large, too expensive, requires too much upkeep, or seems too lonely since the kids moved out.   Once you’ve decided to sell (and called us), the real dilemma is deciding where to move. And, determining whether it is best to downsize, cross-size, …

mortgage-pros-and-cons

Mortgage Loan-The Four Key Benefits For You

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A Mortgage, It’s a big decision: Taking on a monthly mortgage payment is no small matter. That payment will probably become a homebuyer’s biggest expense. And what if you can’t pay on time? Get sick? Lose a job? Divorce? You could see your credit score plummet. But there’s another side to taking on a first mortgage loan. Not only does such a loan allow a renter to become a homeowner—that mortgage also brings with it several financial benefits, everything from big savings at tax time to a boost in your credit score. If you’re debating whether it’s time for a …

Home Inventories at 4.6-Month Supply

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Around the country especially in Oakland County and cities such as Novi, Northville, Farmington Hills and West Bloomfield home inventories is the lowest we have seen in quite some time. The signs of home buyer’s frustrations are clear, but with consumer confidence is at the highest level in over a decade and with interest rates still under 4%, new programs available for down payments as low as 3%, and you have an attractive market for buyers. Buyers demand for housing remains twice as high as this time last year, so what’s really going on with home inventories? NAR’s Chief Economist, Lawrence Yun states about Low Home …

agent-spring

Agent?-Demand The Best

tommygill7 Blog , Oakland County , Uncategorized Leave a Comment

Being a real estate agent can be rewarding and fulfilling career for many agents, but there’s also, like any job, accountability. Home buyers and sellers alike put their trust in you in making the most critical financial decisions they will ever make, and it is up to the agent to honor that trust. The competition here in the Oakland County area is fierce between agents as inventory’s are down 12% compared to last year at this time. It is true that the market is off to a slower start but it is bound to come back strong due to interest …

Tuskany-Estates

Tuscany Estates in Novi (My FAV) what a Beauty

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Many buyers are are out and about looking at homes this spring, but this one in Tuscany estates, Novi. 20875 Barola Drive, N Novi 48167 made me turn around and notice its beauty, BUILT 2011 ALL BRICK LUXURY ESTATE HOME in the subdivision that features everything anyone could ask for and more. Tuscany estates in Novi alone being a unique and luscious gated community really make for the perfect community to call home. All 58 homes in Tuscany estates, Novi are custom designed and custom built luxury homes sprawled out over 77 acres of rolling meadows and surrounded by parkland.  Tuscany …

Home-Luck-Run-Out

Home Buyers-Don’t Let Your “Luck” Run Out

tommygill7 Blog , MI house market 2015 , Oakland County 1 Comment

 Although it is St. Patrick’s Day around the country, it does not stop the interest rates for home buyers from climbing. The rates for home buyers is still at record lows but this is changing fast and as you can see from the predictions now might be the best time to purchase a new home. Home inventory is low, but will increase over the spring and summer months so the best advice I can give you is to start your home search right away in order to save thousands throughout the term of your mortgage. I’m always here to help …