6 Categories of Farmington Hills House Hunters

6 Categories of Farmington Hills House Hunters

Thomas Gilliam Blog , Farmington Hills , Uncategorized Leave a Comment

Trying to categorize Farmington Hills house hunters motivations and levels of seriousness is something that’s hard to resist. Many a successful seller will tell you how they originally mistook the ultimate buyer for an unreliable looky-loo (or vice-versa). Still, judging from the articles written on the subject, apparently it’s worth recognizing the different sorts of house hunters and the categories that describe them. Category names vary, but here are six cited most frequently: Serious surveyor. The most common variety of house hunter, the serious surveyor has usually viewed the Farmington Hills listings online, prepared a budget, and possibly even pre-qualified …

Farmington Hills Existing Home Sales Dip-Inventory to Blame?

Farmington Hills Existing Home Sales Dip-Inventory to Blame?

Thomas Gilliam Uncategorized Leave a Comment

Home sales seems to have been in the negative lately and its not from the lack of Realtors like myself trying to get sellers homes on the market here in Farmington Hills. As one would drive around, like myself there are less and less home sales in the area, could this be due to high prices or lack of home buyers in the market to purchase? As of writing this there are 228 homes currently for sale on the market in Farmington Hills and with a population of 80,000 plus that doesn’t leave much to choose from for potential home …

Eclipse Farmington Hills: 99 Years in the Making, but

Eclipse Farmington Hills: 99 Years in the Making, but

Thomas Gilliam Uncategorized Leave a Comment

Missing Monday’s Eclipse Farmington Hills Residence? By the beginning of Farmington Hills’s new week, Monday’s eclipse had been so thoroughly chronicled as having been “99 years in the making!” you could be forgiven for any anxiety that might result if you’d been unable to arrange to be where viewing was best. After all, we’ve been hearing from all corners that such an event doesn’t always happen within any given lifetime, for goodness sake! The undeniable takeaway was it’s now or never! Better have those proper viewing glasses at the ready, and get yourself over to where the cloud cover isn’t. …

4 Reasons NOW Is The Time for Buying

4 Reasons NOW Is The Time for Buying

Thomas Gilliam Blog , Home Buying and Selling , Uncategorized Leave a Comment

Buying a Home is Now! If you’re considering buying a home, ask any real estate agent worth their salt and they’ll tell you: NOW is the time to do it.  The real estate market is seemingly changing by the day, and if you want to get a great home for a great price, making a move now is in your best interest; conditions a year from now (or even six months from now) aren’t likely to be as hospitable. And why is that? Why shouldn’t you, if you’re interested in buying a home, wait? Why is NOW the time to …

Best Farmington Hills Real Estate Agent Top 5 Qualities

Best Farmington Hills Real Estate Agent Top 5 Qualities

Thomas Gilliam Farmington Hills , Uncategorized Leave a Comment

Top 5 Qualities of the Best Farmington Hills Real Estate Agent for You If you are just about to commit to buying or selling a home in Farmington Hills, the first important task before you comes with identifying the best Farmington Hills real estate agent to assist your effort. That comes first because although you might begin by combing through the current Farmington Hills listings or driving through the neighborhood to spot what’s going on, there is always a possibility that acting without delay will be important. If that happens to be the case, zeroing in on the best Farmington …

Ten-X: We are definitely not in a housing market bubble

Ten-X: We are definitely not in a housing market bubble

Thomas Gilliam Uncategorized Leave a Comment

A Great Article on The Housing Market As home prices continue to rise across the U.S., the dreaded b-word is beginning to be heard in some overheated markets.   However, many companies insist that despite the 8.3 million low-income residents who can’t afford their local rent, according to a new study from the U.S. Department of Housing and Urban Development, the housing market is still not in a bubble. The most recent Case-Shiller results pointed out the housing market is growing more expensive, however it is not about to repeat the bubble years. Ten-X, an online real estate company, became the latest company to explain …

Selling Your Farmington Hills Home: Strategic Planning Helps

Selling Your Farmington Hills Home: Strategic Planning Helps

Thomas Gilliam Blog , Farmington Hills , Oakland County , Uncategorized Leave a Comment

Selling your Farmington Hills home is never something you do on a whim. There can be rare situations when the decision to sell is a sudden one that’s forced by unexpected life circumstances (favorable or not)—but selling your Farmington Hills home is not likely to be the result of some sudden impulse. Since that’s the case, it follows that most of us will have been aware for some time that we will be selling sooner or later. That gives us some leeway for improving the ultimate results we can expect when an eventual sale takes place. Thinking about that, and acting …

$10 Asking Price Historical Mansion

$10 Asking Price Historical Mansion

Thomas Gilliam Uncategorized Leave a Comment

It’s true that today’s Farmington Hills asking prices fall into a wide range—occasionally even at temptingly reduced levels. But last week came news of one that I have to admit beat them all by a mile (at least regarding the asking price). This was found in Montclair, New Jersey. CBS interviewed the selling agent. Money Magazine wrote it up. The NAR highlighted it. Photos made the offering all the more interesting since the asking price was so low—yet the pictures were not, as any well-schooled real estate watcher would have expected, fuzzy images of some run down dump. The shots …

Novi House Value Boosters that Make Most Sense

As Farmington Hills Mortgage Rates Hold Steady, Diligence Pays

Thomas Gilliam Blog , Uncategorized Leave a Comment

Mortgage rates in Farmington Hills remained mostly steady this past month, at least partially due to the predictable July-August doldrum effect. When the summertime vacation schedules of Washington and Manhattan movers and shakers presages a slowdown in activity and economic reports, there is simply less going on that might affect the rate meter—in either direction. Summertime can also mark the beginning of a nationwide tapering off of real estate’s peak selling season. With the added factor of mortgage rates in (town) looking as if they will remain invitingly low for the near future, fear of a sudden rate rise is …

For Farmington Hills Renters: The 5-Year Tesla Plan

For Farmington Hills Renters: The 5-Year Tesla Plan

Thomas Gilliam Blog , Uncategorized Leave a Comment

My 5-year Tesla Plan is fanciful, but based on what could be the situation some Farmington Hills renters can probably relate to. The imaginary 5-year Tesla Plan participant could be any gainfully employed Farmington Hills renters who have been living comfortably in a nice rental for the past few years. It’s  either a comfortable home or a nice apartment: that doesn’t matter. What’s important is that the monthly rent has been rising. It’s now $1,570. This is now gobbling up just about every spare dollar of the Farmington Hills renters income, perhaps leaving only an annual $6,000 bonus for savings, …