Featured Posts
Michigan's November 1 Homestead Deadline: How New Oakland County Homeowners Can Lower Their Property Taxes | Realtor Tom Gilliam
New Oakland County homeowners have until November 1 to file Michigan's principal residence exemption for the winter tax bill. Tom Gilliam explains what the homestead exemption saves, how to check whet… Read More
Waiting for a Housing Crash in Oakland County? Here's Why Prices Would Have to Fall 27% | Realtor Tom Gilliam
Nationally, home prices would need to fall 32% to offset today's mortgage rates. In Oakland County it would take about 27%. Tom Gilliam explains why a housing market crash is unlikely, what will actua… Read More
How to Price Your Farmington Hills Home: What's Selling in Each ZIP Code | Realtor Tom Gilliam
The median Farmington Hills home sold for $425,000 over the past year, but ZIP code medians range from $310,000 to $497,000. Tom Gilliam breaks down prices, selling speed, and supply in 48331, 48334,… Read More
Locked In or Lucky? What 3% Mortgages Mean for Oakland County Buyers and Sellers | Realtor Tom Gilliam
A $400,000 loan costs $865 more a month at 7% than at 3.5%, which is why so many Oakland County homeowners aren't selling. Tom Gilliam explains the mortgage rate lock-in, why it's slowly easing, and s… Read More
Could Michigan End the "Pop-Up" Tax? What It Would Mean for Oakland County Buyers, Sellers, and Downsizers | Realtor Tom Gilliam
The Michigan House passed a package that would end the property tax "pop-up" after a home sale and repeal the state transfer tax, but the bills are still waiting in the Senate. Tom Gilliam explains wh… Read More
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