Recession optimism

Recession Possible-Home Shoppers, Real Estate Experts Are Optimistic

Thomas Gilliam Blog , Farmington Hills , recession , Uncategorized Leave a Comment

Most experts predict that following a seven-year period of economic growth the US economy is headed towards a recession (most likely sometime in 2020). But while The Great Recession devastated the housing market, house shoppers remain optimistic about how the market will handle a potential recession in the coming years. Expect A Recession But Remain Optimistic According to a recent survey from Realtor.com, nearly 70 percent of home shoppers said they expect a recession to hit the US economy sometime in the next three years (by 2022). But despite the fact that most believe a downturn is looming, many remain …

10 home selling superstitions

10 Home-Selling Superstitions That Should Seal the Deal

Thomas Gilliam agent , agents , Blog , Farmington Hills , Firs Time Home Sellers , selling , selling a home , selling advice Leave a Comment

Once homeowners have arrived at the decision to sell their property, most want the transaction completed as quickly as possible. Sure, you can hire the best agent in town, price your home just right, and then market the heck out of it, but having a little bit of luck on your side and a few selling superstitions never hurt either. When it comes to getting the deal done in a timely manner, sellers and agents have been known to rely on time-tested selling superstitions. Let’s take a look at 10 that are all but guaranteed to get that “Sold” sticker …

Selling A Home-First Timers Check List

Selling A Home-First Timers Check List

Thomas Gilliam Blog , Farmington Hills , Firs Time Home Sellers , first time sellers , fix , home selling checklist , Oakland County , showing ready Leave a Comment

As a homeowner, the selling process can be an overwhelming experience – especially for first timers. Since they’ve never been through the experience of selling a home, many homeowners feel a bit lost as to what they need to do before they can pass their keys over to the next owners. But not to worry! Here’s a checklist that covers all the essentials for homeowners getting ready to sell their first property: Sprucing Things Up Before homeowners list their home, they will want to handle any minor fixes that might keep them from getting top dollar for their property and …

10 Home Decor Trends To Retire In 2019

10 Home Decor Trends To Retire In 2019

Thomas Gilliam 2019 trends , Blog , decor , Farmington Hills , homes for sale , Oakland County , Uncategorized Leave a Comment

As the new year is here, plenty of homeowners look for ways to refresh their spaces to keep them feeling interesting and updated. If you’re preparing to put a home on the market, keeping up with trends is key because unless your prospective buyers are flippers, stagers, or redecorating fiends, nothing can make would-be buyers turn tail faster than some outdated decor. Check out these once-popular home decor trends that are being shown the door, and find out what’s replacing them in the months ahead. 1. Rose gold Decor loses its luster Sorry, rose gold. You were lovely, but it’s …

Biuying Yoout Farmington Hills Home Money

Buying Your Farmington Hills Home-How Much To Borrow

Thomas Gilliam Blog , buying a home , buying a home in oakland county michigan , Farmington Hills , Mortgage , Uncategorized Leave a Comment

The “rule of thumb” regarding loans is that your monthly housing payment such as the taxes, bills, insurance, mortgage, etc., should not be more than 28% of your income that you receive every month. When it comes to FHA loans, the balance of ration might be higher. The question that remains is, “How much do I need to borrow when buying your Farmington Hills Home?” Here’s what you should focus on: it all comes down to “down payment”. The higher the amount you have saved, the easier it will be to get a mortgage loan for your Farmington Hills home. …

Winter Home Buying In Farmington Hills

Winter Home Buying Is Great Timing In Farmington Hills

Thomas Gilliam Blog , buying a home , buying in farmington hills , Farmington Hills , winter buying Leave a Comment

Winter in Farmington Hills is the perfect time of year for plenty of things: making snow angels, going ice skating, and drinking hot cocoa by the fire are all things that come to mind. Do you know what else winter is the perfect time of year for winter home buying. There’s no better time to find your dream home than the winter months. Here are five reasons why winter is the perfect time to find a home: 1. There’s less competition for winter buying One of the best reasons to purchase a home during the winter is that there’s typically …

Fall Time Change clock

Fall Time Change and Real Estate Similarities-Realtor Tom Gilliam

Thomas Gilliam Blog , fall back , Farmington Hills , Oakland County Leave a Comment

What Does The Fall Time Change Have To Do With Real Estate? Millions of people adjust the fall time change on their clock now that daylight savings is ending. But what’s weird is that it’s not done everywhere; also, the actual date of when the fall time change occurs is different in some areas of the world. It isn’t universal. Adjusting to the time change is confusing enough for people on a local level. So, forget about trying to make sense of it nationally, or globally. Why does it exist? Is it still useful? Why doesn’t it get observed everywhere? …

Winter Energy Audit Farmington Hills

Energy Audit – 4 Things to Check For Your Winter Home Sale

Thomas Gilliam assessment , Blog , buying a home in oakland county michigan , Farmington Hills , farmington hills homes , Uncategorized , winter audit Leave a Comment

You are probably wondering why you need an energy audit for your home for sale in Farmington Hills, Michigan. Well, imagine getting an offer for your house with the buyer paying the exact asking price. You had a home inspection done and the report came back clean. As a good gesture, you included insurance for the appliances and agreed to pay for repairs for the next year. Fast forward two months and the house is sold. A few months later, you get a call from the owner that the HVAC system is not working properly. Upon their inspection, the new …

home improvements that waste money

5 Home Improvements That Waste Your Money

Thomas Gilliam adding value , Blog , Farmington Hills , home improvement , home improvment projects , homeowner tips , Oakland County Leave a Comment

Home Improvements to Avoid When Selling Your House Home improvements a bang for your buck? Don’t go out just yet with your tool kit, expecting those YouTube DIY tricks to work out perfect. It rarely happens! The problem is many sellers believe that taking on home improvement projects themselves will help them save on repairs and insurance. When you are targeting something major, first think about how much the repair or renovation will impact the value of your home for sale on Oakland County, Michigan. Some projects yield high ROIs, which are easy to do on your own such as …

Hosting Your First Open House In Farmington Hills-How to Impress

Hosting your first open house in Farmington Hills is all about impressing potential buyers. Here’s how you can nail it. The words “open house” gets buyers excited like you wouldn’t believe. It’s the perfect opportunity for them to not just see the house up close and personal but also find out what others think about the house. This is the time for them to scope out the competition and see if the house is worth the price or not. As the seller for your first open house in Farmington Hills, you need to make sure everything in the house is shape. …