Homes Value Sell

Existing Homes Value Are Up – It’s A Great Time To Sell

Thomas Gilliam Blog , equity gains , home prices , home sellers , Oakland County Leave a Comment

The Great Recession was one of the most challenging times in US history and in the Oakland County area. The US lost nearly 9 million jobs, unemployment nationwide hit an astounding 10%, and housing prices fell a whopping 33%, causing American households to lose of $16 trillion dollars in net worth also losing their homes value. After the housing crisis of 2008, many homeowners found themselves “upside down” on their properties, with their mortgage balances significantly higher than their homes value. According to Zillow, negative equity in the US peaked 31.4% in Q1 of 2012, meaning nearly one-third of all mortgage …

Oakland County Michigan Homeowners Stay Optimistic For Sale

Oakland County Michigan Homeowners Stay Optimistic

Thomas Gilliam Blog , equity gains , oakland county homeowners , oakland county mi homes , selling your home Leave a Comment

Asking Oakland County Michigan homeowners whether or not they feel it it is a good time to buy a house can lead to an imprecise way of measuring the interest in the Oakland County Michigan homeowners to enter the housing market. The reason being that there are a number of personal factors that are weighed in when deciding if it a good time to make a move in this Oakland County Michigan housing market. The Fear of Oakland County Michigan Homeowners Oakland County Michigan homeowners have seen such a drop in local housing inventory that keep them from putting their …