housing inventory gaining ground

Housing Inventory Growth Upward In Oakland County 2019

Thomas Gilliam Blog , Oakland County , realtor tom gilliam Leave a Comment

The housing inventory in and around Oakland County, Michigan has been a struggle for most buyers the last few years causing higher prices and less inventory for eligible home buyers. Although the housing inventory in Oakland County, Michigan increased in January 2019, the inventory remained averagely lower dropping by 381 homes from 3,629 in December to 3,248 in January. Housing Inventory Getting Better For Buyers While the current inventory remains dependent on affordability in 2019 as far as housing inventory and the housing market, there are signs that some areas are showing signs of an improving housing inventory situation, with year after year increases …

The Right Real Estate Agent with client

The Right Real Estate Agent-Did You Choose Correctly?

Thomas Gilliam Blog , real etate , realestate , realtor , realtor advice , realtor guidence Leave a Comment

Buying and selling a home is a huge life event, and the right real estate agent is the most important person you’ll work with during the transition. Choosing the right real estate agent is an important resource; they can help break down complex real estate concepts, walk you through the logistics of buying or selling a home and can help move the process along, saving you time, money and energy in the process. But unfortunately, not all real estate agents are created equal. And while the right real estate agent can make the buying or selling process a breeze, the wrong …

For Sale By Owner

A For Sale By Owner-6 Reasons To Use Caution

Thomas Gilliam for sale by owner , FSBO , home buyers , home buying , homes for sale Leave a Comment

When you’re looking to buy a home, you may wonder, “Does it matter if the property is listed with a real estate agent or a for sale by owner who are trying to sell it themselves?” Um, yes. It matters. A lot. The truth is: When it comes to signing contracts, handing over escrow money, and digging into the home’s history, going it alone can end up costing homebuyers a bundle. The following are 6 reasons to avoid a For Sale By Owner (FSBO) home. 1. Are you sure it’s legit what they are selling? via GIPHY Unfortunately, scams abound …

Knowing Whats Included In The Sale Of The Home

As a homebuyer looking for homes in the Oakland County, Michigan area you may find yourself asking what property is included in the sale of the home, so this is to give some clarification on the topic of personal verse included property. Although your realtor would know exactly what is included and excluded with the sale of the home, but you should be aware as well when searching for a new home especially if you are a first-time homebuyer. Keep in mind attention to the details is a must to prevent a disagreement between the home seller and home buyer …

Home Seller Offers-Response Time Is Important

In today’s Oakland County Michigan housing market it is important now more than ever for home seller offers to respond to a buyers offer for purchase of their home, usually the time frame would be within twenty four hours which allows for the home seller offer to have plenty of time to be reviewed,considered and possibly allow time for the listing agent to review with their home seller as well. Although the twenty four hours is the standard, there are times that this is not possible as some home sellers are out of town,family issues or other events that may …

Your Agents Love On Valentines-Count The 8 Ways

Thomas Gilliam Blog , love , valentines Leave a Comment

With Valentine’s Day fast-approaching, there’s no denying love is in the air. Let’s think for a moment about the persons love who’s always there for you, helping to make your  home dreams come true. We’re talking about your real estate agents love. Just what does it take to make the agent who’s done so much for you swoon? There are plenty of ways to build a harmonious, lasting, and fulfilling relationship that will take you from starter home to happily ever after. Check out this list of things that’ll make your agent fall head over heels in love with you …

Millennials mortgage Ready

Oakland County Millennials Are “Mortgage Ready” This Spring

Thomas Gilliam Blog , Oakland County , spring 2019 Leave a Comment

We are approaching the spring of 2019 and Oakland County Michigan home owners are in the process of getting their homes in tip-top shape to get them ready for the spring selling market, but last ear at this time Oakland County Michigan millennials seem to have been overlooked as important home buyers in our market. This spring it would be a major mistake to ignore them as they are ready and willing to purchase a new home as statistics show. Millennilas Are A Force To Target When someone uses the term “millennials,” most people don’t immediately think of financial stability …

Down Payment For Your First Home In Oakland County Michigan

So you’ve decided to purchase your first home in Oakland County, Michigan. Congratulations! Purchasing a home is a huge decision, and it can be one of the most exciting and rewarding experiences of your life, but getting the down payment can be tricky and challenging. But purchasing a home requires capital, and if your savings account is looking a little trim, it means that you will have to do some budgeting in the upcoming year to make your dream of being a homeowner a reality and having that elusive down payment. Here are 7 budgeting tips to help you buy …

Homes For Sale In Farmington Hills-Hire A Real Estate Agent

You are probably wondering that if a person can buy a house on their own, then why can’t they sell one on their own as a For Sale By Owner (FBSO) . Homes for sale in Farmington Hills, Michigan deserve a great Real Estate agent to market, stage, arrange appointments and screen buyers to assure they are pre-qualified and able to purchase your home and get you the best price possible.  Houses that have the sign stating “FSBO” (for sale by owner) do not make much profit. According to the National Association of Realtors, in 2017, 89% of the sellers sold …