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 …

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 …

Wallpaper-How To Remove It

Wallpaper Painted Over?- Removing It Carefully Counts

Thomas Gilliam Blog , wall covering , wallpapper Leave a Comment

Finally found the house of your dreams? But wait… you rejected the offer just because the walls in the house were full of wallpaper covering and the homeowner had painted over it. Frustrating isn’t it? It’s like the homeowner wanted you to suffer after you bought the house. Sellers usually do this when they are not willing to spend more time and money on staging your Oakland County home. However, you still think to yourself, “Why would someone do this?” They found it a quick fix (saves a lot on staging, so they probably wanted to save time on peeling …

Fall Season Home Seller house

Fall Season Home Seller Tips That Bring Home Buyers

Thomas Gilliam Blog , Fall Home Sales , fall season , home selling fall , tips Leave a Comment

When spring season comes around, the boxes come out and you start filling them up with things that you no longer need. It’s a great way to freshen up your house. Summer season is spent indoors, with a couple of days on the beach to get that perfect tan. In anticipation for fall, many fall season home seller face lifts are over looked by fresh cut lawns, painting and other summer time honey do lists. When fall finally rolls around, there are only a few days left before the holiday season commences. Most of your weekends are spent on the …

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 …

Agents scary things

9 Scary Things Real Estate Agents Fear Hearing

Thomas Gilliam agent , agents , Blog , halloween , home buyers , home sellers , real estate agents , scary things Leave a Comment

When you’re in the business of helping people buy and sell homes — arguably the largest investment of their lives — it goes without saying that there’s a lot at stake. While real estate agents are typically unflappable pros who, in many cases, have experienced just about every scenario you can imagine, there are still some things that strike fear into their hearts. In the spirit of Halloween, let’s take a look at some of the most terrifying statements clients make that leave agents trembling. 1. “We’re having second thoughts…” Of course, it’s not uncommon to have a home buyer …

inspection issues

Home Inspection – Preparing Yourself for the Surprises

Thomas Gilliam Blog , home buying , home selling , inspection , Oakland County , west bloomfield Leave a Comment

When you hire a home inspector for your home for sale in West Bloomfield, Michigan, you are often afraid of losing the house because this is the time when the house reveals its secrets. When the home inspection goes on for long, you become disappointed that you have to let go of your dream house. However, why retract the offer when you can come up with a counteroffer? Yes, there might be a few repairs but those can be easily dealt with if the seller agrees to offer you a few warranties or other incentives. Let’s have a look at …

May 2018 Home Sales Sold

May 2018 Home Sales Hit Historic Record

Thomas Gilliam Blog , Farmington Hills , may 2018 housing market Leave a Comment

If your a Home Buyer and Home Seller you know the real estate market is HOT!, In fact May 2018 home sales hit an all time record in Oakland County and across the country. Most homes have had multiple offers and are flying off the market like nothing we have ever seen before, especially here in places like Farmington Hills, Novi and Northville. Low inventories have made it a challenge for many home buyers and on the other hand have made it a dream come true to home sellers which are happy to have their homes even selling for over …