Advantages of Moving Out of The City to The Farmington Hills MI Suburbs 

Advantages of Moving Out of The City to The Farmington Hills MI Suburbs 

Advantages of Moving Out of The City to The Farmington Hills MI Suburbs 

Thinking of moving out of the city to the Farmington Hills MI suburbs (a northern suburb of Metro Detroit)? With social distancing becoming the new norm these days, many people are trading in their small city dwellings for more indoor/outdoor space in the suburbs. The need for more space and more privacy during the COVID-19 pandemic are two of the main reasons why city dwellers are making the move to the burbs.

Also, with so much economic uncertainty and social unrest in the air, the feeling of space and general ease of life brings with it a slower, less stressful pace compared to city-living. While it can be fun and exciting and very convenient to live in the city, especially if your job is there, suburban life does have its own advantages.

Here are 6 advantages to think about if you are considering a move out of the city to the Farmington Hills MI suburbs:

1). More Indoor/Outdoor Space

For growing families, owning a larger home in the suburbs with more bedrooms and bathrooms will allow your kids to have their own rooms if they don’t already, and you will have more privacy. You will also likely enjoy more distance between you and the neighbors – unlike in a city, where people are living in close quarters. Another huge benefit of moving to the suburbs is having a yard with outdoor space. From backyard gardens to barbeques to swing sets to having your own swimming pool, your family’s quality of life could dramatically improve with easy access to a private outdoor space.  

2).  Better School Systems

For families with school-age children, school systems in the suburbs have a reputation for being better than their inner-city counterparts. Since property taxes tend to be higher in the suburbs, schools benefit from a bigger budget when compared to city schools. Many suburbs are home to top-rated public and private schools and typically have less crowded classrooms and more teachers. It is also easier for kids to be social in a family-friendly suburb. Suburban children will typically attend school with neighboring kids, making after-school activities and playdates easier to coordinate.   

3).  More Peace and Quiet

Anyone who has ever lived in the city knows that it can be downright loud. From honking cars and blaring sirens to the everyday hustle and bustle of urban life, you won’t get a lot of peace and quiet in the city. Even a suburb with a vibrant social scene and urban amenities galore will tend to be more laid-back and peaceful than a busy city center. So, If peace and quiet are what you’re craving, adopting a suburbanite lifestyle may be a  good option.

4). More Convenience

City life is a lot of things – but it’s not always convenient. Fighting crowds and busy traffic on a daily basis is enough to raise anyone’s stress levels. Not to mention, make life harder in general. In addition, most cities have limited and expensive parking, leaving many residents to take (often unreliable) public transportation to get to work, restaurants, and other activities. The suburbs, on the other hand, offer extremely convenient access to shops, restaurants, and other amenities. Assuming you don’t have to deal with a long work commute, moving to the suburbs could be the most convenient option for you and your family.

5). Lower Overall Cost of living

As a general rule, the overall cost of living tends to be less in the suburbs than that of the city on average. Forbes reports that the average rent in a U.S. city is $1,848 per month. In the suburbs, rent drops to $1,269 per month – $578 less per month than city living. Rent and house prices are generally more affordable, as are commodities such as food and gasoline. These things can all add up, and while commuting from the suburbs can take longer and may be pricier, the benefits tend to outweigh the costs. On the plus side, time spent commuting to work on public transportation (such as a bus or a train) can be used productively – listening to a podcast, catching up on news, reading a great book, or working.  

6). Closer to Nature 

A consistent appeal of suburbia for many folks is to be closer to nature and green space. While suburbanites appreciate their proximity to urban amenities without having to actually live in the big city, they also often appreciate more open space and closeness to nature. There are often more trees, greenery, parks, and open grassy areas in the suburbs where residents can feel more connected to their environment. Far from the sirens and sounds of city traffic, this can provide more peace.

Living in the Farmington Hills MI suburbs can offer a greater quality of life and a much happier environment for the entire family when compared to the lack of personal space, everyday stresses, and pressures of living in the city.  

Living in Farmington Hills MI

Buyers who are looking to purchase a home in the metro Detroit area should consider Farmington Hills MI homes for sale. A small, wealthy city in Oakland County, Farmington Hills is part of the northwestern suburbs of Metro Detroit, located about 30 miles northeast of downtown Ann Arbor.

Farmington Hills has a charming, historic downtown area, which has recently seen extensive development along with an award-winning public school system. With a population of 81,235 and a median household income of $76,637, Farmington Hills was recently ranked as the fifth-best city in the state in which to live by Chamber of Commerce (a digital-based company). 

 Search the MLS for  Farmington Hills MI Homes for Sale

Search the MLS for Oakland County MI Homes for Sale

The wide range of affordability from entry-level market-rate homes to multimillion-dollar estates within the greater Farmington area provides abundant opportunity for families to move here and enjoy a strong sense of community with access to top-rated, public schools.

TIME magazine also picked Farmington Hills as the best place to live in Michigan based on factors such as strong economic and educational performance, convenience, safety, and pleasant way of life. In order to navigate the local market and find the perfect home in Farmington Hills, buyers will need to partner with a qualified, local agent. 

Top Farmington Hills REALTOR® – Tom Gilliam has over two decades of experience assisting home buyers and sellers in Farmington Hills and the surrounding Oakland County area.  Tom offers in-depth local market knowledge and has all the resources and information you need for making the best home purchase decision.

For more information about Farmington Hills MI real estate, call Tom directly at (248) 790-5594 or get in touch with him here!  

Tom Gilliam, REALTOR®
RE/MAX Classic
29630 Orchard Lake Rd.
Farmington Hills 48334
Direct: 248-790-5594
Office: 248-737-6800
Email: Tom @ Homes2MoveYou.com
License #314578

 

Should I Sell My Farmington Hills Home During COVID-19 Crisis or Wait?

Should I Sell My Farmington Hills Home During COVID-19 Crisis or Wait?

Should I Sell My Farmington Hills Home During COVID-19 Crisis or Wait?

With the COVID-19 pandemic causing uncertainty in the economy and housing market, some Farmington Hills home sellers are asking themselves: “should I sell my home right now or should I wait?”  Some sellers are choosing to wait it out in hopes that the situation will improve in the coming months.

Not everyone, however, has the luxury to take the wait-and-see approach due to job relocation,  growing family needs, facing a different financial situation, or some other personal reason. 

Although selling a home now and in the near future is going to look a lot different than it did only a few months ago, people haven’t stopped selling houses altogether and real estate transactions are still moving forward. Many sellers are still listing their homes, and buyers are still buying them.

In late March, the U.S. Department of Homeland Security declared residential real estate sales an “essential service” that will be allowed to continue.

That being said, you should check with your REALTOR® or local government for what’s allowed in your area, and keep in mind that things could change depending on how the coronavirus situation progresses.

Even if real estate businesses are considered essential, they could still have restrictions in some places such as prohibited gatherings exceeding a certain number of people.

So, you couldn’t have, say, more than 10 people in an open house if such a crowd is prohibited. In certain areas, in-person home showings are still taking place, although how they are held and how many people are allowed to attend has changed.

Open houses in accordance with guidance from the Center for Disease Control (CDC) and the President: 

  • Ensure that less than 10 people are touring the home at any given time, and consider only allowing one buyer group to tour the home at a time.

     

  • Be sure that guests maintain social distancing of six or more feet apart, and require potential buyers to wash their hands or to use an alcohol-based hand sanitizer immediately upon entry and to remove shoes/cover footwear with booties.

     

  • Be sure to check with your client before using any cleaning products, and recommend that your client disinfect their home after the open house, especially commonly touched areas like doorknobs and faucet handles.

Alternative Ways to Market Your Farmington Hills Real Estate

Home showings of any kind, including open houses and even private showings, are not allowed under Michigan’s current stay-at-home order. In response, REALTORS® are getting creative, offering tours through 3D-photo or video, Facebook Live, Zoom, and other avenues.

While virtual tours and showings are a great way to keep home sellers and buyers safe, this new reality has raised the bar on how homes should be presented and marketed online.

A few nice photos of your home may not be enough during this time. You only get one chance at a first impression, so you don’t want to be using poorly shot and lit iPhone photos and videos.

Make sure the real estate agent you hire is well-versed in digital technologies that will be used to show off your home in the best possible light. 

Some Homes May be Easier to Sell than Others During COVID-19 

Before you list, ask your REALTOR® how likely your home is to sell in this unusual market. Some properties have a better chance of selling than others based on factors such as: 

  • Price Point – If it’s a beautiful home at a medium price point in your area and it’s priced competitively and staged well, it will have a better chance of selling at this time. Buyers at higher price points who have large holdings in the equity markets may postpone large real estate transactions as they wait for stocks to recover from the market plunge.

     

  • Online Presence and Marketability – In today’s market, your home must shine in online listing photos and videos to convince buyers to leave their house to view it in-person. Now, more than ever, you have to make sure you have professional photography because that’s what people are seeing online. They are not going to open houses and not driving by as much.

     

  • Vacant vs. Occupied –  Vacant properties are receiving the most attention due to ease of viewing while tenant occupied homes are proving more difficult to sell. Tenants have rights, and many don’t want people coming through their house. With “offer subject to interior inspection,” only buyers who make an offer on the property are permitted to view it in-person. While more common to see for tenant-occupied properties, owner-occupied homes may be listed as “offer subject to interior inspection,” as well.

A House Sold During Coronavirus Pandemic

If you sell your Farmington Hills home during the COVID-19 pandemic, your contract may include a coronavirus clause that permits closing extensions and home sale cancellations without legal or financial repercussions. For sellers, this means the buyer may leave the deal without losing their earnest money.

To protect your interests, you can negotiate in what scenarios the buyer keeps their earnest money. For instance, you can amend the clause to state that the buyer must forfeit their earnest money if they withdraw their offer with no reasonable cause.  

The Takeaway

For the best insight on how the coronavirus Pandemic is affecting the local market, reach out to a top real estate agent that specializes in your area.

Top agents track daily updates and evolving COVID-19 regulations, and can help you determine whether your Farmington Hills property is marketable at this time as well as answer any questions you may have, and accommodate any special needs such as a contactless home assessment.

Partner with Farmington Hills MI REALTOR® – Tom Gilliam

 2020 Best of Farmington Hills REALTOR - Tom GilliamWhether you are looking for homes for sale in the Farmington Hills or you are ready to list your current property, experience matters most in a changing market.

With over 25 years of local experience, Tom provides the kind of knowledge, skills, dedication, and personalized service you need and deserve.

As your personal agent, Tom will protect your interests, advocate for you, and go above and beyond to ensure a smooth and successful transaction. 

If you or someone you know is interested in buying or selling Farmington Hills real estate, please give Tom a call today at 248-790-5594 or you can get in touch here.

Tom Gilliam, REALTOR®
RE/MAX Classic
29630 Orchard Lake Rd.
Farmington Hills 48334
Call: 248-790-5594
Office: 248-737-6800
Email: Tom @ Homes2MoveYou.com
License #301741

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