Some home sellers who had sold their house over the last few years, may have made out pretty well. However, now the market is most definitely changing, and it is quite noticeable. The truth is, home values in Detroit are down, and are still sliding in a downward trend. Some people have simply waited too long to sell but it is impossible to time a market because no one can predict the future with pin-point accuracy! Contrary to what some people think, a house actually can be sold in any market condition. Even when home values in Detroit are sliding down! Be cautious when pricing A big thing we ..read more

The American economy is currently in a very interesting phase. People who are trying to sell a house in Detroit MI are now seeing the impact of high interest rates. The local real estate market is quite different than it was in the previous few years. We are still dealing with inflation and extreme price increases on things like groceries and other goods. There are also other effects happening as a result, such as car loan defaults, increased foreclosure filings and mortgage defaults. Many potential homebuyers are now deciding to put off purchasing a house, because they can’t qualify for a hom ..read more

The season of spring is creeping up and it can be a great opportunity to utilize spring cleaning to sell your house. Even though the market is now becoming more challenging for sellers, this could be your opportunity for a successful sale. Planning and preparing quickly could really pay off if you get started now and follow through. Continue reading on as we explain how to use a thorough spring cleaning to sell your house fast in Detroit! Preparation Preparing is quite simple but it is important to be thorough as possible. A great way to get started is by making a check-list of things to do. D ..read more

Is it really true that buyer demand is slowing down? If you have been watching the news or paying attention to the media lately, then you’ve probably heard how the real estate market is not what it was a year ago. Many homebuyers around Detroit MI have been backing out of the market. Interest rate hikes and inflation have caused price increases on everyday goods and services and it’s effecting everyone in one way or another. As it pertains to Detroit real estate, buyer demand is slowing down. In this post we will cover some crucial things you can do as a seller in order to navigate through the ..read more

The real estate market has been on a consistent upward trend for the past several years. Many homeowners have seen appreciation in their investments however, what goes up must eventually come down. As we are beginning the new year, the real estate market is shifting downward in Detroit. This was inevitable and probably somewhat overdue. Unless you’ve been living under a rock, you have probably heard about the federal government raising interest rates in order to combat inflation. This is just one reason for the downtrend in our local housing market and economy. So, if you are looking to sell ..read more

While some components about the real estate industry will never change, some things are constantly modified to keep in step with economic changes, technological advances and shifts in market trends. Along with all this, lawmakers are always updating the tax codes which affect real estate transactions. Keeping your eyes on the horizon of these industry changes can help you make important decisions about buying and selling Detroit real estate. So, read on as we explain how the Detroit real estate industry is changing.  Tools of the Trade The right tool can make any job easier and one of th ..read more

Co-ownership of a property allows participants to purchase property that would otherwise be beyond their means. For example, co-owned property is an excellent way for close friends or family members to help split the costs of a shared property or several properties in vacation spots, such as a beachfront property and a mountain home. Co-ownership also eliminates the need to earn income by renting out your second home to strangers in an attempt to recoup some of your expenses. Of course, it’s best to discuss the exit strategy at the time of purchase so that you have no issues arise over se ..read more

The real estate market in Detroit has changed significantly during the last 4 years and altered the approach to selling homes. Selling your home today compared to 5 or 6 years ago looks quite different. No longer is it enough to clean up and put a for sale sign in the front yard, waiting for a qualified buyer to drive by. Instead, technological advances have improved the streamlining of information and a new understanding of how best to present real estate utilizing the most up to date methods to appeal to highly savvy online buyers from across the globe, increasing profits efficiently throug ..read more

There is a lot to consider if you are serious about selling your house at the moment. We are now seeing the real estate market cooling off in Metro Detroit and there are several reasons why. We have seen inflation cause the prices of just about everything go up in recent years. From gas prices to groceries and household goods and services. This is raising many concerns for home sellers right now. If you are looking to sell your house in Detroit, you should read this article to get a clear understanding. So, let’s address the housing market cooling off in Detroit and what to do about it, as a s ..read more

Do you need to sell a house in Detroit MI but live far away? Life has a crazy way of throwing curveballs at us and changing our plans out of nowhere. Often sellers find themselves with a home in another part of the country that needs to sell because of a change in job location or to be closer to a family member, or they have inherited property. Also, as more and more workers become remote, many people have the freedom to change the location they consider home base, meaning more and more homeowners are selling their homes via long distance. Whatever the reason, it can be extremely stressful to ..read more