Residential Real Estate

Amidst all of the news about lower foreclosure rates and an improving economy, low housing prices linger as one of the primary signs of a recent recession. While this is good news for investors and buyers looking to get a good deal on a property that will increase in value,

We’ve written a lot on this blog about the improving real estate market, because its our business and because it’s an exciting sign of a recovering economy. One major favor that has been driving down home prices over the last few years has been the high number of properties available

Buyer interest has also been sparked by recent media attention on the great summer activities that are available in northern Michigan. Sleeping Bear Dunes and Traverse city have both been highly ranked among American vacation destinations, and locals say that the accolades are paying off, bringing in more tourists and

Experts say that the increase in existing home sales last month is yet another sign that the housing market is stabilizing and will soon improve. Purchases of existing homes increased by 3.4 percent in April. Industry analysts say that improvements in the job market and historically low interest rates on

The Bureau of Consumer Protection at the FTC is warning anyone who owns a timeshare to expect a call from phony companies perpetrating a fraud. The scheme has become so widespread that the FTC says timeshare owners all over the country can expect to be approached and offered phony deals.

With housing prices and interest rates at historically low levels, many Detroit residents consider this to be a good time to invest in real estate. However, just because a price seems low doesn’t mean that the property will be a worthwhile investment, so prudent potential buyers should consider some of

Many major cities have a tradition of spring home tours of notable area residences. Being a part of a home tour can help homes that are for sale get better visibility and can help bring notoriety to the neighborhood. In Detroit this spring, homeowners associations from all around the city

Even in the tough economy, Michigan families looking for a new home can still be quite choosey. One of the important features for many home buyers is how environmentally friendly a home is. Energy efficiency can save families large amounts of money over the course of owning a home. Investing

While the economy is certainly not totally recovered, this might still be a good time for some Michigan residents to consider buying a second property. With low mortgage rates and plenty on the market to choose from, many people who can afford it are choosing to purchase a second home

Analysts estimate that over the next few years, about 6 million more homes will fall into foreclosure. While this is certainly not good news for the properties themselves, it also means that many of those homeowners will become renters. The rental market has been favorable for landlords recently, setting records

Many homeowners are familiar with the offers they get in the mail advertising mortgage relief or refinancing programs. Some of the offers seem too good to be true, and a recent action by the Federal Trade Commission suggests that they are not true. One of the companies being sued by

An English manor-style home built in 1915 is back on the market in Detroit for the first time in more than 30 years. The historic home, known as Stone Hedge, is a rare glimpse in to life in Detroit just after the turn of the century. The lavish home is