March 2017

Found 8 blog entries for March 2017.

If you've ever wished to break free from the cookie cutter stylings of modern day subdivisions, we have just the home for you. Located in the heart of Canton Michigan, this home has a sizable property and some unique features that you don't see in most subdivisions. And, it's at a very affordable price. The link to the full photo album is below, so be sure to check out every room and enjoy the big, beautiful yard, too. Contact us, Bittinger Team, REALTORS, at 734.459.2600 or team@bittinger.com to see it right away!

Huge Yard

This property, located at 44101 Warren Road, Canton MI, is situated on over a half acre of land, which makes it among the larger lots in town. You certainly won't find a lot that big in most subdivisions! The backyard gives

696 Views, 0 Comments

check

There are some people who have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage - either yours or your landlord’s.

As Entrepreneur Magazine, a premier source for small business, explained this month in their article, “12 Practical Steps to Getting Rich”:

“While renting on a temporary basis isn't terrible, you should most certainly own the roof over your head if you're serious about your finances. It won't make you rich overnight, but by renting, you're paying someone else's mortgage. In effect, you're making someone else rich.”

Christina Boyle, Senior Vice President and head of the

236 Views, 0 Comments

Ranch-style homes are more popular than ever in Canton Michigan as home buyers are shifting their interest from large, colonial homes to single-level living. If you're thinking that a ranch home might be just what you want for your next home, it's time to take a look at a brand new subdivision just starting to build, right here in Canton.

Ranch homes can be hard to find, so when you decide that this is exactly what you need in your next home, it can be tricky to find just what you're looking for. Pulte Homes, one of America's most popular builders, has been building homes in Canton for a long time; but, this is the first subdivision that we know of in Canton MI that is made up exclusively of ranch homes.

Features of Grandview Estates

The

408 Views, 0 Comments

Are wide-open spaces calling you? Every now and again a homeowner outside of Plymouth or Canton asks us to help them sell their home. And, why not? We've been helping people buy and sell homes in southeast Michigan since 1983 so there's no one better! That's why we are telling you about this very special Highland Township Michigan home for sale that has wide-open spaces inside and out.

Wide-Open Spaces

Here, you have wide-open spaces inside and out. Enjoy a large, open floor plan with formal living spaces separated by elegant columns. The separate den has French doors, large windows, and a stunning built-in cherry bookcase. You'll fall in love with the two-story stonework that surrounds the gas fireplace in the comfy great room, which is completely

257 Views, 0 Comments

It's a Seller's Market! Should I Downsize Now? | Simplifying The Market

A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their houses in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller’s market.

In a blog, Dave Ramsey, the financial guru, highlighted the advantages of selling your current house and downsizing into a smaller home that better serves your current needs. Ramsey explains three potential financial advantages to downsizing:

  1. A smaller home means less space, but it also means less time, stress and money spent on upkeep.
  2. Let’s assume you save $500 a month on your mortgage payment. In 30 years, you could have an additional $1–1.6
498 Views, 0 Comments

couple

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.

This has caused some purchasers to lament the fact they may no longer be able to get a rate below 4%. However, we must realize that current rates are still at historic lows.

Here is a chart showing the average mortgage interest rate over the last several decades.

Mortgage Interest Rates Went Up Again… Should I Wait to Buy? | MyKCM

Bottom Line

Though you may have missed getting the lowest mortgage rate ever offered, if you act now you can still get a better interest rate than your older brother or sister did ten years ago,

523 Views, 0 Comments

spring forward

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest and traditionally they would have been right.

Buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the country impacted by arctic temperatures and conditions.

That hasn’t happened this year.

Demand for housing has remained strong as mortgage rates have remained near historic lows.

The National Association of Realtors (NAR) recently reported that the top 10

318 Views, 0 Comments

Home_Prices

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment/market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

The results of their latest survey:

Home values will appreciate by 4.4% over the course of 2017, 3.4% in 2018, 2.8% in 2019, 2.7% in 2020, and 2.8% in 2021. That means the average annual appreciation will be 3.22% over the next 5 years.

Where Are the Home Prices Heading in the Next 5 Years? | MyKCM

The prediction for cumulative appreciation fell from 21.4% to 17.3% by

323 Views, 0 Comments