Neighborhood Spotlight

Found 33 blog entries about Neighborhood Spotlight.

 

Is Your House Priced To Sell Immediately (PTSI)? | MyKCM

In today’s real estate market, with more houses coming to market every day and eager buyers searching for their dream home, setting the right price for your house is one of the most important things you can do.

According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the past two years, but have started to slow to 4.4% over the last 12 months. By this time next year, CoreLogic predicts that home values will be 4.6% higher.

With prices slowing from their previous pace, homeowners must realize that pricing their homes a little OVER market value to leave room for negotiation will actually dramatically decrease the number of buyers who will see their listing! (see the chart below)Is Your House Priced To Sell Immediately (PTSI)? | MyKCMInstead of the seller

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What Credit Score Do You Need To Buy A House? | MyKCM

There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed!

Only 25% of the Americans have a FICO® Score between 740 and 800. Here is the breakdown according to Experian:

  • 16% Very Poor (300-579)
  • 18% Fair (580-669)
  • 21% Good (670-739)
  • 25% Very Good (740-799)
  • 20% Exceptional (800-850)

Randy Hopper, Senior Vice President of Mortgage Lending for Navy Federal Credit Union said,

“Just because you have a low credit score doesn’t mean you can’t purchase a home. There are a lot of options out there for consumers with low FICO® scores,”

There are

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7 Things To Avoid After Applying for a Mortgage! | MyKCM

Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer. They will be able to tell you how your decision will impact your home loan.

Below is a list of 7 Things You Shouldn’t Do After Applying for a Mortgage! Some may seem obvious, but some may not!

1. Don’t change jobs or the way you are paid at your job! Your loan officer must be able to track the source and amount of your annual income. If possible, you’ll want to avoid changing from salary to commission or becoming self-employed during this time as well.

2. Don’t

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What’s Going On with Bidding Wars? | MyKCM

In a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected. This makes sense! A seller’s market is defined as a market in which the inventory of homes for sale cannot satisfy the number of buyers who want to purchase a home.

According to the Cambridge English Dictionary, bidding wars occur when two or more parties repeatedly outbid each other as they compete to purchase something- in this case, a home.

In some areas of the country, first-time buyers have been met with fierce competition throughout their experience. Some have been out-bid multiple times before finally winning a bid on a home to call their own.

According to the latest Existing Home Sales Report from

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How to Have a Unique Open House | MyKCM

According to the National Association of Realtors, total inventory has been growing for six months straight, as has the number of buyers looking to find their dream home. In a market where inventory is increasing, you want to stand out in the crowd!

This quote from Grandscope puts it well:

“You can differentiate from competition by WOWing or exciting customers, not just trying to compete on price.”

What better way than to be creative with your Open House!

Here are a few ideas for how to do this in this era of technology.

1) Facebook Live Virtual Open House

This can also work as a ‘preview’ before an official Open House. Let your agent walk potential buyers through your home using a webcam or cell phone, highlighting the

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Home Prices Up 5.73% Across the Country! [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
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No Worries… Home Prices Coming in for a SOFT Landing | MyKCM

Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing.

The previous housing market was fueled by an artificial demand created by mortgage standards that were far too lenient. When this demand was shut off, a flood of inventory came to market. This included heavily discounted distressed properties (foreclosures and short sales).

Today’s market is totally different. Mortgage standards are tighter than they were prior to the last boom and bust. There is no fear that a rush of foreclosures will come to market.

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2019 Plymouth Ice Festival - Bittinger Team, REALTORS

One of our favorite Plymouth, MI events returns in January to delight and inspire you. Visitors from all around are invited to the 2019 Plymouth Ice Festival to view the beautiful ice sculptures and enjoy all downtown Plymouth has to offer.

This free event kicks off on Friday, January 11, with the opening ceremony and ribbon cutting at 7:00 pm. Ice sculptures are available for viewing 24 hours a day and will remain standing after the event, weather permitting. The official festival hours are:

Friday, January 11 - 5:00 pm to 10:00 pm

Saturday, January 12 - 10:00 am to 10:00 pm

Sunday, January 13 - 10:00 am to 6:00 pm

 

The Plymouth Ice Festival - Enjoy Winter in Downtown Plymouth

The Plymouth Ice Festival will feature over 100 ice

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Glengarry Village Canton, MI - Bittinger Team, REALTORS

Glengarry Village in Canton, MI is a homeowners dream! From spacious homes to its proximity to fantastic amenities, this Canton, MI neighborhood has so much to offer home buyers.

As local Canton, MI Realtors, we’re proud to be a reliable source of information for Canton, MI neighborhoods. If you’re searching for a team you can trust to guide you to the right community and show you homes that fit your lifestyle and needs, let Bittinger Team, REALTORS assist you.

 

Canton, MI Homes for Sale in Glengarry Village

This beautiful neighborhood in Canton, MI features 218 homes mainly built in the 1990s. Homeowners love having plenty of room to grow with many houses boasting four or five bedrooms and over 2,000 square feet.

Houses in this

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Plymouth, Michigan Holiday Guide - Bittinger Team, REALTORS

It’s cold out there, so check out these delightful holiday events in Plymouth, MI. All season long you’ll find local shopping, dining, and entertainment to lift your spirits and warm your heart. Check out the events in this holiday guide to see why Bittinger Team, REALTORS loves holidays in Plymouth, MI!

 

Holiday Events in Plymouth, MI

  • Walk of Trees at Kellogg Park, Now - January 1, 2019 - Get in the holiday spirit as you take a walk downtown and enjoy the trees lining the walkways of Kellogg Park, decorated by local businesses and organizations.

  • Santa House Saturdays, Now - December 24, 2018, 12:00 pm - 4:00 pm - Santa will be greeting families at his house in Kellogg Park! If it's Saturday, and you're enjoying a walk through

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