Michigan Real Estate Blog
Posted in articles on Feb 21st, 2012
Find and Search Three and Four Bedroom Bloomfield Historic homes for sale in Bloomfield Mi. Homes for sale Bloomfield Waterfront Lakefront homes are easy to find and are a great value. Bank owned, foreclosed, foreclosure Bloomfield homes. Historic Home for sale in Bloomfield Michigan in Oakland County in zip codes 48346 48348 48350 . The [...]
Posted in articles on Jun 3rd, 2011
Among the most hotly contested ideas that bank regulators have proposed to reduce the risk of another financial crisis is a rule making a 20 percent down payment mandatory on some new home loans. Consumer advocates, civil rights groups and lending industry groups alike have said that such a rule would deter many families from [...]
Posted in articles on May 16th, 2011
A new survey reveals that more than half of homebuyers today don’t know what the Good Faith Estimate is actually good for – namely, to shop around for the cheapest mortgage loans on the market. In a survey released by ING Direct on Wednesday, 56 percent of respondents did not use the GFE to compare [...]
Posted in articles on Apr 16th, 2011
By Alec Foege The spring homebuying season is well underway, but everything isn’t exactly coming up roses. For one, news reports from around the country are offering contradictory assessments of the residential real estate market. A broker in Spokane, Wash., Sabrina Jones-Schroeder at Exit Real Estate Professionals told MSNBC.com, “It’s so hard to tell [...]
Posted in articles on Feb 16th, 2011
February 16, 2011 | Banks are increasingly telling borrowers that if they want to buy a home, they need to come with a higher down payment. Banks are requiring higher down payments in order to help mitigate the bank’s risk as home prices continue to fall. Plus, banks say larger down payments discourage delinquencies. The [...]
Posted in articles on Feb 8th, 2011
U.S. home prices fell for the fifth month in a row in December, but the rate of decline is decelerating, according to the latest Home Price Index from mortgage data aggregator CoreLogic. The CoreLogic HPI showed national home prices falling 5.46 percent from a year ago in December. Looking at the year as a whole, [...]
Posted in articles on Jan 13th, 2011
Daily Real Estate News | January 13, 2011 | New home construction is looking up this year. During an economic update Wednesday at the International Builders’ Show in Orlando David Crowe, chief economist of the National Association of Home Builders, projected single-family housing starts to rise by 21 percent in 2011, reaching 575,000 units. The [...]
Posted in articles on Jan 4th, 2011
RISMEDIA, December 28, 2010—Improvements in consumer spending and consumer confidence, increased demand for goods and services, and falling unemployment claims are all positive factors for a brighter outlook as we move into 2011, according to the December 2010 Economic Outlook released today by Fannie Mae’s (OTC Bulletin Board: FNMA) Economics & Mortgage Market Analysis Group. [...]
Posted in articles on Dec 1st, 2010
As the year winds down, many homeowners fear that now could be a bad time to sell their home. While it’s true that the holidays can deter some folks from house hunting and making a major purchase—don’t give up. If your house is on the market, step up the action plan to draw attention to [...]
Posted in articles on Dec 1st, 2010
Foreclosures make up a large segment of the housing market at this time, accounting for around 19% of total sales. This percentage is much higher in areas that went from boom to boost, such as in the states of Florida, California, and Arizona. According to Realtytrac.com, 1 in every 371 housing units received a foreclosure [...]
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