15 Jun , 2016
Redlining…that old fashioned sounding thing that is still happening…hopefully due to the lag of new ideas replacing old habits…It’s not OVERT racism: saying out loud that one person is better than another because of the color of their skin. It’s COVERT racism: you say out loud that everyone matters, but behind the scenes you do things to […]
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Art Aldrich, Chemical Bank, home buyers, home buying, home investing, home investors, home renters, Home Sellers, home selling, housing crisis 2008 and race, how do i get into a home, how is redlining done, how to find a home to rent, how to find affordable housing, is racism still happening?, low income housing, low-income housing in grand rapids, Property Values, racisim in grand rapids housing market, real estate, real estate Grand Rapids, real estate industry, renting in grand rapids, what is redlining, why won't my mortgage officer get back to me?
8 Apr , 2016
You’d be surprised to know that in our current market there are many different kinds of home buyers (and consequently, home sellers). This should tell you something — that the market’s largely dictated by who you are. And if you don’t know who you are as a home buyer, you’re basically jumping into an ocean without a life jacket — pretty dangerous.
The beautiful thing about the budding real estate market we’re seeing right now is the ability of resources to gather data and try to make some sense out of the metrics. What houses are selling? Why are they selling? What’s trending? What’s hot in today’s market? How do you think people find out the answers to these questions? — surveys, metrics, data, information.
Know the info, and you’ll know the market. Plain and simple. That’s home buyer 101, the first thing you learn. In order to know the info, though, you have to know where you fit in as a home buyer. Here are the current ‘types’ (for lack of a better term):
Four — count ’em — four different types of home buyers. This makes it complicated. Especially for a home seller. Especially given the fact that by default this brings to the table four different types of home sellers out there. Forget the difficulty of finding the right person for a relationship! Knowing what you want in a home is one thing — knowing if you’re dealing with a millennial home buyer, or a gen-x home buyer, or a baby boomer, or one of the ‘silent’ ones will determine whether you sell that home, buy another one, or just opt for home renting.
Information is power in this ocean. And there are plenty of fish in the sea. The question is this: which fish are you, and are there enough of the smaller fish for you to snack on? Good question! WANT TO LEARN MORE ABOUT BUYING A HOME RIGHT NOW? CLICK HERE AND SIGN UP!
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7 Apr , 2016
It’s true, believe it or not. We’re guessing the real estate market is still so vibrant as mentioned here that even baby boomers from back in the ’80s and ’90s are still very much active when it comes to home buying. And they should be. Prospects are good. Why not take advantage of it?
15 Mar , 2016
So we’re sure you’ve read somewhere in the blogosphere the fact that the national real estate market’s exploding for obvious reasons (opinionated, yes, granted) and that even foreigners are taking a major interest in, say, a certain Lone Star state (granted, it’s only one state out of the entire country). Keep in mind this important fact — trends on home buying today continue to develop, and they’re only getting better.
Fresh into the year we are, and guess what: we’ve got the goods on home buying today, statistics showing that you’re most definitely in the market to buy, strangely enough partially thanks to the TRID mortgage rules and a strong employment market. Things are looking up in the nation. Here’s why:
Not bad on these numbers, right? Take heart if you’re looking to relocate or just move to the next better neighborhood in town.
Don’t hesitate. You never know what the trends will show next week. Or next month. Or, heavens forbid, next year. Jump on this and see if you can upgrade. The statistics don’t lie.
The post 7 Statistics Proving Why Trends Lead to Home Buying Today appeared first on The Complete Real Estate Site.
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23 Jan , 2016
You don’t have to be a real estate guru to know that the east coast so-called “blue” states over there are all about the real estate, real estate, real estate. Without a doubt, that’s where the market’s cutthroat, and it’s like a game of inches and timing. You strike when the iron’s hot, and you hope for some ROI in the process.
Thankfully, we have some good news for you: the entire national real estate market seems to be looking pretty good, primarily for home sellers, as home prices begin to skyrocket clear across the board –
Bear in mind that as a home seller, if you want some ROI for major investments you’ve made to your property and you’re looking to move out, you’ll want to wait until you start seeing these numbers. These are predictions. But as the real estate market continues to flourish as we see here, there’s no doubt that these predictions will shortly become realities. So let’s take a look:
Crazy, Right? Crazy Good!
Call that a touchdown if you will for real estate. This is a clear sign that, slowly but surely, our real estate market’s looking better and better.
23 Jan , 2016
22 Jan , 2016
It’s hard to believe, but it’s true: millennials in our real estate demographic for home buying have already been putting their stamp in the market share, which is a good thing for the industry. We’re not going to see a real estate explosion quite yet, though, given the record low numbers of mortgage applications among millennials (and a consistent high growth for home renting) due to lack of job growth, student loan debt, and a later timeline for marriage and new families.
What you need to know, though, is what exactly they’ll be looking for in terms of a home…. Keep that in mind. Because of the inventory of available houses aren’t there; those millennials aching for a home to buy, well, won’t buy – which is bad for real estate business.
Here’s what millennials will want in a home (and you certainly won’t need any Gray’s Sports Almanac to figure this one out):
This is getting heavy, Doc….
Preparation. That’s what it’s all about. Whether it’s home staging or a real estate agent who can access all the available homes, RTO or not, with all the correct features millennials are going to want. Because when they buy, people sell. Home improvements, renovations, maybe even new construction – the new millennial generation may drive this focus in.
So let’s align with it. And make the real estate market ready for the future (and flying DeLoreans). Sign up for more information with the HOPE Program today!
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22 Jan , 2016
income tax planning network, ITPN, real estate, real estate agent, real estate industry, real estate market, real estate professional, real estate taxes, tax deductions, tax refund, tax return, tax write-offs, taxes
22 Jan , 2016
Good news for all! It looks like the national real estate market is ready for an upswing of home prices due to low inventory, and every single state will be feeling it very, very soon. Yes, this does include the Midwestern states we all love so dearly. The crossroads of America. The Mitten. The Windy City. You name it.
Each of these states will be a pretty good place to sell a home with optimal returns. So if you live in any of these states, and you’re planning on selling your home somewhere in these corn fields, take a look at the home prices first and see if you should plan ahead for pricing that home on the higher end of the big bucks!
22 Jan , 2016
They’re called mortgage trends, friends. Do the research here. Of course, we’re noticing that there’s one major trend going on in the real estate market, and that’s the higher down payment, but perhaps you might want to stick with something lower. That’s okay. Want to know why?