Report: America Is Short 5.24M HomesMore real estate listings are coming to the market, but that won’t be able to make up for the fact that America is short millions of homes based on population needs. That likely means home buyers will continue to face inventory shortages and a dearth of homes for sale in the future.The U.S. is short 5.24 million homes. That is an increase of 1.4 million hom...
30-Year Mortgage Rate Inches Down to 2.86% This WeekMortgage rates followed the trend of the 10-year Treasury yield this week and inched lower. But these historically low rates—averaging 2.86% this week for the 30-year fixed-rate mortgage—are expected to rise over the course of the next few months.The National Association of REALTORS® predicts that mortgage rates will rise to 3.5% by mid-2022 as t...
How To Protect Your Home During Storm Season: 8 Preparation Tips for HomeownersEnvelopeFacebookTwitterLinkedinPinterestAlthough we don't have hurricane season here, the end of November typically marks the start of our storm season in Michigan. “Homeowners should be thinking about this now as if we are in the peak of storm season,” “With tropical storms, hurricanes, and severe thunderstorms r...
10 Tips For Selling Your Home Fast!Spring is traditionally the home buying and selling season but with so many more houses on the market during this time, sellers may find it difficult to differentiate their home and eliminate some of the competition. So what can you do to increase your chances of making the first sale? Here are some ideas from Home magazine for putting your house in tip-top, a mo...