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Macomb County MI Real estate

Macomb County MI real estate blog

Entries from November 2008

Buy and Bail – We should be seeing a stop to this greedy practice in Macomb County MI

November 29th, 2008 · 2 Comments · macomb county MI, macomb county mi real estate market, mortgages in michigan

A phenomena that those in the real estate industry have witnessed for the past 2 years or so has been brought to a halt.  Finally. It’s what I (and others) termed “Buy and Bail”. In Macomb County some of what I saw and heard of was nothing but greed. Sure, home sellers tried to justify […]

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Foreclosures in Macomb County MI now priced well

November 23rd, 2008 · No Comments · macomb county MI, macomb county mi real estate market, tips for home buyers

One of the things I’ve noticed over the last 90 days or so while showing homes in our area is that the foreclosure (bank owned) homes are priced now with selling in mind. A year or so ago the banks overpriced the homes.  I believe they were setting their prices at what they were owed, […]

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A great side by side FHA vs Conventional mortgage analysis

November 18th, 2008 · No Comments · fha mortgages and first time home buyers, macomb county MI, tips for home buyers

Lately I’ve been bringing everyone up to date on available mortgages in Macomb County MI, especially those that will help first time home buyers. A friend of mine, Jeff Belonger (AKA the FHA Expert) has written an excellent article that gives you a nice side by side comparison on purchasing a home using a FHA […]

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New FHA mortgage loan limits for 2009

November 16th, 2008 · 2 Comments · chesterfield township, fha mortgages and first time home buyers, macomb county MI, macomb county mi real estate market, SANG, st. clair shores, tips for home buyers, tips for home sellers, Uncategorized

HUD and FHA came out with their annual assessment recently, and new FHA loan limits have been announced for those who wish to purchase a home in 2009. For Macomb County the limit has been lowered due to declining property values.  The 2009 mortgage amount has been limited to $271,050. (This is down from $297,500) […]

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How’s the real estate market in Macomb County MI?

November 3rd, 2008 · 1 Comment · macomb county MI, macomb county mi real estate market

Don’t let the headlines fool you.  Homes are selling in our county, including homes over $200,000.  Yes, people can still get mortgages. Yes, there is help available for home buyers.  And no, I don’t know where the “bottom” of the market is. I cannot predict the future – all I can do is show you […]

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Trick or treating in Macomb County. I had fun, did you?

November 1st, 2008 · No Comments · macomb county MI

My 2 favorite trick or treaters treated me last night!   Grover Jr. and Leo (7 and 4 years old) invited me to their home to be a part of their Halloween. Leo had a fun time, although it was hard to harness him long enough to take his picture! I do believe he wanted Frankie […]

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Important copyright information: All photos were taken by Kris Wales. Do not copy and use photos for your own use, whether it be for personal or commercial purpose. All articles were written by Kris Wales. Once again, do not copy and use for your own purposes. Important disclaimer: Views expressed on the blog by the author and commenters do not express the views of Keller Williams Realty. All information contained is deemed to be reliable at the time of posting but not guaranteed.