Chat about Macomb County MI real estate & Homes for sale search site

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 it with many
different reasons but [...]

[Read more →]

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, [...]

[Read more →]

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 mortgage [...]

[Read more →]

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)
Most of [...]

[Read more →]

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 in [...]

[Read more →]

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 to [...]

[Read more →]