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

I thoroughly enjoy reading about the real estate market in general, and often find myself nodding along to a point an author makes or wanting to add my 2 cents to the topic.    What I have learned over my 15 years in the real estate industry in the county I live in (Macomb County MI) [...]

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Shadow Inventory.  It’s a murky term, as the word “shadow” usually means something dark following us around.    When we hear it in a way that relates to our local real estate market, for example Macomb County and the Metro Detroit area, it means homes that are sitting vacant on our blocks and in our subdivisions [...]

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Several months ago I read an article written by another real estate agent (in another part of the country) about an incident she had while showing homes to a  young buyer couple. The house was empty (the sellers left for the showing) and the buyers looked at the home thoroughly, even though they really [...]

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I’ve heard it so often that I cringe each time I hear it from a potential home buyer: “So-and-so told me to never offer more than 50% of the list price” or some version of that sentence.

My response? If the homes list price is double what the market value is, then by all [...]

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In the last month or so I have received more phone calls about an article I wrote last year that warned Macomb County MI home buyers about “tagged” homes and the certificate of occupancy that is needed before they can move in.
There are 2 things I have learned from these calls:    1) Some buyers agents [...]

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I will probably sound like a broken record   (if you are old enough to remember vinyl records):
Once again there is chatter and some serious talk about the government raising FHA down payments to 5%. (Currently the down payment for an FHA mortgage is 3 1/2 percent.)  This is just one of the changes being proposed [...]

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If you’ve been searching all of the homes for sale databases in Macomb County (or the tri-county area) then I’m sure you’ve been seeing many listings of homes that are Fannie Mae held foreclosures.   One of the nice features of these foreclosures is that many of the homes are approved for a Fannie Mae renovation [...]

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I didn’t think it would happen during this time of the year (lousy weather, people not anxious to move in the winter, etc) but nothing should surprise me anymore.

My buyer client sent me a list of 6 homes that she would like to view tomorrow, and when I pulled up the 6 homes only 1 [...]

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One of the features that I really find helpful in our MLS systems (Mirealsource™ and Realcomp II ™) is a listing history for each home on the market.   If a home has been on the market before (records going back to about 1997) there will be a history of it.
When a buyer client is interested [...]

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A couple of weeks ago I had a co-worker ask me about this blog, as she had found it doing a search for information about condo sales with the new HUD guidelines.  She noticed that there weren’t many comments on the blog and asked “Do you ever feel like you are just talking to yourself?”
I [...]

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