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Macomb County MI real estate blog

Mortgage changes coming around once again – what it means for Macomb County MI home buyers

September 10th, 2010 · No Comments · fha mortgages and first time home buyers, mortgages in michigan, tips for home buyers

Wow.  Once again we have some major mortgage changes coming and until things are settled (by HUD and FHA) it could become very confusing for home buyers, and will most certainly affect the Macomb County area as well as the rest of the state. One website that I am thrilled about is called Mortgage Myth [...]

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What *were* we thinking?

July 15th, 2010 · No Comments · tips for home buyers

When my hubby and I purchased our home 13 years ago we both wanted a big lot.  (Larger than the norm in subdivisions.  A typical lot in our sub in Macomb County is 50 X 110.)  We didn’t buy acreage, but our home does sit on a double width lot.  It was nice the first [...]

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Viewing homes on these hot humid days -notably, foreclosures and other vacant Macomb County homes

July 12th, 2010 · No Comments · macomb county mi real estate market, tips for home buyers, tips for purchasing a foreclosure

During the cold winter months I long for summer. Viewing the foreclosures and vacant homes in the winter isn’t much fun.  In fact, it can be quite challenging and uncomfortable.  My buyers and I cringe each time we trudge our way through snow drifts to enter the home, and no relief is found on the [...]

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Investors: Looking for an Eastpointe home?

June 16th, 2010 · No Comments · Eastpointe, macomb county mi real estate market

This home just went on the market today. It’s a wonderful investment home priced well at $29,900.  Clean, updated and better yet – it’s NOT a short sale or a foreclosure! Please contact me if you have any interest in this lovely Eastpointe home. ~Kris Wales~ A partner for your real estate needs in Macomb [...]

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1st time home buyers tax credit & our military members

May 28th, 2010 · No Comments · tips for home buyers, Up to $8000 1st time home buyers tax credit

One thing that seemingly became lost in the hullabalooo about the ending of the first time home buyers tax credit is this:  Our active duty military members will not miss out because they are serving our country and away from home.  The tax credit is available to them upon their return. Military members and some [...]

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“Normal” sales versus foreclosure sales prices in Macomb County MI

April 23rd, 2010 · No Comments · macomb county mi real estate market

Last week I received an email from a past client who purchased a home in St. Clair Shores several years ago.  She wanted to know how sales were going in her area, and if we are seeing signs of market recovery yet. What I found was actually rather encouraging: A couple of homes similar to [...]

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Home sale statistics for March 2010 – what we’re seeing and how it relates to a housing recovery in our area

April 14th, 2010 · 1 Comment · macomb county mi real estate market, Macomb County MI real estate market report

One of our area multilist associations (Realcomp II Ltd.) has just released the March 2010 housing sales report and I have to say, I’m excited about what I’m seeing.   Most real estate professionals feel that the housing market will truly show signs of a recovery when 3 things happen consistently:    Number of homes on the [...]

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Home sales up in Macomb County – will it continue?

April 13th, 2010 · No Comments · macomb county mi real estate market

The Detroit News had a nice article yesterday about Metro Detroit home sales increasing during March of this year.   One question that it brought to my mind though is this:  Will it last? Real estate professionals in Macomb County and the surrounding Metro Detroit area have been witnessing the rising of the number of homes [...]

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Making an offer to purchase a Macomb County home? Ask your buyers agent to help you avoid an appraisal issue

February 5th, 2010 · No Comments · Appraisals in Macomb County MI, macomb county mi real estate market, tips for home buyers

When you plan on purchasing a home using mortgage money it doesn’t matter what type of mortgage you are applying for (FHA, VA, Conventional) – your mortgage lender is going to order an appraisal of the homes value. They will want to make sure that the amount of money you are asking to borrow is [...]

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Reduction in the number of foreclosures on the market in Macomb County MI

September 1st, 2009 · No Comments · macomb county mi real estate market, Tax credit for first time home buyers in Macomb County MI, tips for home buyers, Up to $8000 1st time home buyers tax credit

If you have been out and about looking at homes for sale in the Macomb County area then you surely have noticed that the number of homes on the market that are foreclosures (bank owned) is less than what it was a few months ago. Part of the reason for this lower number of bank [...]

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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.