It’s a technical term that many home buyers and home sellers can become confused about: Qualified Residential Mortgage. So what exactly is it and how does it affect you? In a nutshell, a QRM as it’s sometimes referred as, enables home buyers to avoid the costly down payment option when securing a mortgage. And experts […]
All posts by Mike and Mary Gladchun
What Every Canton, MI Home Buyer Should Know About Appraisals
I was recently reading an interesting article about home appraisals that I would like to share with you as a Canton area home buyer. Evidently, legislative changes in recent years have resulted in a spike in the price of home appraisals. What’s more, low ball appraisals (which are infamous for breaking up real estate deals) […]
5 Predictions for the US Housing Market in 2015
Are you a current home owner who is considering listing your property on the market in 2015? If so, then you’re likely to enjoy a lot of success! After all, Realtor.com recently released its top predictions for the housing market in the New Year. And all of them seem to favor home sellers. Let’s Take […]
10 Winter Home Improvements That Are Worth The Investment
We hope everyone had a memorable Thanksgiving Day last week and enjoyed the long holiday weekend. With December officially upon us, residents can expect temperatures to continue to dip as we head into the New Year. So today, we wanted to share with you some relatively easy home improvements that you can make that will […]
More US Home Buyers Returning to Market Because of Easier Mortgage Rules, Stable Rates
More and more home buyers are returning to the US housing market because they’re noticing favorable market conditions. Specifically, buyers are feeling more comfortable about navigating the market thanks to interest rate stabilization and easier mortgage rules, according to a recent article by Reuters. This is fantastic news for the overall health of the housing […]
US Home Sales Rose In September, Report Shows
U.S. homes sold at a faster rate in September than any other time this year, a recent report from the National Association of Realtors said. Evidently, sales of existing homes increased 2.4 percent from the previous month to a seasonally adjusted annual rate of 5.17 million. Experts are saying that this increase is a great sign that […]
Excellent News for Home Buyers: US Prices Stabilizing
If you’ve been weighing whether now is the right time to enter the local housing market as a home buyer, we have some news to share with you that will help you decide. According to a recent report from real estate data provider CoreLogic, U.S. home price gains are slowing down, despite an increase during […]
US Real Estate Market Sees 6-Year Home Sales High
We’re breaking records on the U.S. housing market! Evidently, during the month of August, national home sales reached their highest levels in more than six years, according to a recent report from the Commerce Department. This is incredible! That means that sales activity has returned to the levels it was pre-bubble burst. And this spells […]
Report: Big Homes Are a Hot Trend on the National Real Estate Market
Big homes are a big deal on the national housing market, according to a recent article in USA Today. Evidently, a growing number of home buyers are looking for larger homes to accommodate their every need and desire. In fact, of the 569,000 homes built last year in the US, about 33 percent (or 188,000 […]
US Home Sales Outperform Real Estate Experts’ Previous Predictions
It’s always a good sign on the national housing market when sales activity is better than even the experts predicted! And that’s exactly what happened recently when the latest market activity report was released by the National Association of Realtors in July. Evidently, contracts to purchase previously-owned properties increased more than expected during the month […]