Category: Buyers
Real Estate Investment Percentage Rules
Have you ever wondered what the formula is to make money in real estate? Guidelines or rules can help you gauge profitability and improve your results before you invest in a home to flip and resell quickly, or a rental home. Home flippers use the 70% rule, meaning that the maximum price you pay for... Read More
What Buyers Want in 2022
Virtual interior designer/home stager Stuccco.com compiled a wish list from numerous online sources that experts say homebuyers want in 2022. Many popular features aren’t what home sellers may think. Before you upgrade your home to sell, consider these top five homebuyer preferences: Laundry rooms Exterior lighting Ceiling fans Patios Walk-in pantries Laundry rooms. Homebuyers don’t want to go... Read More
Interior Painting Tips
Buying a home is a fresh start in many ways, and one of the first things you may want to do is paint your new interior. While the neutrals that seller may have chosen are okay, you may want to repaint with color choices of your own. Start with a high quality paint that is designed to last, and plan... Read More
5 home decor trends for 2022
The way Americans use their homes has changed since the advent of the pandemic and has informed interior design trends for 2022. These ideas are so smart, they’re likely to stick around even after the pandemic is over. Smart furniture – According to Puffy.com, the smart furniture industry is on track to reach $244 million by 2024.... Read More
The Post-COVID Appeal of Suburbia
Do homebuyers want the same things in their next home as they did before the COVID pandemic? In some ways, yes, and in others, no. According to the latest summertime Realtor.com survey, post-COVID homebuyers are willing to spend more money on a home, have saved more money toward a downpayment as they sheltered in place,... Read More
How to update your kitchen
Neutral kitchens are supposed to complement any décor, but they can become bland over time. What can you do to make your kitchen more exciting? Make it artsy Art galleries have neutral walls because they don’t compete with the art, so hang a colorful abstract painting in a key location. Have fun with artistic-themed dishtowels,... Read More
Renting Out a Room in Your House
We’re living in a sharing economy, says Realtor.com, so it should be no surprise that 69% of homeowners in a recent survey would rent out part of their home if it had a separate entrance, kitchen, and bathroom. 32% have already rented out a room, space, or outdoor feature on their property. You can generate extra... Read More
Should I move, improve, or relocate?
Today’s question, presumably asked by millions of homeowners, “to move, improve, or relocate?” for many, may not be the right question. The conventional question regarding whether one should move, improve, or relocate typically occurs when home sellers are attempting to resolve some of the following issues: Should we put in a new kitchen and go... Read More
Dr. Lawrence Yun, NAR Chief Economist, on Ann Arbor’s Economic and Housing Outlook
Dr. Yun delivered an economic outlook and forecast of the local Ann Arbor housing market at the meeting. Read More
Top 5 Must-Haves for Millennial Homes
Born between 1980 and 1995, the Millennial Generation (also known as Generation Y, because it comes after Generation X), is now prime homebuying age. According to the National Association of REALTORS,® 49 percent of homebuyers 36 years and younger have children under the age of 18, 66 percent are married couples, 17 percent are single women, and... Read More