Wage Increases Make Home Buying More Affordable Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages. How much a family earns obviously impacts how easy or difficult it is for them to
Michigan Real Estate News
Welcome to Michigan Real Estate News brought you by John Rice REALTOR Berkshire Hathaway HomeServices Michigan Real Estate for the Greater Grand Rapids and West Michigan Areas. Here you will find articles, data, videos and more relating to the local real estate market trends and the impact of national trends on our region.
New High for Home Sellers Net at Resale in Q3 2018 According to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232. This is the highest average price gain
Real Estate Update: Fall/Early Winter 2018 – Brought to you by John Rice REALTOR Associate Broker, Berkshire Hathaway HomeServices Michigan Real Estate.
Each year the National Association of Realtors (NAR) assembles an informative report that summarizes national data concerning buying and selling trends and characteristics for the current year. Below are 2 interesting infographics produced by NAR summarizing this data. Some of these facts may seem logical yet others may surprise you.
How Will Home Sales Measure Up Next Year? There are many questions about where home sales are headed next year. We have gathered the most reliable sources to help answer this question. Here are our sources: Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance
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