Category Archives: Realtor Magazine

Inventories Drop, Prices Rise

Housing inventories drop and list prices rise…Found this article in RealtorMag dated 02/21/12, hopefully this trend continues. In a growing number of housing markets, sellers are facing less competition now compared to a year ago. Inventory of for-sale homes has dropped by about 23 percent compared to this time last year, and fell by 6…

Winter Gardening in Lake Orion MI

Just because your garden is dormant for the winter doesn’t mean you should snooze, too. Experienced gardeners do their dreaming, and planning, when the snow flies. So while you’re thinking of blossoms and butterflies, be sure to add trees and shrubs that look great even in snow. It’s all about structure 3 season landscapes concentrate…

Incentives For Short Sales

Banks offer more cash incentives for short sales…Article in RealtorMag on how banks are offering incentives to homeowners. More banks are offering home owners incentives to sell their houses in a short sale to prevent a costly foreclosure to the bank. In fact, some banks are offering struggling home owners as much as $35,000 to…

Peace of Mind While You’re Away

Easy to install security cameras let you keep an eye on your home from afar, ensuring safety and security for you and your family. Thanks to internet based web cameras, adding home security cameras is an affordable weekend project and you may get a discount on home owners insurance, depending on the system you’ve installed….

2011 Energy Tax Credits

2011 energy tax credits: what you need to know to collect… They’re not as much as they used to be , but there are still energy tax credits to be had for upgrades. 2011′s federal energy tax credits of up to $500 for various home improvements are a far cry from what they were in 2009 and…

Pushing People to Buy

Will high rents push people to buy homes?…This article in RealtorMag from 01/27/2012 talks about the rising rents and how tenants will start to look to own. With Marcus & Millichap’s National Apartment Report showing that the U.S. average for asking rents in 2011 came in at $1,061 a month, housing analysts believe more apartment…

Rising Rents, Home Buying a Better Choice

Rising rents make home buying a better choice…Article from RealtorMag about the rising rental rates. Fallen home prices and record-low mortgage rates have pushed housing affordability to a 40-year high. Meanwhile, rental prices are continuing to rise at a fast pace, according to a new report released by Hotpads.com, a rental listing service. Rental prices…

Mortgage Rates – New Record Lows

Found this article on mortgage rates in RealtorMag…cheap money. Mortgage rates were back to hitting record lows again, pushing housing affordability even higher to home buyers, Freddie Mac reports in its weekly mortgage market survey. For the sixth consecutive week, the 30-year fixed-rate mortgage, the most popular choice among buyers, has averaged below 4 percent…

Mortgage Relief to Unemployed

This mortgage relief article from Fannie Mae was in RealtorMag 01/12/2012… Fannie Mae says it will be providing more mortgage aid to the unemployed, possibly extending the forbearance period to up to a year to those who qualify. Starting on March 1, Fannie Mae will require mortgage servicers to extend the forbearance relief to qualified…

Foreclosures Post Big Drop

Found this article in RealtorMag about foreclosures, dated 01/12/2012… Foreclosure filings posted a 33 percent drop in 2011, falling to their lowest levels since 2007, RealtyTrac reports.  During 2011, one in every 69 homes received a foreclosure filing and 804,000 homes were repossessed — compared to 1.05 million homes that were repossessed during the foreclosure…