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A regular feature here is a rundown on the monthly statistics for homes in Plymouth, Michigan. Â The charts presented here are created by only looking at the homes that sold in the past month. Â In this case, we looked at the Plymouth, Michigan (city and township) homes that sold in January. Â The charts themselves… Continue Reading
Todd’s pulled out his crystal ball, is staring at the tea leaves and generally trying to help predict what the 2010 Plymouth, Michigan housing market is going to be like. We all know that the 2009 real estate market was less than stellar. Â The silver lining in 2009 is that, despite many predictions to contrary,… Continue Reading
Getting an FHA mortgage on a home will get a little more difficult this spring and summer. From the official announcement of the new FHA guidelines: Mortgage insurance premiums are increasing from 1.75% to 2.25% (based on mortgage amount) Sub-580 FICO scores will need to bring a minimum 10% in downpayment to the table Seller… Continue Reading
2009 proved to be an interesting year in the Plymouth, Michigan real estate market. Like many other real estate markets, Plymouth had its share of obstacles: tighter credit markets, increased underwriting standards, decreasing property values, etc. But one thing did remain the same: properties still sold! As a part of a regular feature here on… Continue Reading
Recently Michael McClure wrote a post on short sales and why, as a buyer, they may not be the optimal option for you to consider. So, what happens if you are a seller and find yourself in the position of needing to sell your home short? You Are Not Alone First, understand that the… Continue Reading
