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January 2021
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251 views, By Rick Giese RE/MAX First
Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring.
161 views, By Rick Giese RE/MAX First
As we head into the home stretch of 2020, I want to bring you a quick update on what we saw in the third quarter here in Macomb County Michigan. We're still firmly in a strong seller's market; we need inventory badly.
231 views, By Rick Giese RE/MAX First
High Levels Of Housing Demand Expected To Carry Over Into The New Year Despite a rather unpredictable year, housing demand is one area that has remained strong. Now, Redfin CEO, Glenn Kelman, predicts, "This level of demand is absolutely insane.
179 views, By Rick Giese RE/MAX First
A 30-year, fixed-rate home loan isn't right for everyone. Depending on your plans, it might actually cost you more in the long run. Though they're less common, adjustable-rate mortgages (ARMs) are a better fit for many homebuyers.
207 views, By Rick Giese RE/MAX First
In a world where housing inventory has already been limited at best. In a top concern for years, homeowners and builders alike have a new factor to keep in mind.
202 views, By Rick Giese RE/MAX First
All things considered, overall, it's been a pretty positive year for real estate. Now, as we prepare for election time, you or even your clients may be wondering how the upcoming election could impact real estate activity.
199 views, By Rick Giese REMAX First
The housing market has continued its booming recovery, and sellers continue to benefit. But things might be changing soon. Let me give you the details: 1.
255 views, By Rick Giese RE/MAX First
Even as we enter real estate's fall season, home equity and demand continue to soar.
271 views, By Rick Giese RE/MAX First
Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates.
314 views, By Rick Giese RE/MAX First
How long have you lived in your current home? If it's been a while, you may be thinking about moving.
232 views, By Rick Giese RE/MAX First
Home isn't just "where the heart is" anymore. Due to the pandemic, it's also where more working, schooling and personal time are taking place. As a result, the demand for larger homes and list of essential features has shifted too.
251 views, By Rick Giese RE/MAX First
Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 2.86%.
209 views, By Rick Giese RE/MAX First
The Case-Shiller Home Price Index, which is considered the "gold standard" for appreciation, showed that nationally there was a 4.3% annual gain in June, which was unchanged from the gain we saw in May.
190 views, By Rick Giese RE/MAX First
We were recently asked the question if now is a good time to buy, but what about the other side of the coin? When we first saw friction in the real estate market, it's fair to say many buyers thought there would be an increased opportunity to negotiate...
293 views, By Rick Giese RE/MAX First
The residential real estate market has definitely been the shining light in this country's current economic situation.
268 views, By Rick Giese RE/MAX First
Today's housing market is making a truly impressive turnaround, and it's also setting up some outstanding opportunities for buyers and sellers.
214 views, By Rick Giese RE/MAX First
At just two months' worth, our inventory is extremely tight right now; there's no doubt we're in a strong seller's market where multiple-offer situations are commonplace in certain high-demand price points.
199 views, By Rick Giese RE/MAX First
How would you feel if you missed the current real estate boom? I get asked on a daily basis,  "How is business?"  My answer is dependent on if they are interested in buying or selling.
258 views, By Rick Giese RE/MAX First
The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here's a look at each one. 1.
251 views, By Rick Giese RE/MAX First
There's great opportunity for today's homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market.
335 views, By Rick Giese RE/MAX First
In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won't sell because of the pandemic and resulting economic recession.
452 views, By Rick Giese RE/MAX First
One of the biggest questions on everyone's minds these days is: What's going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their...
158 views, By Rick Giese REMAX First
What's the latest news from our Macomb County Michigan housing market? The bottom line is that inventory is extremely low and still shrinking.
385 views, By Rick Giese RE/MAX First
A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible.
276 views, By Rick Giese REMAX First
The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: "The U.S.
114 views, By Rick Giese RE/MAX First
We've all heard a lot about FOREBEARANCE on mortgages lately, and we felt it would be a good topic for today's mortgage update email! The following update is for CONVENTIONAL mortgages and how forbearance can have impact on qualifying for a new mortgage..
138 views, By Rick Giese RE/MAX First
As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market.
283 views, By Rick Giese RE/MAX First
As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices.
182 views, By Rick Giese RE/MAX FIRST
One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back to..
354 views, By Rick Giese RE/MAX First
All eyes are on the American economy. As it goes, so does the world economy.
310 views, By Rick Giese RE/MAX First
With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted.

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