Farmington Hills

Don’t even try to scrimp on this cost if you are purchasing a new/used home. This is probably some of the best money that you will spend in purchasing your home. It can save you heartache and future hardship. Getting a good qualified inspector is imperative in beginning your inspection process. » Read more  

….Or in any market for that matter. If you are faced with the prospect of selling your home in today’s market, there are definitely things that you can do to give yourself the best advantage for getting the most money that a buyer is willing to give you for your home in this market. » Read more  

There was very little daily movement in mortgage rates during the holiday-shortened week, and they ended the week nearly unchanged. The economic news during the week contained few surprises. Following better than expected results for May, investors were closely watching the June Employment report for clues about the timing of any economic recovery. Thursday’s data showed » Read more  

MORTGAGE INFORMATION FOR FARMINGTON HILLS BUYERS Tame inflation data helped mortgage rates move lower early in the week, but stronger than expected economic data turned them higher later in the week, leaving mortgage rates nearly unchanged from last week. The announcement of larger than expected Treasury auctions next week ($104 billion) also was negative for mortgage » Read more  

FHA IS NOT JUST FOR THE 1ST TIME HOME BUYER as many people previously thought. FHA has come a long way over the many years to help buyers be able to call a house their own home. The percentage of FHA buyers has increased dramatically over just the past few years. FHA » Read more  

HOME SALES DO SEEM TO BE ON THE UPSWING for Farmington and several other areas in our neck of the woods. How could they not be with these prices! I never thought that home prices would be this good again, First time buyers are able to get into homes that they only » Read more  

The Farmington Hills Library is a plethora of information and resources for those souls searching for answers. If you haven’t visited the Library in a while, you might find it very interesting to see the changes that the libraries of today have made over the libraries of yesteryear. Libraries are not just houses » Read more  

As the pressure for higher mortgage rates has increased in recent weeks, investors have speculated that the Fed would step in to “defend” certain interest rate levels, but that hasn’t happened. This week, Fed officials explained that their mortgage-backed securities (MBS) purchases are designed to support the mortgage market and not to set rates. The » Read more  

From 5/17/2009- 5/23/2009. 17 listed homes went under contract and/or sold in Farmington Hills last week from $16,200 to $349,000, 9 of which were bank owned or otherwise distressed sales. 31 new listings came on the market last week from $29,900 to $999,999, 9 of which are bank owned homes or otherwise distressed properties. And, for the » Read more  

We all think that we know what Memorial Day is all about; however, many of us don’t truly give this day the respect and reverence that it deserves. I wanted to know more about how this day actually came about so I looked it up on Wikipedia and found out some facts that I » Read more