Wayne County, MI Real Estate News

By Wendy & Greg Kime, Plymouth MI Real Estate Experts
(Kime Realty)
8774 Cogswell Street Romulus Ranch HomeJust Listed! 8774 Cogswell Street Romulus Ranch Home situated on a beautiful one-acre lot. This wonderful home offers: 2538 square feet, 4 bedrooms, and 2 bathrooms. Updated bathrooms. Incredible owner's suite with 2 walk-in closets and a dressing area. Massive laundry room with laundry tub and center island for folding clothes. Formal living and dining rooms. The gourmet kitchen features 2 sinks, stainless steel appliances, and luxury vinyl flooring. Tankless water heater. 200 amp electrical panel. ADT alarm system. 3 ceiling fans. The crawl space has 2 sump pumps and a 60-millimeter vinyl barrier. 16-kilowatt whole house Generac with auto switch system. 2 furnaces. Leaf guard gutters. New asphalt driveway. The garage is built to hold 3 cars...wou...
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By Wendy & Greg Kime, Plymouth MI Real Estate Experts
(Kime Realty)
44125 Nowland Drive, Canton Twp MI 48188New Listing! Welcome to this remarkable Canton Home in popular Nowland Estates Subdivision. Features include: 2131 square feet, with an additional 900 in the finished lower level. 4 bedrooms and 2.2 baths. Plymouth-Canton Schools. New driveway. Brick-paver service walk and front porch. Stunning 2-story foyer with a breathtaking winding staircase that features oak treads, iron spindles, and wainscotting with picture molding. Beautiful 3/4" oak hardwood flooring. Attractive two-tone paint throughout. Formal dining room with crown molding. Dramatic family room with cathedral ceiling. Gourmet kitchen with granite countertops and stainless steel appliances. The owner's suite features another cathedral ceiling and a private luxury bath with a quartz cou...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Detroit MI - FHA 203k is a hot commodity Where can we find properties in need of repair? That is easy, anywhere in the United States where homes are at least 1 year old. It's that easy for sure. The FHA 203k is the perferred loan for home in need of repair as you can purchase and get the money to make needed repairs all in one low interest loan.While there is no need to refinance after the work is complete but you may want to. All FHA loans have this little issue with Private Mortgage Insurance (PMI) that is nearly 1% per month (0.85% of the loan amount). You may want to refinance to get out from under that PMI.  
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By Wendy & Greg Kime, Plymouth MI Real Estate Experts
(Kime Realty)
VIDEO-Are We In a Housing Bubble? Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes sense to move before the spring market picks up. VIDEO-Are We In a Housing Bubble - Spring Should Bring a Wave of Buyers to the Market VIDEO-Are we in a housing bubble? In most years, the housing market goes through predictable seasonal trends in activity. Winter is typically a quiet point in the year, while spring sees a surge of buyers begin their search. And experts project that this year will be no exception. Right now, buyer...
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By Wendy & Greg Kime, Plymouth MI Real Estate Experts
(Kime Realty)
If you’ve seen Today's Foreclosure Headlines about distressed sales surging in the housing market, you’re certainly not alone. The stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed. You need to understand what that really means if you want to know the truth about what’s happening today. Here’s a deeper look.Proper ContextAccording to the Year-End 2022 U.S. Foreclosure Market Report from ATTOM, foreclosure filings are up 115% from 2021, but down 34% from 2019. As Today's Foreclosure Headlines grab onto this 115% increase, it’s more important than ever to put that percentage into context.The number of Today's F...
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By Wendy & Greg Kime, Plymouth MI Real Estate Experts
(Kime Realty)
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. 3 Factors that affect home affordability will be discussed in today's blog. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:“. . . with slowly improving affordability and a more optimistic economic outlook than previously believed, the housing market could show resilience in 2023.”The three measures used to establish home affordability are home prices, mortgage rates, and wages. Here’s a closer look at each one.1. Mortgage Rates -#1 of 3 Factors That Affect Home AffordabilityMortgage rates shot up to over 7% last year, cau...
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By Wendy & Greg Kime, Plymouth MI Real Estate Experts
(Kime Realty)
Real Estate Recession? What Past Recessions Tell Us About the Housing MarketWelcome to our blog where today we'll be discussing what to expect during a real estate recession. If you're looking for the best up-to-the-minute real estate material, you've landed in the right place!  It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming real estate recession. Economic conditions are determined by a broad range of factors, so rather than explaining each in-depth, let’s lean on the experts and what history tells us to see what could lie ahead. As Greg McBride, Chief Financial Analyst at Bankrate, says:“Two-in-three economists are forecasting a real estate recession in 2023 . . .”As talk about a potential recession grows, yo...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
https://activerain.com/droplet/GKkNI've heard that over 50 consultants have been removed from the HUD consultant roster in this state alone. No notice, just purged. Many had loans in the pipeline and now the lenders are scrambling to find a consultant to finish their submissions.
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
If you are moving to the Detroit area you may want to know the better cities that like west of downtown Detroit.  You may work downtown and want an easy drive down I-96.  Your spouse may work in the opposite direction in Ann Arbor and you may want to split the driving time for both of you.  So living west of downtown Detroit may be your best choice rather than living in the northern counties.When I say the four best cities near Detroit in the western suburbs I mean cities that have low crime, good schools, and that are desirable cities to live in.  Usually when you buy a home in a community that has low crime and good schools the housing prices are stable or rising.  That means when it is time for you to sell your home in the future you should be able to get more for the home. Here are ...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
What are the three best communities in Wayne County? Is it Garden City, Livonia, Plymouth, or what community in Wayne County is the best community for you and your family.   Everybody has there own criteria and as a Michigan relocation agent I like to hear from my relocation buyers what they are really looking for.   What are your wants and needs in a home and what do you want the community to have for you?If you are moving to Metro Detroit and and one of the areas you are considering is Wayne County  you may be wondering what are the best places to live in Wayne County are.  What are the best cities to move to in the suburbs of Detroit?  You may be working near the airport, in Ann Arbor, at Ford Motor Company, or downtown Detroit.  Living in Wayne County makes it very easy to get to an...
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By inboundREM Market Updates
(InboundREM)
Located in Wayne County, Plymouth, MI, a Detroit suburb, is one of the best places to call home in Michigan's Great Lakes State. It is home to several outdoor attractions, including the beautiful Hilltop Golf Course, which is a popular playground for golf enthusiasts, and the Riverside Caravan Park, which is a peaceful, secluded rural park that gives convenient access to the wonderful South Hams' beaches, Dartmoor National Park, and the Cornwall and Brittany Ferries port in Plymouth. If you're thinking about moving to Plymouth, Michigan, keep reading to learn more about the area and discover why so many people love to live here. Downtown PlymouthPlymouth's downtown area is undoubtedly one of the city's most alluring features. Located in the heart of Wayne County, Downtown Plymouth is on...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
If you are thinking of selling your home in the next year or so you may be wondering what you should do to prepare your home for sale.  These tips I am going to give you work whether you have a home in Commerce or a lake home in Waterford.  My goal as you listing realtor is to help you get top dollar for your home while selling it relatively quick.  It's not about listing it at a low ball price.  It's about trying to get you top dollar for the condition it is in.Remember this....the more updated your home is the better the chance you will get a higher price.  It's that simple.  Updated move in ready homes sell for more.  If you read many of my articles you will realize I preach this.  However it may not pay for you to do all the updating.  You may not get a return on some improvements. ...
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By inboundREM Market Updates
(InboundREM)
Discover Why Canton is One of the Best Places to Live in Michigan You can find more interesting facts in Michigan other than auto manufacturing and Bob Seger. This state serves as the home of the world's largest cement factory, the world's largest limestone quarry, the world's largest registered Holstein dairy herd, the world's largest maker of magic materials, and the state with the most state boat registrations.Canton is another city in Michigan. It's a Detroit suburb in southeast Michigan that's regarded as one of the greatest locations to live in the state. Let's Bring Canton into the spotlight and see what we can learn. Benefits of Living in Southeast Michigan Small-Town Living Near Urban AreasSouthern and southeastern Michigan include several little communities where you may settl...
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By Bob Jakowinicz, Michigan Real Estate Agent-- MI Real Adventures
(National Realty Centers Livonia--Bob Jakowinicz)
Low Inventory Real Estate in Livonia MichiganIf you or anyone you know has been thinking about selling their home in Livonia Michigan you have come to the right place.  In the latter part of 2020 and comfortably extending into 2021 the overall real estate industry has been booming!  As we all know selling your Livonia Michigan home is really all about supply and demand.  We have experienced a very very low supply with extremely high Livonia housing demand.  As of today March 9th 2021 this is how many choices you would have on properties for sale in Livonia Michigan.CURRENT REAL ESTATE MARKET AS OF MARCH 2021 HEADING INTO THE SPRING REAL ESTATE MARKET.  Current market in Livonia Michigan is a very strong sellers market.  Prices are rising, housing inventory is very low, interest rates ar...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
Call now 248-919-5778 Darin LipscombDetroit Metro Plumbing and rehab SERVICESDetroit Sewage Snake Out New Sewer LineDetroit Installation Sewer Line CleaningRepair Kitchen & Bathroom Sinks, Tub Drains, Vent repairTotal Interior& Exterior Rehabilitation Sewer InspectionEvaluation Eviction Clean Out Detroit Electrical Wiring & Circuit Trouble shootingFull Charge PlumbingFurnace, Hot Water Tank & A/C Installations Masonry & Brick RemovalDetroit Hauling Detroit RoofingDetroit GuttersDetroit Windows and Storm Doors,Full Landscaping and Lawn Care including Fencing24/7 Service,Call now 248-919-5778 Darin Lipscomb,https://www.detroitsewercleaning.com/ 
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By inboundREM Market Updates
(InboundREM)
Neighborhood Spotlight: Downtown Plymouth, MIDowntown Plymouth is the primary center of commerce and entertainment for the city of Plymouth, Michigan. Established in 1825, the area is now known as a diverse district rich in art and culture. Year-round events and festivals are celebrated in the community, including Art-in-the-Park, Chili Cook-Off, Plymouth Ice Festival, Art in the Park, Old Village Restaurant Crawl, Plymouth Fall Festival, Pumpkin Palooza, Christmas in Plymouth, July 4th Parade, and many more. Notable hotspots available to visitors include the Penn Theatre, Plymouth Historical Museum, and Kellogg Park.Shopping and Dining in Downtown Plymouth, MIThere are over a hundred shops, restaurants, salons, spas, cafes, and other establishments throughout Downtown Plymouth. Notable...
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By inboundREM Market Updates
(InboundREM)
Cost of LivingCost of Living is the various expenses an individual or family has to pay regularly in order to maintain a relatively good quality of life in a particular area. If you're planning to move into a new city, you'll want to make sure you check out the cost of living in that community to make sure your move is financially viable for you and your family. We've compiled the various cost of living factors in the three cities we service, which are Plymouth, Canton, and Livonia. If you need help finding a new home in these cities, please feel free to give us a call. Check out our original blog post at https://kimerealty.com/.Cost of Living Index in Plymouth, Canton, or LivoniaThe Cost of Living Index below includes the various factors affecting your overall Cost of Living in Plymout...
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By Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team
(Ann Arbor Market Center Keller Williams)
You are invited to our Open House on Sunday!July 26, 12PM-2PM, Hosted by Craig. 41100 Maplewood Dr, Canton, MI 48187 Beautiful Canton Condo in Chelsea Square with wood floors on the first level. This pristine condo offers a study, 2 car attached garage, and a full finished basement along with 2 full bath and 2 half bath. Located close to I-275 off Haggerty and Ford Rd making your commute a breeze. Notable features include: Open Floor Plan, wood floors, 1,510 Sq. Ft., 2 bedrooms, 2 full bath & 2 half baths, 2 car attached garage, Study, Finished basement, Plymouth-Canton Schools.      Check it out Call Craig @ 734-218-6386http://www.homesearchannarbor.com/
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By Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team
(Ann Arbor Market Center Keller Williams)
You are invited to our Open House on Sunday!January 19th, 1PM-3PM, Hosted by Bethany   22733 Sumpter Rd, Belleville, MI 48111   Here is the opportunity you've been waiting for! This 2000+ sq ft ranch home has it all - inside and out! Inside, you'll find a home that's been lovingly maintained, recently inspected and thoughtfully prepared for its next owner. The floor plan features space for all of life's needs, including 4 bedrooms and 3 bathrooms, spacious living areas and a large kitchen with plenty of storage. The master suite is a true retreat and you're sure to love unwinding in the stylish free-standing soaker tub! Endless possibilities for the bonus room just off the master - make it your workout room, study, an additional bedroom or load up the wet bar and hang out! Skylights an...
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By Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team
(Ann Arbor Market Center Keller Williams)
Come by Bethany's Open House tomorrow!December 15th, Sunday 1PM-3PM 22733 Sumpter Rd, Belleville, MI 48111 Here is the opportunity you've been waiting for! This 2000+ sq ft ranch home has it all - inside and out! Inside, you'll find a home that's been lovingly maintained, recently inspected and thoughtfully prepared for its next owner. The floor plan features space for all of life's needs, including 4 bedrooms and 3 bathrooms, spacious living areas and a large kitchen with plenty of storage. The master suite is a true retreat and you're sure to love unwinding in the stylish free-standing soaker tub! Endless possibilities for the bonus room just off the master - make it your workout room, study, an additional bedroom or load up the wet bar and hang out! Skylights and plenty of windows fi...
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