Mortgage rates are still a hot topic – and for good reason. After the most recent jobs report came out weaker than expected, the bond market reacted almost instantly. And, as a result, in early August mortgage rates dropped to their lowest point so far this year (6.55%). While that ...
Continue ReadingIf you’ve been skipping over newly built homes in your search, you might be doing so based on outdated assumptions. Let’s clear up a few of the most common myths, so you don’t miss out on a solid opportunity. Myth 1: New Homes Are More Expensive It’s easy to assume ...
Continue ReadingSince there are more new homes on the market, builders are motivated to sell and that’s leading to two great perks: price cuts and lower rates. Let’s connect if you want to see what builders are offering in our area. #BaileyandAssociates #ServingOurClients #teambaileysells #marketupdate #realestate #michiganrealestate #NewlyBuiltHomes #NewHomeConstruction #KeepingCurrentMatters ...
Continue ReadingDepending on where you live, the housing market could feel red-hot or strangely quiet right now. The truth is, local markets are starting to move in different directions. In some places, buyers are calling the shots. In others, sellers still hold the power. It’s a tale of two markets. What’s ...
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