National Association of Realtor’s says that now in September 2018 it is a great time to sell. Look at the statistics that show this is proven to be correct!Read More
If you are a first time buyer and have questions about the process of owning a home you're in luck. The Team Hinton Group will sit down with you and go through the entire process from finding a lender to preparing for close. One of the most stressful parts of owning your first home is the unknown- you don't know what you don't know. To get a bit more information on the pre approval process continue to read more of this blogRead More
If someone has told you that it is a Seller's market and you are afraid of buying right now consider the reading this information and downloading our Buyer's Guide !
Our Realtor on Duty is always available to answer any questions at 734-480-8650Read More
We frequently get questions from clients who are taking on decorating and remodeling projects and want to ensure their dollars are invested wisely.
Which looks will last for years to come, and which ones will feel dated quickly? What colors and styles are most popular among buyers in our area? How can I add the most value to my home?
So we’ve rounded up some of the hottest trends in home design to help guide you through the process. Whether you’ve planned a simple refresh or a full-scale renovation, making smart and informed design choices will help you maximize your return on investment … and minimize the chance of “remodeler’s remorse” down the road.Read More
The idea of owning your own home is not only an American dream it is the first steps to financial freedom. If you were to study any of the most successful people in America they will all show a time that Real Estate promoted that success. Get started today!Read More
According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.Read More
Get ready for another strong year in the 2018 housing market! U.S. home values and sales volume will continue to rise in 2018. Find out how you can maximize your Real Estate selling or buying this coming year.Read More
The corner of Pearl and Washington Street is one of downtown Ypsilanti's Location most lively intersections and home to the Hinton Real Estate Group office. This January marks the one year anniversary at 36 North Washington Street, and what a year it has been! Highlighted by many the many positive people and community connections we’ve made. We look forward to more in 2018!Read More
Turning up the heat too often during the winter could translate into a shocking heating bill each month. Nobody wants to pick between paying for heat and other necessary expenses. With these tips, homeowners can minimize their heating expenses without being left in the cold.Read More
Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that:
“Owning a home remains a core element of the American Dream.”
When asked “How important a part of the American dream is owning a home?”
- 18% of those surveyed said it was the most important part
- 53% of those surveyed said it was very important
- 22% of those surveyed said it was somewhat important
Homeownership and Financial Stability
The survey also revealed that 81% of Americans believe that owning a home leads to a family being more financially stable. This feeling was reiterated by Zillow Senior Economist Aaron Terrazas who, in a recent press release, explained:
“After about a two-year slowdown, rent growth is starting to pick back up across the nation…Looking into 2018, rent is expected to continue gaining.
More widespread rent growth could mean home buying demands stay high, as renters who can afford it move away from the unpredictability of rising rents toward the relative stability of a monthly mortgage payment instead.” (emphasis added)
Owning a home always has been, and always will be, a crucial part of attaining the American Dream.
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in 2018.
However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. While buyer demand looks like it will remain strong throughout the winter, supply is not keeping up.
Here are the thoughts of a few industry experts on the subject:
“Total housing inventory at the end of November dropped 7.2 percent to 1.67 million existing homes available for sale, and is now 9.7 percent lower than a year ago (1.85 million) and has fallen year-over-year for 30 consecutive months. Unsold inventory is at a 3.4-month supply at the current sales pace, which is down from 4.0 months a year ago.”
“The increases in single-family permits and starts show that builders are planning and starting new construction projects, that’s a good thing because it will help to relievethe shortage of homes on the market.”
“Inventory is tighter than it appears. It’s much lower for entry-level buyers.”
If you are thinking of selling, now may be the time. Demand for your house will be strong at a time when there is very little competition. That could lead to a quick sale for a really good price.
It’s no surprise that listing a home for sale during the spring saw the largest return, as the spring is traditionally the busiest season for real estate. What is surprising, though, is that listing during the winter came in second!
DOWNLOAD YOUR FREE GUIDE to Selling your home this Winter!
A good book store is like your favorite relatives house; you love going there-and you never know what you’ll find. Kip and Carlos, co-owners of Blackstone Bookstore and Culture Center reflect on five years in the business and the importance of a space for their message. There’s never a shortage of new and captivating reads, rich body butters amidst tubs of shea butter, imported curios, or an event to attend- check out our interview!Read More
Ypsilanti Michigan is not only a great place to live, but it's where we call home. If you're looking to buy or sell a home in Ypsilanti, it's a good idea to learn a little more about the area first. Check out the Hinton Real Estate Group Community Spotlight: Ypsilanti post where we breakdown all the best parts about living in Ypsi!Read More
“It’s highly recommended that you work with your lender to get pre-approved before you begin house hunting. Pre-approval will tell you how much home you can afford and can help you move faster, and with greater confidence, in competitive markets.”Read More
Hinton Real Estate Group wrapped up the 2017 First Friday's season with featured guest artist Morgan Burgard. Read our interview with Morgan as she shares her art and inspiration. Special Thanks to the First Fridays Ypsilanti Team for their hard work in putting together such a great community program! Hinton Real Estate Group looks forward to the 2018 Frist Friday season, stay tuned in the meantime for events and workshops sarting in January!Read More