The Team Hinton Real Estate Group blog is a place for all the latest news and updates about the Real Estate market will appear. Learn all about the latest and greatest tips and tricks to buying a home or selling a home. Also, get the latest updates about Team Hinton and our ever growing team of real estate agents in Ypsilanti, Michigan.
Hinto Real Estate Team welcomes Sizzles: Burgers and Subs to the neighborhood! Read more about one of the newest spot in town and the two brothers behind it!
Read MoreFreedom isn't free. With respect, honor, and gratitude, Hinton Real Estate Group thanks all service women and men, past and present for their selfless and honorable sacrifices.
Read MoreTemperatures are cooling down, with winter around the corner here are a few friendly reminders to get you, and your home ready!
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Hinton Real Estate welcomes Novembers' featured Artist Stephon Johnson.
Art is the voice of the unheard, and artists are the angel messengers shining color, perspective, and inspiration to all. This November, Hinton Real Estate is excited to welcome featured emerging artist, Stephon Johnson. A Detroit native now working and living in Ypsilanti. Johnson works in a variety of mediums, using wood, fabric, and canvas to create colorful visuals, layered with detail and inspiration. His artistic mission as he puts it:
“... is to capture the essence of what it means to be black in America, How, in response to a complex, hateful, and hindering legacy we still find a way to bounce back strong… creating waves of influence felt globally. From art to science, we continue to push further. This is our culture. Afro Culture”.
Stephon enjoys supporting local business within the Ypsilanti community, and says his favorite place in the city is Frog Island Park and the Depot town area. The Hinton Real Estate Team welcomes you to Meet and Greet with our featured artist and have a little fun with the Hinton Team.
Several pieces on display will also be available for purchase. Join us! Friday November 3rd from 6:30-8:00 @ The Hinton Real Estate Office, 36 North Washington Street
Stephon Johnson, Ypsilanti based artist and Hinton Real Estates' featured artist for November.
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Turn on the television or scroll through Facebook, and chances are you’ll see at least one advertisement for a group or “guru” who promises to teach you how to “get rich quick” through real estate investing. The truth is, much of what they’re selling are high-risk tactics that aren’t a good fit for the average investor. However, there is a way to make steady, predictable, low-risk income through real estate investing. In this blog post, we’ll examine the tried-and-true tactics that can be used to increase your income, pay off debt … even fund your retirement!
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CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way through to present day.
With a peak in 2010 when nearly 1.2 million homes were foreclosed on, over 7.7 million families lost their homes throughout the entire foreclosure crisis.
Dr. Frank Nothaft, Chief Economist for CoreLogic, had this to say,
“The country experienced a wild ride in the mortgage market between 2008 and 2012, with the foreclosure peak occurring in 2010. As we look back over 10 years of the foreclosure crisis, we cannot ignore the connection between jobs and homeownership. A healthy economy is driven by jobs coupled with consumer confidence that usually leads to homeownership.”
Since the peak, foreclosures have been steadily on the decline by nearly 100,000 per year all the way through the end of 2016, as seen in the chart below.
If this trend continues, the country will be back to 2005 levels by the end of 2017.
As the economy continues to improve, and employment numbers increase, the number of completed foreclosures should continue to decrease.
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