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With housing affordability becoming a bigger challenge nationwide, longer mortgage terms are starting to enter the conversation. One idea gaining attention is the 50-year mortgage.  On the surface, the appeal is obvious: a lower monthly payment. But how much does it really save—and what does it cost in the long run? Let’s compare a 30-year mortgage to a 50-year mortgage on a $500,000 home , assuming a 6% fixed rate . ✅ Monthly Payments Loan Term Monthly Payment 30-Year ~$2,99

Why Some Homes Sell Quickly – and Others Don’t Sell at All A few years ago, inventory hit a record low. Just about anything sold – and fast. But now, there are far more homes on the market. Listings are up almost 20%  from this time last year. And in some areas, supply is even back to levels we last saw in 2017–2019. For sellers, that means one thing: Your house needs to stand out and grab attention from day one. That’s especially true when you consider why the number of home

When you finally find the home you want to buy, it’s easy to get caught up in the excitement. You’ve toured the place, imagined your...

Headlines are talking about the inventory of new homes and how we’re back at the levels not seen since 2009. And maybe you’re reading...

If you’ve been frustrated by the lack of homes for sale over the past few years, here’s some good news. You have more options, so it may...

When you put your house on the market, you want to sell it quickly and for the best price possible; that's generally the goal. But too...

Michigan property taxes can change dramatically after a home sale. The post-pandemic market brought rising inflation and property values,...

Recession talk is all over the news, and the odds of a recession are rising this year. And that leaves people wondering what would happen...

The Best Week To List Your House Is Almost Here – Are You Ready? If selling your house  is on your to-do list this year, the time to...

Want to know two reasons this spring might finally be your time to buy? Inventory has grown and sellers may be more willing to negotiate...

Is the Housing Market Starting To Balance Out? For years, sellers have had the upper hand in the housing market. With so few homes for...

Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up At one point or another, you’ve probably heard someone say,...

Selling a house comes with a lot of moving pieces, and the last thing you want is a deal falling apart over unexpected repairs uncovered...

Every year, we’re bombarded with headlines warning how rising interest rates, inflation, property taxes, or new regulations will wreak...

Are you trying to buy a home but you feel like you’re up against deep-pocketed Wall Street investors snatching up everything in sight?...

Many people are hoping mortgage rates will come down before they buy a home. But will that actually happen? According to the latest...

Over the past few years, home prices skyrocketed. That’s been frustrating for buyers, leaving many wondering if they’d ever get a shot at...

Southeast Michigan Housing Report January 2025 Tight Supply Continues to Limit Sales Inventory continues to impact sales and prices in...

Let’s face it — buying a home can feel like a challenge with today’s mortgage rates. You might even be thinking, “Should I just wait...