From the monthly archives:

September 2008

Do You Have Stage Fright?

by Marianne Sweet on September 23, 2008

in Dear Mr. and Mrs. Seller, Marianne Sweet on Home Staging, Metro Detroit, Seller Information

As a home stager, I am called by real estate agents and homeowners to help prepare their properties for sale. While it is impossible to say how long the house would have taken to sell had I not been involved, I firmly believe that the changes implemented have made a difference in the DOM.
I [...]

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Fannie - Freddie Takeover Helps Reduce Mortgage Rates

by Ken Mascia on September 9, 2008

in Buyer Information, Finance, Ken Mascia on Mortgages and Finance, Market Updates

In a historic move yesterday, Treasury Secretary Carlson announced the government takeover of Fannie Mae and Freddie Mac. The two financial giants have been struggling over the past year due to an unprecedented increase in foreclosures which relate to falling home values and the subprime loan meltdown. If the two were allowed to [...]

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Shortage of New Construction in Birmingham?

by Maureen Francis on September 3, 2008

in Birmingham MI Real Estate, Luxury Homes, Market Updates, Metro Detroit

A recent client wanted a completed NEW home in Birmingham.  With a budget of $2,000,000, one would have thought we would have had plenty to chose from.  We did not.
Spec building in Birmingham, and throughout Oakland County, has almost come to a stop.  We are still seeing a few spec homes going up around town, [...]

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