The Michigan real estate market in 2025 is evolving—and if you’re thinking about buying or selling a home, understanding these changes is critical. With steady home price growth, stabilized mortgage rates, and more inventory on the market, this year is shaping up to be one of the best times to act. At Mortgage Matt –ContinueContinue reading “Michigan Real Estate Market 2025: What Buyers and Sellers Need to Know”
Author Archives: mattwatts2
State of the Housing: New Housing Plans and Your Chance to Grab the Dream Home Deal
If you’ve been scrolling through listings, imagining cozy nights by the fireplace or backyard barbecues with friends, you’re in for some exciting news. It has now been confirmed that the wheels are in motion on two major tax incentives for both first time homebuyers and those selling their current home to upgrade. Imagine getting $5,000ContinueContinue reading “State of the Housing: New Housing Plans and Your Chance to Grab the Dream Home Deal”
Beat the 2024 Housing Market Rush: Upgrade Your Buying Power with a Full Underwrite Approval
In Michigan’s competitive real estate market, a Full Underwrite Approval offers a game-changing advantage. Unlike pre-approval, it thoroughly reviews your finances, providing near-guaranteed funding and streamlined closing. It’s ideal for serious buyers seeking confidence, competitive offers, and peace of mind. With the right strategy, it’s the key to victorious homebuying in 2024.
Michigan Housing Surge: Seizing Opportunities Statewide
The latest reports reveal that Detroit has outpaced Miami, claiming the top spot in annual price gains for November. Let’s explore what this means for homeowners across the entire state.
The Surge in Mortgage Applications Signals a Prime Time for Homebuyers
Introduction: As we venture into the new year, a surprising trend has emerged in the real estate realm – a notable uptick in mortgage applications. Even amidst the winter season, a time when home purchases typically slow down, recent data from the Mortgage Bankers Association reveals a 9.9% surge in applications compared to the precedingContinueContinue reading “The Surge in Mortgage Applications Signals a Prime Time for Homebuyers”
Unlock Homeownership: The Art of Down Payments, Options, and Creative Savings Strategies
Embarking on the journey to homeownership involves a key consideration: the down payment. While traditional wisdom often emphasizes sizable down payments, today’s real estate landscape offers a spectrum of options, making homeownership more accessible. In this guide, we delve into the nuances of down payments, explore low down payment alternatives, reveal average figures, and shareContinueContinue reading “Unlock Homeownership: The Art of Down Payments, Options, and Creative Savings Strategies”
Breaking Ground: Student Loan Debt Forgiveness and Its Impact on Homeownership Dreams
In the ever-evolving landscape of student loan debt, recent developments bring a glimmer of hope to aspiring homeowners. The prospect of student loan debt forgiveness has become a focal point in national conversations, and its potential implications for homeownership are capturing attention. In this exploration, we dissect the latest news surrounding student loan debt forgivenessContinueContinue reading “Breaking Ground: Student Loan Debt Forgiveness and Its Impact on Homeownership Dreams”
Acres of Potential: Navigating Homeownership on Expansive Land in Michigan
For those enchanted by the allure of wide-open spaces, buying a home with a substantial amount of land in Michigan offers the promise of privacy, nature’s beauty, and countless possibilities. However, understanding how extensive land impacts the mortgage process is essential for prospective buyers. In this guide, we delve into the nuances of purchasing aContinueContinue reading “Acres of Potential: Navigating Homeownership on Expansive Land in Michigan”
Well Water and Septic: Navigating Rural Homeownership in Michigan
The charm of rural living in Michigan often comes with the allure of homes served by well water and septic systems. While the serene landscapes and privacy are enticing, understanding how these features impact the mortgage process is essential for those seeking to embrace country living. In this guide, we explore the nuances of buyingContinueContinue reading “Well Water and Septic: Navigating Rural Homeownership in Michigan”
Condo Living and Mortgages: Navigating the Path to Urban Homeownership
The allure of condominium living often captivates urban dwellers seeking a blend of convenience, community, and lifestyle. While the appeal of a condo lifestyle is evident, understanding how it influences the mortgage qualification process is crucial for those aspiring to call a condo home. In this guide, we explore the unique characteristics of condominiums andContinueContinue reading “Condo Living and Mortgages: Navigating the Path to Urban Homeownership”