Marlene's Sunday Mention

Sunday is traditionally known as the day of rest. No work, just relax and recharge the batteries for the work week ahead. Call me to plan this weeks Real Estate showing or listings. The Martin team is here for you!

REAL ESTATE OPENS FOR PRIVATE SHOWING CALL MARLENE TODAY!

On Thursday the Michigan Realtors launched a state wide “call to action” to urge the Governor to get Realtors back to work for their clients in a safe and thoughtful manner. She has heard us and we can go back to work May 7!! I am ready so call me now if you are ready …

The real estate industry supports nearly 10 million jobs in the United States

The real estate industry supports nearly 10 million jobs in the United States and makes up 17% of our economy. Congress understands that a strong housing market will lead the economic recovery. The coronavirus relief package can help home owners with  Mortgage Forbearance – Borrowers of government-backed mortgages ((Fannie Mae, Freddie Mac, HUD, VA and USDA) can …

NAR Wins Major Provisions for REALTORS®

The U.S. Senate passed a $2 trillion COVID-19 economic relief package Wednesday night with overwhelming bipartisan support. The bill now goes to the U.S. House, where it is expected to pass, and President Trump has said he will sign it into law. The measure includes $350 billion for the Small Business Administration 7(a) loan program.  Under the terms, eligible businesses …

Looking for a private, secluded 3+ acres on paved drive  Byron MI

Residential MLS #2200023907 Sale Price:  $340,000 Looking for a private, secluded 3+ acres on paved drive,just 10 min to town,15 min to x-way? This outstanding 2067 sq ft brick faced ranch is ready now! Soaring ceilings grace the entry. Pillared formal dining room has 12 ft arch windows.The 14 ft ceiling continues to the main great room w/gas …

Federal Housing Finance Agency announced today that it will suspend foreclosures

In addition to today’s Senate action, the Federal Housing Finance Agency announced today that it will suspend foreclosures and evictions on Fannie Mae, Freddie Mac, and FHA-insured mortgages until April 30. Follow all of HUD’s updates at hud.gov/coronavirus. Also today, NAR announced its spring Legislative Meetings will be held virtually.

Contract Signings Surge, But They Could Be Even Higher

Real estate pros are having a busy winter, and with buyer demand high, it could be even busier if it wasn’t for a lack of inventory continuing to plague many markets. Pending home sales rebounded in January, rising 5.2% month over month, the National Association of REALTORS® reported Thursday. Contract signings are up 5.7% over …

Freddie: Mortgage Rates Are ‘Deal of the Century’

Borrowing costs continue to head lower, enticing home shoppers and refinancers to lock-in. “Given the recent volatility of the ten-year Treasury yield, it’s not surprising that mortgage rates again have dropped,” says Sam Khater, Freddie Mac’s chief economist. “These low rates combined with high consumer confidence continue to drive home sales upward, a trend that …