Most people need a mortgage to purchase a home, and long-term interest rates are a major factor. If a real estate purchase were purely financial, then we would see every renter who has money saved up and a solid job getting in the market. But there are practical and emotional considerations. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we’ve worked with buyers for months, sometimes years. They were always qualified to purchase, but never made the purchase. Since the financial crisis, many buyers have been hesitant to get back into the real estate market. And for good reason: some of those buyers probably were never qualified to be in the market. But lately we’ve seen a comeback. Some markets are better than others. If you think home buying is in your future, do your research. Take your time, get your ducks in a row and start to feel the market. Check out below to see what sold in Steeplechase in June 2016:
17597 Crestbrook, Northville: 4 bedrooms, 3.1 bathrooms, 3,922 sq. feet, 3 car garage, Sold Price: $656,000
Steeplechase Home Sold
June 2016
50698 Tamarack Trail, Northville: 4 bedrooms, 3.1 bathrooms, 3,503 sq. feet, 3 car garage, Sold Price: $702,035
Steeplechase Home Sold
June 2016
Just realize that nobody can predict when the right house will come along, and you can’t time a real estate market. For more information on Steeplechase, or similar Northville or Novi neighborhoods such as Woodlands of Northville, Beckenham and Pheasant Hills, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.