Schaub Team Blog

Home Sales Slow, Fetching Top Dollar

Posted by Alan Campbell, Leelanau Enterprise on Dec 29 , 2022 - 10:59 am

Realtors across Leelanau County are selling fewer homes, but many of those sales are providing big payouts for homeowners.

Mortgage Rates Drop as Inflation Eases Even More

Posted by Melissa Dittmann Tracey, Realtor Magazine on Dec 19 , 2022 - 07:36 am

Economic news this week spelled better news for home buyers who are shopping for a mortgage, even after the Federal Reserve’s latest rate hike. Mortgage rates continued to dial back this week as new economic data showed inflation is further cooling off. Freddie Mac reported Thursday that the 30-year fixed-rate mortgage averaged 6.31% this week. Rates have been decreasing ever since hitting a high of 7.08% last month.

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5 Reasons This Isn’t a Repeat of the 2008 Housing Crash

Posted by Melissa Dittmann Tracey, Realtor Magazine on Dec 19 , 2022 - 07:22 am

NAR Chief Economist Lawrence Yun draws the distinctions between today’s real estate market and that of more than a decade ago. Many homeowners are still haunted by the 2008 housing crash when property values collapsed and foreclosures spiked. The memory of a sudden catastrophe at a time when the real estate market had been riding high may help explain why 41% of Americans say they now fear a housing crash in the next year, according to a new survey from LendingTree.

With Crazy 2022 Leelanau Real Estate Market Almost Done, What Does 2023 Hold?

Posted by Kimberly Manning, Leelanau Ticker on Dec 14 , 2022 - 07:39 am

The 2022 housing market in Leelanau County set records for (high) home sales and prices and (low) inventory, but signs are starting to show a shift into more neutral territory.

5 Essential Tech Tools for Maintaining and Extending the Life of Your Property

Posted by Rachel Jenna on Dec 13 , 2022 - 11:27 am

Thanks to advancements in technology, it's easier to maintain properties even if you aren't around 24/7. This means that property owners can prevent damages from afar, which enables a return to perfectly-maintained vacation houses each time.

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