Interest Rates Continue to Climb

We have many folks in Michigan who are waiting to buy or waiting to sell. Is there a cost of waiting? Our preferred lender, Steve, put together the facts below You decide what is best for you! We are here to add value and be your real estate solution. Text us 734-669-0337

 

This year we have seen a consistent growth on mortgage interest rates. Entering 2018, the national average on a 30 year fixed mortgage rate began at 4.25% and is on pace to exceed 5% by the end of the year. Much of the increase is due to the growing concerns of inflation, as well as a consistently stronger employment outlook. These are two main factors as to why the Federal Reserve continues their aggressive approach on increasing rates, with another increase anticipated in December of 2018.

More often than not, home buyers take a break from their home search over the holidays. With rates only expected to rise in 2019, potential buyers should strongly consider the financial advantages of purchasing now opposed to waiting until the New Year.

The chart below shows how significant an increase in rates can impact a purchaser’s monthly payment, even if it’s only a quarter of a percent.

Not only does the increase in rates impact the payment, but it can also decrease the amount of financing a purchaser can afford. If a purchaser doesn’t have the ability to offset this with their down payment, it could remove them from qualifying for their desired price range or area. Even worse, the total cost of waiting to buy over a 15 year loan could be $70,000 over the life of the loan.

If you are curious what this potential impact has on your financing scenario, or have someone that you know that would like to discuss details further, please let me know. My team and I are here to help and available 7 days a week.

10944 Waterloo-Munith, Munith, MI 49259

10944 Waterloo-Munith, Munith, MI – Ann Arbor Area Real Estate for Sale

10944 Waterloo-Munith, Munith, MI 4925910944 Waterloo-Munith10944 Waterloo-Munith, Munith, MI 49259

Bedrooms: 5

Bathrooms: 2.5

Sq. Feet: 2,246

Related Links

View Extra Photos for 10944 Waterloo-Munith

View a Virtual Tour of 10944 Waterloo-Munith

Visit our Website for a Complimentary MLS Search


Welcome to a generous Cape Cod with three floors of living space! The open floor plan on the main level features vaulted ceilings, pine hardwood flooring, stainless steel kitchen appliances with tile back splash, and a four seasons room that overlooks 2.75 acres of the great outdoors. Out side enjoy an above ground pool, and a deck which reaches around to the fist floor master suite. The master suite includes a jetted bath and slate tile surround shower with a double vanity.There is a laundry room and powder room on the main level for added convenience. A pine stairway takes you to the second level with a cozy loft overlooking the main floor. Three additional bedrooms and full bathroom complete this upper level and offer so many options. The lower level is finished with slate tile throughout, second kitchen, full bath and bedroom as possible mother-in-law suite. Additional features in lower level include bonus room, bar, utility room with extra storage, and walkout to concrete patio. Electric and water run to insulated outbuilding which provides space for lawn equipment, workshop and more. Come and check out 10944 Waterloo-Munith in the Ann Arbor area real estate market! It has it all!

 

Additional Ann Arbor Area Real Estate Listings

1795 Majon Street
11111 Monroe

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exclusive real estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

1795 Majon Street, Highland, MI 48356

1795 Majon Street, Highland, MI – Ann Arbor Area Real Estate for Sale

 1795 Majon Street, Highland, MI 483561795 Majon Street 1795 Majon Street, Highland, MI 48356

Bedrooms: 5

Bathrooms: 2.5

Sq. Feet: 2,246

Related Links

View Extra Photos for 1795 Majon Street

View a Virtual Tour of 1795 Majon Street

Visit our Website for a Complimentary MLS Search


Located in the highly desirable Axford Acres All Sports Lake Community, this lovingly maintained 5 bedroom 2.1 bath home is a MUST SEE! You will fall in love with this home situated on a large .68 acre lot with lovely mature trees. The updated kitchen includes new high end appliances (still under warranty!) and opens to the living room with exposed brick wall and vaulted ceiling. The wood burning fireplace in the family room is the perfect place to cozy up. A large master suite with private bath will become one of your favorite features of this home. Updates include: newer roof, windows and fresh paint. An attached 2 car garage is a luxury with winter just around the corner. An automatic sprinkler system makes your life easy. Residents of Axford Acres enjoy lake living at its best year round with privileges on All Sports Duck Lake, including a private beach and swim area, pavilion, playground and private neighborhood boat launch. Move in just in time to enjoy some winter lake fun – ice skating, ice fishing, snowmobiling and more! Short walk to Spring Mills Elementary. LOW HOA FEES! Schedule your showing of 1795 Majon in the Ann Arbor area real estate market today!

 

Additional Ann Arbor Area Real Estate Listings

10944 Waterloo-Munith
11111 Monroe

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exclusive real estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

11111 Monroe, Britton, MI 49229  

11111 E Monroe, Britton, MI – Ann Arbor Area Real Estate for Sale

11111 Monroe, Britton, MI 49229 11111 Monroe, Britton, MI 49229 11111 E Monroe

Bedrooms: 6

Bathrooms: 4

Sq. Feet: 2,280

Related Links

View Extra Photos for 11111 E Monroe

View a Virtual Tour of 11111 E Monroe

Visit our Website for a Complimentary MLS Search


This is country living on almost 5 acres! With an easy commute to Ann Arbor or Toledo the location is ideal. The charming front porch welcomes you as you enter to a large family room with gorgeous stone wood burning fireplace. The floorplan is open to the kitchen, dining area and living room with plenty of space for family gatherings. The large deck on south side of house has easy access from living spaces and adds more square feet, it’s a fantastic area to entertain all your guests! New hardwood and slate floors on main level with all new paint and ceiling fans. Four large bedrooms on main level with 3 full bathrooms. The master suite is 22 x 14 with two very large closets, one the size of a small bedroom!! All this, plus a finished walkout lower level with second kitchen, living room area, 2 bedrooms, full bathroom, and new carpet throughout. The lower level boasts a separate entry. There are so many possibilities for this space, mother in law suite, home office, short term rental or second family living space. The large garden area with fruit trees, grape vines and over 60 small pine trees is planted on the west side of the property. Plenty of space for the growing family. There is an extra 5.23 acres for sale ($29,900) that could make this a full 10 acre property! MLS# 3256814. Come and see 11111 E. Monroe, it’s a wonderful home in the Ann Arbor area real estate market.

 

Additional Ann Arbor Area Real Estate Listings

165 Oaklawn
413 N. Hewitt

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exclusive real estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

165 Oaklawn, Ypsilanti, MI  48198 

165 Oaklawn, MI – Ann Arbor Area Real Estate for Sale

165 Oaklawn, Ypsilanti, MI  48198 165 Oaklawn, Ypsilanti, MI  48198 165 Oaklawn

Bedrooms: 2

Bathrooms: 1

Sq. Feet: 824

Related Links

View Extra Photos for 165 Oaklawn

View a Virtual Tour of 165 Oaklawn, Ypsilanti

Visit our Website for a Complimentary MLS Search


This darling move in ready ranch is perfect for a first time home buyer or as a great investment opportunity. Every wall in the home is freshly painted with new flooring throughout, turn key condition with several updates. The kitchen is light and bright and there is beautiful flooring throughout. New roof in 2017, New gutters in 2018. Full basement. Home sits on a double lot with a wonderful 2.5 car garage for the family that needs the extra space. The huge, fully fenced backyard is perfect for relaxing or entertaining. All this on a quiet tree lined street close to anything you need. Seller offering a $4000.00 credit for closing costs with an acceptable offer. 165 Oaklawn is a perfect home in the Ann Arbor area real estate market!

 

Additional Ann Arbor Area Real Estate Listings

413 N Hewitt
13123 Hadley

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exclusive real estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

413 N Hewitt, Mi – Ann Arbor Area Real Estate for Sale

413 N Hewitt, Ypsilanti, MI  48197413 N Hewitt, Ypsilanti, MI  48197413 N Hewitt, Mi

Bedrooms: 3

Bathrooms: 1.5

Sq. Feet: 1,628

Related Links

View Extra Photos for 413 N Hewitt, Mi

View a Virtual Tour of 413 N Hewitt, Mi

Visit our Website for a Complimentary MLS Search


This is a lovely classic mid-century brick ranch home. It will be suitable for residential or commercial use. Step into the living area with brick surround fireplace, fresh new carpet and a great floor plan that flows throughout the home. Enter the dining area and meet a cozy, freshly painted kitchen. Built in cabinetry and a utility room provide plenty of extra room for storage. Additional recreation room in the rear of the home exits to the concrete patio and private yard, offering comfortable entertainment. Two car attached garage features a workshop for the hobbyist. Excellent starter home or investment. Come see 413 N Hewitt, an Ann Arbor area classic before it’s off the market!

 

Additional Ann Arbor Area Real Estate Listings

165 OakLawn
13123 Hadley

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exclusive real estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

13123 Hadley Road, Gregory – Ann Arbor Real Estate for Sale

13123 Hadley Road, Gregory, MI 48137 13123 Hadley Road, Gregory, MI 48137 13123 Hadley Road

Bedrooms: 3

Bathrooms: 2.5

Sq. Feet: 1,584

Related Links

View Extra Photos for 13123 Hadley Road

View a Virtual Tour of 13123 Hadley Road

Visit our Website for a Complimentary MLS Search


This home offers plenty of curb appeal and is a pristine country home situated on just over 5 serene and private acres! Pride of ownership is evident from the moment you pull into the drive. Entertain in the recently updated center island kitchen that flows seamlessly to the great room and dining area. The artistic and open floor plan features 3 bedrooms and two full and one half bathrooms, including the sun filled master suite. The full walk out basement is ready for your finishing touches and plumbed for an additional bath. Plenty of storage in the oversized 2.5 car garage. Relax on the charming covered front porch or the spacious deck. Just a quick bike ride to Bruin Lake Campground and enjoy endless acres of walking trails. This home is beautiful, inside and out. True turn-key condition – just move right in and start enjoying peaceful country living today! 13123 Hadley Road in the Ann Arbor area real estate market won’t last long, come see it today!

 

Additional Ann Arbor Area Real Estate Listings

2827 Stein Court
8359 Redwood

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exclusive real estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

8359 Redwood Trail, Dexter, MI – Dexter Real Estate for Sale

8359 Redwood Trail, Dexter, MI  481308359 Redwood Trail, Dexter, MI  481308359 Redwood Trail

Bedrooms: 3

Bathrooms: 2.5

Sq. Feet: 1,770

Related Links

View Extra Photos for 8359 Redwood Trail

View a Virtual Tour of 8359 Redwood Trail

Visit our Website for a Complimentary MLS Search


Welcome to a well-maintained home that is easy to enjoy in desirable Thornton Farms. This three bedroom home boasts fresh paint, wood flooring, and a spacious living area that flows seamlessly into the center island kitchen. The kitchen features stainless steel appliances, is open and flooded with natural light. The upstairs offers light and airy bedrooms that are ready for your personalized touches, a functional laundry room, and a loft space that could be used in countless ways. If this isn’t enough, the partially finished basement offers a great place for storage and plenty of room left over for a play area or extra entertainment space. Outside, you will find a fully fenced, child safe, and pet friendly back yard with a new patio – it is the perfect space for entertaining. Original owners got a new job and will be sad to leave Community club house and pool, low Lima Township taxes, award-winning Dexter Schools. Come and see 8269 Redwood in the Dexter real estate market, and you will be glad you did!

SELLER SAYS

We are located in Dexter and it is a growing town that keeps the small town mentality. There are great parks throughout the town and Hudson Mills Metropark too! There are tons of fun things to do, restaurants and community events happening throughout the year. Award winning schools that are fabulous and have an amazing special education program. 

We have a wonderful friendly neighborhood in the popular Thornton Hills Subdivision. With a heated pool and play structure. Neighborhood events such as Easter egg hunts and get-togethers happen throughout the year. We attend Dexter Community schools and pay low Lima Township taxes. We are just minutes away from the highway, Meijer and Ann Arbor.

Our favorite resturants are: Wings & Things, A & W, Dexters Pub, Aubree’s, Dairy Queen and Classic Pizza.

My favorite grocery store is Meijer and it’s just minutes away which is very convenient.

I would like to mention that we were drawn to the area because of the Dexter schools and the wonderful community that is growing bus still keeps the small town feel. We love to go to the parks and hunt for painted rocks that Dexter residents hide along the B to B trail!

Additional Ann Arbor Area Real Estate Listings

2827 Stein Court
6867 Kestrel Court

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exclusive real estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

6867 Kestrel Court, Brighton, MI – Ann Arbor Area Real Estate for Sale

6867 Kestrel Court, Brighton, MI 481166867 Kestrel Court, Brighton, MI 481166867 Kestrel Court

Bedrooms: 4

Bathrooms: 2.5

Sq. Feet: 2,120

Related Links

View Extra Photos for 6867 Kestrel Court

View a Virtual Tour of 6867 Kestrel Court

Visit our Website for a Complimentary MLS Search


This gorgeous brick home set on a cul-de-sac lot is the PERFECT place to call home! The spacious floor plan offers 2,120 square feet of living space and includes 4 bedrooms, 2.5 baths, formal living room, formal dining room, office/den and more! Recently updated kitchen with newer cabinetry, granite tops and tile backsplash opens to a large family room featuring a fireplace with built-in surround. Mature pines offer plenty of privacy in the large back yard and make the huge 850 square foot deck the perfect place to relax or entertain. The 24×36 outbuilding is the ultimate man cave and has a 60 foot parking space for your RV or boat! No HOA fees and low Hamburg Township taxes. Newer roof on both the home and the outbuilding (2014) and Andersen windows throughout (2014). This move in ready home is a must see! Schedule your showing of 6867 Kestrel Court today! Its a fantastic home in the Ann Arbor area real estate market!

 

Additional Ann Arbor Area Real Estate Listings

8518 Cedar Hills Drive
9121 Hillcrest

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exclusive real estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

8518 Cedar Hills Drive, Dexter, MI – Dexter Real Estate for Sale

8518 Cedar Hills Drive, Dexter, MI 48130 8518 Cedar Hills Drive, Dexter, MI 48130 8518 Cedar Hills Drive

Bedrooms: 4

Bathrooms: 3.1

Sq. Feet: 5,562

Related Links

View Extra Photos for 8518 Cedar Hills Drive

View a Virtual Tour of 8518 Cedar Hills Drive

Visit our Website for a Complimentary MLS Search


This home offers opulent luxury in Dexter’s coveted Cedar Hills! This custom estate sits on over two private acres of beautiful landscaping, mature trees, perennial flower gardens and lush open green space. You’ll appreciate the attention to detail and unique architectural elements throughout this stunning former builder’s home including granite surfaces, beautiful hardwood spanning the main level, arched doorways, custom built-ins, french doors, private decks, 4 fireplaces and more! Boasting over 5,500 square feet of living space, this home features 4 bedrooms and 3.1 baths, including the master with a luxurious private en suite and his and hers closets. Walls of windows bring in the natural light. Space for two private offices on the main level. Convenient second floor laundry. Finished third story makes the perfect playroom, craft space or storage! This home offers the ideal combination of a peaceful country retreat with a convenient location – just minutes away from major expressways and all on paved roads. Ten minutes from charming downtown Dexter and 15 minutes from Ann Arbor. Webster Township taxes and award winning Dexter Schools! Schedule your private showing of 8518 Cedar Hills today! This is a stunning home in the Dexter real estate market.

 

Additional Ann Arbor Area Real Estate Listings

6867 Kestrel Court
9121 Hillcrest

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exclusive real estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.