Radio Celebrities Brian Welch, 102.9 & Martin Bandyke, 107.1 join the Kathy Toth Team to wish all a safe and prosperous New Year

Posted by Toth Team Worldwide on

Whatever your goals may be, please let us know how we can support you in those goals.  The Toth Team is looking forward to big changes and additions for this coming year.  We strongly believe that 2018 will be the year we will look back upon as the year that resulted in a bigger life.  Make 2018 your year by being present and living a purposeful life!

Check out the Toth Team Worldwide Network 2017 YEAR IN REVIEW.  All of us at the Toth Team wish you a very Happy and Prosperous New Year.

Want to know what your home is worth check out our free Home Valuation Report.

Search for your new home at www.HomeSearchAnnArbor.com

What Do Recent Ann Arbor Market Trends Mean for You?

Posted by Toth Team Worldwide on

 Looking to sell your Ann Arbor Home? Get a FREE home value report

Looking to buy an Ann Arbor Home? Search all homes for sale

Today, we’re taking a look at real estate trends we’ve seen recently in the Ann Arbor area and determining what they mean for you and your family!

Right now, we’re in a seller’s market. We know this because anything less than a 6-month supply of homes favors sellers. We currently only have a 3-month supply, so it’s a great time to own a home in Ann Arbor! Homes that are under $200,000 are flying off the shelf right now, but homes above $500,000 (the luxury market) are selling a bit slower, at about 18 months. However, the exact market time is dependent on the particular area a home is in!6.8

Interest rates are still quite low, at about 5% for 30-year fixed-rate mortgages. This makes now a great time to buy, as the Fed plans to raise rates by the end of the year. If rates rise even 1%, it could cost you as much as $70,000 over the life of your loan!

If you have any questions about conditions in our area, or if you need real estate assistance of any kind, don’t hesitate to reach out to us. We would love to hear from you!