Ann Arbor is the 6th largest city in the state of Michigan and home to the University of Michigan. The University of Michigan and it’s health system is the largest employer with around 30,000 total employees with nearly 12,000 in the medical center alone. High tech firms are also becoming important in Ann Arbor with large operations for Google and smaller firms such as Duo Security.
Popular neighborhoods such as Burns Park allow residents to live only steps from downtown. A vast system of public transportation makes commuting downtown and to campus possible from nearly any area of the city. Downtown features a year-round farmer’s market in the Kerrytown neighborhood. Dining downtown varies from traditional steakhouses, farm to table establishments and global cuisine.
Neighborhoods in Ann Arbor include:
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May 2nd, 2019
Your Dream Home May Be in Reach
Your Fabulous New Dream Home is Now Available Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in. That two-story, four-bedroom colonial with three bathrooms no longer fits the bill. Taxes are too high. Utilities are too expensive. Cleaning and repair are too difficult. When they decide to travel to be with friends and family, locking up the house is too time-consuming and worrisome. Instead, a nice ranch home with 2-3 bedrooms and two baths might better fulfill their new needs and lifestyle. The challenge many “boomers” have faced when trying to downsize to the perfect new home has…
May 2nd, 2019
Keeping Housing Affordable
2 Trends Helping Keep Housing Affordable Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate in decades! These two factors have helped keep housing affordable despite low supply of houses for sale driving up prices. First American’s Chief Economist, Mark Fleming, explains the impact, “Ongoing supply shortages remain the main driver of the performance gap as the housing market continues to face an inventory impasse – you can’t buy what’s not for sale. However, an unexpected affordability surge, driven primarily by lower-than-anticipated mortgage rates, rising wages and favorable demographics, has boosted housing demand.” Mortgage interest rates had been on the rise for most of 2018…
April 11th, 2019
A Home for Retired Life
What to Consider When Choosing Your Home To Retire In As more and more baby boomers enter retirement age, the question of whether they should sell their homes and move has become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement. According to the National Association of Exclusive Buyers Agents (NAEBA), there are 7 factors that you should consider when choosing your retirement home. 1. Affordability “It may be easy enough to purchase your home today but think long-term about your monthly costs. Account for property taxes, insurance, HOA fees, utilities – all the things that will be due whether or not you have a mortgage on the property.” Would moving to a complex with homeowner…