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In Michigan, as the first day of spring arrives, the real estate market starts to heat up. Timing, price, and appearance are the name of the game when establishing value in
real estate. When any of these three factors are jeopardized, the value of the property
diminishes. The Lasco Real Estate Group houses a team of experts to help you understand that factors that help you buy and sell homes successfully, with your goals and your finances in mind.

Let’s talk about it.


â—Ź Timing: It’s a known fact that unlike fine wine, the longer a house stays on the
market, the more it depreciates. In every market and in every neighborhood,
there’s an “Average Days On Market” figure that Realtors can access. When
properties linger past this, they become stigmatized and…

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If asked to describe the real estate market over the last few years in one word, 'challenging 'sums it up nicely. Over the last few years, we have watched the inventory shrink, the prices remain strong and stable, and the mortgage interest rates hit over 7%. We have watched buyers and sellers drop out of the market, waiting to see where the crazy post-COVID economy would take us. If ever there was a time that a professional realtor could be the difference between success and failure in a transaction, that time is now.  

Whether a buyer or a seller, 2025 is the balanced market of opportunity that we have all been waiting for. The new year has brought a much more favorable inventory than we have seen in years, and lower interest rates are the…

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Introduction

Buying a home is a significant investment, and ensuring that the property is in good condition is crucial. A thorough home inspection can help you identify potential issues and make an informed decision. In this comprehensive guide, we’ll explore what you should look for during a home inspection, providing valuable insights to help you navigate this essential step in the home-buying process.


Why Home Inspections Are Essential

Before delving into the specifics of what to look for during a home inspection, it’s important to understand why these inspections are so crucial. A home inspection can:

  • Reveal Hidden Issues: Surface-level aesthetics can hide significant problems that only a professional can uncover.
  • Save Money:

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There are many ways to freshen up your home when you are thinking of selling.  A few top line items are creating space within your home, freshen up paint, wash walls/baseboards/outside windows... And make sure that your home has curb appeal!  The front door will be where your potential buyers are waiting to enter the house, what they are staring at when they are waiting for their agent, and what they see when they drive by checking out the house before and after they make their offer.


Check out a few great tips here:


https://www.bhg.com/home-improvement/exteriors/curb-appeal/the-dos-and-don-ts-of-choosing-a-front-door-color/


Call or text me anytime to help with buying and selling!

-Jen

c. 248.840.6059

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If you live anywhere near Fenton, Michigan you most likely know or have been told by someone about how Downtown Fenton has become a desination for Food, Entertainment, Shopping, and general business. 

In the early 2000's Fenton, Michigan was already put on the map with the popular eatery, The Laundry.  Ahead of it's time in the area The Laundry was grabbing patrons attention from all of the state and country for their unique atmosphere and food.  It as not long after the same group opened Crust and now other establishments that have been part of the fast growing commercial real estate sector in Fenton. 

Fenton has seen well known business owners from southeast Michigan now join the buzz buying, renovating, and opening hot spots like The Fenton…

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The State of Michigan is a thriving place, home to many successful industries including aerospace and military equipment manufacturing, copper and ore mining, tourism and Christmas tree farming, to name a few. When you talk about some of the best places to live in Michigan, you would generally evaluate them on the basis of crime levels, education levels, unemployment rates, population density, commute time, median income and median home values. While there are many popular places in Michigan, the city of Fenton has shown a steady increase in home values.

Fenton is a small city located about 70 miles Northwest of Detroit. It is part of Genesee County. The city has a population of around 12,000 people. More than 95% of the population is Caucasian…

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The month of April 2018 has some significant changes in the housing market for Genesee County, Michigan, including cities like Fenton, Linden, Holly, and Grand Blanc.  The largest percentage drop that was recorded in Genesee county was the months supply of inventory of homes for sale coming in at -46.2% compared to 2017 supply.  This drastic drop of in months supply of homes for sale from 3.9 to 2.1 shows that the market continues to be in favor of home sellers.   In comarision to Genesee County, the City of Fenton saw similar results with the months supply down 46.9% and the average sales price of homes sold in Fenton climbing 11.5% year over year from $172,980 to $192.281.  

Click Here to see the Detailed Local Market Update Report for Genesee…

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Today the federal reserve announced that it will be raising the federal fund rates .25% from 1.5% to 1.75%.  The question is how will this affect you if you are buying a home or selling a home.  Well, if you are a lucky home buyer that already locked in your interest rate with a mortgage lender you have nothing to worry about.  But, if you are home shopping now and have not secured a loan and interest rate, you will most likely be affected.  This is not a dramatic increase and if you do the math of $200,000 at 4.5% vs 4.75% the payment change is only $30 per month.  Now if you are looking for a larger mortgage let's say $750,000, you are going to see a payment increase of $112 per month using those same example rates.  

Take a minute and watch the…

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If you have been searching for homes for sale in Howell, Michigan you may have just found your next dream home.  5596 Kristin Drive in Howell, MI just hit the market at $449,000 and offers over 4,000 square feet of living space, 4 Bedrooms, 5 Bathrooms and is sitting on a lot that is nearly a full acre in size.  

The real estate market in Howell, Michigan has shown major signs of continued growth and this home is an example of what has been selling fast.  5596 kristin Drive was built in 2004 and offers 4,059 square feet of living space.  You will find yourself in a very open floor plan with many upgrades.  The spacious chef's kitchen offers a large island, high-end appliances, and an incredible fireplace with flat sreen tv above it.  

5596 Kristin Drive, Howell, MI

The master…

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The real estate market in Fenton, Michigan continued the downward trend of available homes on the market versus 2017 with only 8 new listings hitting the market which was 38.5% less than 2017.  The overall strength shows to be very strong with the median sales price rising over 21% versus 2017 and the percent of list price received falling 2.5% higher year over year.  These numbers show that anyone looking to sell their home in the city of Fenton should be expecting great results and if you were considering selling, now would be a great time. 

Click HERE to see the full detailed report for the City of Fenton Real Estate Market Statistics for January 2018 in PDF format.

The real estate market in Fenton Township, Michigan showed an upward trend of…

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