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News for Home Buyers

Here's some more bad news for home buyers: It's getting even more expensive to buy a home. The average rate of a 30-year fixed rate mortgage jumped to 4.40% this week — the highest level since April 2014, according to Freddie Mac's late... Read more

Millennial Home Buyers

It's going to be an intense house-hunting season -- especially for young buyers. After years of many experts lamenting how Millennials weren't interested in becoming homeowners, it turns out many are actually diving in. But they're facing a l... Read more

Saving for a Down Payment.

Saving for a down payment is often a major hurdle for wanna-be homeowners. And for good reason: Putting 20% down costs two-thirds of the average household income. Very few are saving for a down payment in one year, it's something they do over multip... Read more

New Federal Tax Law and Home Owners

The new federal tax law created a lot of confusion over whether tax filers may still deduct the interest they pay on their home equity loans and home equity lines of credit. The new law suspends the deduction for interest on home equity indebtedness for ... Read more

February Mortgage Update

In February, prevailing mortgage rates continued to rise, and recent increases are starting to have a notable impact on home affordability, which will leave consumers choosing between a higher payment or a lower-priced home. According to the Mortgage Bank... Read more

February Sales

The three (3) most prominent national market trends for residential real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and, most recently, year-over-year declines in home sales. Sales declines are a natural... Read more

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Rob Thom
Clients First, Realtors
Phone: 248-962-3230
Email: Rob@RobThomHomes.com


Rob Thom | 248-962-3230 | Contact Me
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CANTON OFFICE
44205 Ford Rd 
Canton, Michigan 48187

    
NOVI OFFICE
43155 Main Street Ste. 2300 X
Novi, MI 48375

    
WESTLAND OFFICE
39015 Cherry Hill 
Westland, MI 48186


ROYAL OAK OFFICE
404 E. Fourth St. Ste #105
Royal Oak, MI 48067

 

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