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How Our Tech Helps You Buy or Sell a Home

by Tom Stachler,ABR,CDPE - Group One Realty Team

Using Modern Tech to Buy or Sell Real Estate


With much of the country mostly staying Home, it's not your typical spring homebuying season. 

You might think social distancing has made it difficult to meet with lenders, view properties and sign paperwork, but fortunately that's not the case. 

In fact, prospective buyers and sellers continue to move forward with their housing needs and doing so with safety in mind.

While the process may look a little different, modern technology is making it possible and, in some ways, more convenient.

So how does it work?

  • Virtual Open Houses and Showings: Facebook Live, HouseParty, FaceTime and Zoom are all being used to show properties. And many listings include a prerecorded tour of the home.
     
  • 3D Floor Plans, HD Videos and Interactive Walk-Throughs: Online tools make it easy to create interactive 3D walk-throughs, or our unique HD Videos and even allow for decor and furniture placement to give buyers a more lifelike feel of the space.
     
  • Electronic Signatures and Deed Filings: E-signing technology means there’s no need to meet in person to sign offers, contracts or any other paperwork needed in the process. 
     
  • Desktop and Drive-By Appraisals: If sellers are hesitant to have an appraiser visit their property in person, desktop and drive-by appraisals are a good alternative. These use city data, prior appraisals and comparable sales information to assess a home’s value. Homeowners can video chat with the appraiser to show them the interior and exterior elements of the property.

Curbside & Video Closings: E-signing technology means there’s no need to meet in person to sign most of the closing documents, or any other paperwork needed for closings though many lenders still want "wet signatures" prompting curbside or reserved closing rooms.  

 

So bottom line, the way we buy and sell homes may have changed for now, but it’s still an active and essential market. If you have any questions about making a move, please don’t hesitate to get in touch. Tom Stachler and his team are always on the cutting edge of technology and marketing success.  Check out this website for listings and more resources for the Dexter, Saline, Ann Arbor, Ypsilanti, Milan and surrounding home purchase or listings communities.  

 

Should I still buy a home during the COVID-19 crisis?

by Tom Stachler,ABR,CDPE - Group One Realty Team
Should I still buy a Home during the COVID-19 crisis?
 
Answer: YES! And here's why now is a great time...
 
We've been in a "seller's market" for a few years now, meaning that there has been more demand from buyers than home inventory for sale. This means that many homes have had bidding wars, with multiple offers driving up prices and leaving many potential buyers with no home at all.
 
But that's not the case right now. Inventory is tight
 
So why not wait? One reason is mortgage interest rates are currently GREAT and hovering around 3%. Won't home prices come down because of the virus crisis? The answer here is, "No, not likely." Many potential sellers will choose not to list their home during this time, especially if home prices drop at all. With the mandatory "stay at home" in place, many can't properly list their homes with photos and meetings with their realtor. That means inventory will remain tight, with less homes to choose from and more demand.
 
Besides, even if home prices do come down some, they will rebound after the Lock-down, driven by buyers wanting to take advantage of these historically low rates before they go up as the economy picks back up and recovers. Rates will be lowest now and in also the first 30 days post lock-down because with the spring/summer scramble mortgage rates are likely to rise at the same time. So Buying a home now, with rates as low as we are seeing, makes homes more affordable.
 
If you'd like to discuss it more, or maybe find out more about home inventory and affordability in our area, reach out anytime. I'd be glad to talk about it with you, and there's never a charge or obligation.
 
Check out the Links, listings and resources on this website and let us hear from you.  We would love hearing from you and enjoy helping everyone.  
 
Tom Stachler is a state licensed real estate broker and builder with over 30 years experience.  Let him or a team member assist you today in the Dexter, Ann Arbor, Saline, Ypsilanti and other surrounding communities.  

BEAT COMPETING BUYERS - GET NEW REALTY LISTINGS FIRST !

by Tom Stachler,ABR,CDPE - Group One Realty Team

GET THE LATEST/NEWEST REAL ESTATE LISTINGS FIRST - WATCH VIDEO BELOW

Great Tool to Find New Listings before other competing buyers.  Get Started today.  

Washtenaw County Market Update

by Tom Stachler,ABR,CDPE - Group One Realty Team
 
 
 
 
 
 
 
 
2019 Review/2020 Outlook
 
Affordable Markets Continue to Shrink
 
After a decade of price increases, entry-level buyers struggle to find affordable move-in-ready housing. Homes that were affordable in the recent past continue to move beyond their range. Between 2016 and 2019, the number of under-$300k sales dropped 31% from 2,451 to 1,695. Washtenaw County's upper-end markets continue to thrive. Sales in both the $300k to $600k and the over-$600k markets were up 10%.
 
Download the Full Report →
 
 
 
 
626
AVAILABLE HOMES
-21% from last month
 
 
221
NEW PENDINGS
-1% from last month
 
 
 
 
3,550
YTD CLOSED SALES
no change from last year
 
 
$349k
YTD AVG. SALES PRICE
+4% from last year
 
 
Download the Full Report →
 
 
 

September Real Estate Market Update

by Tom Stachler,ABR,CDPE - Group One Realty Team
Ann Arbor Housing Report

Through August, year-to-date single-family sales are down 3% from last year and average price is up 3% yet value changes vary dramatically by area and price range. The Housing Report linked below breaks each market area down into four price ranges, making the numbers more relevant for individual buyers and sellers.

Be sure to read this month’s article which discusses the timing and extent of any upcoming market adjustments. This information will help us assure our clients why no bursting bubbles are in sight. 

 

Click here to download the full report

Washtenaw County Housing Report September 2019

 

Tom Stachler is a licensed real estate broker in the Ann Arbor, Saline, Ypsilanti and Dexter and surrounding markets.  Contact us today for Home and condo properties for sale and ask about our realtor buyer agent services.  

Get Your Market Update on Washtenaw County Here

by Tom Stachler,ABR,CDPE - Group One Realty Team

Watch an update of the 2019 Michigan housing market in Washtenaw County by Real Estate One Family of Companies’ President of Brokerage Services, Dan Elsea. He recaps the market and gives thoughts on the next quarter and upcoming year for the real estate market in Ann Arbor, Dexter, Ypsilanti and all of Washtenaw County. 

 

Tom Stachler is a licensed Broker and Builder marketing homes and Rentals in the Ann Arbor Michigan area.  Also search for properties, houses, and condos for sale in Saline, Dexter, Chelsea, Milan and the Ypsilanti real estate markets.  Check out the handy Links for Home related information and and MLS inventory access above. 

Football Season Is Coming Soon

by Tom Stachler,ABR,CDPE - Group One Realty Team

Football season is coming up! Are you as excited as we are? We have a great calendar for you to print out to keep track of your favorite Michigan Football Team. Both University of Michigan in Ann Arbor and Michigan State in East Lansing have announced the dates of their Home games and away games.

 

 

Washtenaw Housing Market Update 2019

by Tom Stachler,ABR,CDPE - Group One Realty Team

Watch an update of the 2019 1st Quarter Michigan housing market in Washtenaw County by Real Estate One Family of Companies’ President of Brokerage Services, Dan Elsea. He recaps the market and gives thoughts on the next quarter and upcoming year for the real estate market in Ann Arbor, Dexter, Ypsilanti and all of Washtenaw County. 

 

 

Tom Stachler is a licensed Broker and Builder marketing homes and properties in the Ann Arbor Michigan area.  Also search for properties, houses, and condos for sale in Saline, Dexter, Chelsea, Milan and the Ypsilanti real estate markets.  Check out the handy Links for realty related information and and MLS inventory access above. 

Ann Arbor and Washtenaw County Market Update for January 2019

by Tom Stachler,ABR,CDPE - Group One Realty Team

Market Update - Watch the Video

An interesting update from the Real Estate One President Dan Elsea on the housing market

 

Tom Stachler is a licensed Realtor Broker selling homes in the Ann Arbor, Saline, Ypsilanti and Dexter areas markets.  Feel free to reach out if you are looking to purchase or view homes in these areas and also including Milan and Chelsea markets or most of Washtenaw County.  Looking for Homes or condos for sale ?  Check out the Links above left or the helpful real estate resource links above and to the right.  

Ann Arbor and Washtenaw County Market Update for December 2018

by Tom Stachler,ABR,CDPE - Group One Realty Team
Higher Sales Prices and Fewer Sales in 2018
 
Overall, the Ann Arbor area housing market saw higher housing prices in 2018 compared to 2017. The average sales price of single family homes in 2018 was $321,737, 6.2% higher than the average sales price in 2017. December 2018 saw a 1.5% increase in the average sales price of single family homes, with an average of $302,373, compared to $297,785 in December 2017. Condominiums sold at an average of $254,051 in 2018, 13% higher than the $224,818 average sales price of 2017.
Average listing prices were up for both single family homes and condominiums in 2018. The average list price of single family homes in 2018 was $326,374-up 6.2% from 2017-and the average list price of condominiums in 2018 was $256,318-up 13.3% from 2017.
The number of new listings year-to-date was up 2% from 2017, with a total of 5,789 new residential listings in 2018. In December 2018, the number of total new residential listings was up 10.6%, with 198 new listings compared to 179 in December 2017. Residential sales were down 14.5% in December 2018 compared to December 2017, and year-to-date, there were 7.1% fewer total residential sales overall compared to 2017.
Despite sales slowing towards the end of 2018, the housing market is predicted to have a good year in 2019. According to research from CoreLogic's Home Price Index, home prices are expected to appreciate by 4.8% in 2019 and interest rates are expected to rise.
 
To see more Ann Arbor Area housing statistics, view the December 2018 Housing Statistics Report.


 

Tom Stachler is a licensed Real Estate Broker working in and around the Saline and Ann Arbor Michigan Markets selling homes and condo and commercial real estate.  Contact his office today for any of your realty needs.  

Ann Arbor Area Board of REALTORS®

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