Mike Bowler blog

Do 46 Million Millennials Know They Are Mortgage Ready?

Great time to buy or sell a home in Greater Lansing, Michigan
Posted by Mike Bowler on March 20, 2019 in  Buying a Home  Mortgages
Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as part of attaining the American Dream. Millennials have taken longer to obtain traditional milestones than the generations before them, such as getting married, having kids, and buying a home. However, that does not mean that they do not still aspire to achieve those things. History shows that people tend to buy their first home around age 30. Nearly 5 million millennials will turn 30 in th... read more
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7 Things To Avoid After Applying for a Mortgage!

Great time to buy or sell a home in Greater Lansing, Michigan
Posted by Mike Bowler on March 13, 2019 in  Buying a Home  Mortgages  Real Estate Update
Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer. They will be able to tell you how your decision will impact your home loan. Below is a list of 7 Things You Shouldn’t Do After Applying for a Mortgage! Some may seem obvious, but some may not! 1. Don’t change jo... read more
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What’s Going On with Bidding Wars?

Great time to buy or sell a home in Greater Lansing, Michigan
Posted by Mike Bowler on March 12, 2019 in  Buying a Home  Real Estate Update  Selling a Home
In a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected. This makes sense! A seller’s market is defined as a market in which the inventory of homes for sale cannot satisfy the number of buyers who want to purchase a home. According to the Cambridge English Dictionary, bidding wars occur when two or more parties repeatedly outbid each other as they compete to purchase something- in this case, a home. In some a... read more
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4 Reasons to Buy a Home in the Spring in Greater Lansing, Michigan

Great time to buy or sell a home in Greater Lansing, Michigan
Posted by Mike Bowler on March 11, 2019 in   Michigan  Buying a Home  Greater Lansing  Real Estate Update
Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 4.4% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.6% over the next year. Home values will continue to appreciate for years. Waiting no longer makes sense. 2. Mortgage Interest Rates Are Project... read more
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Preparing to Spring Forward [INFOGRAPHIC]

Great time to buy or sell a home in Greater Lansing, Michigan
Posted by Mike Bowler on March 08, 2019 in  Buying a Home  Selling a Home
Some Highlights: In the majority of the country, this weekend marks the start of Daylight Savings Time as we set our clocks forward an hour on Sunday at 2:00 AM EST. Whether you plan on buying or selling this spring, these tips could help you ‘spring ahead’ of your competition! Spring brings two things: more buyers & more sellers! Get prepared now to stand out in the crowd! ... read more
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