Marc Edelstein

The real estate market is changing for the better in Southeast Michigan and the Metro Detroit Area.  Whether you’re looking to buy your first home in Oakland County or Wayne County, a slump in the market, reduced home values and down interest rates on mortgages give you real buying power. What holds up a lot […]

Home prices have taken a serious beating in the last few years and the demand for rental units continues to climb.  In fact, the demand for rentals has increased so much that in most of the major U.S. cities it’s actually cheaper to buy a two-bedroom home than to rent one. According to real estate […]

The most significant influence on mortgage rates this week was Friday’s Employment report, which was much stronger than expected. Events in Europe have had less impact on US markets in recent weeks. While mortgage rates moved lower early in the week, they ended the week a little higher. Friday’s Employment data exceeded expectations in nearly […]

If you’re thinking about obtaining a mortgage in Michigan, now is probably the best time to make a move.  The demand for foreclosures in Michigan continues to remain high but the number of available foreclosures – particularly those that are attractive to first time buyers  – are steadily dwindling. Bank Repossessions are Down Last Quarter […]

After the credit crunch between 2008 and 2009, it’s no surprise that people tend to get confused about the qualification process involved with getting a mortgage in Michigan. It certainly doesn’t help home buyers when the mortgage market changes so quickly, and the population of misinformation on the web only makes matters worse. Here are […]

Four years after the United States went through an economic scare and first-time home buyers in Michigan still feel like they’re feeling the pinch.  Many are finding it still difficult to obtain a mortgage after years of easy credit – the market isn’t the same anymore but if you’re trying to obtain a mortgage in Michigan, […]

When you’re ready to talk to a mortgage banker in Michigan and buy your first home, there’s all kinds of excitement – and at the same time there’s that knot in your stomach.  First time home financing can be a daunting and unnerving process for some. With all the talk about the housing market being […]

If you’re seeking a mortgage in Michigan to buy your first home, chances are good that the entire process of buying real estate is a little daunting – navigating the murky waters isn’t exactly easy when you don’t have a map and you’re not sure how the process works from start to finish. Real estate […]