3-4 BR home on over a ½ acre lot! Wonderful country feel!

1157 Boichot, Lansing, Michigan 48906

MLS #   48962 Bedrooms   3 Baths   2   Click here for details Description: Contact Peter MacIntyre at 517-999-2675 - www.pmachomes.com - Welcome to 1157 Boichot located in the very desirable Boichot Subdivision! Great access to highway and shopping! This very quiet neighborhood has so much to offer. The home is situated on over a ½ acre and has a wonderful country feel with mature trees. Plenty of room with 3 bedrooms and a possible 4th and 2.5 baths. Very nicely done with open floor plan, great dining area leading to large deck for entertaining. The lower level features egress windows, laundry room and another family room for additional living space if needed. All appliances stay except washer and dryer. Seller will be putting a new roof on the home as an added bonus! Taxes are currently non homestead. This home has so much to offer at a great price for the area. Please call the office for all showings! Peter MacIntyre RE/MAX Real Estate Professionals 517-999-2675 www.pmachomes.com Full Service Tours: Browse Here

2000 plus SF home offers 4 BRs & 2.5 baths! Grand Ledge Schools!

9317 Riverside, Grand Ledge, Michigan 48837

MLS #   49079 Bedrooms   4 Baths   2.5   Click here for details Description: Contact Peter MacIntyre at 517-999-2675 - www.pmachomes.com - Welcome to 9317 Riverside in Grand Ledge MI. Spacious and open this 2000 plus SF home offers 4 bedrooms and 2.5 baths! Grand Ledge Schools and established sub and beautiful area! Family room offers with wood burning fireplace and beamed ceiling. Kitchen offers all appliances and solid oak cabinets! 1st floor laundry and 2 car attached garage. Full partially finished basement for additional living space! Opportunities galore!! Many updates such as new roof, newer hot water heater, furnace and many additional updates! Enjoy entertaining on the covered deck (complete with hot tub) overlooking the great backyard. This home is a must see! Please call the office for all showings! Peter MacIntyre RE/MAX Real Estate Professionals 517-999-2675 www.pmachomes.com Full Service Tours: Browse Here

Welcome to 2735 Lupine, Okemos MI! Popular Meadows Sub!

2735 Lupine, Okemos, Michigan 48864

MLS #   47776 Bedrooms   3 Baths   2.5   Click here for details Description: Contact Peter MacIntyre at 517-999-2675 - www.pmachomes.com - Welcome to 2735 Lupine, Okemos in the popular Meadows Subdivision! The Meadows is within walking distance to parks, natural areas and Okemos Schools! This luxury home with over 2600 SF of open living space has many builder upgrades and amenities just waiting for you! Upon entering the home you are welcomed with the grand 2 story foyer leading to the spacious living and dining areas. The magnificent kitchen boasts cherry cabinets, granite countertops and Center Island - perfect for entertaining! Great room with gas fireplace completes the main level! Second floor master with grand master suite bath and walk in closets. 3 additional generous sized bedrooms and full bath are on this level as well. Enjoy the convenience of a second floor laundry! Lower level features several windows and open and spacious for possible future finished living space if needed. Attached 2 car garage. Enjoy the beautiful views and amazing location of this luxury home. Call for your private showing today. Peter MacIntyre RE/MAX Real Estate Professionals 517-999-2675 www.pmachomes.com Full Service Tours: Browse Here

3 Financial Reasons to Buy a Home NOW! Rents Are Skyrocketing

Part III – Rents Are Skyrocketing

Whether you own or rent, you will have a monthly housing expense. The question is how that expense will change in the future. When you purchase a home, for the most part, you lock-in that monthly housing expense for the length of the mortgage you take (15 or 30 years for example). When you rent a home, your housing expense is impacted by movements in the supply and demand for rental properties.

Historically, residential rental rates increase by 3.2% on an annual basis. However, in the current housing environment, there is an increasing demand for residential rental properties. This increase in demand has dramatically impacted rates. Zillow, in their most recent report, revealed that rental rates in the U.S. increased by 4.5% over the last twelve months. Other studies have projected rental rate increases of 4-5% over the next few years.

The only way to have control of your housing expense is to buy.

But Isn’t Buying Much More Expensive Than Renting?

Not right now! As a matter of fact, with prices down and mortgage rates at historic lows, it is LESS EXPENSIVE to buy than rent in most areas. In a recent report, Trulia revealed it is cheaper to buy than rent in ALL of America’s largest regions.

According to Jed Kolko, Trulia’s Chief Economist:

“People who didn’t buy a home last year may have missed the bottom of the market, but they haven’t completely missed the boat. Buying remains cheaper than renting in all 100 large metros. Even buyers who can’t get today’s lowest mortgage rates will still find that buying makes more financial sense than renting in nearly all local markets.”

However, Kolko went on to say that this opportunity may soon disappear:

“Although buying a home is still cheaper than renting, the gap is closing. In 2013, home prices should rise faster than rents, and mortgage rates are likely to rise in the next year as the economy improves. By next year, buying could be more expensive than renting in some housing markets, even for people with the best credit.” 

Again, the only way to lock-in your monthly housing expense is to take that decision out of the hands of a landlord by owning. With both prices and interest rates set to increase, the best time to buy is right now. 

Article Courtesy of KCM Blog

 

MacIntyre & Cowen, RE/MAX Real Estate Professionals Grand River, would gladly provide a complimentary Over-the-Net Home Evaluation or email alerts to Hot Buys / Foreclosed / Liquidation & Luxury Distressed Properties in the Mid Michigan areas including Greater Lansing, Haslett, Okemos, East Lansing, Grand Ledge, Holt, Williamston, Mason, Eaton Rapids, Dimondale, Dewitt areas and more.  Feel free to contact us at 517.999.2675 or visit us at www.pmachomes.com today!