Piper Partners
912 N Main
Ann Arbor, Michigan 48103
Email: andy@piperpartners.com
Find or sell your home today!
(734) 822-7496
Find or sell your home today!
(734) 822-7496Wealth building through investing in real estate begins with one house at a time! Statistics show that people who own real estate have greater net worth than those who don’t. Here we have a collection of articles that can help you with real estate investing, whether you’re just starting out or are a seasoned veteran.
For new investors, you will find articles about the benefits of real estate investing, as well as the best strategies. We also have articles about the best time to begin real estate investment, and how to get started in any market condition. Buying and selling real estate in any market can be profitable if done right!
Learn more about how to manage rental property here as well. Determine how much of your income should be set aside for maintenance and repairs, and when to use your income to expand your portfolio. We also have articles on how to be a good landlord.
PiperPartners offers guidance and advice on building wealth through real estate investment. From property acquisition to managing rental properties, to divesting your assets, we’ve got you covered!
Contact us today for a no-obligation real estate investment consultation.
Many people are asking me if it now ...
Read More »
Have you ever sold a car and consulted...
Read More »
Finding a home with the right spac...
Read More »
Should I wait to sell until my tenants...
Read More »
If you’re thinking about renting y...
Read More »
As we transition into 2025, the housing market continues to grapple with challenges that have persisted throughout 2024. Fannie Mae's Economic and Strategic Research (ESR) Group provides insights into the anticipated trends for the coming year, highlighting factors expected to shape the real estate landscape. This article provides highlights from the Fannie Mae 2025 Housing Outlook with a look at key trends in home prices, mortgage rates and sales. Read the complete report: Fanie Mae's 5 Housing Market Predictions for 2025 for more details; loaded with economic, housing and mortgage information. 8 Steps to buying a home in Michigan in 2025 Download the Piperpartners Real Estate Team 2025 Home Byer's Guide 1. Mortgage Rates: Modest Decline with Continued Volatility The ESR Group forecasts that average mortgage rates will remain above 6% in 2025. Persistent inflation and a stabilizing job market have tempered expectations for significant interest rate reductions. Unless there is a marked slowdown in economic growth, mortgage rates are projected to decrease slightly, approaching 6% by the end of 2025. However, factors such as economic resilience, inflation persistence, and potential policy changes may contribute to fluctuations in mortgage rates throughout the year. 2. Existing Home Sales: Modest Improvement Yet Historically Low Existing home sales are expected to total 4.25 million in 2025, reflecting a 4.8% increase from the estimated 4.06 million in 2024. Despite this improvement, sales remain approximately 20.3% lower than in 2019. The limited recovery is attributed to ongoing affordability challenges and the "lock-in effect," where homeowners with low mortgage rates are disinclined to sell and re-enter the market at higher current rates. 3. New Home Sales: Regional Variations Influence Growth The new home market is anticipated to be a bright spot, particularly in regions conducive to construction, such as the Sun Belt and Mountain West. Of the approximately 750,000 single-family housing permits issued year-to-date through October 2024, 20% were concentrated in metropolitan areas like Houston, Dallas, Phoenix, Atlanta, and Charlotte. This trend is expected to continue, with significant homebuilding activity in these regions throughout 2025. 4. Home Price Growth: Deceleration Expected National home price growth is projected to decelerate, with an estimated year-over-year increase of 3.6% in 2025, down from 5.8% in 2024, as measured by the Fannie Mae Home Price Index. While mortgage rates will continue to pose affordability challenges, the slowing of home price appreciation may allow nominal wage growth to surpass home price growth for the first time since 2011, gradually improving homebuyer affordability conditions. 5. Multifamily Housing: Stability Amidst Challenges The multifamily housing sector is expected to remain stable in 2025, mirroring trends from 2024. Long-term demographic factors support multifamily construction; however, below-average rent growth is anticipated in the near term due to the completion of additional units. Rent growth is projected to be between 2% and 2.5% in 2025, providing some relief to renters and contributing to a gradual improvement in affordability. In summary, while certain segments of the housing market may experience modest improvements in 2025, overarching challenges such as affordability constraints and limited inventory are likely to persist. Stakeholders should remain informed and adaptable as the market continues to evolve.
Ann Arbor Real Estate Marke...
Read More »
Ready to make homeowne...
Read More »
Navigating the Ann Arbor real estate ma...
Read More »
The Lowertown Riverfront Conservancy is...
Read More »
Making a Plan for Purchasing Your Ideal Home in Ann Arbo...
Read More »
Is it a good time to buy or se...
Read More »
2023 Ann Arbor Area Real Estate Mark...
Read More »
Ann Arbor Area Real Estate Marke...
Read More »
912 N Main
Ann Arbor, Michigan 48103
We improve lives by delivering 5-star real estate service with the highest levels of competence, trust, and integrity. We are known as connected, compassionate, and giving leaders in the communities we serve.
The Piper Partners Real Estate Team in Ann Arbor is one of the top-ranking teams in Southeast Michigan. Piper Partners serves Washtenaw, West-Wayne, Livingston, and parts of Oakland counties, including the cities of Ann Arbor, Brighton, Canton, Chelsea, Dexter, Milan, Northville, Plymouth, Saline, South Lyon, and Ypsilanti.
