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Why a Frozen Market is the Best Time to Fly 🛩️

It’s been cold in Kalamazoo the last few weeks. . . .   Do you wait for the “perfect” weather to plan a trip?

In aviation, we know that COLD AIR is actually better for performance. The air is denser. The engine runs better. The plane climbs faster.

The Michigan housing market works the exact same way. While everyone else is “grounded” waiting for the spring thaw, the smart home buyers are already in the air.

Here is the COLD TRUTH about buying right now:

  1. NO CROWDS. Think of a popular restaurant on a Tuesday night vs. Saturday night. Right now, you aren’t fighting 15 other people for the same table. You get the best service and the best seat.
  2. THE STRESS TEST. In July, every house looks great. In January? You get to see the “TRUTH” of the home. Is the furnace keeping up? Are the windows drafty? You are seeing the house at its absolute worst performance level.
  3. MOTIVATED SELLERS. If a seller has their house on the market during a blizzard, they aren’t “testing the waters.” They are ready to MOVE. That gives you the leverage.

The Test: Look at the “Days on Market” for a house you like. If it has been sitting for 30 days in the snow, that seller is much more likely to say “YES” to a lower offer than they would be in May.

Don’t wait for the spring “traffic jam” when prices usually spike by 3-5%.

Next Step: Call me at (269) 360-7109. Let’s look at your “Winter Ops” flight plan today.

 

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Jumbo vs Conventional Loan

JUMBO LOAN VS. CONVENTIONAL: WHAT KALAMAZOO MOVE-UP BUYERS MUST KNOW

Are you shopping for a luxury executive home or a custom build in Texas Township, Portage, or Richland?

Yesterday, a move-up buyer walked into my office after touring a gorgeous five-bedroom home near Texas Corners. The listing sat well above their previous starter home price point, and they were trying to calculate their down payment strategy.

They asked me, “Jeremy, at what price point does our mortgage switch from a standard Conventional loan into a Jumbo loan? Do Jumbo loans require massive 20% cash down payments?”

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