Sherri Petro Homes

Sherri Petro Homes Real estate professional serving Plymouth, MI and surrounding areas. Blog website: https://sherripetr Real Estate Agent

Sold!!! Another Happy Seller and Buyer!  Let me help you find your perfect Dream Home in Sunny South West Florida.
05/10/2024

Sold!!! Another Happy Seller and Buyer! Let me help you find your perfect Dream Home in Sunny South West Florida.

Is a Multi-Generational Home Right for You?Ever thought about living in the same house with your grandparents, parents, ...
04/30/2024

Is a Multi-Generational Home Right for You?

Ever thought about living in the same house with your grandparents, parents, or other loved ones? You're not alone. A lot of people are choosing to buy multi-generational homes where everyone can live together. Let's check out why they think it’s a good idea to see if it might be a good fit for you, too.

Why People Are Choosing Multi-Generational Living

Sharing costs like the mortgage and utilities can make owning a home more affordable. This is especially helpful for first-time homebuyers who might find it challenging to buy a place on their own in today's market.

As Axios explains: “Financial concerns and caregiving needs are two of the major reasons people live with their parents (and parents’ parents).”

How an Agent Is Key in Finding the Right Home for You

Looking for the perfect multi-generational home is a bit trickier than finding a regular house...



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Ever thought about living in the same house with your grandparents, parents, or other loved ones?

Now’s a Great Time To Sell Your HouseThinking about selling your house? If you are, you might be weighing factors like t...
04/29/2024

Now’s a Great Time To Sell Your House

Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move.

Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say it’s a good time to sell is on the rise.

Why Are Sellers Feeling so Optimistic?

One reason why is because right now is traditionally the best time of year to sell a house.
These are the seasons when most people move. That means buyer demand grows. And because there still aren’t enough homes for sale to meet that demand, sellers see some serious perks. According to Rocket Mortgage: “Homes that are listed at the end of spring and the beginning of summer typically sell faster at a higher sales price.”

What Does This Mean for You?

More sellers are...



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Thinking about selling your house?

Equity Can Make Your Move Possible When Affordability Is Tight [INFOGRAPHIC]Did you know the equity you have in your cur...
04/28/2024

Equity Can Make Your Move Possible When Affordability Is Tight [INFOGRAPHIC]

Did you know the equity you have in your current house can help make your move possible? Once you sell, you can use it for a larger down payment on your next home, so you’re borrowing less. Or, you may even have enough to be an all-cash buyer. The typical homeowner has $298,000 in equity. If you want to find out how much you have, let’s connect for a Professional Equity Assessment Report.



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Did you know the equity you have in your current house can help make your move possible?

If you’ve been a homeowner for at least a couple of years, keep reading. Because that means you may be sitting on a soli...
04/27/2024

If you’ve been a homeowner for at least a couple of years, keep reading.

Because that means you may be sitting on a solid amount of equity. And if so, there are a few different ways you can use it to fuel your next move.

Wanna know what your equity might unlock for you? Let’s talk through it.



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04/26/2024

Do You Know How Much Equity You Have?

Do You Know How Much Equity You Have? To find out what your number is, let’s connect.



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What You Really Need To Know About Home PricesAccording to recent data from Fannie Mae, almost 1 in 4 people still think...
04/25/2024

What You Really Need To Know About Home Prices

According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know.

A lot of that fear is probably coming from what you’re hearing in the media or reading online. But here’s the thing to remember. Negative news sells. That means, you may not be getting the full picture. You may only be getting the clickbait version. As Jay Thompson, a Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry. Clickbait, the sensationalizing of headlines and content, has been an issue since the dawn of the internet, and housing news is not immune to it.”

Home Prices Rose the Majority of the Past Year

It’s...



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According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down.

No matter what you’ve seen in the news, there is no wave of foreclosures on the horizon. Yes, we’ve seen numbers tick up...
04/24/2024

No matter what you’ve seen in the news, there is no wave of foreclosures on the horizon.

Yes, we’ve seen numbers tick up slightly (hence those headlines), but that was expected when the moratorium ended. It’s not a cause for alarm.

We’re still well below pre-pandemic levels and way lower than what we saw during the crash.

If you have questions, I’m here to help.



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The Best Way To Keep Track of Mortgage Rate TrendsIf you’re thinking about buying a home, chances are you’ve got mortgag...
04/23/2024

The Best Way To Keep Track of Mortgage Rate Trends

If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind. You’ve heard about how they impact how much you can afford in your monthly mortgage payment, and you want to make sure you’re factoring that in as you plan your move.

The problem is, with all the headlines in the news about rates lately, it can be a bit overwhelming to sort through.

The Latest on Mortgage Rates

Rates have been volatile – that means they’re bouncing around a bit. And, you may be wondering, why? The answer is complicated because rates are affected by so many factors.

Things like what’s happening in the broader economy and the job market, the current inflation rate, decisions made by the Federal Reserve, and a whole lot more have an impact. Lately, all of those factors have come into play, and it’s caused the volatility we’ve...



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If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind.

Did you know? Around 1 in 4 people still think homes prices are going to fall according to Fannie Mae. A lot of that is ...
04/22/2024

Did you know?

Around 1 in 4 people still think homes prices are going to fall according to Fannie Mae.

A lot of that is because of clickbait headlines. But the actual data shows prices are rising nationally, not falling.

Have questions about what you’re reading? I'm here to help clear up any confusion.



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Waiting for mortgage rates to fall? A lot of other buyers are too. When rates are higher, there are fewer buyers in the ...
04/21/2024

Waiting for mortgage rates to fall? A lot of other buyers are too.

When rates are higher, there are fewer buyers in the market. But when rates start to come down later this year, buyer demand will ramp up.

If you want to beat the crowd, you could sell now. It’ll save you a heap of competition and stress down the road. Let’s chat.



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Address

3310 W. Big Beaver Suite 105
Troy, MI
48084

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