$573,000 :: 4853 GOODISON PLACE DR, Rochester MI, 48306-1674

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4 beds, 6 baths
Home size: 3,305 sq ft
Lot Size: 28,314 sq ft
Added: 02/26/18, Last Updated: 05/23/18
Property Type: Single Family
MLS Number: 21417109
Community: Oakland Twp (63101)
Status: Sold

Welcome to this spectacular home located in the prestigious Goodison Place neighborhood. Impress your guests, when they walk in with warm hardwood floors, 8′ solid doors throughout and beautiful detailed moldings and windows. the dining room and butler’s pantry connect to the gourmet kitchen that features premium cabinets, granite and built-in appliances. Enjoy Morning coffee or unwind with a glass of wine in the Florida room that offers picture perfect views onto the rock garden, brick paver patio and the best sledding hill in the sub. Perfectly placed within a private cul-de-sac and on .65 acres of land, the home features a Bright 2 story Great Room, 1st floor master bedroom with luxurious bath, and his/hers walk in closets. Upstairs has 3 large bedrooms with large closets and attached baths. Professionally finished lower level with a family and exercise room, craft and kids play room, and 1/2 bath. Updated Incl: Roof, Carpet, Landscaping, and water heater.

Listed with Coldwell Banker Weir Manuel-Roch

Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!

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Zillow: $40 Billion to Flood Into Housing Market, Even as Homeowner Incentives Limited


Americans’ earnings, generally, have gotten a lift on payday as a result of the Tax Cuts and Jobs Act. With cuts come more discretionary spending—and, although there are changes to homeowner incentives, almost $40 billion of it is going into the housing market, according to a new report by Zillow.

“Despite new limits to two longstanding tax benefits for homeowners, the typical American taxpayer saw their tax burden fall in 2018 as a result of tax reform,” says Aaron Terrazas, senior economist at Zillow. “Some of these tax savings will still find their way into the American housing market, even though they were not explicitly targeted there, as renters and homeowners decide to use their tax savings to rent or buy a bigger home, or renovate their existing home.”

Approximately $13.2 billion is estimated to flood into market as owners and renters trade up, while $24.7 billion is expected to be invested in remodeling projects, the report reveals. With an average $1,610 saved per taxpayer (according to the nonpartisan Tax Policy Center), homeowners are projected to spend 15 cents on the dollar to renovate; renters, 11 cents to trade up.

The disparity between dollars for remodeling and trading up is in line with a growing trend: homeowners are forgoing moving up and investing in projects instead of purchasing. While the existing housing stock is in need of updates, when homeowners stay put, inventory shrinks—and currently, inventory is at its lowest on record.

According to the report, compared to higher-income households, Americans in the bottom income tier—who average $60 in savings from the Tax Cuts and Jobs Act—are allocating more of those savings to trade up.

“Lower-income households will spend more of their tax cut on buying or renting a bigger home, adding demand to an already rapidly appreciating housing market,” Terrazas says.

For more information, please visit www.zillow.com.

Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas at sdevita@rismedia.com. For the latest real estate news and trends, bookmark RISMedia.com.

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Appreciation Linked to Population Rise


Appreciation and demand go hand in hand, and for investors, both are key to profit, according to a new report.

Assessing the association between growing interest and mounting prices, analysts at HouseCanary found that appreciation is higher where inbound migration numbers are swelling. Boise, Idaho, for example, has had a high influx of new residents, and a corresponding increase in prices across all property types—from 2010 to 2017, Boise greeted more than 57,600 new residents, while apartments appreciated 7.7 percent year-over-year, condo prices rose 7 percent year-over-year, and prices on single-family steepened 5.7 percent year-over-year.

In addition to Boise, HouseCanary found the migration pattern-price relationship in the Deltona-Daytona Beach-Ormond Beach and Orlando-Kissimmee-Sanford, Fla., metros (a combined 404,000-plus new residents); the Las Vegas-Henderson-Paradise, Nev., metro (approximately 181,900 new residents); the Sacramento-Roseville-Arden-Arcade, Calif., metro (approx. 99,200 new residents); the Salt Lake City, Utah, metro (approx. 71,200 new residents); and the Seattle-Tacoma-Bellevue, Wash., metro (310,560 new residents).



Beyond the correlation between demand and prices, apartments and condos, generally, have faster-growing prices than in the single-family segment, according to the report.

For more information, please visit www.housecanary.com.

DeVita_Suzanne_60x60Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas at sdevita@rismedia.com. For the latest real estate news and trends, bookmark RISMedia.com.

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$2,500,000 :: 1719 W Gunn Road, Oakland Township MI, 48306

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0 beds, 0 bath
Home size: 0 sq ft
Lot Size: 1,089,000 sq ft
Added: 05/20/18, Last Updated: 05/20/18
Property Type: Lot/Land/Acreage
MLS Number: 218044079
Community: Rochester
Status: Active

Beautiful 25 acre parcel of land with Paint Creek running through it. Overlooks Wyndgate Country Club and backs to Paint Creek trail. This property is the only property in the area with Sanitary sewer on the property. This one of a kind property is very close to many multi-million dollar homes and is ideal for a large estate or a luxury subdivision.

Virtual Tour: http://paintcreekproperty.com

Listed with Keller Williams Rochester

Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!

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$1,100,000 :: 3505 MOCERI CRT, Rochester MI, 48306-2255

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5 beds, 7 baths
Home size: 4,680 sq ft
Lot Size: 53,578 sq ft
Added: 05/18/18, Last Updated: 05/19/18
Property Type: Single Family
MLS Number: 21450196
Community: Oakland Twp (63101)
Status: Active

GORGEOUS ‘MOCERI BUILT’ COLONIAL on a treed private 1.8 Acre Cul-de-sac . An executive home w/ the best setting in Oakland Twp. You?ll enjoy tranquil views of wildlife year-round. English style landscape is breathtaking. waterfall pond & custom brick walkways. The interior is superior! A grand entrance spiral staircase & convenient dual stairs make this home flow. Oak paneled Library w/ French doors, Built-ins, Hardwood floors. A beautiful color palette, elegant window treatments & gorgeous light fixtures. The crown jewel is the custom kitchen, Viking stove w/ dual ovens, Sub-Z fridge/ freezer. Granite counters, wine fridge, walk-in pantry. Large bright Living room w/ custom fireplace & formal dining. Family room w/ floor to ceiling windows & large brick fireplace. Master suite is a luxurious retreat, Updated master-bath features a spacious soaker tub His & Her sinks walk-in closets. Finished Walkout basement w/ full kitchen & in-law suite w/ bath , sauna, exercise rm & half bath.

Listed with RE/MAX Defined

Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!

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$599,900 :: 702 PANORAMA, Rochester Hills MI, 48306-3569

4 beds, 5 baths
Home size: 3,797 sq ft
Lot Size: 15,245 sq ft
Added: 05/18/18, Last Updated: 05/18/18
Property Type: Single Family
MLS Number: 21449875
Community: Rochester Hills (63151)
Status: Active

A great location for your family. Very close to downtown Rochester which is a vibrant community with year-round events for the whole family. The location of this home is ideal for a busy family. Kids can easily walk home from activities from Hart Middle School and Stoney Creek High School. Grand entrance with a circular staircase makes it perfect for Homecoming and Prom pictures. 3 gas fireplaces. The daylight windowed basement is gorgeous and great for entertaining. Neighbors enjoy siting on their patios and watching family activities in the open space behind their homes. Gourmet kitchen with granite counter tops, upgraded cabinets, high end stainless steel range, wine cooler, double oven and separate built in microwave. French doors with double screens to patio from kitchen 2016 Extra deep finished basement with a handsome wet bar with dishwasher, exercise room. Updated master bathroom with jetted tub. 9′ garage doors. Wired for gas Generator. Large patio with natural gas grill.

Listed with Fresh Start Homes

Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!

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$569,999 :: 5645 Oak Bluff Rd., Rochester MI, 48306

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4 beds, 3 baths
Home size: 3,862 sq ft
Lot Size: 59,677 sq ft
Added: 05/17/18, Last Updated: 05/17/18
Property Type: Single Family
MLS Number: 31347782
Community: Oakland Twp (63101)
Tract: Paint Creek Farms
Status: Active

**OPEN HOUSE! Sunday, 5/20 from 1-4pm** Come see this charming colonial in one of Rochester’s most established subdivisions! This custom built home has all the amenities you’re looking for including the popular Rochester Adam’s High School, Paint Creek Trail within walking distance, beautiful rolling acreage, wooded for privacy, open floor plan, finished basement, and within the last 10 years, kitchen and roof have been updated. This home is simply timeless.

Listed with Park Side & Company LLC

Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!

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$1,125,000 :: 4657 FAWN HILL CRT, Rochester MI, 48306-1677

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5 beds, 7 baths
Home size: 4,929 sq ft
Lot Size: 32,670 sq ft
Added: 04/12/18, Last Updated: 05/16/18
Property Type: Single Family
MLS Number: 21434474
Community: Oakland Twp (63101)
Status: Sold

Go To Virtual Tour Button to walk-thru-3D-Tour of Incredible Custom Luxury Estate in Goodison Place on gorgeous, private 3/4 acre Cul-de-Sac lot which backs to Creek. Spectacular 2-Stry Ktchn w/ Trvrtn Floor, Wolf/Sub-Zero Apps, Huge Islnd – flows into Brkfst Rm/Sunrm w/Cath Clg & Walls of Window which face east for unbelievable morning sunrises! Luxurious 1st-Flr Mstr Ste w/Tray Clg, Prvt Entrnce to Deck; Mstr Bath wrapped in heated natural stone; 2-Stry Lbry wrapped in Hdwd w/2nd-Stry Bookcase Loft; 2-Stry Liv Rm w/Custom Stone FP & Chrry Flrs; All Bedrooms have private En-Suites; Foyer, Dining Rm & Frml Powder Rm have Marble Floors; Ktchn, Mudroom, Mstr Bath, Sunroom, Casual Powder Rm have Trvrtn Floors; Fnshd Walkout Lwr Lvl has craftsmanship & finishes that rival the main levels of home. It includes Fam Rm/Bar/Rec Area, Theater Room, 5th Bdrm w/pvt entrance to Patio & plenty of windows & Full Bath, Gameroom/Sunroom area; MUST BE SEEN TO BE APPRECIATED!!!

Listed with Keller Williams Rochester

Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!

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Voice Activated: Do You Talk to Your Tech?

How many of us are talking to our tech on a regular basis?

Ken Olmstead at the Pew Research Center recently highlighted the fact that nearly half of U.S. adults (46 percent) say they use voice-controlled assistants and applications to interact with smartphones and other devices.

Just over half (55 percent) say “a major reason” they use voice assistants is to permit hands-free interaction with devices.

The Pew study affirmed that voice assistant technology is being widely used to remotely control connected systems, including “smart home” lighting and heating devices. In fact, more than a quarter (26 percent) surveyed use voice assistants to connect remotely to those apps and devices.

So where are the newest voice control technologies being integrated in 2018?

Kohler, the global designer of kitchen and bath products, has introduced Konnect. This new platform allows consumers to conveniently personalize their experience with a growing number of the company’s products through voice control.

Claiming to have delivered the first voice-activated product line for the kitchen and bath, Konnect offers support through Amazon Alexa, Google Assistant and Apple HomeKit.

Say the word and adjust the company’s lighted mirror, order up a soak with their voice-activated bathtub faucet, pick your spritz with their voice-command shower systems—and, yes, even apply a number of controls to the toilet!

Kristen Hicks at SeniorAdvisor.com says voice-activation improvements like these are helping countless homeowners age in place, by turning lights on and off, keeping grocery and to-do lists, reminding folks to take meds, changing interior temperature settings, using voice-activated technology to be sure doors are locked, and, most importantly, calling for help in an emergency. Hicks says while many home alert systems require reaching a phone or a button, a voice command can be issued without having to move.

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Common Home-Buying Mistakes People Make at Every Age

(TNS)—No matter the age or life stage, everyone makes mistakes when it comes to home-buying.

Whether it’s picking the wrong location or buying more house than you can afford, the mistakes are often universal, says Ilyce Glink, author of “100 Questions Every First-Time Home Buyer Should Ask.”

“When you’re in your 20s, your life isn’t the same as when you’re retired, and yet you’re both going to make timing mistakes,” Glink says. “You may make location mistakes. You may not think about what you need for every stage of your life, so you buy the wrong size home or make a bad money decision.”

Even so, certain age groups are more susceptible to particular missteps than others. Here are common mistakes homeowners make at each age, and a few ways to avoid them.

20s: Getting the Wrong Type of Mortgage
People in their 20s are just starting their careers and usually have less money saved than older homebuyers. For these folks, paying less for a mortgage is not just a priority, but a necessity.

This can be a bad thing if buyers get into an adjustable-rate mortgage (ARM) thinking they will earn more money down the road, says Michael Corbett, host of Extra’s “Mansions and Millionaires” and author of “Find It, Fix It, Flip It.”

“Younger buyers might get an adjustable-rate mortgage because the rate is really low; it’s like a teaser rate, and they think, ‘I’m going to get it because I’m improving in my job situation or I’ll pay off my student loan’—but if that doesn’t happen then, when interest rates go up in five to seven years, they’re going to see their mortgage rates double or even triple,” Corbett says.

If the rates on ARMs increase dramatically, there’s a chance the borrower will no longer be able to afford their mortgage payment, which could put the house in jeopardy. Before leaping into an ARM with just a dream of a house and a hope for a bigger paycheck, consider other cost-saving alternatives.

Along with popular programs like FHA loans and VA loans, there are other lesser-known initiatives geared to homebuyers on a fixed income. The HUD-sponsored Good Neighbor Next Door program, for example, offers home-buying assistance for law enforcement officers, firefighters, emergency medical technicians and pre-kindergarten through 12th grade teachers.

Along with federal money, there are also state-sponsored grants for first-time homebuyers, which you can typically find on your state’s website.

30s: Not Thinking About the Future
Homebuyers in their 30s blunder by not considering a future family when they’re standing in the middle of downtown condo with gorgeous views and access to a rooftop pool. While snagging the ultimate bachelor or bachelorette pad might seem alluring, it can also cost you money down the road, Corbett says.

“What happens is they end up having to sell—maybe not at an appropriate time—the bachelor pad and get into another house,” says Corbett. “Now they’re doing it under duress instead of planning ahead the first time, so there’s a lot of money lost there.”

If you plan on having a family, it’s important to consider that when you’re home shopping, even if you’re currently single. Glink says to ask yourself these questions before buying a home:

  • Who do I imagine living with in the future?
  • Where do I imagine living?
  • How do I imagine living?

Those answers should be an integral part of what you look for in a home. For example, if you think you might want kids or even a dog, you’ll probably want to choose a home with a backyard versus one near a great nightlife.

40s-50s: Overestimating Your Budget
In your 40s and 50s, you tend to have more money, which can lead to overestimating your budget and buying a house you can’t afford. One way to avoid this is to figure out your lifestyle comfort level, Glink says.

“Just because you can afford a $500,000 home doesn’t mean you should buy one,” says Glink. “If you’re married and both you and your spouse are working, figure out whether or not you can afford the mortgage payment if one of you gets laid off.”

Figuring out your budget is a critical step for buyers of all ages. Even experienced homebuyers can make the mistake of spending at their limit, which can mean making sacrifices that they weren’t prepared to make. Use Bankrate’s home affordability calculator to determine how much you should spend.

The takeaway for buyers in their 40s and 50s is to leave room in the budget for things they aren’t willing to give up—for example, private school for the kids.

60s and up: Falling in Love With That Vacation Home
Many homeowners in their 60s are retired or getting ready to retire. Among the many decisions retirees make is where to live. While some choose to stay where they are, many plan on moving to warmer climates, or even another country.

A costly mistake retirees make, Glink says, is going on vacation, falling in love with the place and moving immediately. Relocating and buying a home is an expensive process, so retirees should be sure they familiarize themselves with a new place before buying.

“Too many retirees make the mistake of going on vacation, and they think, ‘Oh my god, this is great,’ and they go home immediately and they sell their house,” says Glink. “They get there and they hate it. They didn’t spend enough time there.”

Before buying a new house in your vacation paradise, be sure to visit the area in every climate. For example, Florida is great in the winter, but many people might not be comfortable in the humid summer months. The same goes for Northern areas—what’s blissful in one season can be awful in another.

©2018 Bankrate.com
Distributed by Tribune Content Agency, LLC

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