Realtor Haresh Talreja

Even if you’re not looking to move right away, you may have questions about how the election will impact the housing market.
When we look at historical trends, combined with what’s happening right now, we can find your answers. Based on historical data, mortgage rates decrease in the months before and home prices and sales increase the year after the election. The facts show Presidential elections only have a small and temporary impact on the housing market.

2 questions often people ask....
- how's the real estate market
- what's the mortgage impact with the interest rate reduction

Here you go.... don't hesitate to DM me, if you have more questions.

2 questions that often people ask?
How's the real estate market?
What's will be the mortgage impact of the lowered interest rate?

Here you go....

People often ask me...how's the market? In my opinion, it's good both for Sellers and Buyers. Here is the statistics for Metro Detroit area in the last 7 days.

Wondering what the second half of the year holds for the housing market?
Here’s what expert forecasts say:
Home prices are expected to climb moderately.
Mortgage rates are forecast to come down slightly.
And, home sales are projected to hold steady.
If you have questions about what to expect for the rest of the year, DM me so we can have a conversation about what it means for you and your plans.

Real Estate continues to be a great long-term investment..some interesting stats.

7 Types of Tax-Deductible Home Improvements

7 Types of Tax-Deductible Home Improvements With Tax Day approaching, make sure your clients are taking all the home deductions for which they may qualify.

Did you know, home price signals for 2024 are already starting stronger than last year...

Some Highlights:
If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.
Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years.
If you're worried about falling home prices, don't be. Many experts forecast they'll keep rising for years to come. If you have questions, let’s connect.

Come see it in person!
I've scheduled an open house for Sun, Jan 14 @ 11:30 - 1:30PM. Click on the image to see all the listing details, or contact me directly if you'd like to learn more.

Home buying process can be overwhelming, NOT if you have a trusted adivsor by you side.

Stunning ranch home in Livonia with a lot of improvements and a gorgeous sun room overlooking the backyard.

🛌 3 bedrooms
🛁 2 full and 1 half bathrooms
🚗 1 car garage
📚 Livonia Schools
🤸‍♂️ Finished basement
🔨 tons of improvements

Call/text/DM if this interests you or you know someone that might be interested.

Available to rent: Lovely well-maintained condo in Ann Arbor Township with resort style amenities, pool overlooking pond w/fountains, hot tub, cabana, tennis court among beautiful lush landscaping. Ton of improvements.

🛌 3 bedrooms
🛁 3 full and 1 half bathrooms
🚗 2 car garage
📚 Ann Arbor Schools
🤸‍♂️ Finished basement
🔨 tons of improvements

Call/text/DM if this interests you or you know someone that might be interested.

Some food for thought....if you are in the housing market.

A big shout out to my clients for trusting me with their real estate needs and to the excellent team at KW Professionals led by MaryBeth. Thank you!!!

As a Realtor, I feel accomplished when my Buyer walks out with the keys of their dream home on the day of closing and this is one of those moments.
Congratulations to my client for buying the home in their desired school district. Thank you so much for the opportunity and trust in meeting your real estate needs.
I keep hearing it's a difficult market, however having a Realtor whom you can trust makes it easier.

Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.
Let’s connect so you know what’s happening with home values in our local area.



Congratulations to my client for buying the home they desired. Thank you so much for the opportunity and trust in meeting your real estate needs.

According to an annual Gallup poll, Americans have voted real estate as the best long-term investment for 11 years running. That’s because you’re not just buying a home – you’re investing in an asset that typically grows in value with time. DM me to learn more about how purchasing a home may be a good long-term move for you.



Buying a Home is a Priority for 8 in 10 Americans

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.

Most often, these reports are assuming things that aren’t realistic for the average household. For example, the methodology behind one of those reports says that renting is the smarter financial option because of the opportunity to invest money elsewhere. It assumes renters take the money they’d spend on costs tied to buying a home and put it in an investment portfolio.

But here’s the thing – most people who rent aren’t making those investments. Ken Johnson, Co-Author of the BH&J National Price-to-Rent Index, explains: “One of the difficulties with the rent and reinvest model is many people . . . simply rent and spend the difference. . . . That’s wealth destroying.”

The reason homeownership is one of the best investments you can make is the wealth it helps you build. That’s why there’s a significant difference between the net worth of the average homeowner and the average renter (see graph below):

So, before you renew your rental agreement, think about the opportunity to build wealth that homeownership provides.

Bottom Line: If you’re unsure whether to continue renting or to buy a home, let’s connect to help you make the best decision.

17 Things to Never, Ever, EVER Do to Your House

17 Things to Never, Ever, EVER Do to Your House Explore common mistakes new homeowners make, including putting the wrong food in the garbage disposal.

What You Need to Know About the Inventory of Homes Available for Sale:

If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market.

If this sounds like you, here’s one key factor that could help you with your decision: there are more homes for sale today than there were at this time last year. According to Calculated Risk, for the week ending in November 18th, there were 47.7% more homes available for sale than there were at the same time in 2021. And having more options for your home search may be exactly what you need to feel confident about making a move.

Here’s a look at where the increased housing supply is coming from so you can get a better sense of what’s happening in the market today and what it means for you.

What Caused the Growth in Housing Inventory This Year?
The increase we’ve seen in housing supply this year isn’t from the source you think it is. Rather than an influx of recent homeowners listing their houses for sale (known as new listings), the primary reason the supply has grown is because homes are staying on the market a bit longer (known as active listings).

That’s happening because higher mortgage rates and home prices have helped moderate the peak frenzy of buyer demand, which has slowed down the pace of sales. And, as the pace of sales has eased, inventory has grown as a result.

The graph uses data from realtor.com to show that it’s active listings, not new listings, that have driven the growth we’ve seen over the past few months:

And while overall inventory gains may slow down this winter due to typical housing market seasonality, you still have a chance to capitalize on the current supply.

What This Means for Your Home Search: Regardless of the source, the increase in available housing supply is good for buyers. More homes available for sale means you have more options to choose from as you search for your next home, and you may even have more time to consider them.

So, if you tried to buy a home last year and lost out in a bidding war or just couldn’t find something you liked, this may be the news you’ve been waiting for. If you start your search today, those additional options should make it less difficult to find a home you love, especially as some other buyers pause their search this holiday season.

Just remember, housing supply is still low overall, so it won’t suddenly be easy – it’ll just be less challenging than it was at this time last year. As a recent article from realtor.com says:

“Despite this improvement in the number of homes actively for sale, active listings still lag their pre-pandemic levels.”
The increase in housing supply helps put you in a great position to kick off the new year in your dream home. And who better to help you find it than a trusted, local real estate professional?

Bottom Line: If you’re ready to jump into the housing market and see what’s available in our local area, let’s connect.

Indoor Air Quality: Why It’s Important and How to Manage It

Indoor Air Quality: Why It’s Important and How to Manage It Much conversation revolves around outdoor air quality, but many factors—environmental and health-specific—bring indoor air quality to the forefront of the conversation as well. Maximize a home’s air quality with monitoring.

Just sold...what an amazing pleasure to sell this beautiful home in 3 weeks. Congratulations to my client! The seller was struggling selling his property through another realtor for over 3 months.

It's critical to have a realtor who has only your best interest in mind. Please do reach out with real estate needs....I will be on your side through the journey.

Relatively new home.....available on rent in one of the most sort after neighborhood in Canton.

5 Bedrooms
3 full baths
2 car attached garage

https://hareshtalreja.kw.com/property/LST-6990872309589786624-5

Do reach out if this interests you or you know someone that might be interested.

945 Reef Drive, Canton Twp, MI 48187 Relatively new home, open floor plan with abundant windows for fresh air & sunlight, corner lot, 5-Bedrooms, 3 Bathrooms, Guest Suite at the entry level, huge loft on the upper level for your cherished family time. Gourmet kitchen with stainless appliances, granite top, upgraded cabinets. Relax and....