$275,000 :: 19092 HAZELTON, Macomb MI, 48042

Property Photo

3 beds, 3 baths
Home size: 2,060 sq ft
Lot Size: 8,712 sq ft
Added: 09/20/18, Last Updated: 09/21/18
Property Type: Single Family
MLS Number: 31360750
Community: Macomb Twp (50008)
Tract: STRATHMORE CONDO
Status: Active

TO FOLLOW…

Listed with Re/Max Metropolitan


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!


      

$275,000 :: 19092 HAZELTON, Macomb MI, 48042

Property Photo

3 beds, 3 baths
Home size: 2,060 sq ft
Lot Size: 8,712 sq ft
Added: 09/20/18, Last Updated: 09/21/18
Property Type: Single Family
MLS Number: 31360750
Community: Macomb Twp (50008)
Tract: STRATHMORE CONDO
Status: Active

TO FOLLOW…

Listed with Re/Max Metropolitan


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!


      

$415,000 :: 16226 BISHOPSGATE DR, Macomb MI, 48044-1131

Property Photo

5 beds, 4 baths
Home size: 2,935 sq ft
Lot Size: 9,583 sq ft
Added: 09/20/18, Last Updated: 09/21/18
Property Type: Single Family
MLS Number: 21507626
Community: Macomb Twp (50008)
Tract: WESTMINISTER SUB #2
Status: Active

***OPEN HOUSE Sunday 9/23 12-2pm***Welcome to the perfect home for the growing family! Entering you?ll notice the 18 ft foyer and French doors leading to the first floor office. The two story great room is flooded with southern sun and has an upgraded stone fireplace. 9ft ceiling in the kitchen, with staggered espesso cabinetry, premium granite counters, travertine back splash, under cabinet lighting, and stainless steel appliances. Full finished basement, with 9ft ceilings, custom cabinetry, 11 ft movie screen, wood and stone accents, and additional bed/bath. Fenced back yard with aggregate two tier patio. Master bath with bumped 2 ft for openness and loaded with travertine! Huge 3 car garage! Book your showing!

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!


      

$415,000 :: 16226 BISHOPSGATE DR, Macomb MI, 48044-1131

Property Photo

5 beds, 4 baths
Home size: 2,935 sq ft
Lot Size: 9,583 sq ft
Added: 09/20/18, Last Updated: 09/21/18
Property Type: Single Family
MLS Number: 21507626
Community: Macomb Twp (50008)
Tract: WESTMINISTER SUB #2
Status: Active

***OPEN HOUSE Sunday 9/23 12-2pm***Welcome to the perfect home for the growing family! Entering you?ll notice the 18 ft foyer and French doors leading to the first floor office. The two story great room is flooded with southern sun and has an upgraded stone fireplace. 9ft ceiling in the kitchen, with staggered espesso cabinetry, premium granite counters, travertine back splash, under cabinet lighting, and stainless steel appliances. Full finished basement, with 9ft ceilings, custom cabinetry, 11 ft movie screen, wood and stone accents, and additional bed/bath. Fenced back yard with aggregate two tier patio. Master bath with bumped 2 ft for openness and loaded with travertine! Huge 3 car garage! Book your showing!

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!


      

$415,000 :: 16226 BISHOPSGATE DR, Macomb MI, 48044-1131

Property Photo

5 beds, 4 baths
Home size: 2,935 sq ft
Lot Size: 9,583 sq ft
Added: 09/20/18, Last Updated: 09/21/18
Property Type: Single Family
MLS Number: 21507626
Community: Macomb Twp (50008)
Tract: WESTMINISTER SUB #2
Status: Active

***OPEN HOUSE Sunday 9/23 12-2pm***Welcome to the perfect home for the growing family! Entering you?ll notice the 18 ft foyer and French doors leading to the first floor office. The two story great room is flooded with southern sun and has an upgraded stone fireplace. 9ft ceiling in the kitchen, with staggered espesso cabinetry, premium granite counters, travertine back splash, under cabinet lighting, and stainless steel appliances. Full finished basement, with 9ft ceilings, custom cabinetry, 11 ft movie screen, wood and stone accents, and additional bed/bath. Fenced back yard with aggregate two tier patio. Master bath with bumped 2 ft for openness and loaded with travertine! Huge 3 car garage! Book your showing!

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!


      

$365,000 :: 19867 GLIMMER DR, Macomb MI, 48042-3708

Property Photo

4 beds, 3 baths
Home size: 2,456 sq ft
Lot Size: 8,276 sq ft
Added: 07/18/18, Last Updated: 09/20/18
Property Type: Single Family
MLS Number: 21477272
Community: Macomb Twp (50008)
Tract: HARMONY ACRES SUB #2
Status: Sold

Better than new! Entertainer delight! Relax right at home on your beautiful no maintenance 1100 sf NO maintenance deck complete with built in swim spa (like the one Michael Phelps trains in) plus hot tub with finger touch cover/Cabana. No expense was spared! Partially finished basement, ready for drywall & finishes plus beautiful custom wood wall fireplace & prepped for additional bath. Enter the two story foyer and enjoy all the tasteful & Neutral appointments this home has to offer. Formal dining room with wainscoting & crown moldings.Spacious kitchen has granite counters, tile backsplash, island & pantry. Great room with wall of windows, gas fireplace, crown moldings. Master suite has huge 10 x 10 WIC, soaker tub & private shower. Must See To Appreciate! Schools of choice.

Listed with Arterra Realty Michigan 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!


      

$365,000 :: 19867 GLIMMER DR, Macomb MI, 48042-3708

Property Photo

4 beds, 3 baths
Home size: 2,456 sq ft
Lot Size: 8,276 sq ft
Added: 07/18/18, Last Updated: 09/20/18
Property Type: Single Family
MLS Number: 21477272
Community: Macomb Twp (50008)
Tract: HARMONY ACRES SUB #2
Status: Sold

Better than new! Entertainer delight! Relax right at home on your beautiful no maintenance 1100 sf NO maintenance deck complete with built in swim spa (like the one Michael Phelps trains in) plus hot tub with finger touch cover/Cabana. No expense was spared! Partially finished basement, ready for drywall & finishes plus beautiful custom wood wall fireplace & prepped for additional bath. Enter the two story foyer and enjoy all the tasteful & Neutral appointments this home has to offer. Formal dining room with wainscoting & crown moldings.Spacious kitchen has granite counters, tile backsplash, island & pantry. Great room with wall of windows, gas fireplace, crown moldings. Master suite has huge 10 x 10 WIC, soaker tub & private shower. Must See To Appreciate! Schools of choice.

Listed with Arterra Realty Michigan 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!


      

$365,000 :: 19867 GLIMMER DR, Macomb MI, 48042-3708

Property Photo

4 beds, 3 baths
Home size: 2,456 sq ft
Lot Size: 8,276 sq ft
Added: 07/18/18, Last Updated: 09/20/18
Property Type: Single Family
MLS Number: 21477272
Community: Macomb Twp (50008)
Tract: HARMONY ACRES SUB #2
Status: Sold

Better than new! Entertainer delight! Relax right at home on your beautiful no maintenance 1100 sf NO maintenance deck complete with built in swim spa (like the one Michael Phelps trains in) plus hot tub with finger touch cover/Cabana. No expense was spared! Partially finished basement, ready for drywall & finishes plus beautiful custom wood wall fireplace & prepped for additional bath. Enter the two story foyer and enjoy all the tasteful & Neutral appointments this home has to offer. Formal dining room with wainscoting & crown moldings.Spacious kitchen has granite counters, tile backsplash, island & pantry. Great room with wall of windows, gas fireplace, crown moldings. Master suite has huge 10 x 10 WIC, soaker tub & private shower. Must See To Appreciate! Schools of choice.

Listed with Arterra Realty Michigan 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!


      

$172,000 :: 46293 FOXRUN, Update MI, 48044

3 beds, 2 baths
Home size: 1,657 sq ft
Lot Size: 0 sq ft
Added: 09/20/18, Last Updated: 09/20/18
Property Type: Single Family
MLS Number: 615807
Community: Macomb Twp (50008)
Tract: FOX RUN
Status: Sold

Absolutely gorgeous 3 bd.,2 bath 1989 built brkranch!! 1657 Sq.ft. w/ oak cabs thruout, greatroom w/fireplace, ceramic baths,cathedralceilings everywhere(except 1 bd), huge kitchenand a fantastic floor plan! Must see!

Listed with Century 21 AAA North-Sterling


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!


      

$172,000 :: 46293 FOXRUN, Update MI, 48044

3 beds, 2 baths
Home size: 1,657 sq ft
Lot Size: 0 sq ft
Added: 09/20/18, Last Updated: 09/20/18
Property Type: Single Family
MLS Number: 615807
Community: Macomb Twp (50008)
Tract: FOX RUN
Status: Sold

Absolutely gorgeous 3 bd.,2 bath 1989 built brkranch!! 1657 Sq.ft. w/ oak cabs thruout, greatroom w/fireplace, ceramic baths,cathedralceilings everywhere(except 1 bd), huge kitchenand a fantastic floor plan! Must see!

Listed with Century 21 AAA North-Sterling


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!


      

$172,000 :: 46293 FOXRUN, Update MI, 48044

3 beds, 2 baths
Home size: 1,657 sq ft
Lot Size: 0 sq ft
Added: 09/20/18, Last Updated: 09/20/18
Property Type: Single Family
MLS Number: 615807
Community: Macomb Twp (50008)
Tract: FOX RUN
Status: Sold

Absolutely gorgeous 3 bd.,2 bath 1989 built brkranch!! 1657 Sq.ft. w/ oak cabs thruout, greatroom w/fireplace, ceramic baths,cathedralceilings everywhere(except 1 bd), huge kitchenand a fantastic floor plan! Must see!

Listed with Century 21 AAA North-Sterling


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!


      

$199,900 :: 16395 Sudbury, Macomb MI, 48044

Property Photo

3 beds, 2 baths
Home size: 1,164 sq ft
Lot Size: 10,890 sq ft
Added: 09/19/18, Last Updated: 09/19/18
Property Type: Single Family
MLS Number: 31360456
Community: Macomb Twp (50008)
Tract: Lakeside Meadows Sub
Status: Active

Move in ready updated ranch conveniently located in the Utica School District. Interior updates include: Refinished H.W floors, Freshly Painted, Updated kitchen w/ pantry, newer furnace & Wallside windows. Basement partially finished with 1/2 bath. Appliances included: Refrigerator, Dishwasher, Stove, Disposal, washer, dryer & nest thermostat. Exterior features: 2 1/2 car garage, brick paver patio, fenced in yard & shed perfect for storage.

Listed with Century 21 AAA North Rochester Hills


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!


      

$199,900 :: 16395 Sudbury, Macomb MI, 48044

Property Photo

3 beds, 2 baths
Home size: 1,164 sq ft
Lot Size: 10,890 sq ft
Added: 09/19/18, Last Updated: 09/19/18
Property Type: Single Family
MLS Number: 31360456
Community: Macomb Twp (50008)
Tract: Lakeside Meadows Sub
Status: Active

Move in ready updated ranch conveniently located in the Utica School District. Interior updates include: Refinished H.W floors, Freshly Painted, Updated kitchen w/ pantry, newer furnace & Wallside windows. Basement partially finished with 1/2 bath. Appliances included: Refrigerator, Dishwasher, Stove, Disposal, washer, dryer & nest thermostat. Exterior features: 2 1/2 car garage, brick paver patio, fenced in yard & shed perfect for storage.

Listed with Century 21 AAA North Rochester Hills


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!


      

$199,900 :: 16395 Sudbury, Macomb MI, 48044

Property Photo

3 beds, 2 baths
Home size: 1,164 sq ft
Lot Size: 10,890 sq ft
Added: 09/19/18, Last Updated: 09/19/18
Property Type: Single Family
MLS Number: 31360456
Community: Macomb Twp (50008)
Tract: Lakeside Meadows Sub
Status: Active

Move in ready updated ranch conveniently located in the Utica School District. Interior updates include: Refinished H.W floors, Freshly Painted, Updated kitchen w/ pantry, newer furnace & Wallside windows. Basement partially finished with 1/2 bath. Appliances included: Refrigerator, Dishwasher, Stove, Disposal, washer, dryer & nest thermostat. Exterior features: 2 1/2 car garage, brick paver patio, fenced in yard & shed perfect for storage.

Listed with Century 21 AAA North Rochester Hills


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!


      

$134,500 :: 45611 SPAGNUOLO, Update MI, 48044

3 beds, 2 baths
Home size: 1,100 sq ft
Lot Size: 0 sq ft
Added: 09/19/18, Last Updated: 09/19/18
Property Type: Single Family
MLS Number: 487536
Community: Macomb Twp (50008)
Status: Sold

Sharp great room ranch – Maintenance free -finished basement with large cedar closet andbedroom.

Listed with Century 21 Town & Country-Shelby


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!


      

$134,500 :: 45611 SPAGNUOLO, Update MI, 48044

3 beds, 2 baths
Home size: 1,100 sq ft
Lot Size: 0 sq ft
Added: 09/19/18, Last Updated: 09/19/18
Property Type: Single Family
MLS Number: 487536
Community: Macomb Twp (50008)
Status: Sold

Sharp great room ranch – Maintenance free -finished basement with large cedar closet andbedroom.

Listed with Century 21 Town & Country-Shelby


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!


      

$134,500 :: 45611 SPAGNUOLO, Update MI, 48044

3 beds, 2 baths
Home size: 1,100 sq ft
Lot Size: 0 sq ft
Added: 09/19/18, Last Updated: 09/19/18
Property Type: Single Family
MLS Number: 487536
Community: Macomb Twp (50008)
Status: Sold

Sharp great room ranch – Maintenance free -finished basement with large cedar closet andbedroom.

Listed with Century 21 Town & Country-Shelby


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!


      

7 Benefits of a Federal Reserve Interest Rate Hike

(TNS)—Interest rates are going up. The Federal Reserve in June hiked rates for the second time in 2018, and there could be two more rate hikes before the end of the year, including one at this month’s Fed meeting.

Sure, the increases mean it will cost more to borrow—but you’ll benefit from getting better rates on high-yield certificates of deposit.

Healthier returns on CDs are only one gain from the Fed’s rate-raising campaign. Here’s how you can take advantage of other positive outcomes from Fed rate increases.

  1. Higher Returns for Savers
    If you’re a saver, low interest rates have brought about the financial equivalent of a long drought. Any improvement, even modest, is welcome and overdue.

“Interest rates have been so low for so long that many people have fallen out of the habit of rate shopping,” says Robert Frick, corporate economist for Navy Federal Credit Union. “But now that rates are rising, they should get back into the habit and will be seeing bigger payouts from their accounts, especially certificates of deposit. This is especially important for people on fixed incomes.”

  1. Tamed Inflation
    Most broad-based measures of prices indicate inflation has continued to remain under control in the U.S. in recent years. The central bank’s target for inflation is 2 percent, but inflation has yet to hit the bull’s eye on a sustained basis, as measured by personal consumption expenditures, or PCE.

If the Fed achieves its objectives in steering the economy, inflation should remain under control.

A positive inflation scenario after a rate increase might include “lower prices of imported consumer goods, due to a likely higher exchange value of the dollar if our domestic rate increases are not matched by policy tightening in other major economies,” says Daniil Manaenkov, U.S. forecasting specialist at the Research Seminar in Quantitative Economics at the University of Michigan.

  1. More Lending
    A credit bubble rightfully received some of the blame for the financial crisis in 2007. In the aftermath, lending came to a complete stop.

Lending has resumed. “Banks may have a greater incentive to loan out reserves at higher interest rates, and thI increased flow of additional credit would boost economic growth,” says Sean Snaith, director of the Institute for Economic Competitiveness at the University of Central Florida.

  1. More Interest Income for Retirees
    As a rate boost brings better returns to savings vehicles, senior citizens should enjoy better paydays by putting their money in CDs and savings accounts. “Higher interest rates on CDs and other financial instruments will particularly help older Americans trying to live on their retirement savings,” says Lynn Reaser, chief economist at Point Loma Nazarene University in San Diego.

As the population ages in coming years, many more Americans will come to appreciate even modest increases in interest income during retirement when they buy certificates of deposit.

  1. Stronger Dollar to Boost Purchasing Power
    As the Fed continues to boost rates (and with the outlook for more rate hikes to come), the U.S. dollar gets more support. Ultimately, that means more purchasing power with the greenback compared with other currencies.

Predicting moves in the foreign exchange market is difficult, but Snaith and other economists say the dollar could strengthen further as the Fed boosts rates.

Fed tightening “is likely to mean a somewhat higher dollar, so people traveling to Europe will do well,” says Dean Baker, co-director of the Center for Economic and Policy Research in Washington.

  1. Stocks Will Trade on Fundamentals
    As the Federal Reserve embarks on what officials have called “normalization” (that is, a backing away from record-low rates), stock prices may start to make more sense and not reflect the central bank’s easy monetary policy quite so much.

“A normalization of rates would return the focus to market fundamentals and off of focusing on the nuances of each Fed statement,” says David Nice, former senior economist at DS Economics in Chicago.

  1. Would-Be Homebuyers May Get off the Fence
    As the Fed continues to raise rates, higher mortgage rates likely will follow. If the prospect of higher mortgage rates compels you to a home sooner than later, you won’t be alone.

“Higher mortgage rates could push buyers off the fence—increasing demand, increasing prices and increasing home equity so that more people can sell their homes,” says Joel Naroff, president of Naroff Economic Advisors in Holland, Pa.

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

For the latest real estate news and trends, bookmark RISMedia.com.

The post 7 Benefits of a Federal Reserve Interest Rate Hike appeared first on RISMedia.

      

7 Benefits of a Federal Reserve Interest Rate Hike

(TNS)—Interest rates are going up. The Federal Reserve in June hiked rates for the second time in 2018, and there could be two more rate hikes before the end of the year, including one at this month’s Fed meeting.

Sure, the increases mean it will cost more to borrow—but you’ll benefit from getting better rates on high-yield certificates of deposit.

Healthier returns on CDs are only one gain from the Fed’s rate-raising campaign. Here’s how you can take advantage of other positive outcomes from Fed rate increases.

  1. Higher Returns for Savers
    If you’re a saver, low interest rates have brought about the financial equivalent of a long drought. Any improvement, even modest, is welcome and overdue.

“Interest rates have been so low for so long that many people have fallen out of the habit of rate shopping,” says Robert Frick, corporate economist for Navy Federal Credit Union. “But now that rates are rising, they should get back into the habit and will be seeing bigger payouts from their accounts, especially certificates of deposit. This is especially important for people on fixed incomes.”

  1. Tamed Inflation
    Most broad-based measures of prices indicate inflation has continued to remain under control in the U.S. in recent years. The central bank’s target for inflation is 2 percent, but inflation has yet to hit the bull’s eye on a sustained basis, as measured by personal consumption expenditures, or PCE.

If the Fed achieves its objectives in steering the economy, inflation should remain under control.

A positive inflation scenario after a rate increase might include “lower prices of imported consumer goods, due to a likely higher exchange value of the dollar if our domestic rate increases are not matched by policy tightening in other major economies,” says Daniil Manaenkov, U.S. forecasting specialist at the Research Seminar in Quantitative Economics at the University of Michigan.

  1. More Lending
    A credit bubble rightfully received some of the blame for the financial crisis in 2007. In the aftermath, lending came to a complete stop.

Lending has resumed. “Banks may have a greater incentive to loan out reserves at higher interest rates, and thI increased flow of additional credit would boost economic growth,” says Sean Snaith, director of the Institute for Economic Competitiveness at the University of Central Florida.

  1. More Interest Income for Retirees
    As a rate boost brings better returns to savings vehicles, senior citizens should enjoy better paydays by putting their money in CDs and savings accounts. “Higher interest rates on CDs and other financial instruments will particularly help older Americans trying to live on their retirement savings,” says Lynn Reaser, chief economist at Point Loma Nazarene University in San Diego.

As the population ages in coming years, many more Americans will come to appreciate even modest increases in interest income during retirement when they buy certificates of deposit.

  1. Stronger Dollar to Boost Purchasing Power
    As the Fed continues to boost rates (and with the outlook for more rate hikes to come), the U.S. dollar gets more support. Ultimately, that means more purchasing power with the greenback compared with other currencies.

Predicting moves in the foreign exchange market is difficult, but Snaith and other economists say the dollar could strengthen further as the Fed boosts rates.

Fed tightening “is likely to mean a somewhat higher dollar, so people traveling to Europe will do well,” says Dean Baker, co-director of the Center for Economic and Policy Research in Washington.

  1. Stocks Will Trade on Fundamentals
    As the Federal Reserve embarks on what officials have called “normalization” (that is, a backing away from record-low rates), stock prices may start to make more sense and not reflect the central bank’s easy monetary policy quite so much.

“A normalization of rates would return the focus to market fundamentals and off of focusing on the nuances of each Fed statement,” says David Nice, former senior economist at DS Economics in Chicago.

  1. Would-Be Homebuyers May Get off the Fence
    As the Fed continues to raise rates, higher mortgage rates likely will follow. If the prospect of higher mortgage rates compels you to a home sooner than later, you won’t be alone.

“Higher mortgage rates could push buyers off the fence—increasing demand, increasing prices and increasing home equity so that more people can sell their homes,” says Joel Naroff, president of Naroff Economic Advisors in Holland, Pa.

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

For the latest real estate news and trends, bookmark RISMedia.com.

The post 7 Benefits of a Federal Reserve Interest Rate Hike appeared first on RISMedia.

      

7 Benefits of a Federal Reserve Interest Rate Hike

(TNS)—Interest rates are going up. The Federal Reserve in June hiked rates for the second time in 2018, and there could be two more rate hikes before the end of the year, including one at this month’s Fed meeting.

Sure, the increases mean it will cost more to borrow—but you’ll benefit from getting better rates on high-yield certificates of deposit.

Healthier returns on CDs are only one gain from the Fed’s rate-raising campaign. Here’s how you can take advantage of other positive outcomes from Fed rate increases.

  1. Higher Returns for Savers
    If you’re a saver, low interest rates have brought about the financial equivalent of a long drought. Any improvement, even modest, is welcome and overdue.

“Interest rates have been so low for so long that many people have fallen out of the habit of rate shopping,” says Robert Frick, corporate economist for Navy Federal Credit Union. “But now that rates are rising, they should get back into the habit and will be seeing bigger payouts from their accounts, especially certificates of deposit. This is especially important for people on fixed incomes.”

  1. Tamed Inflation
    Most broad-based measures of prices indicate inflation has continued to remain under control in the U.S. in recent years. The central bank’s target for inflation is 2 percent, but inflation has yet to hit the bull’s eye on a sustained basis, as measured by personal consumption expenditures, or PCE.

If the Fed achieves its objectives in steering the economy, inflation should remain under control.

A positive inflation scenario after a rate increase might include “lower prices of imported consumer goods, due to a likely higher exchange value of the dollar if our domestic rate increases are not matched by policy tightening in other major economies,” says Daniil Manaenkov, U.S. forecasting specialist at the Research Seminar in Quantitative Economics at the University of Michigan.

  1. More Lending
    A credit bubble rightfully received some of the blame for the financial crisis in 2007. In the aftermath, lending came to a complete stop.

Lending has resumed. “Banks may have a greater incentive to loan out reserves at higher interest rates, and thI increased flow of additional credit would boost economic growth,” says Sean Snaith, director of the Institute for Economic Competitiveness at the University of Central Florida.

  1. More Interest Income for Retirees
    As a rate boost brings better returns to savings vehicles, senior citizens should enjoy better paydays by putting their money in CDs and savings accounts. “Higher interest rates on CDs and other financial instruments will particularly help older Americans trying to live on their retirement savings,” says Lynn Reaser, chief economist at Point Loma Nazarene University in San Diego.

As the population ages in coming years, many more Americans will come to appreciate even modest increases in interest income during retirement when they buy certificates of deposit.

  1. Stronger Dollar to Boost Purchasing Power
    As the Fed continues to boost rates (and with the outlook for more rate hikes to come), the U.S. dollar gets more support. Ultimately, that means more purchasing power with the greenback compared with other currencies.

Predicting moves in the foreign exchange market is difficult, but Snaith and other economists say the dollar could strengthen further as the Fed boosts rates.

Fed tightening “is likely to mean a somewhat higher dollar, so people traveling to Europe will do well,” says Dean Baker, co-director of the Center for Economic and Policy Research in Washington.

  1. Stocks Will Trade on Fundamentals
    As the Federal Reserve embarks on what officials have called “normalization” (that is, a backing away from record-low rates), stock prices may start to make more sense and not reflect the central bank’s easy monetary policy quite so much.

“A normalization of rates would return the focus to market fundamentals and off of focusing on the nuances of each Fed statement,” says David Nice, former senior economist at DS Economics in Chicago.

  1. Would-Be Homebuyers May Get off the Fence
    As the Fed continues to raise rates, higher mortgage rates likely will follow. If the prospect of higher mortgage rates compels you to a home sooner than later, you won’t be alone.

“Higher mortgage rates could push buyers off the fence—increasing demand, increasing prices and increasing home equity so that more people can sell their homes,” says Joel Naroff, president of Naroff Economic Advisors in Holland, Pa.

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

For the latest real estate news and trends, bookmark RISMedia.com.

The post 7 Benefits of a Federal Reserve Interest Rate Hike appeared first on RISMedia.

      

$161,000 :: 16237 HAVERHILL, Update MI, 48044

3 beds, 2 baths
Home size: 1,732 sq ft
Lot Size: 0 sq ft
Added: 09/18/18, Last Updated: 09/18/18
Property Type: Single Family
MLS Number: 601478
Community: Macomb Twp (50008)
Status: Sold

GREAT LOCATION!!! AGENT PAGER (810) 830-9099ROLL UP GARAGE DOOR W/ELECTRIC OPENER, SIDESERVICE DOOR. …….NORTH/SOUTH EXPOSURE!!!!

Listed with Century 21 Town & Country-Shelby


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!


      

$161,000 :: 16237 HAVERHILL, Update MI, 48044

3 beds, 2 baths
Home size: 1,732 sq ft
Lot Size: 0 sq ft
Added: 09/18/18, Last Updated: 09/18/18
Property Type: Single Family
MLS Number: 601478
Community: Macomb Twp (50008)
Status: Sold

GREAT LOCATION!!! AGENT PAGER (810) 830-9099ROLL UP GARAGE DOOR W/ELECTRIC OPENER, SIDESERVICE DOOR. …….NORTH/SOUTH EXPOSURE!!!!

Listed with Century 21 Town & Country-Shelby


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!


      

$161,000 :: 16237 HAVERHILL, Update MI, 48044

3 beds, 2 baths
Home size: 1,732 sq ft
Lot Size: 0 sq ft
Added: 09/18/18, Last Updated: 09/18/18
Property Type: Single Family
MLS Number: 601478
Community: Macomb Twp (50008)
Status: Sold

GREAT LOCATION!!! AGENT PAGER (810) 830-9099ROLL UP GARAGE DOOR W/ELECTRIC OPENER, SIDESERVICE DOOR. …….NORTH/SOUTH EXPOSURE!!!!

Listed with Century 21 Town & Country-Shelby


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!


      

$214,900 :: 17703 PLEASANT VALLEY DR, Macomb MI, 48044-6118

Property Photo

2 beds, 2 baths
Home size: 1,416 sq ft
Lot Size: 0 sq ft
Added: 09/17/18, Last Updated: 09/17/18
Property Type: Condo/Townhouse/Co-Op
MLS Number: 21505946
Community: Macomb Twp (50008)
Tract: HIGHLAND HILLS II #663
Status: Active

Outstanding 2 bedroom 2 full bath ranch condo in much sought after Highland Hills complex. Features include master suite with double closets and private bath. Refinished hardwood floors in kitchen, great room and hall 2018. New bedroom carpet 2015. Kitchen with newer appliances and skylight. Beautiful cathedral ceiling great room with stone wall natural fireplace and ample surrounding windows providing an abundance of natural lighting. Finished basement with roughed-in plumbing for additional bath. Newer re-shingled dimensional roof 2015. First floor laundry. Cozy front access courtyard patio and very private back yard make this a must see. All appliances are included. Keys at closing.

Listed with RE/MAX Suburban, Inc


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!


      

$214,900 :: 17703 PLEASANT VALLEY DR, Macomb MI, 48044-6118

Property Photo

2 beds, 2 baths
Home size: 1,416 sq ft
Lot Size: 0 sq ft
Added: 09/17/18, Last Updated: 09/17/18
Property Type: Condo/Townhouse/Co-Op
MLS Number: 21505946
Community: Macomb Twp (50008)
Tract: HIGHLAND HILLS II #663
Status: Active

Outstanding 2 bedroom 2 full bath ranch condo in much sought after Highland Hills complex. Features include master suite with double closets and private bath. Refinished hardwood floors in kitchen, great room and hall 2018. New bedroom carpet 2015. Kitchen with newer appliances and skylight. Beautiful cathedral ceiling great room with stone wall natural fireplace and ample surrounding windows providing an abundance of natural lighting. Finished basement with roughed-in plumbing for additional bath. Newer re-shingled dimensional roof 2015. First floor laundry. Cozy front access courtyard patio and very private back yard make this a must see. All appliances are included. Keys at closing.

Listed with RE/MAX Suburban, Inc


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!


      

$214,900 :: 17703 PLEASANT VALLEY DR, Macomb MI, 48044-6118

Property Photo

2 beds, 2 baths
Home size: 1,416 sq ft
Lot Size: 0 sq ft
Added: 09/17/18, Last Updated: 09/17/18
Property Type: Condo/Townhouse/Co-Op
MLS Number: 21505946
Community: Macomb Twp (50008)
Tract: HIGHLAND HILLS II #663
Status: Active

Outstanding 2 bedroom 2 full bath ranch condo in much sought after Highland Hills complex. Features include master suite with double closets and private bath. Refinished hardwood floors in kitchen, great room and hall 2018. New bedroom carpet 2015. Kitchen with newer appliances and skylight. Beautiful cathedral ceiling great room with stone wall natural fireplace and ample surrounding windows providing an abundance of natural lighting. Finished basement with roughed-in plumbing for additional bath. Newer re-shingled dimensional roof 2015. First floor laundry. Cozy front access courtyard patio and very private back yard make this a must see. All appliances are included. Keys at closing.

Listed with RE/MAX Suburban, Inc


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!


      

Find Out the New, Hot Home Color for 2019

By Melissa Dittmann Tracey, REALTOR(R) Magazine

Photo credit: Behr

The paint company Behr has named a rich, bluish hue its 2019 Color of the Year. Blueprint is a mid-tone blue that is described as warmer than denim but softer than navy.

Behr is predicting that embracing a full range of blue, teal,and gray will be a key style for home design in 2019. “Layer light and dark blues on walls, cabinets, furniture, and decor for impactful results,” Behr says.

The color matches with the jewel tone trend that has been taking off in 2018, which also has seen the popularity of dark greens and purples in decor.

Blueprint is a dark color but can also be a classic that can be mixed with many color combos and in different home styles too, the company notes. The color can work as an accent wall color, on kitchen cabinets, in home accessories, bedding or blankets, or furnishings.

Gray will remain a hot neutral in 2019, but color forecasters believe that as warmer tones in taupe and terra-cotta rise in popularity, earthy blues and brown combinations will grow too.

Also, Behr predicts that powder blue, blush peach, and tinted lilac will emerge as new neutrals in the new year as well. These colors create “relaxed and expansive spaces,” the company says. “Matte finishes emphasize softness, while metal accents add glamour.”

Photo credit: Behr

Photo credit: Behr

      

Find Out the New, Hot Home Color for 2019

By Melissa Dittmann Tracey, REALTOR(R) Magazine

Photo credit: Behr

The paint company Behr has named a rich, bluish hue its 2019 Color of the Year. Blueprint is a mid-tone blue that is described as warmer than denim but softer than navy.

Behr is predicting that embracing a full range of blue, teal,and gray will be a key style for home design in 2019. “Layer light and dark blues on walls, cabinets, furniture, and decor for impactful results,” Behr says.

The color matches with the jewel tone trend that has been taking off in 2018, which also has seen the popularity of dark greens and purples in decor.

Blueprint is a dark color but can also be a classic that can be mixed with many color combos and in different home styles too, the company notes. The color can work as an accent wall color, on kitchen cabinets, in home accessories, bedding or blankets, or furnishings.

Gray will remain a hot neutral in 2019, but color forecasters believe that as warmer tones in taupe and terra-cotta rise in popularity, earthy blues and brown combinations will grow too.

Also, Behr predicts that powder blue, blush peach, and tinted lilac will emerge as new neutrals in the new year as well. These colors create “relaxed and expansive spaces,” the company says. “Matte finishes emphasize softness, while metal accents add glamour.”

Photo credit: Behr

Photo credit: Behr

      

Find Out the New, Hot Home Color for 2019

By Melissa Dittmann Tracey, REALTOR(R) Magazine

Photo credit: Behr

The paint company Behr has named a rich, bluish hue its 2019 Color of the Year. Blueprint is a mid-tone blue that is described as warmer than denim but softer than navy.

Behr is predicting that embracing a full range of blue, teal,and gray will be a key style for home design in 2019. “Layer light and dark blues on walls, cabinets, furniture, and decor for impactful results,” Behr says.

The color matches with the jewel tone trend that has been taking off in 2018, which also has seen the popularity of dark greens and purples in decor.

Blueprint is a dark color but can also be a classic that can be mixed with many color combos and in different home styles too, the company notes. The color can work as an accent wall color, on kitchen cabinets, in home accessories, bedding or blankets, or furnishings.

Gray will remain a hot neutral in 2019, but color forecasters believe that as warmer tones in taupe and terra-cotta rise in popularity, earthy blues and brown combinations will grow too.

Also, Behr predicts that powder blue, blush peach, and tinted lilac will emerge as new neutrals in the new year as well. These colors create “relaxed and expansive spaces,” the company says. “Matte finishes emphasize softness, while metal accents add glamour.”

Photo credit: Behr

Photo credit: Behr

      

$295,000 :: 50371 Riverside Dr., Macomb MI, 48044

Property Photo

3 beds, 2 baths
Home size: 1,952 sq ft
Lot Size: 12,196 sq ft
Added: 07/10/18, Last Updated: 09/16/18
Property Type: Single Family
MLS Number: 31353161
Community: Macomb Twp (50008)
Tract: Middle River Estates
The price of this listing was last reduced on 8/5/2018 by 3%
Status: Sold

Enjoy this wonderful 3 bedroom ranch on a rare premium lot that backs up to your own nature center that will never be built on. This open concept home has it all with an additional bedroom and full bath in newly finished basement.With most of the big ticket items already done including new furnace, A/C (2014), sump pump, roof (2011), newer windows, and appliances all you have to do is sit back, relax and enjoy the view and the pool.

Listed with Pilot Property Group Inc


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!