The Real Estate Peacock - Metro Detroit Edition

Leslie E. Martin

Welcome to The Real Estate Peacock - Metro Detroit Edition! Powered by Leslie Martin, this podcast covers the most searched real estate topics in the metro Detroit area and surrounding communities. Whether you're buying, selling, or investing, you'll get expert advice, market insights, and practical tips to navigate the local real estate landscape. Tune in for the latest trends, answers to your questions, and all the info you need to succeed in the southeast Michigan real estate market! #MetroDetroitRealEstate #RealEstateTips #HomeBuying #HomeSelling #SoutheastMichiganRealEstate

  1. 44m ago

    Is Buying a Home Right Now a Mistake? What Owners Say

    On the fence about buying? Get my free Home Buyer’s Guide: https://leslieemartin.com/download-the-home-buyers-guide/Groceries cost more, rates aren’t where you’d like them, and the economy feels shaky. Taking on a mortgage right now can feel like a big leap. So is buying a home right now a mistake? Here’s what people who already took the leap say.In this video, I share what a recent NerdWallet survey found, what the FHFA and Bankrate numbers show about home prices and equity over the past five years, and why a home is a long-term play. I also cover when buying is not the right move and what to do if you’re worried about prices dipping after you buy.What you’ll learn:How many recent buyers say they’re glad they bought, and how many regret itHow much homeowners have gained in wealth over the past five yearsHow home prices have moved since 1991Why the numbers and your monthly payment should drive the decisionHow equity can help fund your next move0:00 Is buying a home right now a mistake?0:15 What recent buyers say0:33 Why a home is a long-term play0:56 How equity builds1:04 Home prices since 19911:15 When buying isn’t right for you1:32 What if prices dip after you buy?1:46 Don’t let uncertainty hide the upsideWondering whether it makes sense for you? Let’s sit down and look at your numbers together: https://leslieemartin.com/contactLeslie E. Martin | Realtor®Phone: (734) 846-8358Email: leslie@leslieemartin.comWebsite: https://leslieemartin.com/Instagram: https://www.instagram.com/leslieemartindtwFacebook: https://www.facebook.com/LeslieEMartinRealtor#HomeBuying #HousingMarket #MetroDetroitRealEstate

  2. Oct 28

    Does the Fed Set Your Mortgage Rate? Myth vs Reality

    Planning your move at today’s rates? Get my free Home Buyer’s Guide and Home Seller’s Guide:Buyer’s Guide: https://leslieemartin.com/download-the-home-buyers-guide/Seller’s Guide: https://leslieemartin.com/download-the-home-sellers-guide/You’ve probably seen the headlines: the Fed is raising rates again. So does the Fed control your mortgage rate? Not exactly, and the difference matters.In this video, I separate the myth from the reality. The Fed influences mortgage rates, but the 10-year Treasury yield, inflation, job growth, and the overall economy all play a part too. I also cover what the latest inflation numbers mean and what buyers and sellers can do right now instead of waiting.What you’ll learn:Why mortgage rates tend to follow the 10-year Treasury yieldHow oil prices and inflation fears are pushing ratesWhat the August inflation reading and core PCE mean for youWhat buyers should do now: get pre-approved and lock your rate once you’re under contractWhat sellers should do now: price for today’s buyers and consider a rate buydown0:00 The headlines: is the Fed raising rates again?0:11 The myth vs. the reality0:20 What really moves mortgage rates0:38 Oil prices and inflation worries0:55 What to expect from the Fed through 20261:19 What buyers should do now1:30 What sellers should do nowWant to plan what works at today’s rates? Reach out and let’s map it out: https://leslieemartin.com/contactLeslie E. Martin | Realtor®Phone: (734) 846-8358Email: leslie@leslieemartin.comWebsite: https://leslieemartin.com/Instagram: https://www.instagram.com/leslieemartindtwFacebook: https://www.facebook.com/LeslieEMartinRealtor#MortgageRates #FederalReserve #MetroDetroitRealEstate

  3. Oct 21

    Why Are There Suddenly More Homes for Sale?

    Buying or selling? Get my free Home Buyer’s Guide and Home Seller’s Guide:Buyer’s Guide: https://leslieemartin.com/download-the-home-buyers-guide/Seller’s Guide: https://leslieemartin.com/download-the-home-sellers-guide/Seeing more for sale signs lately? You’re not imagining it, but the reason might surprise you.Mortgage rates are back above 7%, and that is changing how fast homes sell. In this video, I break down why inventory is growing even though we’re not seeing a flood of new listings, and what the days-on-market numbers really say.What you’ll learn:Why unsold homes are stacking up next to new listingsHow inventory changed this year compared to last yearHow long the typical home is taking to sell, according to Realtor.comHow buyers can use extra leverage on price, repairs, closing costs, and rate buydownsHow sellers can stand out with pricing, first impressions, and strategy0:00 More for sale signs, but why?0:15 The twist: homes are staying on the market longer0:26 What the inventory data shows0:38 Days on market: 61 days vs. 41 days0:52 What it means for buyers1:13 What it means for sellers1:36 How long are homes taking to sell near you?Want to know how long homes are taking to sell in your neighborhood? Reach out and let’s talk: https://leslieemartin.com/contact/Leslie E. Martin | Realtor®Phone: (734) 846-8358Email: leslie@leslieemartin.comWebsite: https://leslieemartin.com/Instagram: https://www.instagram.com/leslieemartindtwFacebook: https://www.facebook.com/LeslieEMartinRealtor#HousingMarket #HomesForSale #MetroDetroitRealEstate

  4. Sep 23

    The Two-Track Housing Market: What You Need to Know

    Wondering what your home is actually worth in this market? Get your free home value report here: https://www.leslieemartin.com/metro-detroit-home-worth/Understanding the current housing market depends entirely on your price point. Here is what the data says about home sales.Recent data indicates that the broader housing market is experiencing a split in activity. While we often look at the industry as a whole, current real estate trends show that performance varies significantly depending on the price range of the property.According to the National Association of Realtors, homes priced under $250,000 are seeing a decrease in sales volume. Conversely, properties above $750,000 have experienced double-digit growth. This shift in market sentiment is important to understand when evaluating home prices in your specific area.Subscribe for weekly real estate updates, and comment below if you have questions about how these trends affect your local area.Ask ten people how the housing market is doing and you'll get ten different answers. They're all sort of right, because the market is not one market right now. It's running on two separate tracks, and which track your home is on comes down to price point, condition, and location.In this episode I break down the national split between entry level and higher priced homes, then bring it home to Metro Detroit with the August numbers: 4,282 sales, a median sales price of $337,500, and a county by county look at where prices actually moved. I cover what the move up seller should expect, what the entry level seller needs to get right, why days on market crept up to 25 days, and why this fall is the last real window of motivated buyers before things slow for year end.If you're thinking about selling, pricing and presentation are doing more work this year than they did last year. Knowing your track up front is what makes the difference between a smooth sale and a listing that sits.Thinking about listing soon? My free Home Seller's Guide walks you through the whole process: https://www.leslieemartin.com/download-the-home-sellers-guide/Buying instead? Start here: https://www.leslieemartin.com/download-the-home-buyers-guide/I'm Leslie E. Martin, a Realtor serving Gibraltar, Trenton, Woodhaven, Grosse Ile, Flat Rock, Rockwood, and the surrounding Metro Detroit communities.Let's talk about your move:Website: https://www.leslieemartin.com/Email: leslie@leslieemartin.comPhone: (734) 846-8358 Metro Detroit housing market | home prices Wayne County | selling a home in Metro Detroit | two speed market | median home price Michigan | 2026 market update#MetroDetroitRealEstate #MichiganHousingMarket #LeslieEMartin

  5. Sep 16

    What you should know about the real estate touring agreement

    There's a change in real estate that affects every home buyer right now, and if you don't know about it before you start touring homes, it could cost you the chance to work with the right agent.In this episode I'm breaking down two things. First, what actually changed in how buyers work with agents starting August 17, 2024. Second, exactly how I handle it with my own clients here in Metro Detroit so the process stays simple and stress free.In this episode you'll learn:- What the 2024 buyer agreement change actually means for you- A surprising stat about how most buyers choose their agent (and why it matters)- What a free touring agreement is and how it works- What a Buyer Discovery Call is and when it happens- How to use this new requirement to your advantage, no matter who you hireReady to start touring homes? Fill out the form on my website to get started with a free, no cost, no obligation touring agreement.Want a head start on the whole process? Grab my free Home Buyer's Guide and checklist at https://www.leslieemartin.com/download-the-home-buyers-guide/Have questions? Email me at leslie@leslieemartin.com or find me on Instagram @LeslieEMartinDTWI'm Leslie Martin, and I look forward to helping you make your next move.Chapters:0:00 The Change Every Buyer Needs to Know0:26 What Actually Changed (August 17, 2024)1:00 Pro Tip: Use This to Your Advantage1:13 The Surprising 80% Stat1:38 Meet Leslie Martin2:01 How I Handle This With My Clients2:08 Why I Believe I Have to Earn Your Business2:26 The Free Touring Agreement Explained2:57 The Buyer Discovery Call3:19 My Honest Advice to Every Buyer3:38 Get Started With a Free Touring Agreement3:51 Free Home Buyer's Guide & Contact Info#MetroDetroitRealtor #HomeBuyingTips #RealEstateAgent #FirstTimeHomeBuyer #MichiganRealEstate

  6. Aug 5

    Here's What You Actually Keep When You Sell

    Ever wonder what you actually keep after selling your home? In this video, I walk through everything that comes off your sale price before that check is ever cut, including commission, your mortgage payoff, Michigan closing costs, and negotiated repairs, then show you what one seller actually walked away with on a real sale.Get your own numbers with my free Seller Net Calculator: https://www.leslieemartin.com/seller-net-calculator/Free Seller's Guide: https://www.leslieemartin.com/download-the-home-sellers-guide/Are you looking for a dedicated real estate agent to guide your next property move? Meet Leslie E. Martin, an award-winning local expert.I'm Leslie E. Martin, a recognized professional known for my commitment to clients in the metro Detroit area. As a 2025 Runner-Up and 2026 Finalist for Best of Hour Detroit, I bring a proven track record to your property search. Whether you are buying or selling, understanding the local market landscape is essential for success.0:00 Intro: What You Actually Keep When You Sell 0:28 Commission: What Comes Off First 0:45 Your Mortgage Payoff Explained 1:17 Michigan Closing Costs 1:40 Repairs and Negotiated Credits 2:03 Free Seller Net Calculator 2:20 The Real Number: A $350K Sale Breakdown 2:48 Final Thoughts and Next StepsI'm Leslie E. Martin, a Realtor® serving Metro Detroit's southern Wayne County water communities including Gibraltar, Flat Rock, Rockwood, Trenton, Woodhaven, and Grosse Ile.📞 (734) 846-8358 📧 leslie@leslieemartin.com 🌐 leslieemartin.com 📸 Instagram: @leslieemartindtw 📘 Facebook: LeslieEMartinRealtor

  7. Jul 22

    Mortgage Q&A: Waterfront Homes, Buydowns, Gifts & Condos

    Buying a home comes with a few decisions that quietly cost buyers thousands of dollars, and most of them never get explained until it's almost too late. In this episode I sit down with Vincent Newsome from National Mortgage Funding to answer the four questions I get asked most: financing a home on the water, rate buydowns versus ARMs, using gift funds for a down payment, and the financing quirks that come with condos and detached condos.00:00 Intro00:57 Financing a Home On or Near the Water02:39 Rate Buydowns vs ARMs Explained04:38 The Right Way to Use Gift Funds06:09 Condo and Detached Condo Financing Quirks08:01 How to Reach Vincent Newsome08:19 Final ThoughtsDownload my free Home Buyer's Guide to get the full picture before you write an offer: https://leslieemartin.com/download-the-home-buyers-guide/Curious what your home is worth? Get a free valuation here: https://leslieemartin.com/metro-detroit-home-worth/I'm Leslie E. Martin, a Realtor serving Metro Detroit's Southern Wayne County water communities including Gibraltar, Grosse Ile, Flat Rock, Trenton, Rockwood, and Woodhaven. I help buyers and sellers navigate everything from first offers to closing day, with the right people in their corner every step of the way.Website: https://www.leslieemartin.comInstagram: https://www.instagram.com/leslieemartindtwFacebook: https://www.facebook.com/LeslieEMartinRealtorEmail: leslie@leslieemartin.comPhone: (734) 846-8358Vincent Newsome, National Mortgage FundingPhone: (248) 388-5528Email: VincentNewsome@nmfunding.com#MetroDetroitRealtor #WaterfrontHomes #MortgageTips #HomeBuyingTips #LeslieEMartin

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About

Welcome to The Real Estate Peacock - Metro Detroit Edition! Powered by Leslie Martin, this podcast covers the most searched real estate topics in the metro Detroit area and surrounding communities. Whether you're buying, selling, or investing, you'll get expert advice, market insights, and practical tips to navigate the local real estate landscape. Tune in for the latest trends, answers to your questions, and all the info you need to succeed in the southeast Michigan real estate market! #MetroDetroitRealEstate #RealEstateTips #HomeBuying #HomeSelling #SoutheastMichiganRealEstate