Customarily found in real estate contracts, "time is of the essence" represents the necessity for the timely completion of a contract. The clause is something that agents may use colloquially to emphasize the importance of meeting deadlines.

Pandemic Housing Shortages

How to buy a home or condo in a market with low / no inventory

Housing availability for both purchase and rental are extremely low as of the time of writing this (8/7/21).

Some considerations to keep in mind when purchasing in a market which ...

Our 5 Best Reasons to START SELLING Real Estate

1. Real Estate Salespeople Learn About Business From the Top Down

Especially when it comes to agents who are willing to dip into commercial as well as residential and residential income properties, individual sales agents are able to jump into real-world ...

Welp Magazine gave Munro Real Estate a mention for our recommendation for #1 best printer for small offices (like us)-- the Xerox Versalink C7000.

The Xerox is a must for an Ypsi Realtor since they print gorgeous ledger-size prints at a professional print shop quality.

Full article here: https://welpmagazine ...

Summary of industry terms and jargon commonly used in the Ann Arbor & Ypsilanti real estate market.

Terminology may vary somewhat between market location and asset type; we may discuss other terminology in the fields of commercial, investment, zoning, construction, or development in separate articles to follow.

**Disclaimer: All ...

An actionable primer from an Ypsilanti broker and licensed builder experienced in architectural conservation/restoration/rehabilitation

At the heart of a community are its architectural assets which determine the feel and the flavor of neighborhoods and streets. In my home market, Ypsilanti’s historic real estate are beloved community assets which ...

Commercial RE News:

The new tax legislation from the 2017 "Tax Cuts and Jobs Act" includes new opportunity zones targeting distressed and low-income communities with tax incentives for investment.

The Opportunity Zone (aka "O-Zone") includes much of Ypsilanti and Wayne Co.