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In today’s real estate market, you need to work with a real estate professional you can trust. Tom Schindler is dedicated to providing the absolute finest service and expertise possible for my clients. Whether you are buying or selling your first home, your primary residence, a second home, or relocating to a new neighborhood or thinking about building your dream home, Tom can help make your home ownership dreams come true.

Tom Schindler is a lifetime resident of Jackson, Michigan and has been actively involved in the real estate industry for more than 31 plus years. Tom’s experience includes representing home buyers and sellers in all price ranges and areas in Jackson and the surrounding counties.

Tom is a licensed realtor and specializes in listing and selling executive level properties throughout the Jackson and surrounding areas. He is considered a relocation expert, working with human resource personnel of major corporations assisting with key employees transferring to the Jackson area.  Because of his extensive knowledge of the city and surrounding communities, Tom’s professional relocation services are in top demand.

Whether in the buying or selling process, my website is packed full of information to help you.

Testimonials Page

Thomas was a very knowledgeable and professional agent. I am a young home buyer and I will definitely call Tom for future purchase and sale of my homes. J. Crist
Tom Schindler has sold two homes for me over the last seven years. Both homes were in Michigan and I live in Arizona. He has above average technology skills which made these sales possible and easy for me. Tom has many excellent contacts in Jackson and is well respected in the community. He was always in contact with me and responded to my calls to him immediately. Even though home sales in the area were slow at the time, he was able to sell my homes in a short amount of time and at a good price. I would recommend Tom in the future to anyone. Mary Ellen S.
Tom, was excellent in helping me buy my second rental unit. He has and will be my Realtor. He goes up &'beyond for his customer, and that's what I want as a customer. I would highly recommend him. J. Susskind
Tom did a great job helping us find our new home. We were from out of town and he helped find the right area of town that fit our lifestyle. Enjoyed his personality and perspective on the homes we looked at. Barry J.
Tom worked diligently and patiently for several years to find me my dream home. He made the home buying process as simple and stress-free as possible and was always responsive and knowledgeable to my many questions. Tom is the best realtor in the area and I would not hesitate to recommend his services. Ellen V.
He made EXCELLENT pre listing recommendations that really made an amazing difference and costed very little to implement. He had a great pricing recommendation to get more traffic. He went above and beyond the call as we were out of town during very critical times. He was very professional. He handled some unusual circumstances much better than I did. Overall, great job. Sold the house in less than 90 days in a not peak selling season. You will be happy you listed with him. He does what he says he is going to do, when he says he will do it. S. Ford
Tom helped us buy a home in Jackson while we were still living in Pennsylvania. He was very helpful and went above and beyond in his efforts to assist us. He is very knowledgeable about the Jackson market and I would highly recommend him for anyone's real estate needs. Jerry C.
Tom Schindler sold our home quickly and handled every aspect of the process with the utmost integrity. I have since recommended him to friends/family in the market of buying/selling a home and will definitely leverage his expertise and professionalism for all of my future real estate needs. Tracy M.
Tom worked with me to help me buy my first home. He assisted me every step of the way, with patience, and wisdom from many years of real estate experience. Tom knows the local area very well, and has a calm, "no pressure" demeanor that I appreciate. I will go to him again for my real estate needs. Matt D.
Tom made our home buying experience far greater than we expected. He understood what we wanted and was pivotal in us buying our dream home. We couldn't be happier with his services and won't hesitate to recommend him to others. Brian K.
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Real Estate News!!!

Latest Realty News from NAR

Which Metro Areas Have Rising Prices and Faster Selling Time as of June 2018?

Home prices continue to increase although the pace of price appreciation has slowed. As of June 2018, the national median sales price of existing homes sold rose to a peak of $276,900, the highest level since 20001 when NAR started tracking this data. However, the pace of appreciation has been slowing. In June 2018, the national median sales price rose 5.2 percent on a year-on-year basis (2.2 percent on an inflation-adjusted basis), a slower rate of growth compared to the price appreciation of near or above 10 percent in 2013.

 

The question is: will home prices continue to increase? One way to think about this is to compare the price appreciation with days on market. If properties continue to sell at a faster pace, this means that demand continues to outpace supply, and there continues to be an upward pressure on prices. However, if properties are increasingly staying on the market longer, then this means that supply is starting to outpace demand, causing prices to fall. As of June 2018, the median list price increased compared to one year ago in 419 metro areas tracked by Realtor.com (414 in June 2017). Meanwhile, properties sold faster compared to one year ago in 495 metro areas (395 in June 2017).

The data visualization below shows the year-on-year change in median list price (Y-axis) against the year-on-year change in days on market (X-axis). Most metro areas lie on the upper left quadrant where the median list prices rose and the median days on market fell in June 2018 compared to one year ago. There are only three metro areas where days on market rose and median list prices fell: Johnston, PA; Enid, OK, and Minot, ND.

In the high price metro areas, the median list prices rose compared to one year ago, but they have slightly declined compared to May 2018 levels. In San Jose-Sunnyvale, the median list price rose compared to one year ago (14.7 percent), but the median list price decreased compared to the May 2018 level (-3 percent). In San Francisco-Oakland-Hayward, CA, median prices rose compared to one year ago (8.7 percent) but also slightly declined from the May 2018 level (-0.4 percent). In Los Angeles-Long Beach-Anaheim, CA, the median list price also rose compared to one year ago (5.2 percent) but declined compared to the May 2018 level (-0.5 percent).

In summary, in many areas, demand is still outpacing supply, so there is still upward pressure on prices for now in many metro areas, although prices have started to trend downwards modestly in high-price metro areas (e.g., San Jose, San Francisco, Los Angeles). Affordability challenges, rising interest rates, and the modest increase in housing starts are likely exerting a downward pressure on prices. However, over the longer-term, there is still the upward demographic demand pressure from those in the 35-44 age groups (mostly millennials) who will increasingly get older, get married, have better incomes, and start forming households and buying homes. The U.S. Census Bureau projects the number of 35-44 year-old adults to increase from 41.3 million in 2018 to 47.2 million in 2028.

MedianPrices_DOM_DB4

A Dive into 2018 Member Demographics

This blog was written by NAR Research’s intern, Bronwen Leibe.

Hi again, it’s me, the research intern! Let’s take a closer look at this year’s member profile!

In the 2018 NAR Member Profile, females still make up 63 percent of all REALTORS®. This remains notably constant throughout years of experience (girl power!). Females dominate the profession, except in function breakdown; they make up a smaller percentage of broker-owners, managers with selling, and appraisers.

The median age of REALTORS® for 2018 is 54 years old. Although, there has been a slight increase in younger REALTORS® (30 years old and younger) to 5 percent.  The consistent largest age group, those 65 years and older, has increased from 17 percent to 20 percent of all REALTORS®. As a large population embarks on retirement, there will be the need for other generations to enter into the industry.

Interestingly, REALTORS® aged 45 to 54 are a larger portion with 2 or less years of experience than REALTORS® aged 30 years old and younger. Are people coming from other occupations? Well, only five percent of REALTORS® reported real estate was their first career. With 95 percent coming from another occupation, were their previous jobs helpful to a transition in real estate? Thirty-two percent of REALTORS® had a previous career in management, business, finance or sales/retail. To me, those industries’ skills are reasonably applicable to real estate.

Conjointly, education at all levels is a valuable asset for an occupation. Thirty percent of REALTORS® have had some college education, 13 percent have their Associate’s Degree. A third of real estate agents have Bachelor Degrees, while 13 percent have a graduate degree. Nonetheless, investment in your occupation is just as noteworthy as investment in your education. Seventy-two percent of REALTORS® said that real estate was their only occupation— showing that agents heavily invest their time into the industry. In fact, a considerable majority of 52 percent work 40 or more hours per week.  On top of working in real estate, two-thirds of NAR members volunteer in their communities! Already, REALTORS® play a big role in community building and it is admirable that NAR members are contributing outside of their occupation.

 

Second Quarter Single Family Metro Market Prices

The National Association of REALTORS® quarterly home prices increased again this quarter. Prices continue to drift up this quarter with 90% of the markets showing home price appreciation. We can also look at the top metro areas whose price grew the fastest. Housing affordability is down and for first time buyers qualifying incomes are rising along with the down payment on a new home. Knowing the mortgage rates and the qualifying incomes will help potential homeowners figure out what metro areas are affordable for them. Here is a look at the metro areas with the strongest price growth of the second quarter 2018, as well as a look at the yearly change in median existing single-family home prices for the top five highest and lowest growth metro areas of the second quarter 2018.

These are the top five single-family metro areas with the highest home price appreciation:

These are the bottom five single-family metro areas that had a decline in home price appreciation:

These are the most expensive metro areas for the second quarter 2018:

These are the least expensive metro areas for the second quarter 2018:

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Tom Schindler, CRB, CRS
An Independent Broker

www.TOMSCHINDLER.com
Phone/Text: 517-206-5959
Email: tom@tomschindler.com

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