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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

How Many Active Listings Can you Afford to Buy in the 100 Largest Metro Areas?

Find out how many of the homes which are currently listed for sale you can afford to buy based on your income.

A typical household earning about $51,000[1] can afford to buy 36% of homes for sales in the United States, according to the REALTORS® Affordability Distribution Curve and Score (RADCS). The tool below, updated with August 2018 data, lets you find out what share of homes, which are currently listed for sale, you can afford to buy in the 100 largest metro areas based on your income.

Select a range that best describes the income that you earn. Hover over the map to see the percentage of homes which are currently listed for sale that you can afford to buy.

Dashboard 1

The NAR Research Group and REALTOR.COM have partnered to conduct an analysis of affordability at different income levels for all active inventory on the market. The result of this analysis, the RADCS, shows that a household needs to earn at least $65,000 to afford more than half of the active housing inventory. Currently, the typical household, earning $51,000 can afford to buy 36 percent of homes for sale. Compared to a year earlier, housing affordability across the United States declined in August. The main reason for the decline is that housing inventory remains very low, causing affordability to weaken in most areas of the country.

Among the 100 largest metro areas, Los Angeles-Long Beach et al., CA was the least affordable metro area in August followed by San Diego-Carlsbad, CA and Oxnard-Thousand Oaks-Ventura, CA. In these metro areas, a household earning about $100,000 can barely afford to buy on average 12 percent of homes currently listed for sale. In contrast, the same household can afford to buy on average more than 90 percent of the housing inventory in Youngstown-Warren et al., OH-PA, Dayton, OH and Toledo, OH.

For more information, view the Realtors® Affordability Distribution Curve and Score data page.


[1] Based on Nielsen’s income distribution data

July 2018 Housing Affordability Index

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates rose to 4.75 percent this July, up 14.7 percent compared to 4.14 percent a year ago.

  • Housing affordability declined from a year ago in July moving the index down 8.2 percent from 151.2 to 138.8. The median sales price for a single family home sold in July in the US was $272,300 up 5.2 percent from a year ago.
  • Nationally, mortgage rates were up 61 basis point from one year ago (one percentage point equals 100 basis points).

  • Regionally, the Northeast recorded the biggest increase in home prices at 7.0 percent. The West had an increase of 5.3 percent while the South had a gain of 3.1 percent. The Midwest had the smallest growth in price of 2.5 percent.
  • Regionally, all four regions saw a decline in affordability from a year ago. The Northeast had the biggest drop in affordability of 10.3 percent. The West had a decline of 8.3 percent followed by the South that fell 6.8 percent. The Midwest had the smallest drop of 2.2 percent.
  • On a monthly basis, affordability is up from last month in three of the four regions. The Midwest had biggest gain of 7.9 percent. The West had an incline of 2.6 percent followed by the South with an increase of 2.1 percent. The Northeast had the only dip in affordability of 1.1 percent.
  • Despite month-to-month changes, the most affordable region was the Midwest, with an index value of 183.6. The least affordable region remained the West where the index was 101.2. For comparison, the index was 143.0 in the South, and 142.2 in the Northeast.

  • Mortgage applications are currently down 1.8 percent and mortgage rates are continuing to rise. Credit availability has declined which is a sign that there is constriction on lending standards. Job creation is up as well as new homes sales. As inventory increases, more buyers are likely to come into the housing market. Home prices are up 4.6 percent while median family incomes are only growing 3.2 percent.
  • What does housing affordability look like in your market? View the full data release here.
  • The Housing Affordability Index calculation assumes a 20 percent down payment and a 25 percent qualifying ratio (principal and interest payment to income). See further details on the methodology and assumptions behind the calculation here.

 

 

 

Homes Typically Sold in 27 Days in July 2018

Amid strong demand compared to homes for sale, REALTORS® reported that properties were typically on the market for 27 days, a shorter time compared to one year ago (30 days) and about the same level during the prior month (26 days), according to the  July 2018 REALTORS® Confidence Index Survey.[1]

During the May–July 2018, properties typically sold within one month in 32 states and in the District of Columbia, with properties selling most quickly in the D.C. metro area (17 days), Utah (19 days), Colorado, Idaho, Michigan, Ohio, South Dakota, and Washington (20 days).

Another indicator of how quickly properties are selling is the days on market on Realtor.com.[2]

In 381 out of 500 metro areas tracked by Realtor.com (76 percent) typically stayed on the market for fewer days in July 2018 compared to their median listing time one year ago, including in high price areas such as Jose-Sunnyvale-Sta. Clara, CA; San Francisco-Oakland-Hayward, CA; Los Angeles-Long Beach Anaheim, CA; San Diego-Carlsbad, CA; Bridgeport-Stamford-Norwalk, CT ; and New York-Newark, Jersey City, NY-NJ-PA. The decline in days on market in many areas indicates that demand is still broadly strong, with demand outpacing homes for sale.

However, there were fewer metro areas that had year-over-year faster selling times compared to July 2017 (395 metros). Metros where properties typically stayed much longer on the market longer in July 2018 compared to one year ago include Vallejo-Fairfield, CA; Madera, CA; Kennewick-Richland, WA; and Bend-Redmond, OR.  

Scroll down the list of metro areas in the interactive table below or hover over the map to view the median number days properties were listed on Realtor.com in July 2018 and one year ago.

Fastest-Selling Markets July 2018

 

[1] In generating the median days on market at the state level, NAR uses data for the last three surveys to have close to 30 observations. Small states such as AK, ND, SD, MT, VT, WY, WV, DE, and D.C., may have fewer than 30 observations.

[2] To access Realtor.com data, go to https://www.realtor.com/research/data/.

 

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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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