February is a wonderful time to visit Michigan, with a wide range of fun and exciting activities available for everyone to enjoy. Whether you're a resident looking for something to do during the long winter months, or a visitor seeking a new and unique experience, Michigan has plenty to offer during the winter months. From winter sports and outdoor adventures, to cultural events and dining experiences, there is truly something for everyone in Michigan during this time of year. So, grab your coat and get ready to explore all the wonderful things this state has to offer!

Eben Ice Caves 

The Eben Ice Caves are a popular tourist attraction located in Michigan's Upper Peninsula in the 4,000 acre Rock River Canyon Wilderness of the Hiawatha…

699 Views, 0 Comments

Read Full Post

As you approach your dream home, you can feel your excitement and anticipation growing. But before you fall in love at first sight, it's crucial to take a step back and thoroughly evaluate the property. The fast-paced real estate markets of the past few years may have left little room for due diligence, but with the slowdown in 2023, it's now possible to take a closer look before making a commitment. 

Just as in any relationship, it's important to watch for red flags and potential pitfalls that could lead to heartache and financial loss. In this article, we'll guide you through the most important aspects of a property, from the most affordable to the most expensive, and equip you with the knowledge you need to make an informed decision.

…

1045 Views, 0 Comments

Read Full Post

Novi, Michigan is a foodie paradise with diverse dining options for all tastes. From upscale restaurants to casual eateries, there's something for everyone. Whether you're seeking a romantic dinner, family gathering, or night out with friends, Novi boasts an abundance of excellent dining options, including contemporary American cuisine and international flavors. Here are our top picks when it comes to heading out for a delicious dinner.

     

Maisano’s Italian Restaurant 

Maziano’s is a premier Italian restaurant in Novi, known for its rich history and exceptional dining experience. Founded over 40 years ago by Frank Maziano, the restaurant started as a Town Club pop store reminiscent of classic soda shops from the past. In 1979, Frank’s…

5790 Views, 0 Comments

Read Full Post

Warren Buffet once said that “Risk comes from not knowing what you’re doing.” Years ago, Forbes put out a great article regarding things that home buyers need to know before making a purchase. While they have yet to follow up on the publication, the market has certainly changed and we feel it is important to keep the public educated on best practices when entering the buyer’s market. 

Hire a Trusted Realtor

It is extremely important to work with a trusted real estate agent when buying a home. While a seller’s agent will prioritize the interests of the seller, it is crucial for the buyer to have their own representation in the transaction. A trusted realtor can provide valuable guidance and help the buyer navigate the process while ensuring…

1331 Views, 1 Comments

Read Full Post

Attention all first-time home buyers! Are you ready to take the leap into homeownership but feeling a bit apprehensive about the process? Don't worry, we've got you covered. In this blog post, we're going to share with you the top warnings every first-time home buyer should know before signing on the dotted line. So, buckle up and get ready to arm yourself with the knowledge you need to make smart and informed decisions during your home purchase. Let's get started!

Interest Rates Are Not Going Down

Not to be the bearer of bad news, but the days of 2.5 and 3% interest rates are gone and more than likely will not be seen again anytime in the next decade. Interest rates for home loans climbed relentlessly in 2022, with the Fed hiking rates 7…

800 Views, 0 Comments

Read Full Post

Have you ever visited or moved to a new state and felt like an outsider? Welcome to the Great Lakes state, where the locals are as unique as the weather patterns. From our famous Coney dogs to the ever-changing weather, Michigan is a melting pot of culture and personality. But don't let that intimidate you, because as you'll soon find out, fitting in here is all about embracing the diversity and embracing the quirks that make Michigan, well, Michigan!

Michigan Consists of Two Peninsulas

Michigan is the only state in the United States that is made up of two separate peninsulas - the Upper Peninsula and the Lower Peninsula. But don't let that fool you, these two peninsulas are vastly different in terms of geography, culture, and personality.…

1582 Views, 0 Comments

Read Full Post

Why is Michigan a Great State to Live In?

Living in Michigan, you can experience all four seasons in one day! Ok, so this one may only be mostly true. Just like moving to any other state, there are pros and cons of moving to or living in Michigan, and while we may be partial, we believe the Great Lakes State has plenty more positives to outweigh the negatives. You may be wondering, "Is Michigan a good state to move to?" Michigan is a great state to move to  due to its rich cultural heritage, beautiful natural landscapes, strong economy, affordable real estate, excellent education options, vibrant arts and entertainment, and numerous other attractions. If you are looking to move to Michigan, call The Perna Team at (248) 886-4450 to chat with one of our…

8308 Views, 0 Comments

Read Full Post

Winter in Michigan may be cold, but it's also a time of year that offers a wide variety of fun and exciting activities for everyone. Whether you're a thrill-seeker looking for an adrenaline rush or someone who prefers a more relaxed pace, living in Michigan during the winter provides ample opportunities to get outside and enjoy mother nature. So, grab your warmest coat, hat & gloves, and let's explore all the fun things Michigan has to offer in the winter!

     

Bowers School Farm 

The Bowers School Farm, owned and operated by Bloomfield Hills Schools (BHS) since 1967, serves as a place for schools and the community to gather and celebrate agriculture. With a focus on the importance of food, farming, and the outdoors for healthy living and…

1104 Views, 0 Comments

Read Full Post

One year ago Michael Perna made eight predictions regarding what would be seen in the 2022 real estate and financial markets. Six of them turned out to be right on the money, one started out on the right foot before taking a turn, and one - well he was completely off. Now Mike is back with eleven more predictions for 2023! Will he keep up his winning streak or will 2023 throw us all a curveball? For that answer, only time will tell.

2022 brought a lot of change to the markets with real estate cooling off significantly in comparison to the previous year and many stock values taking a hit. 2023 is also shaping up to hold quite a bit of change in store - some for the better, some not so much. Read on for our top predictions of the year.

Home…

892 Views, 0 Comments

Read Full Post

In December of 2021, Michael Perna released a video giving his predictions on what we would see take place in the real estate and financial markets of 2022, but how close was he after all was said and done? In this article we’ll take a look back at 8 predictions versus what the actual outcome was.

Rent Prices
Prediction: Rent costs will continue to rise in 2022.
Actual: True. Rent costs increased dramatically across Metro Detroit and the United States as a whole throughout 2022 before beginning to slightly decrease in Q4 in some areas. 

There are several factors that can cause rent prices to increase with the largest contributors to increasing rent prices seen in 2022 being skyrocketing home values, high inflation and low inventory…

853 Views, 0 Comments

Read Full Post