With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is, […]
What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market
While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis. When the forbearance program began, many experts were […]
Shadow Inventories Are Quickly Vanishing
This weeks article, Shadow Inventories Are Quickly Vanishing, Report Says, in the RealtorMag discusses the decline of the shadow inventory… For the past three years, the shadow inventory has declined year-over-year and posted double-digit declines for the past 16 consecutive months as the housing market continues to heal, Anand Nallathambi, president and CEO of CoreLogic, […]
Distressed Housing Sales Continue to Tumble
Article from RealtorMag discussing Distressed Sales Continue to Tumble, one of the highlights is the Detroit area is mentioned for percentage of bank owned sales… Foreclosures and short sales are making up less of a share of the for-sale market. According to the National Association of REALTORS®’ February existing-home sales report, distressed home sales accounted for […]
Boomerang Buyers Are Staging a Comeback, Oxford MI
Boomerang buyers are staging a comeback, Oxford MI. Interesting article from Realtor Magazine, buyers that lost their homes 2 plus years ago are now qualifying for new loans… “Boomerang buyers”—former home owners who have gone through a short sale, foreclosure, or bankruptcy in the past few years and are saving up for a down payment […]
Homes For Sale in Lapeer MI, Foreclosures
Homes for sale in Lapeer Michigan, foreclosures. This post will list homes for sale and sold in the last 30 days in and around Lapeer. Sample of homes for sale: 2378 Imlay City Rd, $55,000 / 3 beds & 1 bath / 988 sq.ft / basement & garage 1301 Jackson St, $139,900 / 3 beds […]
Foreclosures, Video
This video discusses what foreclosures are… Donald Horne, Team Success Listing Coldwell Banker Shooltz Realty 248-969-8065 or 810-338-0628 dhorne@cbshooltz.net
Tax Sale Properties in MI, County or State Level
Last week a friend of mine was telling me about a conversation he had with one of his clients about tax sales. I thought it was interesting enough to share with you his answer to her questions… If there is a mortgage on a property (without escrow-ed taxes), the current lender will wait until the […]
Oxford Real Estate, Foreclosures in Oxford MI
Oxford real estate and foreclosures in Oxford Michigan. These statistics cover the Village of Oxford, Oxford Twp, and Oxford areas for the last 30 days. 07/31/2012 Sample of homes for sale under $150,000.00 1404 Cardigan Dr, $43,000 / 1601 sq.ft / pool-2 car garage / 4 beds & 2 baths 62 N. Washington St, $129,900 […]
Oxford MI Real Estate Listings, Real Estate Foreclosures
Oxford Michigan real estate listings and real estate foreclosures Village of Oxford, Oxford Twp, Oxford Oakland County, MI 48371 06/30/2012 Homes for sale under $100,000 918 Keith St. $37,000 / 960 sq.ft ranch 2200 Drahner Rd, $69,900 / 1334 sq.ft ranch 455 Pocahontas Trl, $99,900 / 1284 sq.ft ranch Homes for sale under $200,000 215 […]