Current Real Estate Market, Single Family Home Sales In The 48446 Area: * new listings = 41 * sold listings = 22 * average sales price = $147,750.00 * average days on market = 73 days til sold Whether you’re ready to move or just thinking about it, you can find out what your home […]
Home Prices Are Accelerating
Home prices posted a strong growth in closing out the final quarter of 2015, despite a moderating pace of sales, according to a new quarterly report released by the National Association of REALTORS® this week. NAR reports that the median existing single-family home price rose in 81 percent – or 145 out of 179 metro […]
Spring Buying Is On!
The infamous groundhog – Pennsylvania’s Punxsutawney Phil – may not only have the power to predict how many more weeks are left to winter but also the ability to predict the start to housing’s busiest time of year. Phil didn’t see his shadow on Groundhog Day, which, if superstition holds true, means that winter will […]
Oxford MI, Current Real Estate Market, Oxford MI Real Estate
Lake Orion MI, Current Real Estate Market
Real Estate Trends That Will Shape 2016
It’s the new year. Get ready to break out the Crystal: We had a great 2015—the best year for housing since 2007. And our forecast here at realtor.com® projects an even better year in 2016. How so? Well, with economic growth chugging along, employment will continue to increase, meaning that people will have more money […]
Don’t Wait! Buy This Winter!
Now that the U.S. has regained its job-creation mojo, as the October employment report showed, the demand for housing is only going to grow. After all, when people have jobs they can break off and form new households—ditching the roommates behind or finally moving out of Mom and Dad’s basement—and that’s what fundamentally drives home […]
Home Sellers Net Highest Profits In 8 Years
Rising home prices over the last few years are finally putting more money back into home sellers’ pockets. Home owners who sold during the third quarter saw an average price gain of $40,658 – or 17 percent – from the purchase price of their property – the highest average price increase for sellers since the […]
3 Reasons Why It’s a GREAT Time For Sellers.
Rising home prices, demand from home buyers, and less competition is making 2015 a stellar year to sell for many U.S. home owners across the country. These three factors are behind why this year is shaping up more favorably for sellers: 1. Stronger demand coming from buyers: Sellers in many markets are seeing stronger demand […]
Existing Home Sales Heat Up, Inventory Levels Continue to Improve, July Newsletter
Existing home sales rose strongly and inventory gains continued to help moderate price growth, according to the National Association of Realtors… The July 2014 newsletter, Housing Trends, is out and full of useful information on local and national real estate, consumer tips, mortgage information and videos. Click here for the entire newsletter<<< Examples of this […]