More New Homes Are Coming Soon … Builders are beginning work on more single-family homes across the country, which could offer some much-needed inventory relief for many housing markets. Housing starts nationwide are up nearly 31 percent year-over-year. In February, housing starts jumped 5.2 percent alone on a month-over-month basis to a seasonally adjusted annual […]
Lake Orion Community Homes, Real Estate Update, September / October 2015
Welcome to this months market report, Lake Orion Community Homes – Real Estate Update – September / October 2015. Sales figures for the last 52 days are mixed. The good news for sellers: average sale prices are up 5% over this time last year, $223,212 vs $212,992. The good news for buyers: total homes sold […]
Lapeer Community Homes, Real Estate Update, September 2015
Welcome to this months market report, Lapeer Community Homes – Real Estate Update – September 2015. Sales figures for the last 43 days are mostly good, for sellers, not so good for buyers sitting out there waiting. For what? Interest rates are still low but available inventory is still down, pushing prices up. The good […]
Most Markets Still Plagued by Inventory Crunch
According to Realtor.com Markets Still Plagued by Inventory Crunch nationwide, new homes is even lower… The number of homes for sale is still low in many markets: Supply nationwide in September was at five and a half months; most economists consider a normal level to be six to seven months. The supply of new homes was even […]
We’re Selling in Your Area, North Oakland County, Lake Orion to Oxford
We’re selling in your area, North Oakland County, Lake Orion to Oxford. The North Oakland County real estate market is MOVING! Yes, now is a good time to list your home for sale. Don’t believe me? Here’s why… The on market inventory declined by 20.6% while the median sale price, based on all sales, increased […]
Need More Homes to Sell, Metamora And Oxford Area
We need more homes to sell! Metamora and Oxford area homes are moving fast! We have 17 homes sold and 7 under contract, and it’s only September! With our listings selling so fast, we need more. If you are thinking about selling your home, give us a call. You will be pleasantly surprised with what the […]
Inventory Posts Big Drop
Inventory of for sale homes posts big drop… Found this article in RealtorMag back on 04/17/2012, talks about nationwide inventory dropping by… The nationwide inventory of residential homes for-sale dropped 21 percent in March compared to a year ago, according to newly released housing data from Realtor.com, tracking 146 metro markets. In fact, all 146 […]