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homes and condos: July Market Report - 08/25/08 10:52 AM
According to RealComp, our local MLS, the market activity trend reflected a 15% increase in activity over the same period last year for the seventh straight month in 2008. Additionally, Pending sales were up significantly over the same period in 2007.

While interest rates have remained low, values have continued to trend downward. The good news is there were more private owner sales in July than foreclosure sales. Also fewer homes are on the market this year than in 2007 reflecting the fact that many people are sitting tight if they don't need to sell.

While the news … (1 comments)

homes and condos: 20717 Rensselaer | Farmington Hill MI Real Estate - 02/20/08 10:03 PM
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Debra Drummond | MichiganMoves Real Estate in SE Michigan

Plymouth, MI

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