market report: September Market Report - 10/25/08 01:42 PM
As if the Michigan economy didn't have enough challenges, the past month of national and world financial chaos certainly hasn't helped. Even with all those challenges, the Southeast Michigan counties of Wayne, Oakland, Livingston, and Macomb all experienced higher sales volumes than last year for the month of September. Depending on … (1 comments)
market report: August Metro Market Report - 09/17/08 10:51 AM
Even with the news of the Fannie Mae and Freddie Mac bailout, there is still strong activity and confidence in our local market as sales remain 11.7% higher than last year for the eighth straight month in 2008, according to RealComp, our local MLS. When comparing this year's results to … (0 comments)
market report: 1st Time Buyer Alert, Part 2 - 08/25/08 11:13 AM
As I wrote in the July Market Report, Congress passed the new American Housing Rescure and Foreclosure Prevention Act to help spur activity and encourage buyers, and particularly first time buyers, to take the homeownership leap. Besides providing a tax credit of up to a $7,500 (10% of the purchase … (0 comments)
market report: 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 … (1 comments)
market report: Mid-Year Market Review - 07/20/08 10:43 AM
While we've continued to see values decline, activity is up year to date with Wayne County posting the largest increase in June according to the Detroit News.
In fact, for the sixth straight month this year, the number of homes sold increased 13.1% over 2007 in June according to … (3 comments)
market report: Increased Sales But Half Are Foreclosures - 06/28/08 05:46 PM
Realcomp,
our local and Michigan's largest Multiple Listing Service, released the
latest sales figures recently indicating a 12.7% year to date
increase in sales over last year for the entire MLS.
Although the number of homes on the market has declined an average of 7%, more the half the homes … (0 comments)
market report: Metro Market Perking Up - 05/23/08 10:14 PM
Earlier this month Realcomp, Michigan's largest Multiple Listing Service, released the latest sales figures showing promising signs for our housing market. For the fourth straight month this year, sales increased by 10.84% over the same period last year. Additionally, properties currently under contract show the trend is continuing.While prices have declined and … (1 comments)
market report: February Posts Increased Home Sales - 03/12/08 11:13 PM
Did you see the headlines in the Business section of the Detroit Free Press this morning? Feb. home sales leap 12.8% Citing statistics from Realcomp, our local real estate MLS, 3,591 homes and condos in the Detroit Metro area were sold in February 2008 versus 3,184 in February 2007. President Karen Kage … (1 comments)
;)
Links;)
Archives
As if the Michigan economy didn't have enough challenges, the past month of national and world financial chaos certainly hasn't helped. Even with all those challenges, the Southeast Michigan counties of Wayne, Oakland, Livingston, and Macomb all experienced higher sales volumes than last year for the month of September. Depending on … (1 comments)
