Lake Orion Waterfront in Lake Orion Michigan - 03/31/12 09:29 AM
Lake Orion waterfront in Lake Orion MichiganOakland County, 48359$114,960.00
Judah Lake in Lake Orion! Waterfront home with 2,016 sq.ft, 3 bedrooms and 2 full baths. Was rental property, updating started but needs to be finished, this would be great for the handy man type. 2 car garage, large lot (100 x 691), wood floors, decks, basement and appliances. Contact listing agent for more information.
Donald Horne, Realtor, Team SuccessColdwell Banker Shooltz Realty248-969-8065 or 810-338-0628dhorne@cbshooltz.net
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Buying is Cheaper Than Renting, Most Cities - 03/26/12 04:23 AM
Buying is cheaper than renting in nearly all major cities...Very interesting post in Thursday's RealtorMag about home buying is the smarter choice now...
Home buying is the smarter choice than renting, according to Trulia’s Winter 2012 Rent vs. Buy Index.
Buying a home is more affordable than renting in 98 of the nation’s 100 largest metro areas, according to the index, which tracks asking prices for rental units compared to for-sale homes in major metro areas.
The only two metros out of the 100 tracked where renting was found to be the better deal: Honolulu and San Francisco. Still, the index … (14 comments)
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Waterstone Subdivision in Oxford MI, Real Estate And Foreclosures - 03/25/12 05:27 AM
Waterstone subdivision in Oxford Michigan, real estate and foreclosures.02/01/2012 to 03/19/2012
Summary of homes listed and sold:
*residential properties: listings = 8 = avg list price = $208,088 = avg dom = 102 sold listings = 4 = avg sold price = $209,225 = avg dom = 146*condo properties: listings = 2 = avg list price = $190,000 = avg dom = 14 sold listings = 1 = avg sold price = $178,000 = avg dom = 15*all properties: total listings = 15 = avg list price = $204,200 = avg dom = 96
Sample of homes for sale:
25 Carriage … (1 comments)
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Home Prices Stabilize, REOs Increase - 03/20/12 06:13 AM
Home prices stabilize despite increase in REOs.
Found this article in the March 6th issue of RealtorMag, it talks about distressed properties, REOs and home prices...
An increase in distressed properties on the market is no longer chipping away at overall home prices, an “unusual and encouraging” sign, a new report suggests.
In fact, the report found that in the top 15 metro areas REOs dramatically increased in February, but those areas still showed average gains or mostly stable home prices compared to the previous month, a new report by Clear Capital shows. Distressed properties typically are known to put downward … (0 comments)
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Oxford Real Estate, Houses And Land For Sale in Oxford MI - 03/19/12 06:06 AM
Oxford real estate, houses and land for sale in Oxford Michigan.Village of Oxford, Oxford Twp, OxfordOakland County, MI 4837103/14/2012
Summary of Oxford:
The median sale price for homes in Oxford over the last 12 months is $152,916The median mortgage debt is $185,906Median listing price, $237,740Median days on market, 124Active listings, 149, down 8.7%Foreclosures and short sales, 18.1%The price per sq.ft for listings in this area is $111The percent of owner occupied properties in Oxford is 16.3% above the national average
Sample of homes for sale this week:
645 Indian Lake Rd, $145,0002623 W. Drahner Rd, $150,0002570 W. Drahner Rd, $169,9001100 Brookside … (0 comments)
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First Time Buyers in Flint MI, 3117 Yale St, 48503 - 03/18/12 07:06 AM
First time buyers in Flint Michigan, 3117 Yale St, 48503$49,960.00
Unbelievable! 3 bedrooms / 1 bath home with 1121 sq.ft, all appliances, wood floors, partially finished basement. 1.5 car garage, some fencing, Cape Cod style and good size lot (50 x 100). All this for $49,960.00 and move in ready! Just bring the dog!
Flint area newsletter
Mortgage information
Donald Horne, Realtor, Team SuccessColdwell Banker Shooltz Realty1-810-338-0628dhorne@cbshooltz.net
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Short Sales, More Banks View it as a Better Option - 03/17/12 05:10 AM
Short sales rise, more banks view it as a better option ...... This article was in the RealtorMag dated 03/01/2012, talks about banks being more willing to negotiate ......
Banks are more willing to agree to a sale at a lower cost than a home owner’s mortgage balance in order to avoid having the property fall into foreclosure, which can be more costly for a lender.
In the fourth quarter of 2011, there were more than 88,000 short sales, a rise of 15 percent compared to a year prior. In all, short sales made up 10 percent of all home sales … (3 comments)
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Buying a Home Security System in Metamora MI - 03/16/12 06:13 AM
What you need to know about buying a home security system in Metamora Michigan.
Everyone wants to protect their Metamora home, property and most of all, their families. In fact, market research suggests the home security business is growing at a rate of about 9% a year. But home security systems are not all alike.
Some systems can not only warn you of intruders, but can also notify authorities, monitor smoke and carbon monoxide detectors and / or include video surveillance. Most security alarm installers can provide services that include equipment plus installation and monitoring service.
If you are thinking about … (0 comments)
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Lake Orion MI Condo For Sale! - 03/13/12 05:54 AM
Lake Orion Michigan condo for sale!3105 Sunnyside Ct, Lake Orion, MI 48360$49,960.00
New windows, carpet, fresh paint, appliances, cabinets, counter tops. 2 bedrooms and 1 bath, 1 car attached garage, lake privileges. Come home and relax, no snow to shovel, no grass to cut, no outdoor painting. THIS is the way to live, plus Lake Orion schools! Hurry, this unit is priced to move!
Donald Horne, Team SuccessColdwell Banker Shooltz Realty1-248-969-8065 or 1-810-338-0628dhorne@cbshooltz.net
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Lapeer Foreclosures For Sale And Real Estate in Lapeer MI - 03/12/12 05:47 AM
Lapeer foreclosures for sale and real estate in Lapeer MichiganCity of Lapeer, Lapeer Twp, LapeerLapeer County, MI 4844603/07/2012
* The median single family home price as of 03/04/12 is $129,174* With a market action index at 19.3, Lapeer is still in a buyers market* The average property has been on the market for about 221 days* The median price per square foot for homes is about $78* There are about 146 properties on the market as of 03/04/12
Sold homes this week in and around Lapeer:
208 Fox St, $29,000 = 46 days on market (dom) = cash sale113 E. Newark … (0 comments)
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Sellers Willing to do More - 03/07/12 05:47 AM
Sellers willing to do more to get home sold...Found this story in RealtorMag dated 02/29/2012, talks about how sellers are willing to price their homes to move...
Real estate pros are reporting that sellers are more willing this year to price their homes competitively as well as change the appearance of their home in order to lure buyers, according to a survey of 600 agents conducted by Coldwell Banker Real Estate.
Agents reported that, compared to last year, sellers are more willing to remove clutter; make cosmetic updates, such as minor repairs; "depersonalize" the home; and stage the home to better … (0 comments)
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Tips to Increase Your Lapeer Home's Curb Appeal - 03/06/12 05:06 AM
Simple tips to increase your Lapeer home's curb appeal.
Have you been wanting to change the look of your house but aren't sure what you can do to increase your curb appeal? Handyman Connection, one of the largest networks of home repair and remodeling contractors in North America, has released a few home improvement ideas to help you enhance the street view of your home.
The front door is the gateway to your Lapeer home and can often be an easy and inexpensive way to add a different dimension to your home's curb appeal.
Painting or re-painting your house is a … (0 comments)
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Cash Buyers - 03/04/12 05:54 AM
Cash buyers are mopping up inventory.
This article from RealtorMag dated 02/29/2012, talks about the growing number of cash buyers in this market, good read...
Thirty-four percent of home sales in January were paid for with cash, according to Campbell Surveys and Inside Mortgage Finance. And housing experts say the growing number of cash buyers on the market -- who are often investors -- can be a good thing in removing some of the overhang with foreclosures.
"I think a lot of people are throwing in the towel and deciding they would rather invest in real estate than have their money … (4 comments)
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Rents Rising With Demand - 03/03/12 08:55 AM
Rents keep rising as demand soars.
This article was in RealtorMag on 02/28/2012, discussing how rents nationwide continue to increase...
Rents nationwide continue to be on the rise, increasing 2.4 percent in January compared to a year earlier, according to new data released by the Labor Department. Demand for rentals remains strong. The apartment vacancy rate fell to 5.2 percent, marking its lowest level in more than a decade.
Rents have most been on the rise in tech-centered cities like San Francisco; Austin, Texas; and Boston. Rents also are rising in New York City; Washington, D.C.; Chicago; and Seattle.
Construction of … (1 comments)
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Oxford DDA Streetscape Plan - 03/01/12 05:47 AM
Oxford DDA presented with $4.7M streetscape plan.
That's how much the total estimated cost is to revamp and improve a large portion of downtown Oxford's streetscape to make it more attractive, identifiable, pedestrian friendly and hopefully, calm the large volume of traffic on M-24.
The plan encompasses changing the appearance of M-24 from the Polly Ann Trail bridge to the north all the way to Broadway St. to the south. It also includes the southern gateway to the village near the Oxford Marketplace shopping center and portions of Burdick St. to the east and west.
Right now, there are 44 on … (0 comments)
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