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Oakland County lakefront real estate update
If you are looking to buy a lake property in Oakland County then one of the best things I can recommend you to know is what homes have been selling for.  Not only should you be checking the comps before you put in an offer, but it is wise to look at the recent history of the sold homes on the lakes.  What I mean by that is you should look at Days on the market, and the comparision of list price versus sales price.  Not only will you learn how fast or slow homes are selling for, but you will also learn how homes are selling for when they first come on the market, or when they have been on the market for a while.
This is what I sent one of my clients when they put in an offer on a waterfront home near Clarkston.
Here is the last 30 days of closings of lake front solds.  Here is explanation of some of the homes 520 North shore was a to be built home and they ended up selling just the lot for $250K.  2530 Silverside was an auction house that they bought without going into the house, had to pay cash, and no inspection.  3840 ... more

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