local market statistics: How's the market? Test your knowledge
- 05/20/12 09:23 PM
I just posted the updated sale numbers for May on my Move To Milford web site, but before you rush off to see them, let's see how good your feel for the market in this area is. Below are a series of questions that can be answered by looking at the stats posted on the Move To Milford site.
1. Match up the market area with its current statistic for distressed home sales and a percentage of overall sales, where "distressed sales" are defined as foreclosed homes and short sales - Milford Commerce White Lake Highland West Bloomfield 40% … (0 comments)
local market statistics: Reading the paper with a grain of salt...
- 05/08/12 12:25 AM
The headline of the top story on Page 1 of the Oakland Press today was “Foreclosures Down 45%”. Of course it was very large type to draw maximum attention to that tidbit of information as a sound bite. The accompanying story talked as much about why the numbers reported by Oakland County are a more accurate reflection of the market that the numbers reported by regional or national groups. Apparently some of those “others” report every event within the foreclosure process as if it was a new foreclosure. That means that the delinquency notice, the Sheriff’s sale and the eviction notice … (2 comments)
local market statistics: It was the best of times, it was the worst of times…
- 10/17/11 05:09 AM
It was the best of times, it was the worst of times, it was the age of cheap homes, it was the age of falling inventory, it was the age of short sales, it was the age of the short seller, it was the age of low mortgage rates, it was the age of high down payment requirements, it was the age of affordable housing, it was the age of foreclosed homes, it was the age of unlimited possibilities, it was the age of underwater mortgages – in short it was an age when hopes and dreams sparred mightily with reality … (0 comments)
Posts about things going on in Real Estate in Milford, Michigan; Highland, Michigan; White Lake, Michigan; Commerce Twp, Michigan,; West Bloomfield, Michigan; South Lyon, Michigan; Birghton, Michigan and HArtland, Michigan in Oakland and Livingston Counties of Michigan
I just posted the updated sale numbers for May on my Move To Milford web site, but before you rush off to see them, let's see how good your feel for the market in this area is. Below are a series of questions that can be answered by looking at the stats posted on the Move To Milford site.
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