Livingston County Real Estate by Bob Smith

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RECENT BLOG POSTS
Produced in association with Major League Baseball (MLB, the oldest professional sports league in the USA), narrated by lifelong baseball lover Kevin Costner, and interviews with great players, scientists and historians, this film tries to discover who is the fastest pitcher ever.  This is a new ...
04/21/2016
Here’s the latest.  Inventory is just starting to improve, but so are the sales, so we’re not seeing much of a net increase – yet.  There are still a lot of expired listings, too.  Hopefully they will be back on the market in the next month or so.Year to date we’ve seen 268 units sold at an avera...
04/20/2016
I'm starting to feel somewhat like a time loop.  Over and over and over again.  South Lyon inventory is flat.  No significant difference since the first of the year with 211 units currently available.New listings have also been flat since the middle of March with 25 new listings in the last 7 day...
04/08/2016
The inventory of available Howell homes is at a low for the year at 198 units.  Even though we had 18 new listings in the last 7 days, 20 were sold in the same period, and when you count in expired listings and those pended (taken off market pending the sale), we're at a net loss. For the 20 sold...
03/31/2016
This week's Howell Michigan market update is actually a year to date (YTD) discussion.  When sales volume is low, it's easy to have a distorted view because of a few extra low-, or high-priced sales.  Because of that I switched from reporting just average figures to including median data, too. Un...
03/21/2016
Our active inventory is 203 units.  We are still waiting for the Spring flood of listings to happen, but that can be a mistake if you're a seller.  There is less competition and a lot of pent up buyer demand out there right now. Homes are selling quickly.In the last week there were 28 new listing...
03/17/2016
Our active inventory is just 214 units.  We are still waiting for the 'nice weather listing mindset' to happen, but that can be a mistake if you're a seller.  There is less competition and a lot of pent up buyer demand out there right now. Homes are selling quickly.In the last week there were 25 ...
03/14/2016
South Lyon continues its growth.  There is a good amount of new construction in the area, mostly Lyon Township, but it doesn't get very good representation in the multilist system (MLS) as builders have their own offices and are building semi-custom homes to order.  Typically they'll just have a ...
03/11/2016
Inventory continues to decline, but that should change soon.  Right now we're at a 2016 low with 210 units available. Last week, 19 new listings hit the market.  We also had 19 sold listings.  But with expireds, pendings and withdrawn properties, we actually lost inventory. For the 19 sold, the a...
03/07/2016
Like many other parts of the country, demand is outpacing supply.  Even with some new construction in the area, there is still not enough inventory.Last week, there were 14 homes sold at an average price of $208,486, or $114/sq ft.  These homes sold remarkably fast on average - just 45 days!  We ...
03/01/2016
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Robert Smith

SRES, Search for Homes Brighton-Howell-SE Michigan
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