Birmingham Michigan posted some nice housing numbers in February 2008 according to the April Edition of Metropolitan Realtor. Total home sales were up 26.32% as compared to February 2007. The median sale price was up by 9% and the number of on market listings declined by almost 8%. While one month does not necessarily represent a trend, the fact that all of these categories posted encouraging figures, gives cause for optimism. I suspect that many buyers who have been waiting on the sidelines, have jumped at this current opportunity to live in Birmingham. Prices have dropped considerably over the last few years and interest rates have remained low as well. Hence, many are now able to live in an area that they previously thought they could not afford. 
 

2 Comments on Birmingham Michigan Posts Good Housing Numbers For February 2008

Lee, this is great news for you all ! Keep it up!

04/19/2008 08:14 AM by Missy Caulk Ann Arbor Real Estate (Keller Williams Ann Arbor)


Missy, there are many buyers out there that will be sorry if they don't jump in soon and become homeowners.

04/19/2008 02:56 PM by Lee Morof


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Real Estate Agent: Lee Morof, Associate Broker/Attorney (RE/MAX Showcase Homes)
Lee Morof, Associate Broker/Attorney
Birmingham, MI
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