Yesterday I had one of my top 10 most memorable showings. This is a list that you don’t want to be on as most of those showings tend to be memorable for bad reasons, like finding people asleep in beds when you think the house is empty. That is always good for a fright.
My Metro Detroit market is currently swarming with sellers who, because they can't sell, are considering leasing and becoming landlords. Since there are so many of them out there, I think they deserve a name and I am dubbing them Sell-Lords. Most would rather be sellers but they would like a bit of relief from the monthly payments so they are listed for lease as well. Or they are waiting out this buyers market by leasing until things pick back up. They've also contributed to a softening in the rental market by bringing up the supply there, but that is another story.
Back to yesterday. . .
I opened the unlocked (don’t tenants lock doors?) door of a $500,000+ Birmingham MI home and saw a huge great dane staring at me from the living room. Apparently I excited him because he peed right where he stood.
To read the rest of the story, please visit miOaklandCounty.com
photo of Gus by SFSteve
For more up to the second news about the Metro Detroit/Southeast Michigan real estate market, visit miOaklandCounty.com or Call Maureen at 248.961.0801