michigan real estate: Selling during the holidays - 12/11/19 12:31 PM
I have heard that selling a home during the holiday season is considered the worst time to put a house on the market. Don't let the thought of selling your home during this festive season dampen your holiday spirit! There are reasons that selling during this season has its advantages:
 
Holiday buyers tend to be more serious and your competition is less fierce with fewer homes on the market. Just decide if you really need to sell? If so, here are a few tips that I have discovered.
 
                  Holiday homes look their best!
Often homes look their best during the holidays, … (0 comments)

michigan real estate: Oakland County Michigan Days on Market Decreases in October 2016 - 11/15/16 09:58 AM
Average Days On Market in Oakland County Michigan decreases 7.3%
The average days on market for real estate for sale in Oakland County Michigan, decreased in October 2016, to 38 days. from 41 days in 2015.
The median sales price increased 10.5% over last year from $195,000 to $215,500.*
*This data provided by Realcomp MLS.  
 
If you would like more detailed information about current sales in Metro Detroit Michigan, feel free to call or contact David Elya
Thanks!
David Elya ABR, CRS, GRI, e-PRO, SFR
Broker Owner
BROOKVIEW REALTY
248-652-7000
586-286-3283 Direct Line 
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(1 comments)

michigan real estate: Great real estate news in Southeast Michigan - Median Sales Prices Up - 11/25/15 04:44 AM
Median Sales Prices Up in October 2015
Real estate sales prices hit a 10 year high across Southeast Michigan.
October 2015 real estate sales in southeast Michigan are up compared to a year ago.Macomb County Michigan is still considered a good value. 
  Read the full report here
 
             
 
For the most current real estate updates, contact David Elya. We service the Macomb and Oakland County areas.
If you would like more detailed information about current sales in Metro Detroit Michigan, feel free to call or contact David Elya
Thanks!
David Elya ABR, CRS, GRI, e-PRO, SFR, RES.NET Certified Agent
Broker Owner
BROOKVIEW REALTY
248-652-7000
586-286-3283 Direct Line 
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(0 comments)

michigan real estate: Oakland County Michigan real estate sales up 13.9% in September 2015 - 11/04/15 07:56 AM
Oakland County Michigan real estate sales up 13.9% in September 2015 
More great news! The combined residential & condo sales summary in Oakland County Michigan were up 13.9% since 2014 and stands at 2,008 units according to new data released in October by Realcomp MLS. This compares to 1,763 units sold in 2014.
For the most current real estate updates, contact David Elya. We service the Macomb and Oakland County areas.
If you would like more detailed information about current sales in Metro Detroit Michigan, feel free to call or contact David Elya
Thanks!
David Elya ABR, CRS, GRI, e-PRO, SFR, RES.NET Certified Agent
Broker Owner
BROOKVIEW REALTY
248-652-7000
586-286-3283 Direct Line 
Like us on Facebook
 
   
 
(0 comments)

michigan real estate: Macomb Township Michigan building boom boosts recovery - 02/27/13 09:16 AM
Macomb Township Michigan real estate is booming with new construction once again. Read the full report that I was quoted in, in the Detroit News this week.
READ the story here
For the most current real estate updates, contact David Elya
If you would like more detailed information about current sales in Metro Detroit Michigan, feel free to call or contact David Elya
David Elya ABR, CRS, GRI, e-PRO, SFR, RES.NET Certified Agent
Brookview Realty
Broker Owner
248-652-7000

Like us on Facebook
(0 comments)

michigan real estate: Macomb County Michigan Home Sales are Up in October 2011 - 11/21/11 04:58 AM
Macomb County October 2011 real estate sales Macomb County Michigan Home Sales are Up in October 2011
According to data just released from REALCOMP MLS listings are down but sales are up in Macomb County Michigan
"This statistical information has been obtained from Realcomp, the REALTOR'S® MLS. Realcomp is Michigan's largest Multiple Listing Service. Although not guaranteed, these statistics are from data Realcomp believes to be reliable. This information is not to be reproduced, redistributed, or combined with data from other sources without expressed permission from Realcomp."
If you would like more detailed information about current sales in Metro Detroit Michigan, … (3 comments)

michigan real estate: Michigan Transfer Tax To Be Assessed Against Fannie Mae And Freddie Mac sales - 11/01/11 01:34 PM
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michigan real estate: What happened to the people who used to live here? - 07/07/09 12:21 AM
Recently I was showing a foreclosed property and found the only thing left in the stripped property was this chalkboard mounted in the basement. The message "It was fun" struck a chord with me.
How many times have you asked yourself, "I wonder where the past owner went". Wonder what happened to the people who used to call this house a home? Where are the children who used to swing on the swing set out back? Where did the children end up? Where are their friends and loved ones? Are they managing better now than when they lost the house to … (8 comments)

michigan real estate: Buy Michigan HUD homes with only $100 down and get $2,500 in closing costs! - 09/30/08 08:20 AM
Buy a Michigan HUD home with only $100 down and get $2,500 in closing costs!
Revised Owner Occupant Sales Incentive as of October 1, 2008$100 Down Payment Finance Option (FHA financing only)$2,500 Sales incentive (for properties with a purchase price $25,000 or greater)Beginning October 1st, 2008 all owner occupants (excluding HUD approved non-profit organizations, Good Neighbor Next Door participants, and units of local government) will receive $2,500 at closing for properties with a purchase price of $25,000 or more. The $2,500 sales incentive can be used for the following items (for offers accepted after 10/1/08): · Closing Costs
· Tax Pro-rations
(2 comments)

michigan real estate: ALJ Dismisses a Federal Trade Commission Complaint Against Michigan REALTORS MLS - 12/16/07 10:38 PM
Big NEWS! Congrats to REALCOMP II in this victory! This is a major victory for ALL REALTORS®!
ALJ Issues Initial Decision Dismissing Complaint Against Michigan Realtors' Group
Administrative Action Against Realcomp II, Ltd. Began in October 2006
In an initial decision filed on December 10, 2007 and announced December 13, 2007, Chief Administrative Law Judge (ALJ) Stephen J. McGuire dismissed a Federal Trade Commission complaint issued last year against a realtors' group in southeast Michigan, ruling that "upon review of the totality of the evidence . . . it is determined that Complaint Counsel has not met its burden" of demonstrating … (0 comments)

michigan real estate: New surcharge on Michigan businesses - 12/02/07 01:05 AM
Just before 5pm, Saturday December 1, 2007, the Michigan House of Representatives struck the final blow to the 6% service tax.
Negotiations between the legislature and the Governor stretched on into the early morning hours of December 1st on House Bill 5408, the repeal of the job-killing service tax and the replacement of the revenue through a surcharge to the new Michigan Business Tax (MBT).
The Michigan Association of REALTORS® again kept vigil through the night in an effort to ensure any outcome spread the replacement revenue more fairly over a wide range of businesses. The first incarnation of the surcharge … (1 comments)

michigan real estate: Michigan Senate Delays Implementation on Tax on Services - 11/01/07 11:35 PM
Breaking News:
Senate Delays Implementation on Tax on Services
The first press conference for Ax the Tax, which the coalition held today, November 1, 2007, was truly a success in getting the attention of the Michigan Senate. Following the press conference, the Senate voted and passed SB845 to delay the implementation date of the tax on services from the initial date of December 1 to December 20. It is also expected that the Senate tie-barred SB845 to SB838 that would repeal the tax on services. The Senate Finance Committee has a hearing regarding SB838 scheduled for next Tuesday, November 6.
The Michigan … (1 comments)

michigan real estate: MLS - The service built by REALTORS® for REALTORS® - 09/05/07 06:43 AM
Are you tired of paying MLS fees to more than one MLS?
Tired of inputting new listings into multiple MLS's?
Tired of searching one or more MLS's to find comparable properties for your CMA. Or having to perform multiple searches to locate the "right" property for your buyer client.
If so, simply urge your Broker to join only one MLS.
There is no economic reason to belong to more than one.
If you're a REALTOR®, encourage your Broker to only choose your local REALTOR® owned MLS.
The advantages of belonging to a REALTOR® owned MLS are many. Some of the benefits include:
Working with other REALTORS® who subscribe … (17 comments)

michigan real estate: Let the bidding wars begin! Does it still happen in your market? - 08/07/07 10:54 AM
Bidding wars on listings? Does it still happen?
I may have stumbled upon a new way to sell stagnant listings? I have this listing that was previously listed for $284,000, $279,900 and most recently for $259,900. The sellers never had an offer. The sellers paid for a bank appraisal just for kicks this week. Because of the declining market, it only appraised for $250,000.
The sellers stated they wanted to sell it and move on with their life. Their mortgage balance was under $125,000.
I suggested pricing it for a bargain price of $199,900. We mentioned in the MLS remarks that "The seller would take … (15 comments)

michigan real estate: Why aren't the Days on Market total displayed online? - 07/09/07 08:26 AM
Why aren't the active days on market (DOM) displayed on agent/REALTOR® public and IDX websites?
Is it because, like I recently heard from a top producer, "DOM information is the one last thing that we have that the public still needs us for!"? She mentioned "It is the thing of value" that she brings to the transaction.
In our local MLS, the DOM field is available to subscribers to view but NOT printed on the most important page, the buyer profile. Buyer brokers use DOM to assist in determining how low of an offer to prepare for the seller. Seems like … (16 comments)

michigan real estate: Michigan Legislature Passes Single Business Tax Relacement - 06/29/07 05:53 AM
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michigan real estate: Ditching "days on market" - 05/13/07 01:00 PM
Ditching "days on market"
Should the MLS remove this field from all listings?
    As a listing broker, I don't think the days on market (DOM) field should be captured, published and available on each active listing. In fact, the field should be immediately removed from all types of active listings posted on the multiple listing services (MLS).
    After all, shouldn't the MLS work in the best interest of you and your listing broker's client, the seller? Before buyer agency arrived, the DOM field wasn't as valuable to MLS users. All brokers and agents worked for the seller.
    To some, … (15 comments)

michigan real estate: How much is that doggie in the window? How long has he been for sale? - 03/20/07 12:28 AM
How much is that doggie in the window? How long has he been for sale?
Why do we cage our seller in when we list their property on the MLS? Would our sellers bite us if they knew? I think they would bark if they read the listing and questioned us. I, as a REALTOR®, am tried of rolling over on this issue.
The issue that I find harmful to our sellers is displaying their confidential days on market. The role of the REALTOR® is to work to promote the best interest of their client, the seller (Article 1 of the code of … (10 comments)

michigan real estate: What if we remove the "Days on Market" field from all MLS listings? - 03/09/07 12:48 PM
What is the value of showing/knowing the days on market of a particular listing? 
I am not sure if the days on market field should be captured and published on each listing?
I am starting to believe that the days on market field should be totally removed from all types of listings posted on the MLS, immediately.
A few of the important reasons are as follows
•    Would any MLS exist without listings?
•    The "L" in MLS stands for Listing.
Shouldn't the MLS work in the best interest of our client the seller?
Would there be any buyer brokers using the MLS, if there weren't listings?
•    Why does the MLS … (39 comments)

michigan real estate: "Days on the Market" should be removed from all listing displays - 03/06/07 10:58 PM
Can any MLS exist without Listing Brokers?
Refresher: What does the acronym MLS stand for? Multiple Listing Service.
Is your MLS working for the best interest of the seller by posting the number of days the sellers property has been on the market?
Question: What came first? The chicken or the egg? I say the chicken. The chicken I speak about is the Listing Broker. The egg is what the Buyer Broker gets when they sell a listing posted on the MLS.
Would any MLS exist without Listing Brokers? I say NO!
What would happen to your MLS if there were … (5 comments)

 
David Elya, ABR, CRS, e-PRO, GRI, SFR - Associate Broker (BROOKVIEW REALTY)

David Elya

ABR, CRS, e-PRO, GRI, SFR - Associate Broker

Rochester, MI

More about me…

BROOKVIEW REALTY

Address: 623 N. Main Street, Rochester, MI, 48307

Office: (248) 652-7000

Mobile: (586) 286-3283

Read the premiere Macomb County Michigan blog. David Elya is the full-time Broker Owner of BROOKVIEW REALTY in Rochester, Michigan. David is a licensed builder, specializing in single family, new construction, multi-family, condominium and vacant land in Oakland and Macomb County, Michigan.


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