clarkston mi real estate: Michigan Real Estate Market Update for July 2012
- 08/02/12 02:26 AM
The market is showing the same good news we have been seeing all year. The current housing recovery is riding on three core factors: low home prices, historic low interest rates and increased consumer confidence (i.e. a stabilizing Michigan economy). There has been a slight slowing in the pace of growth, which can be attributed to a combination of the time of year and decreasing consumer confidence. Of the three core factors, the economy/consumer confidence is the fuel for growth. We have had low prices and rates for over three years but it wasn’t until consumers became more confident of their … (0 comments)
clarkston mi real estate: Michigan Real Estate Update for June
- 06/14/12 11:06 PM
No new news is good news! The market continues its march upward. The Months Supply of Inventory continues to decline as sales are outpacing new listings coming on the market. Certainly, shaky economic growth news here and in Europe has caused some concerns, but at the moment it appears that the combination of low interest rates and values, along with a large base of consumers able to consume, will cause the housing market to be a key factor in keeping our economy going through this current dip. A nice role reversal for us! Based on current activity, we expect values to … (1 comments)
The first quarter County Market Reports are further proof of what we are seeing every day: Sales are picking up and inventory is getting scarce. Seven of the eight markets tracked showed sales unit gains over last year. Declining home inventories are moving all areas closer to a Seller’s Market, with many of the lower priced areas already crossing the Seller’s Market barrier (under three months of inventory). The vast majority of areas are sitting in a neutral market. When we examine those … (0 comments)
clarkston mi real estate: 1st Quarter Real Estate Sales from Clarkston MI Realtor
- 05/10/11 03:57 AM
We have included the results for the 1st Quarter of real estate sales in North Oakland County. This chart shows a comparison of sales in the 1st quarter of 2011 vs. 2010 for the following areas: Clarkston MI real estateWaterford MI real estateLake Orion MI real estateBrandon MI real estateHolly MI real estate
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Related Links:
Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate
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