Saginaw rental/sales market

By
Real Estate Agent with Keller Williams Realty 6502364184
Name:Heather Brownlee
Email Address:artbyheather04@yahoo.com
Subject:Saginaw houses
IP:64.146.232.67
Message:Hello Ray, I see that you are in Saginaw and I was curious if you have any resources to look at the rental/sales market for homes in east Saginaw. We currently own two houses there and are based out of state but are contemplating moving to make improvements to the houses and either renting them out or selling them.

 

Heather,

I have many resources for the sale and rental market in east or any other part of Saginaw Michigan. I post rental vacancies at http://SaginawRentals.com for Clients and friends who visit my website. I have also been a member of the Saginaw Landlords association since 1993.

Feel free to check my website at http://MBShomes.com for any listing in Saginaw, Midland or Bay City Michigan.

 

Comments (2)

Ethan Dozeman
Realty Executives Platinum Group - Grand Rapids, MI
Real Estate in Grand Rapids
How many foreclosures do you have in Saginaw?  In Grand Rapids, we are averaging 1 out of 10 or 11 that are in some form of foreclosure
Jul 25, 2007 03:26 PM
Anonymous
Ray Spitler- http://mbshomes.com

According to RealTrac, there are 702 bank owned properties for sale in Saginaw county. We currently have 2717 active listings. That would indicate a ratio of over 25% foreclosures.

However I believe many of the homes listed on RealyTrac are probably already sold or under contract as there are many investors and bargain shoppers picking the good deals up quickly. I have currently have two under contract right now.  They are just not being updated on their website very quickly. I would estimate the actual percentage between 10-15% foreclosures. Mny more are in the early stages or pre-foreclosure state.

We have had 498 sales in the last 90 days in Saginaw county, so it seems we have a 16 month supply of properties available overall.

You can check out the active listings anytime on my website at http://MBShomes.com

On a positive note, I am having my best year in sales so far. I hope it continues!

Best of luck to you.

 Ray Spitler, GRI, e-Pro
Keller Williams Realty, Saginaw, Midland, Bay City Michigan
http://MBShomes.com

 

Jul 26, 2007 12:20 AM
#2