Home > Blogs > Missy Caulk > Ann Arbor and Saline Michigan Real Estate

Why the Media is WRONG in Ann Arbor, MI.

By Missy Caulk

Real Estate Broker/Owner with Missy Caulk TEAM

November 29, 2007 12:49 AM

This is why the media is wrong......in Ann Arbor, MI. and I suspect YOUR market area's too.

You've got mail ! Here is an email I got from one of my Buyer Agents yesterday in Ann Arbor, MI. Besides this update she has 3 pendings.

XXXXX wrote again tonight, fax it tomorrow. The house is in Fenton, its closer to his work than anything else we have looked at. 185k with 3 back, but the home is listed at 200k and its Sev is 139k. They can only go up to 188k comfortably. I doubt it will fly but doing my very best to make it happen. They want to be in before Christmas and if this one doesn't fly that won't happen.

XXXX AND XXX are coming into town this weekend but there is nothing new to show them and they don't have that big of an interest in Overbrook because of the road. They talked about the crappy market and I reminded them that it was only good news for them as buyers. I just need to find a house that peeks their interest enough to do anything.

XXXX will be closing on Feb 26.

XXXX has headed to her credit union and should be actively looking first of January.

XXXXX is still on the hunt for a house under 100k, we go out tomorrow (again, ugh) She made an offer on one on Huron River drive but it had a better offer with no contingencies, and it was too questionable for her to do that. No way.

XXXXX AND XXXX are also active and under 100k. But notta yet on either of them either.

XXXX off of Tiger Lead was a renter who is now going to buy and thru me/us, but its dependent on when she gets transferred to the prison near Milan and she wants to purchase in Milan. It will be shortly after Christmas that she wants to start looking (better idea when the transfer will happen). ( She is not going to prison, she works at the prison )

My head hurts. (thought that was relevant)

Peace. XXX

Pretty busy for almost December in Ann Arbor, MI. (and 15 degrees today). I negotiated 3 leases yesterday for people who could not sell. Two close today.

Buy NOW in Ann Arbor, MI One other Buyer Agent also wrote an offer Friday and did contractors inspection yesterday, closing before Christmas.

If you are looking for a home in Ann Arbor or Saline Michigan this is a FANTASTIC time to buy.

Agents: What we get sold and pending now will be the great start of a great year for January 2008 !

Oh did I say this particular Buyer Agent has only been a Realtor since last January.

Buyers feel free to start your home search here.

Comments(47)

Comment

Show All Comments Sort:

Margaret Woda

Long & Foster Real Estate, Inc. - Crofton, MD

Maryland Real Estate & Military Relocation

'Looks like you're not taking off for the holidays! 'Glad to hear the press is wrong in Ann Arbor!

Nov 29, 2007 10:27 AM

Missy Caulk

Missy Caulk TEAM - Ann Arbor, MI

Savvy Realtor - Ann Arbor Real Estate

Ryan, you are absolutely correct. We pay tons here in Ann Arbor, I don't use print media anymore.

Jason, Ok I will you take it on line and then it gives you the results.

Leigh, :)

Bryant, buyers rule right now. Why don't you have a buyer agent to show your homes and hold OPEN houses. Maybe I'll move to Florida and be yours. :)

Ricardo, LOL Your right never a dull moment. Especially now with us hiring a new coach. It is dominating the talk radio shows.

Nov 29, 2007 10:30 AM

Susie Roscoe

Signature Realty Associates - Brandon, FL

Real Estate Specialist | Brandon, FL

Terrific Post Missy!! I loved the read...loved that the media is WRONG and loved that your buyers' agent is thriving in a down market! Wahhooo for you!! And Brrrr too!!

Nov 29, 2007 10:32 AM

Teri Eckholm

Boardman Realty - White Bear Lake, MN

REALTOR Serving Mpls/St Paul North & East Metro

Missy--This is GREAT news!! That is probably why the media isn't mentioning it! :)

Nov 29, 2007 11:13 AM

Faina Sechzer

Henderson-Sotheby's International Realty - Princeton, NJ

Real Estate Expert - Princeton, Montgomery ,Hopewell, NJ

Missy -you guys are on fire. This is very impressive -it could be an indication of a better market, or that you guys have the whole market all by yourself:) Good luck on all the deals.

Nov 29, 2007 11:37 AM

Missy Caulk

Missy Caulk TEAM - Ann Arbor, MI

Savvy Realtor - Ann Arbor Real Estate

Susie, yea it is soooooooooooooooo cold here.

Teri, of course it is that and the hundreds of other Realtors who are having a great year.

Faina, Ha, well not quite having the whole market, but we are busy and for that I am very very grateful. :)

Nov 29, 2007 12:01 PM

Bryant Tutas

Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL

Selling Florida one home at a time

Missy I do have a BA. She's half way through a months vacation in Vegas!!!! I actually have a network of agents that I refer buyers to. I've been doing this for years. The advantage is they now love to sell my listings. It's a pretty good system. Builds a ton of goodwill with my peers.

Nov 29, 2007 12:41 PM

Katerina Gasset

The Gasset Group & Get It Done For Me Virtual Services - Provo, UT

Amplify Your Real Estate & Life Dreams!

Missy- It is what you make of it no matter what the market is. Homes get sold in all markets good or bad. It is ground zero down here but we are still selling houses! We are still listing houses! We are rainmakers and that is all that matters. The only thing that has changed is that all our buyers agents quit real estate and we have to show buyers homes because they are referrals that want to work direct with us. In this market I tell agents you even have to work rentals to pay the bills, then that is what you do! Katerina

Nov 29, 2007 01:23 PM

John Occhi

AZ Veteran Notary Services - Marana, AZ

Mobile Notary Public/Certified Loan Signing Agent

It really is crazy how some people can make lemonade out of the lemons and others can't get past the rind. I personally am having a great year and a great end of the year. I now have over 20 listings and may have 25 before long.

So, if yo are going to complain, get out of my way and let me have your client list - I'll show you how to make a lemonade stand from your list!

Now Have a Blessed Day,

John Occhi, Hemet REALTOR®
Mission Grove Realty

Nov 29, 2007 03:29 PM

Kris Wales

Keller Williams Realty - Lakeside Market Center - Macomb, MI

Real Estate Blog & Homes for Sale search site, Macomb County MI

I was having an email conversation with a client yesterday and she brought up a news story that rubbed her the wrong way. (Entirely negative) I sent her a link to this article you wrote and she loved it. It reinforced for her, and for me and others that there *are* positive things happening and that the media needs to listen to those of us out in the trenches every day, as your buyers agents obviously are.

Missy, thank you for putting the word out. If we all do this, perhaps the media will pick up on it and try to somewhat balance the "crisis" mentality of reporting.

Nov 29, 2007 07:59 PM

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Missy, I have seen good signs in our area as well. I wonder when the media will start reporting the good things rather than the bad news.

Nov 29, 2007 09:49 PM

Missy Caulk

Missy Caulk TEAM - Ann Arbor, MI

Savvy Realtor - Ann Arbor Real Estate

Bryant, that is great. Didn't know you had one.

Katerina, I have done 3 leases this week. We do what we have to do.

John, Fantastic !!

Kris, awesome, is she going to start blogging ?

Gita, I'm NOT holding my breath.

Nov 29, 2007 11:15 PM

Lysa Napolitano

Daytona Beach, FL

Missy, today it is foggy with a forcast high of 75, however I can wait until tomorrow and package sun and our forcast high of 80?

Nov 30, 2007 12:57 AM

James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes

Real Living | At Home - Washington, DC

When Looking to Buy or Sell - Make the Right Move

Oh the Media KILLS me; or rather I would like to kill them. Real Estate is L O C A L !!! Very local sometimes. DC is 61 square miles (not THAT big) but differnt parts of the city places will sell in days compared to weeks or months.

Glad Biz is good for you!

Nov 30, 2007 01:42 PM

Stefan Scholl

Buyer's Broker of Northern Michigan, LLC - Petoskey, MI

Northern Michigan Real Estate

I have seen a good amount of activity here in Northern Michigan as well recently, now that sellers and banks have seemingly gotten realistic about pricing.

Nov 30, 2007 06:29 PM

Marey Hoeppner

Kalamazoo, MI

Your Success Is Our Goal!

Missy, I hear that alot over in this area as well, seems to be every where. Don't they realize spreading negativity just brings negativity, whatever happened to staying positive. It will pick up it always does. Sometimes things have to fall a little to come back better than they were before.

Nov 30, 2007 07:43 PM

Vanessa Stalets

RE/MAX Elite - Brentwood, TN

REALTOR, Brentwood TN Homes, Real Estate

Missy- Sounds like you are running pretty well up there! Mayhap you won't ever relocate to the South again...Glad it is going well!

Nov 30, 2007 11:06 PM

Missy Caulk

Missy Caulk TEAM - Ann Arbor, MI

Savvy Realtor - Ann Arbor Real Estate

James, same thing here, some area's are selling fine, never experienced a slump. Some area's where the builders over-built and you have the most foreclosures and hense prices have come down.

Stefan, same thing in Southern Michigan, now we are on the opposite........convencing buyers the home is "priced to sell" and them still wanting to make ridiculous offers.

Maey, yes correct

Vanessa, nahhhh the market here is still a buyers market and your still in a OK market. I follow it all the time and have listings sent to me, I do see some reductions and then they sell.

Nov 30, 2007 11:12 PM

Beth Anderson

Goedert Real Estate - Tecumseh, MI

Realtor - Tecumseh / Lenawee County

Missy~ Buyers waiting for a bottom are going to miss out on this wonderful market. I am putting people into homes they could never have purchased a few years ago, thanks to the lowered pricing. I tell them how jealous I am of their getting to take advantage of these times.

I had no idea that homes in the Ann Arbor area could be found now for $100,000 or less, thats amazing. But, in Tecumseh 4 years ago you couldn't find a fixer-upper for under $100,000, now I can take buyers to repos that are in the 60s, 50s and even one in the 40s, times they are a changing and they will change back again, so stike while the iron is hot buyers!

Dec 01, 2007 01:51 AM

Missy Caulk

Missy Caulk TEAM - Ann Arbor, MI

Savvy Realtor - Ann Arbor Real Estate

Beth, yes for the first time in I can remember Ann Arbor is affordable and it has really hurt our outlying areas.

Gary, LOL

Dec 01, 2007 06:37 AM