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Metro Detroit Real Estate Market update

By
Real Estate Agent with Real Estate One 6501304423

I was searching Redford real estate for a client today and I found that there were 98 homes for sale in Redford Michigan under $50,000.  Sure they may not be in the best of shape or a great home but a few years ago you couldn't hardly find a home in Redford MI for under a $100,000. 

In the $50,000 - $100,000 range there are 360 Redford homes for sale .  360  unbelivable!  I just helped a client find a nice 900 square foot brick ranch for $68,000.   That was a pretty good bargain.  It need some paint and some carpeting.  I have seen some completely updated homes that were only $80,000.

So when you are shopping for Redford homes for sale you can find some good deals out there.  Metro Detroit homes are selling so if you find one that you like put an offer in on it.  It is not uncommon in this spring real estate market of 2008 to see multiple offers on some of these foreclosures.  Some of them are even selling for full price.

But be careful on homes with water damage and be sure to ask your realtor for comparables of recently sold homes to help you make a sound decision 

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Real Estate One

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Barry Bridges
Barry Bridges Weichert Realtors Bridges & Co. - Smith Mountain Lake, VA
Lake professional

WOW!! I left Redford Township about 40 years ago it was on Acacia off Telegraph rd and we got 40,000 for our home then.

May 29, 2008 10:49 AM
Tom Davis
Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today ! - Dover, DE
FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor

Always interesting to hear updates from other areas!

Tom Davis

DE Realtor

May 29, 2008 11:27 AM