Saturday, June 28, 2008
14720 Susanna Livonia MI Open Sunday
Castle Gardens - We invite everyone to visit our open house in Livonia at 14720 Susanna this Sunday, June 22 from 1:00 PM to 4:00 PM.
From a new cherry and granite Kitchen to over 700 square feet of finished living space in the lower level, this totally renovated Castle Gardens brick ranch shows like a model home!
Property information -- $192,900
South of 5 Mile/West off Newburgh on Lyndon
From a new cherry and granite Kitchen to over 700 square feet of finished living space in the lower level, this totally renovated Castle Gardens brick ranch shows like a model home!
Property information -- $192,900
South of 5 Mile/West off Newburgh on Lyndon
Leasing Market Heats Up
As lenders have tightened up credit in the wake of the foreclosure fallout, many people are finding they can no longer afford to buy a home resulting in rents rising around the area.
For example, a condo I listed last year leased for $1,400/month while this year they are getting $1,550/month. Many of the first time buyers I'm working with are telling me they are buying because it's cheaper than what they'll pay when their lease is up. If you'd like to check out whether you can buy, give me a call.
If you plan on moving out of the area in the next 2-3 years, it's likely leasing may make the most sense. Here are a couple of properties listed for lease to check out:
11667 Morgan, Plymouth
3 bedroom, 1 bath Plymouth Ranch with 2 car garage and fenced yard
$1,200/month
42661 Faulker, Novi
3 bedroom, 2.2 bath Novi Cape Cod with gourmet Kitchen, finished basement and 2 car garage
$2,300/month
For example, a condo I listed last year leased for $1,400/month while this year they are getting $1,550/month. Many of the first time buyers I'm working with are telling me they are buying because it's cheaper than what they'll pay when their lease is up. If you'd like to check out whether you can buy, give me a call.
If you plan on moving out of the area in the next 2-3 years, it's likely leasing may make the most sense. Here are a couple of properties listed for lease to check out:
11667 Morgan, Plymouth
3 bedroom, 1 bath Plymouth Ranch with 2 car garage and fenced yard
$1,200/month
42661 Faulker, Novi
3 bedroom, 2.2 bath Novi Cape Cod with gourmet Kitchen, finished basement and 2 car garage
$2,300/month
Increased Sales But Half Are Foreclosures
Realcomp, our local and Michigan's largest Multiple Listing Service, released the latest sales figures recently indicating a 12.7% year to date increase in sales over last year for the entire MLS.
Although the number of homes on the market has declined an average of 7%, more the half the homes sold in May were foreclosures.
The good news is that Michigan has dropped to 5th in the nation in foreclosures, many homes are now priced to sell, and interest rates are still at historic low levels.
A particularly good bargain right now are HUD homes. They are currently offering buyer incentives of only $500 down and $2,500 at closing if you're buying the property as a principle residence. These incentives are valid through the end of September so if you know someone who has been thinking about taking the homeownership leap, now is definitely the time.
For those of you thinking about buying for investment, now is also a great time to expand your portfolio. There are lots of really great deals out there.
Although the number of homes on the market has declined an average of 7%, more the half the homes sold in May were foreclosures.
The good news is that Michigan has dropped to 5th in the nation in foreclosures, many homes are now priced to sell, and interest rates are still at historic low levels.
A particularly good bargain right now are HUD homes. They are currently offering buyer incentives of only $500 down and $2,500 at closing if you're buying the property as a principle residence. These incentives are valid through the end of September so if you know someone who has been thinking about taking the homeownership leap, now is definitely the time.
For those of you thinking about buying for investment, now is also a great time to expand your portfolio. There are lots of really great deals out there.
Monday, June 23, 2008
42516 Lake Success, Northville MI Open Sunday
Highland Lakes - We invite everyone to visit our open house at 42516 Lake Success Drive this Sunday, June 29th from 1:00 PM to 4:00 PM.
This 2 bedroom, 1.1 bath condo features an updated Kitchen, spacious bedrooms, renovated bathrooms, and partially finished lower level. Come check out the many wonderful amenities this community has to offer!
Property information - $112,900
West of Meadowbrook, South off 8 Mile on Silver Springs, Right on Lake Success
West of Meadowbrook, South off 8 Mile on Silver Springs, Right on Lake Success
Friday, June 20, 2008
14720 Susanna Livonia MI Open Sunday
We invite everyone to visit our open house in Livonia at 14720 Susanna this Sunday, June 22 from 1:00 PM to 4:00 PM.
From a new cherry and granite Kitchen to over 700 square feet of finished living space in the lower level, this totally renovated Castle Gardens brick ranch shows like a model home!
Property information -- $192,900
South of 5 Mile/West off Newburgh on Lyndon
South of 5 Mile/West off Newburgh on Lyndon
Thursday, June 19, 2008
345 Roe St | Plymouth MI Just Listed For Sale
Shows Like A Pottery Barn Model With Hardwood Floors, Jacuzzi Main Bath, Separate Library; Huge Deck,1 Car Garage Turned Into Family Room But Room For Tandem (2 car) Garage If Desired, Fenced Park-like Yard on Quiet, Dead End Street and Walk to Downtown Plymouth!
Property information ~ 2,019 sq. ft., 3 bedroom 1 bath "Victorian" ~ $234,900
14720 Susanna | Livonia MI Just Listed For Sale
The "WOW" factor! Totally Renovated From The New Cherry and Granite Kitchen To Over 700 s.f. of Finished Lower Level Living Area With Full Bath. Travertine Marble in Kitchen & Baths, 6 Panel Doors, Sprinkler System, Huge Deck, New Electrical, C/A, Roof, Furnace - Just A Must See!
Property information ~ 1,005 sq. ft., 3 bedroom 2 bath, ranch ~ $192,900
Wednesday, June 18, 2008
47153 Dunsany Northville MI Open Sunday
We invite everyone to visit our open house at 47153 Dunsany this Sunday, June 22nd from 1:00 PM to 4:00 PM.
This totally updated 4 bedroom, 2.1 bath "Pottery Barn" Colonial sits on a beautiful half-acre wooded lot.
Property information - $265,900
East of Beck, North off 8 Mile on Lanthorn, Left to Dunsany
This totally updated 4 bedroom, 2.1 bath "Pottery Barn" Colonial sits on a beautiful half-acre wooded lot.
Property information - $265,900
East of Beck, North off 8 Mile on Lanthorn, Left to Dunsany
Tuesday, June 10, 2008
42661 Faulkner | Novi, MI 48377
This Camden Court Cape Cod Features Tons of Upgrades Throughout Including Gourmet Kitchen With 42" Maple Cabinet & Granite Counters, Rich Hardwood, Spacious Master w/Glamour Bath, Beautifully Finished Lower Level For Entertaining With Half Bath & Lots of Storage Plus Trex Deck and Paver Patio ~ Also Available For Minimum 2 Year Lease @ $2,300/mo
Property information -- 2,223 sq. ft., 3 bdrm, 2.2 bath -- $288,900
Property information -- 2,223 sq. ft., 3 bdrm, 2.2 bath -- $288,900
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