miOaklandCounty.com

Today’s Oakland Press features an article on a housing boom in Pontiac. Though the city has a high percentage of rental homes, a shift to ownership has begun.
From the Oakland Press, “One of the main forces shifting the housing balance toward homeownership in Pontiac in the past eight to 10 years has been the reappearance […]

Not long ago, I complained about high cable rates and the lack of choice that we have in service. In Beverly Hills, where we live, Comcast has a monopoly on cable and broadband internet service. I find it frustrating that other local communities have WOW, which is more affordably priced than Comcast.
Today I came across […]

Yahoo News featured an article that covers tax deductions for home equity lines and luxury homes. Its worth a few minutes of your time if you have a large home equity line, vacation home or a luxury home. Here is the full article.
Here are a few of the highlights…
“Home equity loans are a thorny area. […]

We just received a notice from First American, a company that provides home warranties, notifying us that rates are going up in January because of new federally regulations that mandate higher energy efficiency standards for air conditioners. They say that the retail cost for the new systems will be going up by 30 to 60%!
If […]

Moving to Birmingham or Rochester Hills or anywhere else in Oakland County? I just found a cool salary comparison tool on Realtor.com that allows you to compare your salary needs in different cities. Its free!
Visit www.oakland-county-homes.com for more info for homeowners.
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Written by Maureen Francis
Visit WebsiteSearch for homes in Oakland County_____________________________________________________________

Who wins in a real estate market downturn?
Perspective: Many lose, but some win when housing market slows
Friday, October 07, 2005
From Inman News
If the housing market turns south, a lot of people will lose: homeowners, investors and real estate professionals, to name a few. But a lot of people would benefit from a slower real estate […]

In the wake of Hurricane Katrina, Realty Times reminds homeowners to re-evaluate their homeowners’ insurance policies to make sure that they have adequate coverage.
“According to Marshall & Swift, an expert in building costs, nearly six out of every ten homes in Louisiana are underinsured. Similarly, the Los Angeles-based firm says almost 60 percent of all […]

Call me a nerd.
I love to watch city/village council meetings on public access television. Though we live in Beverly Hills, I watch both Beverly Hill and Birmingham meetings, the Cable Board, Planning Boards and whatever else they broadcast on Comcast Channel 15. I even watch some Bloomfield Hills school board meetings, though our daughter is […]

There are currently 618 homes on the market in the City of Bloomfield Hills and surrounding Bloomfield Township.
For the 618 listings:
Avg List Price $1,083,832.00
The Median Price $699,450.00
The Highest Price $14,750,000.00
The Lowest Price $119,900.00
The Average Market Time 114
60 homes are under contract as of 10/03/05
For the 60 listings:
Avg List Price $788,470.00
The Median Price $542,900.00
The Highest Price […]

There are currently 575 single family homes on the market in Troy, MI.
For the 575 listings:
Avg List Price $348,476.00
The Median Price $299,900.00
The Highest Price $1,199,000.00
The Lowest Price $119,000.00
The Average Market Time 79
68 homes are pending sale.
For the 68 listings:
Avg List Price $366,130.00
The Median Price $339,900.00
The Highest Price $949,000.00
The Lowest Price $149,900.00
The Average Market Time 74
471 […]

There are currently 560 single family homes on the market in Royal Oak.
For the 560 listings:
Avg List Price $238,179.00
The Median Price $203,450.00
The Highest Price $1,489,000.00
The Lowest Price $109,900.00
The Average Market Time 75 days
79 Homes are under contract
For the 79 homes under contract:
Avg List Price $213,662.00
The Median Price $189,900.00
The Highest Price $749,900.00
The Lowest Price $93,900.00
The Average […]

“Sellers should not be afraid to disclose known problems in their house. It is better to disclose now, than be hit with a lawsuit by the buyer after he discovers not only that there are defects in the property, but that the seller knew — or even should have known — of before the property […]