Market Updates

Good things happened last year in the Village of Beverly Hills Michigan real estate market. While the number of homes sold remained basically unchanged with 167 homes transacting, average prices headed up to $214,585 in 2011, an 8.9% improvement over the average price of $197,066 in 2010. Also improving was average days on market, with [...]

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2011 has been a better year for residential real estate sales in Beverly Hills than 2010.  We’ve seen increasing prices and a shorter market times. The average sold price has risen 6.6%, from $195,500 to $208,000.  Average Days on Market has fallen from 100 days to 96.  The number of sales in the first half [...]

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Download December 2010 Oakland County Real Estate market statistics. Written by Maureen FrancisSKBK Sotheby’s International Realty, 248.430.4450 Visit WebsiteSearch for homes in Oakland County

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February sales for residential properties in Oakland County increased 25 percent over the same month last year; in Macomb County, the increase was 6 percent. Listings decreased in both counties (by 15 percent in Oakland and 6 percent in Macomb), but while Oakland posted a sales volume increase of 45 percent, Macomb’s sales volume dipped [...]

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Gary Keller, one of the country’s top brokers and author of best-selling book “Shift:  How Top Real Estate Agents Tackle Tough Times” was on ABC’s “Good Morning America” last week.   Mr. Keller gave his opinion on how to increase your chances of selling in this market. Selling Your House in a Down Real Estate Market [...]

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As I head to Florida for a much-needed vacation and annual Spring Training game (Go Tigers!!!), I leave you with an excellent Q & A reblogged with permission from my staging colleague Cindy Bryant of Redesign Etc, Inc. in Houston, TX.  Her post on Active Rain is spot-on and truly reflects the most common questions [...]

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Realty Times recently published an article titled “What’s In, What’s Out With Home Buyers in 2009?” . Author Mark Nash gives a rundown of how the real estate market may look this year and what he feels buyers are looking for. While Mr. Nash makes some very valid observations, I must take issue with a [...]

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From the doom and gloom we are hearing around town these days, I bet most Michiganders would be surprised to know that RealtyTrac said we were 5th in foreclosures in November.  1 in 309 Michigan homes is in foreclosure, compared to the nation’s leader, Nevada, where 1 in 76 homes is in foreclosure. A few [...]

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Image via Wikipedia Would you be surprised to know that a house in Metro Detroit sold for nearly $10,000,000 this summer?  That’s a whole lotta cash, by just about anyone’s standards.  According to information from Realcomp II, 21000 Turnberry Lane in Novi, sold for $9,800,000 in August.  It wasn’t even officially on the market when [...]

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This GOOD REAL ESTATE NEWS just in from Metropolitan Consolidated Association of Realtors. Note the great numbers in Bloomfield Township: Home sales again increased in both Oakland and Macomb counties compared to figures from last year. In Oakland, sales rose 23 percent; in Macomb, they rose 26 percent. Affordability helped make Southfield Oakland’s top-selling municipality: [...]

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I just ran a complete search of home sales in Birmingham MI for the first three quarters of 2008. There were 243 home sales (225 sold, 18 pending sales) between January 1st and September 30th, 2008. I decided to create a pdf file so that readers could take a look at these sales themselves. Statistics [...]

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