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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 [...]

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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 [...]

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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 [...]

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RealtyTimes covers a new resource that will help people with low credit scores obtain alternative credit scores based upon timely payments to landlords, utilities, cable companies and other recurring accounts not included in national credit bureau files. This could help buyers obtain more favorable rates and terms. Full article is here. Written by Maureen Francis [...]

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Yesterday Realty Times published good article about dealing with the slower market. M. Anthony Carr contends that a credit from the seller to the buyer at close, packaged well, can go along way toward closing the deal, more so than a price reduction. He bases his assertion on the notion that a price reduction only [...]

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Over the next few days we’ll be completing our local real estate market updates for September 2005. We’ve been looking for ways to improve integration of our market activity reports into our web site. A newsfeed has just been added that places the latest Oakland County real estate news from our blog directly onto the [...]

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It is an annual tradition for us to volunteer at the Birmingham Lion’s Club Run for the Blind. Dmitry is usually out on the course directing runners. Look for us at the T-Shirt Booth before the race, and after the race we’ll be there to cheer on everyone at the finish line. Hope to see [...]

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Birmingham Market Statistics though September 7, 2005 For the 416 listings currently on the market: Avg List Price $900,184.00 The Median Price $4,312,000.00 The Highest Price $8,499,000.00 The Lowest Price $125,000.00 For the 34 listings currently pending sale: Avg List Price $724,100.00 The Median Price $1,584,450.00 The Highest Price $2,999,000.00 The Lowest Price $169,900.00 250 [...]

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This poem about a reluctant real estate buyer is funny. We haven’t run across too much poetry about our profession. I guess it does not inspire many poets! Take a look and have a laugh! Written by Maureen Francis Visit WebsiteSearch for homes in Oakland County

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Hey, Dmitry and I are in on the ground floor of the Real Estate Blog Squad, which just got coverage in Business Week. A group of bloggin’ Realtors have banded together and united in our efforts. Written by Maureen Francis Visit WebsiteSearch for homes in Oakland County

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If you haven’t read the Dr. Seuss classic, Oh, The Places You’ll Go, do get a copy. Its a great graduation gift, and a story that has intergenerational appeal and a message for anyone starting something new. This weekend we will send our friends, the Lotito family, off to Thailand for a 3 year assignment [...]

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