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October 2009 Ann Arbor Home Sales Report
October 2009 comparative analysis shows an average sales price drop of 7.4% over October 2008. The Year to date average sales price drop improved over the past 60 days by +2.3%. (From -17.8% in August to -15.5% in October). Also notable in October is an 11.2% increase in unit sales over October 2008. This is primarily attributed to the First Time Home Buyer Tax Credit. Here are the latest statistics from the Ann Arbor Board of Realtors. These numbers are for Single Family Homes (SFH) Residential, and do not include condominiums:SFH Listings in October 2008: 655SFH Listings in October 2009: 502Decrease: 23.4%SFH Sales October 2008: 249SFH Sales Octo
Top 5 Home Improvement Projects Based on Cost & ROI
HomeGain.com, one of the first websites to offer Web-based free instant home values, announced that it has released the results of its nationwide home improvement and home staging Home Sale Maximizer survey. HomeGain’s recent survey shows the top do-it-yourself home improvements that Realtors recommend to home sellers. HomeGain received responses from nearly 1,000 Realtors nationwide and configured a list of the top 12 do-it-yourself (DIY) home improvements that cost under $5,000 and benefit sellers most when they sell their homes. According to the HomeGain survey, the top five home improvements that Realtors recommend to home sellers based on cost and ret
10 Cities Where Home Prices Are Improving
Ten cities with improving home sales market conditions from Forbes.com, sourcing the Schiller/ Case Price Index:1) Minneapolis2) San Francisco3) Detroit4) Chicago5) Phoenix6) San Diego7) Los Angeles8) Washington DC9) Denver10) SeattleCLICK HERE for the full atricle.
Ypsilanti City Wide Open House is Almost Here!
The City of Ypsilanti, MI, in partnership with Eastern Michigan University, Michigan State University Extension, SPARK East, local businesses and local Realtors are taking the traditional Open House concept to a new level, hosting the first City Wide Open House this Saturday, Oct. 31, 2009.I'm excited to be a part of this. The event was organized by P.J. Moffett, one of my associates here at Real Estate One. This has been her brainchild for a couple of years, and she along with her team, have put in a lot of long hours to make this event a success. P.J. calls it: "A true demonstration of partnership. We will display Ypsilanti's finest in education, homes and community spirit."
September 2009 Ann Arbor Home Sales Report
September2009 comparative analysis shows an average sales price drop of just 2.9% over September 2008. This is an average sales price improvement of +7.5% over the prior month (August - August) comparison. The Year to date average sales price drop improved from -17.8% in August to -16.1% in September. Also notable in September is an 8.1% increase in unit sales over September 2008. Here are the latest statistics from the Ann Arbor Board of Realtors. These numbers are for Single Family Homes (SFH) Residential, and do not include condominiums:SFH Listings in September 2008: 633SFH Listings in September 2009: 533Decrease: 15.8%SFH Sales September 2008: 244
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