Ann Arbor Area Board of REALTORS Market Report is showing signs of strong improvement in the sale of Vacant Land. As you can see in the chart below 2012 year-to-date totals for Vacant Land Sales have more than Doubled compared to year-to-date totals in 2011. Excellent news for builders as we look for new construction to emerge! For residential homes, average sale price this year to date compared to last year is up .08 percent and average sales price this month 2012 compared to this month in 2011 is up .2.28 percent. Another great indicator that the real estate market is stabilizing and showing signs of improvement is that the average sales price is up 23.6 %. The increase in average sale price is do in part to low inventory. Buyers are moving quickly to secure their new homes. Excellent... 05/30/2012

Market Trends: 5/10/2012   Ann Arbor Want Market Snapshot to Find out What Your Home is Worth? Total Properties Listed: 629      Month-Over-Month Change: +5.89%              Average List Price: $303,174         Month-Over-Month Change: -1.67%          Median List Price: $225,000     Month-Over-Month Change: +2.62% Typical Single-Family Home3 Bedrooms2.15 Baths$303,174 Average List Price$170/SqFt Average Price per SqFt. Average Price by Bedrooms: 1 Bedroom: $186,081 2 Bedrooms: $172,748 3 Bedrooms: $258,407 4 Bedrooms: $439,897 5 Bedrooms: $631,287 Top 5 Most Viewed Properties 315 Second St Unit 209 2 beds / 2 baths $344,500 2320 Walter Drive 4 beds / 1.5 baths $174,900 2729 Hampshire 3 beds / 2 baths $149,800 2765 Platt 3 beds / 2 baths $129,000 107 N Revena 2 beds / 1 baths $85,000 Ann... 05/10/2012

Cottonwood is a great community located alongside the Huron River in the popular Village of Dexter, Michigan. Constructed back in the late 1970′s, Cottonwood is nestled in a quieter part of Dexter alongside the Huron River, this development of 42 units offers two and four bedroom floorplans on 1.5 and 2 story units. The community is well maintained and manicured thanks to an active community association. Prices for units n Cottonwood are between $135,000 and $160,000 and have plenty of storage space thanks to a large attached garage. Living in Cottonwood means that you get the benefits of a country style setting in Dexter while having the bonus of being close to Ann Arbor. Parents will be delighted to know that their children in Cottonwood, Dexter near Ann Arbor, MI attend acclaimed Dex... 05/02/2012

Financing guidelines seem to change weekly. If your lender has not had this conversation with you yet, then read these 10 Commandment to avoid denial. (Not a river in the Nile). THE 10 COMMANDMENTS WHEN APPLYING FOR A MORTGAGE 1. Thou shalt not change jobs, become self-employed, or quit your job. 2. Thou shalt not buy a car, truck, or van (or you may be living in it)! 3. Thou shalt not use charge cards excessively or let your accounts fall behind. 4. Thou shalt not spend money you have set aside for closing. 5. Thou shalt not omit debts or liabilities from your loan application. 6. Thou shalt not buy furniture. 7. Thou shalt not originate any inquiries into your credit. 8. Thou shalt not make large deposits without first checking with your loan officer. 9. Thou shalt not change bank acc... 04/25/2012

Ann Arbor offers a unique lifestyle. To me it is like a mini Boston – very chic, home town, entertainmenet choices, dining, sports, friends and even fishing. Why would I ever leave? One reason – I would leave for more sunshine. Until then, I LOVE Ann Arbor, MI. Let us tour you around and help you with housing choices.   Kathy Toth Keller Williams Realty Ann Arbor info@kathytoth.com(734) 426-6669 From Ann Arbor Homes and Condos For Sale 04/18/2012

We have provided detail reports breaking down home sales by price ranges and absoprtion rates - showing how many months supply of homes we have.  If you are interested in Ann Arbor Real Estate Data, please visit: http://www.homesearchannarbor.com/ann-arbor-area-market-stats.html and you will get the data immediately. The Washtenaw County Market is improving and unemployment rates are 8.8 percent.  It is still a super time to buy Ann Arbor Real estate.  NAR said sales of national distressed homes -- foreclosures and short sales sold at deep discounts -- accounted for 34 percent of February sales, down from 35 percent in January and 39 percent in February 2011. In February, 1 in 5 existing homes sold had been foreclosed on and repossessed by lenders, and 14 percent were short sales.  Our ... 04/13/2012

Freddie Mac has new servicing rules that should not start until June 1, 2012.  Why are they being implemented now? Referencing Bulletin - Freddie Mac Bulletin-1207. So what is really going on? Here, in short, are the answers. Another Mortgage Industry Issue.  The National Association of REALTORS (NAR) is getting involved once again along with the Michigan Association of REALTORS (MAR) to get a clear understanding on the new policy brought forth by Freddie Mac.  A policy that should not get underway until June 1, 2012. At this point NAR is trying to get their arms around the immediate decision of lenders to cancel all of their Freddie short sale listings. The Freddie bulletin at issue came out on 13th of March and the new changes to their REO Rollback program are not set to go into effec... 04/03/2012

Go to http://www.howtogomo.com/en/d/ Answer a few questions and then learn what you can do to make sure you are ready for mobile leads.  We just went live with www.HomeSearchAnnArbor.com and need one more tweak to make it perfect.  How about you? According to the ATT annual report, mobile is a revolution and they expect more than 8x data traffic from today's levels, after increasing 20,000 percent in the last 5 years. Are you ready?  The consumers are there now. I hope this tool helps you assess your site.   04/03/2012

As always, this data is my interpretation of what was happening in the market on a given date and should be used with caution. That noted, here are recent findings for a property   The first grouping of data is a three year run of all sales in the Ann Arbor school district through the MLS, regardless of age, size, etc. this data indicates a rise from the first year of the data run to the second, then stability in the third year. The median sizes remained consistent, and number of sales per year was also relatively consistent with a small increase noted over the past couple of years. Overall, on average, there were 910 sales per year, which equates to 75.83 per month. As there are currently 293 offerings on the market not under contract (409 less the 116 under contract), based on histori... 03/23/2012

Buying a home in Ann Arbor can be like swimming with the sharks and one piece of meat is in the water. The market has shifted per my buddy Paula Gardner AnnArbor.com. Ask for the latest market report. We update the Ann Arbor Area market monthly and have a ton of requests from Sellers for this data. If you want to know hyper specific data in your Ann Arbor Area neighborhood, click here. One of our latest tools is the Mobile home search. From your phone go to www.HomeSearchAnnArbor.com and click on mobile on bottom right hand cornere and voila you have the button on your smart phone for mobile Washtenaw County home search. We are here to share our passion and rock and roll to assist you in achieving your Ann Arbor real estate goals. By the way, my husband, son and I were in the water scub... 03/14/2012

As an Ann Arbor Area real estate professional, I strive to keep in touch with clients and provide them with information that I hope they will find useful! This newsletter is an opportunity to let you know about the state of the market and current trends in Washtenaw County. It may even touch on ways that you could enhance your home’s value. I hope the market data and articles will help you with understanding real estate today and help you with your real estate decisions. If you have any questions, please do not hesitate to contact our awesome team! Ann Arbor Area Real Estate Sales Data Average Listing Price (last 12 months) Average List Price in February Single Family Homes $253,181 Condos/Townhomes $161,777 Multi-family Homes $372,166 03/07/2012

Existing-home sales rose for a third consecutive month, according to a January report by the National Association of REALTORS (NAR). Existing-home sales, which include recently purchased single family, townhomes, condominiums, and co-ops were up 5 percent from the previous month, to a seasonally adjusted rate of 4.61 million units. In total, 2011 existing-home sales were up 1.7 percent from 2010, and reached 4.26 million units sold. Lawrence Yun, NAR chief economist, believes the trend could point to a sustained recovery. “The pattern of home sales in recent months demonstrates a market in recovery,” he said. “Record low mortgage interest rates, job growth and bargain home prices are giving more consumers the confidence they need to enter the market.” YAHHHHHH! National inventory for ex... 02/29/2012

Some solutions if Your Ann Arbor Home You Are Buying Does Not Appraise? The first thing to do if the Ann Arbor home you are buying doesn’t appraise is to not panic. You are excited and have made an offer on a home for sale in Ann Arbor, and now you are in the process of obtaining financing for your new Ann Arbor home. The bank or mortgage broker is going to want an appraisal on your home to guarantee that the home is worth what you are paying. When we are representing buyers on a the purchase of the home in Ann Arbor, we write into the contract, “the purchase price must meet the appraised value of the home.” (even if you are paying cash.) In this market, seriously… many homes do not come in at the Purchase price on the contract for Appraised Value. How does a low appraisal affect you? I... 02/22/2012

8285 Jackson Road – Dexter Schools By Ann Arbor Real Estate Experts    8285 Jackson Road Ann Arbor, MI 48103  Dexter Schools Bedrooms: 3  Bathrooms: 1  Square Feet: 1,189 GREAT SHORT SALE OPPORTUNITY! THIS HOUSE IS PRICED TO SELL! THIS HOME IS A RANCH WITH AN EFFICIENT FLOOR PLAN. KEEP YOUR HOME CLUTTER-FREE WITH THE BASEMENT’S STORAGE AREAS. ALL THE AMENITIES ARE JUST MINUTES AWAY: SCHOOLS, PARKS, SHOPPING, RESTAURANTS, AND TRANSPORTATION! THIS HOME IS LOCATED ON A 4.88 ACRE PARCEL, ALLOWING YOU TO ENJOY SOME ROOM TO RELAX. DON’T LET THIS BE THE ONE THAT GOT AWAY. SALE OF THIS HOME IS SUBJECT TO BANK SHORT SALE APPROVAL AND SELLER ACCEPTANCE OF BANK TERMS.  Fine Dexter Real Estate with acreage. Related LinksSee Extra Photos for 8285 Jackson RoadPlease visit our website for a compliment... 02/21/2012

Ann Arbor Market Trends shows stabilization   Total Properties Listed: 3,168 Month-Over-Month Change: +1.08% Average List Price: $224,055 Month-Over-Month Change: +.31% Median List Price: $145,000 Month-Over-Month Change: +3.65%Typical Property Single-Family Home3.24 Bedrooms2.29 Baths$224,055 Average List Price$114/SqFt Average Price per SqFt. Average Price by Bedrooms: 1 Bedroom: $139,692 2 Bedrooms: $116,986 3 Bedrooms: $183,089 4 Bedrooms: $328,406 5 Bedrooms: $514,296 Most Popular $149,900 Pittsfield, MI 4 beds / 1.5 baths Reduced Prices $189,000 Lima, MI 3 beds / 2.5 baths $50,000 Saline, MI 2 beds / 1 baths $299,900 Ann Arbor, MI 3 beds / 2.5 baths Virtual Tours $399,900 Ann Arbor, MI 4 beds / 2.5 baths $349,900 Ann Arbor, MI 3 beds / 2.5 baths $235,000 Ann Arbor, MI 4 beds / 2.... 02/20/2012

Buyer Roundtable Event – Feb 29, or Mar 21, 2012 – Sign Up Today! Ann Arbor Real Estate By Ann Arbor Real Estate Experts To register, call Jennifer at 734-845-8888or Register Below We welcome all questions and this is an open forum for all to learn.   02/20/2012

2012 To register, call Jennifer at 734-845-8888or Register Below   02/15/2012

  Schedule a Showing/Request Info Ann Arbor Homes for Sale Washtenaw County Homes For Sale What Is Your Home Worth?   JERALD PITTMAN NATIONAL REALTY CENTERS, INC 734-320-6718 lepitt@nationalrealtycenters.com MLS#: 212001330 Information valid for the date of this posting only. Please contact us for the most current information and status of this property. 3364 WILLIAMSBURG RDANN ARBOR, MIScan with your smartphone & take me with you. Description Features Photos Maps & Local Schools Property Video     For 24 Hour Information: 888-866-9430 x 3364 $ Click for current price2 BEDROOMS1 BATHROOMS (1 full) 961 Square Feet Beautifully maintained 2BR, 1.5 bath unit in Colonial Square. All brick construction, quiet area close to schools, transportation & shopping. New furnace recently installed. A... 01/31/2012

The Liberty Lofts Cambridge floor plan of 1392 square feet, which has been modified slightly, is now available, with secured entry and a heated indoor garage parking space (space 122)!  New carpet and gleaming hardwood floors are the back stop for the wonderful granite kitchen. The seller raised the walls to meet the cement ceiling for improved privacy. A fine example of Ann Arbor downtown living and lifestyle, with dining, shopping, parks and even fishing on the Huron River all in walking distance.  Some interior Liberty Lofts #209 photos are below: Seller installed fireplaceMaster Bedroom with bank of Windows Master BathMaster Bedroom Closet Liberty Lofts were built/restructured by Morningside Group and units range in size from 844 sqft to 2,337 sqft. Some offer exceptional views of t... 01/25/2012

Boulevard Manor in Ann Arbor is located in the Historic District.  This Historic Area has been a popular location for many Ann Arbor residents for many, many years.  The location and the eclectic styles of homes in the entire area make this a fun neighborhood to even drive around in and soak up the architecture.  The location is close enough to walk, bike, jog to the downtown area.  Don't miss out and making this one of your locations to search for homes. View Larger Map   Have a memorable day at a University of Michigan football game or Basketball game at Crysler Arena. Drive to Veteran’s Park for figure or hockey skating and outdoors for baseball, sledding, swimming. During July, visit the world famous Ann Arbor Arts Fairs. This neighborhood is well established and contains 146 Lots w... 01/16/2012