Farmington Hills, MI Real Estate News

By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
Are you considering a move to or within beautiful Southeastern Michigan? There are many great cities and towns surrounding the greater metropolitan Detroit area. One such city is Farmington Hills. Here are the top 5 reasons to consider this your next destination and to check out the inventory of homes for sale in Farmington Hills MI: 1) Great Schools: Farmington Hills offers nearly 30 schools to choose from; ranging from preschools and Montessori schools all the way up to a community college and even a branch campus of Wayne State University. With a full 2/3 of these being public schools with one of the best student to teacher ratios in the country, you're sure to find the right school to fit your needs. Many of the homes for sale in Farmington Hills, MI are within easy walking distance...
Comments 1
By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
Are you a real estate investor looking for the next great town to invest? Do you want to focus on properties that hold their value well, are conveniently located near major metropolitan areas, yet retain the appeal of small town living? Farmington Hills is just such a place! Centrally located close to both Detroit and Ann Arbor, it's an easy commute from all these two major cities have to offer. Yet with a population as of the 2000 census of just under 80,000, it retains its small town charm and amenities. These amenities include a recently renovated downtown core, now full of charming boutique shops and cafes; one of the largest public parks in Oakland County, Heritage Park; and a fantastic school district. Here are the top five (5) reasons you should invest in one of the homes for sal...
Comments 0
Farmington Hills Short Sale Realtor : Any Realtor can list a short Sale but not every Realtor can close one, Michigan Certified Distress Property Expert, Mike Sher Max Broock (248) 496-1572 I have been spending a lot of time showing homes to buyers recently, which is a nice way to get out of the office!  As a Short Sale listing agent, I often spend my days calling, emailing & negotiation with banks and less time out in the field.  I was shocked at how many bank owned homes were previously listed as a short sale by  " So Called Short Sale Expert Realtors".  It reminds me that though any Realtor can list a Short Sale, few are able to close them.   In the past most Realtor would avoid distress sales because they were too much work. They focused on traditional sales that are easier.   But n...
Comments 1
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Here is the latest list of Farmington MI foreclosures.  There are currently 54 Farmington MI foreclosures and they have been on the market 146 days. Foreclosed home list Farmington MI January 13, 2011 LIST PRICE STREET NAME SQUARE FOOTAGE BEDROOMS BATHS.LAVS YEAR BUILT 17100 ALBION 609 2 1 1948 23000 COLLINGHAM 1449 3 1 1944 29700 LAKE 1058 2 1.1 1917 34000 TULANE 1043 4 1 1949 38900 POWER 886 2 1 1941 39800 AVERHILL 986 2 1.1 1960 40500 HAYNES 1420 4 1 1928 42900 COLGATE 1296 3 1.1 1948 47500 WALDRON 1088 3 1 1975 48000 LILAC 972 3 1 1952 48000 COLGATE 864 3 1 1968 57500 FARMINGTON 1080 3 1 1955 59900 HAMILTON 1244 3 2 1948 66900 SHAW 1145 3 1 1954 69000 PARKER 1440 3 2 1949 72900 MIDDLEBELT 1525 3 2 1954 76760 WESTCOTT CRESCENT 1592 3 1.1 1971 78900 GREENING 1622 3 1 1956 85000 FINK 1...
Comments 0
By Bob Jakowinicz, Michigan Real Estate Agent-- MI Real Adventures
(National Realty Centers Livonia--Bob Jakowinicz)
  SEARCH FARMINGTON HILLS MICHIGAN HOMES FOR SALE.  Welcome to Farmington Hills Michigan Heather Hills Real Estate information page.  Heather Hills is located just north of 9 Mile and west of Drake Rd in Farmington Hills Michigan.  The legal description for Heather Hills is (Heather Hills, Heather Hills NO 2, Heather Hills NO 3).  There are approximately 80 homes in Heather Hills built mostly in the 1960's.  This area attends the Farmington School District and is close to many conveniences.  If you are looking to buy or sell real estate in Heather Hills you have come to the right place visit www.BobandTeena.com anytime or email us at info@BobandTeena.com no question is too big or small.     As you can see Farmington Hills Heather Hills is close to so much from Downtown Farmington to Tw...
Comments 0
By Bob Jakowinicz, Michigan Real Estate Agent-- MI Real Adventures
(National Realty Centers Livonia--Bob Jakowinicz)
SEARCH FARMINGTON HILL MICHIGAN HOMES FOR SALE   Green Hill Woods Farmington Hills Michigan is a gorgeous country like subdivision with all the city conveniences.  Green Hills Woods is located east of Halsted and north of 9 Mile in Farmington Hills Michigan.  There are approximately 167 homes in Green Hill Woods (& Green Hill Woods II) which were mostly built in the late 1970's and are located in the Farmington Michigan school district.  For more information about Farmington Hills Real Estate visit www.BobandTeena.com anytime, no question or concern is too big or small.     For more information on the City of Farmington Hills Michigan follow this link FARMINGTON HILLS CITY HOMEPAGE.  The entrance sign to your right is what you will see when entering Green Hill Woods sub from 9 Mile rd. ...
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Here is the latest list of Farmington Hills condo foreclosures.  There are only 12 Farmington Hills condo foreclosures as of November 9, 2010. What I like about some of these low priced foreclosures is they are great for somebody that doesn't have the ability to take care of the outside of the home and yet can have a very low payment if they get a mortgage.  You can live in some of these Farmington Hills condos cheaper than you can rent an apartment. Most of these low priced condos are apartments that were converted into condos a few years back.  The biggest warning I can give anybody when buying a older condo is to look around the complex.  How is it kept up?  Is the association fee high?  Those are two items you should be considering when buying a low priced condo.   LIST PRICE ADDRES...
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
    Here is a Farmington Hills event for kids that I think is great.  I wish they had it around when I was a kid.  You learn by doing or going to a class and so many young adults don't know the proper etiquette when out in public.  So I think this class will be great for any Farmington Hills kid. Hey I could probably still learn a thing or two from the class.  Etiquette 101 Give your child the gift of great manners!  Seven different interactive classes that will help your child learn: • Dining etiquette • Polite conversation skills • Telephone etiquette • Basic manners • Self esteem and confidence • Introductions • Respect, poise and posture Class fee is $20.00 and includes handbook and DVD.  Longacre House, 24705 Farmington Road, Farmington Hills, Michigan Monday, November 1 4:30-5:30 ...
Comments 2
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
 Here is a list of all the current Farmington Hills condos for sale in Michigan under $78,000.  There is either an abundance of Farmington and Farmington Hills condos or they are over priced.  They have been on the market an average of 210 days which is a relatively long time compared to the rest of the market. Farmington & Farmington Hills Michigan Condominiums Photo Price AddressBldg & UnitCityArea NumberMap Coord BedBathArchitectureSq. Ft.Water Incl(Y/N) ExteriorBasementGarage SizeAssoc. FeeGas Incl(Y/N) Year BuiltSummer TaxWinter TaxSchool Dist.   $18,750 28422 W 8 MILE RD Bldg 2, Unit A9FARMINGTON HILLS 111-ST774Water - Y BRICKNO GARAGE$150 MONTHLYGas - Y 196983846CLARENCEVILLE   $18,900 28418 W 8 MILE RD Bldg , Unit A3FARMINGTON HILLS 213-ST, 1-ST GRND910Water - Y BRICKNO GARAGE$3...
Comments 0
By Debbie Johnson, Novi, MI Real Estate Professional
(REMERICA United Realty)
The real estate market in Farmington Hills, MI for June 2010 has remained pretty active. The average days on the market is relative to the condition and correct pricing of the seller's home. Homes for sale in Farmington Hills, MI (June 2010)* · There were 356 homes remaining available for purchase in Farmington Hills, MI   If you are interested in selling your home in Farmington, MI or in southeast Oakland County, Deborah Johnson offers a free no-obligation home market consultation. For more information: http://www.visitdeborah.com/ *Information obtained from Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Realcomp II is the multiple listing service which provides information on pr...
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Here is a retelling of a recent Farmington Hills home inspection with a Michigan first time home buyer.  They called me up to meet.  Not cry, no overly upset but with a few worries. The Farmington MI home was built in 2002.  But as the Metro Detroit home inspector was going through the home he made these comments: The furnaces were just mediocre quality or average quality The hot water tank was just fifty gallons and that they wouldn't be able to shower and wash clothes at the same time The outside of the house needed painting There is only 9 inches of insulation in the attic.  Since 2002 the code now recommends more insulation than that. We sat down to talk about all of these things. When you buy a home the quality of furnaces, appliances, water heater, and other items may be of lesser...
Comments 1
By Bob Jakowinicz, Michigan Real Estate Agent-- MI Real Adventures
(National Realty Centers Livonia--Bob Jakowinicz)
  Hello Farmington Hills Michigan Home Sellers, thanks for stopping by today.  We would like to let all of our neighbors in Farmington Hills Michigan know we have a Real Estate and Home sales specialist on our RealEstate Busy Bee Team, that specializes in getting your Farmington Hills Home or House Sold.  If you are looking to Sell your Farmington Hills Home or House you have come to the right place.  Please feel free to visit a few of our websites at www.RealEstateBusyBees.com or www.BobandTeena.com anytime.  If you have any questions or concerns or are looking for a local Farmington Hills Realtor please don't hesitate to call or email anytime at info@BobandTeena.com or 734-578-6561 Thank You and we look forward to working together real soon  
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Now that summer is here here are some summer Farmington Hills home selling tips.  Michigan home buyersare out in force right now.  After they look at pictures of your home on the internet many times they will do a drive by. They don't call to tell you that they are coming by.                     They don't send you an email to let you know.                                            Your real estate agent doesn't call you.   So when you are selling your Farmington Hills home you need to keep the outside looking good.  Here are my tips: If you have a junky looking or overfilled garage - don't keep the garage door open If you have kids try to keep the toys put away, and neat looking Put some flowers in Trim the bushes and trees back so home buyers can see your Farmington Hills home Keep t...
Comments 1
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
 17 Farmington ranch homes (in the 900- 1400 square foot range) have sold in the last 90 days - Farmington MI real estate update.  Ranch homes in Farmington/Farmington Hills are selling relatively quick.  The average days on the market for these ranch homes is 63 days.  The highest priced ranch home was $146,000 for a 1384 square foot home (in the 900-1400 sq ft) and lowest was $50,000.  The average sold price is $99,7701.  These Farmington MI ranch homes all had garages, 3 or more bedrooms, 1 or more bedrooms.  The majority of them were brick ranches. Farmington/Farmington Hills ranch homes that have sold in the last 90 days as of 5/3/2010 ADDRESS LIST PRICE SALE PRICE DOM SQUARE FOOTAGE SP PER SQFT 23045 COLGATE ST 69900 50000 97 1000 50 23050 GLENMOOR HTS 67000 67100 26 1260 53.2539 ...
Comments 1
Hafa is a great program but how do you participate? The problem is that though many servicers say that they are participating in HAFA, they have none of the documents to apply for the program. Do not let that stop you. Below you will find a link to the documents you will need to participate in HAFA. If the servicer you are working with does not have the forms, print out the right document from the link, fill it out, have the borrower sign it and fax it to the servicer. This is a new program so do not let the newness keep you from putting your clients in the best program for them. If no one else will help, you must help yourself. Take control and try, try again. If you never quit, you will seldom fail!! Remember, the program is for NON-FNMA/FREDDIE loans.   https://www.hmpadmin.com/porta...
Comments 1
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
I got a call from a young lady and she asked "How long has that Farmington Hills foreclosure been empty"?  Unfortunately none of us know.  I can go on line and find out when it went into foreclosure, or when the redemption period was up.  But the bank doesn't give out the information, and probably doesn't have the information of when the people moved out.  Sometimes the owners move out in the dead of night.  They many times don't give the bank notice that they left.  They are usually are mad at the bank.  They just shut off the utilities and leave. So I have no way of really knowing of when the previous owners moved out.  Or how long has that Farmington Hills foreclosure been empty.  So I'm not even going to guess.   And honestly it really doesn't matter.              What matters is wh...
Comments 4
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Here is an interesting graph of Farmington Hills real estate, the graph shows median sales prices per sq ft.  Now this is an interesting graph because it gives you a general idea of what many Farmington Hills homes are selling for.  There is no doubt in my mind that many Farmington Hills homes are selling for less than a $100 a square foot.  So don't take this graph as absolute gospel truth.  You see the average price per square foot I bet is higher.  Probably closer to the $100 a square foot. Median Sale Price / sq. ft.You need the latest version of the Macromedia Flash Player.Download the free Flash Player now!  Search Farmington Hills homes for sale Farmington Hills information Farmington Hills relocation information and real estate info
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Here are the upcoming Farmington Hills MI happenings in the next month. ___________________________________________________________________________________________________ The City of Farmington Hills will affirm its commitment to environmental responsibility by participating in Earth Hour 2010.  All non-essential indoor and outdoor lighting on City-owned property will be turned off from 8:30 to 9:30 p.m. on the night of Saturday, March 27. Earth Hour is an international event sponsored by the World Wildlife Federation.  The worldwide initiative is designed to express global solidarity in the commitment to controlling climate change.   Earth Hour 2010 will take place at 8:30 p.m. local time in more than 80 countries, including the United States.  Major U.S. cities that are participating...
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Why do you think you can get a tougher loan?  I recently had a client get turned down for a home loan in Farmington Hills.  They were self employed and did not have enough income to qualify for the $600,000 home.  It would take years for them to qualify if they ever could.  So what do they do? They went out and bought a vacant lot cash.  Here comes the problems.  Nothing has changed in getting a loan.  In fact they have made it harder on themselves.  You see getting a construction loan in this 2010 Metro Detroit real estate market is very tough.  They couldn't debt ratio with an ordinary loan and construction loan standards are tougher.  So they are going to get denied there too. These potential home builders are in for a rude surprise.  Now they didn't listen to me that this may not be...
Comments 1
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Here is what is happening in Farmington Hills real estate in the last six months.  If you notice Farmington Hills homes are still taking about 4 months to sell.  And if you look at the table below you will also notice most of the homes that are selling are selling are under the $210,000 price point.     Farmington Hills Price Statistics Legend Range Name Price Range Number of Listings Days on Market         R1 10000 to 60000 42 97 R2 60001 to 110000 61 112 R3 110001 to 160000 94 124 R4 160001 to 210000 83 124 R5 210001 to 260000 51 124 R6 260001 to 310000 25 142 R7 310001 to 360000 4 67 R8 360001 to 410000 4 394 R9 410001 to 460000 1 47 R10 460001 to 510000 2 94 R11 510001 to 560000 1 182 R12 560001 to 610000 0 0 R13 610001 to 660000 0 0 R14 660001 to 670000 1 189 For the 369 listings: ...
Comments 2