Lansing, MI Real Estate News

By Jason Rose, www.123ConEd.com
(123 ConEd LLC -- Michigan real estate continuing education)
Here is another summary of a recent legal case involving a fair housing issue. This case is a little different than the typical fair housing case because it involves the criminal interference with the right to fair housing instead of the usual civil violation. Although this case doesn’t provide much guidance about the "dos and don'ts" under the Fair Housing Act for real estate professionals, I thought it was nevertheless interesting and worth posting. On Tuesday (October 13, 2009), a Louisiana man plead guilty to firing three shots from a shotgun at the home of three Hispanic men and, after they fled, entering the home and setting a fire that burned it to the ground. Johnny D. Mathis plead guilty to three criminal counts, including (1) criminal interference with the right to fair housin...
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By Robert Dowding, Realtor ~ Greater Lansing, MI
(Keller Williams Realty)
Well the new website is up and I am very pleased with it.  Please feel free to roam around on it and if you have any comments or questions I would love to hear them.  We have some great new features on there including a free home search specified to your criteria.  As new homes come on the market that match your criteria, they will automatically be emailed to you.  This is a FREE service!  Check out our new website at www.robertdowding.com and let us know what you think!  Happy Friday all!
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By Robert Dowding, Realtor ~ Greater Lansing, MI
(Keller Williams Realty)
WASHINGTON - Thousands of first-time home buyers will be able to get short-term loans so they can quickly make use of a new $8,000 tax credit to pay for some of the costs of buying a home. The Federal Housing Administration on Friday released details of a plan in which borrowers who use FHA loans can get advances from lenders that let them effectively receive the credit in advance, so they don't have to wait to get the money from the Internal Revenue Service. Most borrowers will still have to come up with the FHA's required 3.5 percent down payment, unless they work through a state or local housing agency or an approved nonprofit. Ten states have such programs in place, according to the National Council of State Housing Agencies. But there are many other potential uses, such as for clos...
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By Robert Dowding, Realtor ~ Greater Lansing, MI
(Keller Williams Realty)
Robert Dowding | Keller Williams Realty | 517.853.6390 901 Brad, Lansing, MI 3BR/1BA Single Family House offered at $50,000 Year Built 1955 Sq Footage 960 Bedrooms 3 Bathrooms 1 full, 0 partial Floors Unspecified Parking None Lot Size 8,910 sqft HOA/Maint $0 per month DESCRIPTION All offers subject to bank approval. Nice 3 bedroom ranch home with full basement. Large lot with fenced backyard, mature trees, plenty of space for summer gatherings. Updated vinyl siding and windows. Home is located on a dead end street close to shopping, public transit and easy access to highways. Call today for your private showing! see additional photos below PROPERTY FEATURES Living room Dishwasher Refrigerator Stove/Oven Basement Yard ADDITIONAL PHOTOS FrontPhoto 2Dining RoomLiving RoomYard Contact info...
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By Mike Bowler Sr., CRB, GRI, ePRO, RECS, SRES
(Coldwell Banker Hubbell Briarwood)
 Delta Township has many events and activities to offer residents who are 50 years and older through a program called the 39er's. They have regular activities that include health screening, luncheons, euchre, bridge, and pinochle card parties, holiday crafts, fitness, and much, much more. There is plenty to do for all ages. Are you interested in finding out more about some of Michigan's highlights for this summer? Chris Dancisak of the Michigan Historical Museum will spotlight some of Michigan's beloved and quirky landmarks at the Delta Township District Library, 5130 Davenport Drive. (just off Elmwood) on May 5, 2009 from 6:30 p.m. Plus, you'll have that opportunity to see the wonderful facility which opened in June, 2008. While you're at it, pick up a library card for the family. Thin...
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By Mike Bowler Sr., CRB, GRI, ePRO, RECS, SRES
(Coldwell Banker Hubbell Briarwood)
We invite everyone to visit our open house at 1130 Morris Ave. on  1:00 PM to 3:00 PMA Must To See! Take advantage of the first time home buyer credit, own this home. Here's a rare find in West Lansing, Edgemont Park Sub, Waverly School District. A quaint red brick ranch with front porch great for rocking and back porch for grilling. This 3-bedroom home has hardwood floors throughout, refinished in 2008, beautiful kitchen with ceramic tile, updated hardware on cabinets, recessed lighting and spacious living room. Completely remodeled bathroom in 2006, (new tub/shower, toilet, sink, lighting, and medicine cabinet). All new light fixtures and modern paint throughout. Mike Bowler Sr. ePRO, CRB, GRI, SRESColdwell Banker Hubbell Briarwood1020 S. Creyts Road, Lansing, MI 48917Phone: 517-492-3...
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By Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375, Real Estate Services You can Trust!
(Flexit Realty "Flexible Home Selling Solutions")
It is a very widely publicized fact that the Michigan economy is in the tank...so can anyone share with me why we would spend 1.57 million dollars of taxpayers money to clean up a shredded tire pile? OK, I know this is a fire hazard...I know it could cause all kinds of pollution and I also know the farmer that has accumulated this 2.7 acre pile of tires is responsible. So why is the state forking over our money at a time when the economy is spiraling out of control?  Let me mention I don't think many politicians work for the people.  I vote for the best of the worst that run.  I personally think very few politicians do the right thing...and they don't vote the way a normal reasonable person would vote.  For educated people they sure must think we are stupid! When politicians are voted i...
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By Aaron Fox, e-PRO
(Century 21 Looking Glass)
  Active Sold  Pending # of properties 1200 85 177 Average List Price $80,039.00 $46,013.00 $54,624.00 Average Sale Price - $42,621.00 - Avg. Days on Market - 61 75 Price Differential:     - 92% - For more Detailed information on your local Real Estate Market feel free to contact me Aaron.fox@century21 or visit www.AaronSellsRealEstate.com
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By Dolly O'Brien
(Coldwell Banker Hubbell Briarwood)
For a number of years, Coldwell Banker Hubbell Briarwood has been assembling the data and putting out a comprehensive quarterly market report. It correlates all of the MLS data regarding active listings, average list price, number of sales, average sale price, and average time on market. It also compares the current quarter to the same quarter of the previous year. The data is divided by MLS areas (school districts). LANSING CITY LIMITS                 7/1/08 - 9/30/08             7/1/07 - 9/30/07             %                                                                        3rd Quarter                     3rd Quarter             Difference LANSING - 01 NW Total Active Residential Listings             313                             395                     -21% Average List Price ...
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By Aaron Fox, e-PRO
(Century 21 Looking Glass)
                                   September Residential Marketing Report for Lansing, MI        Active Change +/- Sold  Change +/- Pending Change +/- # of properties 1416   (-)3% 97    (+)0%  203 (+) 10% Average List Price $86,995.00   (-)2% $60,161.00    (-)2% $60,999.00 (-)4% Average Sale Price - - $60,810.00    (+) 6% - - Avg. Days on Market - - 76    (+)5Days 72 (+)6Days Price Differential:     - - 100% - - - For more Detailed information on your local Real Estate Market feel free to contact me Aaron.fox@century21 or visit www.AaronSellsRealEstate.com
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By Robert Dowding, Realtor ~ Greater Lansing, MI
(Keller Williams Realty)
Robert Dowding | Keller Williams Realty | 517.853.6390 3025 Greenoak, Lansing, MI CALL TODAY FOR PRIVATE SHOWING ON THIS GREAT CAPE COD IN N. LANSING. HOME FEATURES 3 BRS & 1 BA WITH JUST OVER 1000 SQFT. NEWLY REMODLED KITCHEN W 3BR/1BA Single Family House offered at $109,900 Year Built 1961 Sq Footage 1,086 Bedrooms 3 Bathrooms 1 full, 0 partial Floors 2 Parking Unspecified Lot Size 6,150 sqft HOA/Maint $0 per month DESCRIPTION CALL TODAY FOR YOUR PRIVATE SHOWING ON THIS GREAT CAPE COD IN N. LANSING. THIS HOME FEATURES 3 BEDROOMS AND 1 BATH WITH JUST OVER 1000 SQ FT. A NEWLY REMODLED KITCHEN WITH PLENTY OF ROOM FOR THE COOK IN THE FAMILY, REFINISHED HARDWOOD FLOORS AND A SPACIOUS 2ND FLOOR MASTER BEDROOM WITH NEW CARPET. RESTING ON A FULL BASEMENT WITH PLENTY OF STORAGE, NEWER WASHER ...
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By Aaron Fox, e-PRO
(Century 21 Looking Glass)
                                 August Residential Marketing Report for Lansing, MI       Active Change +/- Sold  Change +/- Pending Change +/- # of properties 1457 (-)35% 97  (-)29%  183 (+)9.3% Average List Price $88,749.00 (-)9% $61,443.00  (-)11% $63,261.00 (-)7.4% Median List Price $82,000.00 (-)3.6% $54,900.00  (-) 9% $54,400.00 (+)9.8% Average Sale Price - - $57,432.00  (-)11% - - Median Sale Price - - $55,000.00  (-) 6.8% - - Avg. Days on Market - - 71  (-) 4Days 66 (-)2Days Median Days on Market - - 49  (+) 1Days 47 (-)2Days Price Differential:     - - 92%  (-)5% - -
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By Aaron Fox, e-PRO
(Century 21 Looking Glass)
July Marketing Report for Lansing, Michigan                                 Active                                   Sold                       Pending Number of properties                                 1974                                      166                       209 Average List Price                            $ 96,487.00                          $ 68,300.00           $ 67,713.00 Median List Price                             $ 85,000.00                          $ 59,950.00           $ 57,000.00 Average Sale Price                          $              ­_                           $ 64,459.00          $             _ Median Sale Price                           $              _                            $ 59,500.00          $             _ Average Days on Market              ...
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By Aaron Fox, e-PRO
(Century 21 Looking Glass)
Need something to do this weekend; well Jazz fest is here again, in Old Town Lansing, for the 14th year. According to ILoveoldtown.org they are expecting roughly 15,000 people. I have to say I am not a huge Jazz fan but last year was a wonderful time. Not only did I have a great time, it is free! This is a great event that brings so many people to Michigan's capital which in turn helps the local economy. How does that saying go.... Support your town or lose it... I think?  Old town is Full of Great Art galleries, restaurant's Shops. So if you have some free time Friday or Saturday Stop by and enjoy the Music!! Visit ILoveoldtown.org for more information. Here's to seeing you there!
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By Mike Bowler Sr., CRB, GRI, ePRO, RECS, SRES
(Coldwell Banker Hubbell Briarwood)
Fannie Mae, Freddie Mac, first time Home buyers, and the thousands of people fighting to keep their homes from foreclosure, are coming out the winners with the new bill signed by President Bush today. Matthew Kelly of Geek Estate Blog has illustrated a very nice explanation and recap of the bill.  Many sellers are asking everyday, what about us home sellers who need to sell for job reasons or other normal reasons to sell, have made our payments on time, and who have been the victims of this mess by having the price of our home driven down?  It's been a vicious catch 22 for the responsible homeowner. Hopefully the trickle down results of this first round of solutions will spark the market enough to give these innocent victims of irresponsibly some relief. Now, before you get your feather...
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By Jeff Thornton, ABR CRB CRS CSP e-Pro GRI
(Jeff Thornton ABR CRB CRS CSP e-Pro GRI)
It is crucial that your home looks it's best for the potential buyer if you are to get the best possible price in the least amount of time. A little time now can pay big dividends when you sit down at the closing table. Remember, you are competing with other sellers in your area. Here are a few tips from experts in Real Estate sales. 1. Look at your home through a buyer's eyes. Look at other similar homes for sale in your area. How does your home compare? Tour model homes. These are normally in move in condition. This is an excellent method to understand a buyer's expectations. 2. Make a list. What are the obstacles preventing your home from showing its full potential? Begin with Curb Appeal. Lawn, Fences, Walks, Driveway, etc. Next move to the Inside. Closets, Kitchen, Bed Rooms, Bath ...
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By Jeff Thornton, ABR CRB CRS CSP e-Pro GRI
(Jeff Thornton ABR CRB CRS CSP e-Pro GRI)
Make the SMART Choice The Thornton Team would be pleased to represent you as a Buyer's Agent. As your Buyer's Agent, we will represent your interests exclusively. Our complete responsibility and loyalty will be to you. Having the Thornton Team help you find a home and represent your best interests during the negotiation process doesn't cost you anything, and will save you time, money and energy. Our Buyer Agency Services include the following: Giving you daily updates by email within 24 hours on every new listing that meet your criteria for a home Assisting you in computing the fair market value of the home you are interested in purchasing Creating a personalized negotiating plan to help you acquire this home at the best price and terms Assisting you in obtaining the best possible fina...
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By Renee Parker, Lansing Realtor
(Coldwell Banker Hubbell BriarWood)
As many of you know, at this moment, my home is in Grand Haven along the Lakeshore in Michigan and I am madly in love with this quaint tourist area.  So when a fabulous offer knocked on my door to return to the Lansing area and rejoin Coldwell Banker Hubbell Briarwood as a team member with one of the areas Top Producers....the decision was not made until after much prayer and meditation.  At first I waited for the loud voice of guidance or better yet a letter from my higher power arriving in my mailbox ~ of course, neither happened.  I now realize that decisions like this come on a whisper, doors just keep opening in the same direction, and the feeling of wholeness begins to wash over you while you sleep.  I am excited to say that I am returning to my "home" town of Lansing, Michigan.  ...
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By Robert Dowding, Realtor ~ Greater Lansing, MI
(Keller Williams Realty)
ARE YOU THINKING OF BUYING OR SELLING GREATER LANSING, MI REAL ESTATE?BEFORE YOU DO, KNOW YOUR NUMBERS. HERE ARE THE ACTIVE, PENDING AND SOLD STATISTICS FOR SOUTH LANSING, MI OVER THE LAST 30 DAYS.854 Active listings in South Lansing61 Pending sales50 Homes have sold in the last 30 daysIF YOU ARE THINKING OF SELLING YOUR SOUTH LANSING, MI HOME BE PREPARED TO BE THE BEST.  WITH OVER 17 MONTHS OF INVENTORY CURRETLY ON THE MARKET BUYERS HAVE THE UPPER HAND. YOU NOT ONLY NEED TO BE PRICED RIGHT YOU NEED TO TAKE THE TIME TO HAVE YOUR HOME IN THE BEST CONDITION POSSIBLE. IF YOU ARE LOOKING TO BUY SOUTH LANSING, MI REAL ESTATE NOW COULDN'T BE A BETTER TIME! REGARDLESS IF YOUR BUYING OR SELLING MAKE THE FIRST STEP BY HIRING GREAT REPRESENTATION FORYOUR NEXT REAL ESTATE TRANSACTION! "THE ROBERT ...
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By Robert Dowding, Realtor ~ Greater Lansing, MI
(Keller Williams Realty)
ARE YOU THINKING OF BUYING OR SELLING GREATER LANSING, MI REAL ESTATE?BEFORE YOU DO, KNOW YOUR NUMBERS. HERE ARE THE ACTIVE, PENDING AND SOLD STATISTICS FOR NORTH LANSING, MI OVER THE LAST 30 DAYS.ACTIVE LISTINGSBedsBathsSq FtList PriceSold PriceSP/LPDOMHigh864,439$399,900Low00480$7,900Average311,209$87,584Median311,120$79,900PENDING LISTINGSBedsBathsSq FtList PriceSold PriceSP/LPDOMHigh542,025$325,000Low11569$4,900Average311,126$62,521Median311,072$54,900SOLD LISTINGSBedsBathsSq FtList PriceSold PriceSP/LPDOMHigh421,947$159,999$164,000109%252Low21576$8,900$6,00040%0Average311,046$57,040$53,67691%74Median31998$32,000$27,50096%60IF YOU ARE LOOKING FOR HELP ACHIEVING YOUR REAL ESTATE GOALS CONTACT "THE ROBERT DOWDING TEAM" TODAY!      517.853.6390 Office866.206.5926 e-FaxSold@RobertDowdin...
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