Tour of downtown's vacant properties in the works Entrepreneurs and real estate investors interested in buying, leasing or building commercial space in downtown Oxford will soon have their opportunity to look over what's available. The Oxford DDA is putting together a property tour to showcase all the vacant properties within its district in hopes of spurring more economic development. The director of the DDA, was recently directed by the board to put together a work plan, complete with advertising budget, for a property tour and present it at the DDA's 02/21/2011 meeting. The board was originally planning to make Realtors the target of this property tour, but decided that wasn't the way to go. Business owners, potential property owners and potential developers are who their after.refer... 02/06/2011

In an effort to make downtown Oxford more pedestrian friendly and economically prosperous, the village council last week voted 4-0 to adopt a resolution supporting the Complete Streets concept. Complete Streets are defined as roadways planned, designed and constructed to accommodate safe access for all users regardless of age, ability or mode of transportation. Oxford can begin the process of making M-24 and the downtown area it bisects more accessible to pedestrians of all ages. The resolution basically states that wherever it's feasible, the village will incorporate Complete Streets design considerations and practices as a routine part of infrastructure, planning and implementation. It also states that the village supports the continued development of the community's master plan and i... 02/04/2011

Village of Oxford, Oakland County, Michigan 48371real estate trends, market reports, statistics02/03/2011 * The median single family home price as of 01/30/2011 for Oxford is $212,296 - that's down 1% from 01/23/2011 * With a market action index at 18.08, Oxford is currently in a buyers market - with todays low interest rate, this is an excellent market for buying in Oxford with terms favorable to you * The average property has been on the market for about 201 days - no change from last week * Price per square foot for homes in Oxford is about $94 - down 2% from 01/23/2011 or $95 per sq.ft * There are about 173 properties on the market as of 01/30/2011 - down 2% from last weeks number of 176 properties New listings on the market:* 45 First St, $55,000 - 5 bedrooms & 2444 sq.ft* 254 Oxfo... 02/03/2011

Oxford Lakes, Year Round Lake Community LivingOxford Village, Michigan 48371 "Enchanted Forest", 2 acre park, activity paradise with lots of playground equipment, sit and enjoy lunch on one of the picnic tables in the pavilion or just relax on a bench. Custom homes on the market:* 735 Lakes Edge Dr, $134,900 - 2518 sq.ft - 4 bedrooms* 254 Oxford Lake Dr, $148,000 - 1939 sq.ft - 4 bedrooms Sold homes in Oxford Lakes:* 730 Woodleigh Way, (not posted) - 2026 sq.ft * 939 Abingdon St, $123,500 - 2188 sq.ft - 3 bedrooms* 670 Lakes Edge Dr, $275,000 - 3050 sq.ft - 3 bedrooms * ytd average list price is $156,095 - down 30%* ytd average sold price is $149,071 - down 28%* ytd average days on market is 80.4 - down 26% For more information on Oxford Lakes, Oxford Michigan, Oxford Community Schools ... 01/29/2011

Oxford, Oakland County, Michigan 48371statistics, real estate trends, reports01/28/2011 Buyers:* as of 01/23/11 there is about 176 total    properties on the market,   which is down 2% from 01/16/11* the average property has been on the   market for about 201 days, that's up 1%   from last week Sellers:* sold properties this week is 18, with an    average sell price of $113,016, down    29%* the median list price for a single family home is $213,962, which is down 1% from 01/16/11* price per square foot for homes in Oxford is about $95, that's no change from last week With interest rates still low and a market index at 17.31, Oxford is currently a buyers market. Even mixed news is good for home sellers, be cautiously optimistic, with the right price, selling your home at a fair price is... 01/28/2011

Oxford, Oakland County, Michigan 48371market reports, statistics, real estate trends01/20/2011 Real Estate Market Today:* the median price per square foot for homes is about $95 - that's   down 2% from 01/09/2011 * there are about 179 properties on the market as of 01/16/2011    - down 2% or 3 homes* the median single family home price is $214,919 - that's down   1% from last week* with a market action index at 17.27, Oxford is currently a buyer's   market* the average property has been on the market for about 200 days   - no change from 01/09/2011 0 Solds Reported This Week: 5 New Listings Reported:* 233 Oxford Lake Dr, $1,300 (lease)* 18 Staton St, $38,900 (bank owned)* 53 Hovey St, $55,000 (hud owned)* 233 Oxford Lake Dr, $134,500 (private owned)* 28 S. Washington St, $850 (lease) Re... 01/20/2011

Oxford Lakes, Oxford MI- More Distressed Sales But Prices Still Stabilizing In 2010 there were quite a few more sales in Oxford Lakes than in 2009, but there were also more distresses sale - short sales and foreclosures. In 2009 foreclosures and short sales made up 44% of the total sales in Oxford Lakes and in 2010 they made up 65% if the total sales. But despite the fact there were quite a few more bank owned and short sales the prices seemed to be a bit higher than last year.   2010 unit sales - 232009 unit sales - 18 10 bank owned and 5 short sales in 20107 bank owned and 1 short sale in 2009 In 2010 sale prices ranged from $119,178 - $350,000In 2009 sale prices ranged from $77,900 - $400,000 2010 there were 6 lakefront sales (Oxford Lake) ranging from $135,000 - $350,0002009 there w... 01/18/2011

Oxford MI Home Listings- A Disgrace to Our Profession I normally hate to read an agent bad mouthing other agents. Most of the time those posts are more about a disagreement in philosophy on how to operate a real estate business. Things along the lines of do you need to Tweet to be a good agent, or are you wasting time and money on print ads and billboards. Basically stupid, judgmental posts. I am going to be less than complimentary to my fellow agents in this post and hope I don't cross the line into the stupid, judgmental posts I just mentioned. Earlier today I was working on a market analysis for a possible new listing in Oxford MI. After carefully going over many closed sales from the past 3 months I performed an MLS search for active listings in Oxford Township and the Village of Ox... 01/13/2011

Oxford, Oakland County, Michigan 48371real estate trends, market reports, statistics01/11/2011 New listings this week:* 233 Oxford Lake Dr, $1,300 (lease) - private owned* 77 N. Washington St, $45,000 (lease commercial)* 43 Mill St, $55,000 - short sale* 63 E. Burdick St, $124,900 - private owned* 233 Oxford Lake Dr, $134,500 - private owned* 27 N. Washington St, $450,000 - commercial* 90 S. Washington St, $1,200,000 - commercial Real estate market today, 01/09/2011:* about 181 properties are on the market in Oxford -    that's down 4% from 12/26/2010* median single family home price is $215,688 - down   1% or $420* Market action index is at 17.16, making Oxford a   buyers market* average property has been on the market for about    200 days - that's up 2% or 4 days* price per square fo... 01/11/2011

Red Barn Village, Oxford MI Finally Broke the $100K Ceiling- First Time Since Aug 2008!! For the first time since mid 2008 there was finally a sale over $100,000. On December 29, 2010 there was a closing at 1374 Foreland that closed for $116,500!!!! Great news for sellers and current home owners in Red Barn Village. For buyers? If you're dragging your feet- STOP IT!! Prices are starting to level off and even started creeping up in some areas. On average Oxford sales in 2010 were up from 2009 significantly. For the most part, prices in Red Barn Village sub are still quite low: In 2010 there were 10 closings in Red Barn ranging in price from $46,500-$116,500- all foreclosures except for the house that sold for $116,500. 1374 Foreland sold earlier in the year for $52,000 as a bank owned ho... 01/10/2011

Oxford MI Home Prices UP 12% in 2010!! Today's stats are somewhat preliminary- the reporting of a couple more sales may trickle in over the next couple weeks, but if that happens a couple sales shouldn't really change the numbers much. Oxford MI unit sales 2009- 247Oxford MI unit sales 2010- 255 Oxford MI median sales price 2009- $140,000Oxford MI median sales price 2010- $159,000 Oxford MI total sales volume 2009- $40,664,200Oxford MI total sales volume 2010- $44,295,280 Unit sales in Oxford MI were only up slightly, about 3%, but there was almost $4,000,000 more in sales volume in 2010. Part of the reason is the reduction in foreclosure sales and an increase in short sales. Oxford MI foreclosure sales 2009- 116 or 47% of the total salesOxford MI foreclosure sales 2010- 111 or 44% of t... 01/06/2011

Want to Buy a Newer 4 Bedroom Home in Oxford MI With ZERO Money? Woodbriar May be the Sub for You! Fortunately for today's home buyer, Oxford MIis still considered rural enough to qualify for Rural Development financing and you don't have to be out in the country to qualify. Woodbriar sub is located in Oxford MI, just off Drahner Rd a little west of M-24. Woodbriar Sub is a 156 home neighborhood built roughly between 1998 and 2002 with homes ranging in size from just over 1500 sq. ft. to just over 2400 sq. ft. and if you qualify for a rural development mortgage you can get into one of these homes for zero dollars!   Some of the many amenities of Woodbriar, Oxford MI include: 3 small parks community well public sewer sidewalks large yards Prices in 2010 were about the same as 2009. There... 01/05/2011

Oxford, Oakland County, Michigan 48371statistics, trends, market reports Being a holiday week, the solds and listings were very slim... 0 Solds Reported 1 New Listing This Week:* 42 Mechanic St, $89,900 (short sale) 4 bedrooms & 2 baths Real Estate Market As Of 12/26/2010:* The median single family home price is $216,108 - that's up 1%    from last week* With a market action index at 17.42, Oxford is currently a    buyer's market* The average property has been on the market for about 196    days - up 2% from last week* Median price per square foot for homes is about $96 - that's down 2% * There are about 188 properties on the market as of 12/26/2010 - down 2% from last week Summery:* With home prices up, days on market up and available properties down, the stats indicate less inventory ... 01/01/2011

Oxford Lakes, Year Round Lake Community LivingOxford Village, Michigan 48371 "Beach Park", landscaped and fenced 6 acre park has something for everyone. Gazebo, sandy beach, picnic tables, grills, private boat launch and dock, play structure, basketball-volleyball-tennis courts and bathroom facilities. This association only park overlooks the 115 acre spring fed Oxford Lake, stocked with bluegill-trout-bass and walleye. Custom homes on the market as of 12/29/2010:* 575 Thornehill Trl, $149,900 - 2445 sq.ft - 3 bedrooms* 735 Lakes Edge Dr, $159,900 - 2518 sq.ft - 4     "* 550 Lakes Edge Dr, $174,900 - 1741 sq.ft - 3     "* 622 Bay Pointe Dr, $399,900 - 3320 sq.ft - 4 bedrooms Sold homes as of 12/01/2010:* 355 Lakes Edge Dr, $180,000 - 1745 sq.ft - 4 bedrooms = $103 per square foot* 510 B... 12/30/2010

Oxford, Oakland County Michigan, 48371market reports, statistics, trends12/22/2010 2 New Listings This Week:* 18 Davison St, $23,500 (bank owned)* 550 Lakes Edge Dr, $174,900 (bank owned) 4 Solds Reported This Week:* 11 Jersey St, $69,000 / 9 days on market* 55 Mill, $117,500 / 99 dom* 355 Lakes Edge Dr, $180,000 / 115 dom* 510 Bay Pointe Dr, $232,000 / 92 dom Real Estate Market As Of 12/19/2010:* median single family home price is $215,715 - down    1% from 12/05/2010* market action index is at 17.09, which makes Oxford a buyer's market* average property has been on the market for about 194 days - up 2% from 12/05/2010* the median price per square foot is about $97* about 191 properties are on the market as of 12/19/2010 - that's down 3% from 12/05/2010 Property values and taxes If liv... 12/22/2010

Oxford Lakes, Year Round Lake Community LivingOxford Village, Michigan 48371 This subdivision is within walking distance of downtown Oxford for dining, shopping or just walking around enjoying the sights. Many custom homes and private parks overlook the 115 acre spring fed Oxford Lake, stocked with bluegill, trout, bass and walleye. Custom homes on the market as of 12/09/2010:* 224 Oxford Lake Dr, $109,000 - short sale - 2244 sq.ft* 730 Woodleigh Way, $134,900 - bank owned - 2626 sq.ft* 233 Oxford Lake Dr, $139,900 - private owned - 2035 sq.ft* 575 Thornehill Trl, $149,900 - short sale - 2445 sq.ft* 735 Lakes Edge Dr, $174,900 - bank owned - 2518 sq.ft* 550 Lakes Edge Dr, $174,900 - bank owned - 3482 sq.ft* 518 Bay Point Dr, $225,000 - private owned - 2633 sq.ft* 491 Sunset Blvd, $274,9... 12/11/2010

The good news is most everyone's property tax bills are once again going to decrease next year, in Oxford Township Michigan, 48371. The bad news is it's not because government got more efficient or cut spending, it's because their property's assessed value is continuing to decline. According to tentative data provided by the Oakland County Equalization Division, the State Equalized Value (sev) of residential properties in Oxford Township decreased by an average of 2.5 to 3.0 percent for the 2011 assessment notices, which will be mailed out in February. Countywide, the sev for residential properties decreased by an average of about 8.0 percent. Sev is equal to 50 percent of a property's fair market value. As always, the averages reported here are for the entire community, not individual ... 12/11/2010

Oxford , Oakland County, Michigan 48371trends, market reports, statistics12/09/2010 Solds this week:* 36 Pearl St, $1,075 (lease)* 18 Pleasant St, $52,100 (bank owned)* 643 Bay Pointe Dr, $230,000 (private owned) Real estate market today (12/05/2010):* The median single family home price is $218,777 -   no change from last week* With a market action index at 16.67, Oxford is    currently a buyer's market* The average property has been on the market for    about 191 days - up 1%* Price per square foot for homes is about $98* There are about 196 properties on the market - down 1% Listings this week:* 730 Woodleigh Way, $134,900 (bank owned) If living in a small town appeals to you, let's talk about how to make that dream a reality in Oxford. To find out the value of your property, questio... 12/09/2010

Oxford, Oakland County, Michigan 48371market reports, statistics, trends12/01/2010 Real Estate Market Today:* median single family home price is $218,708 - up 1%* market action index is at 16.82, currently a buyers    market *** average property has been on the market for about    189 days - down 2%* the median price per square foot for homes is about    $98 - down 1%* about 198 properties are on the market as of    11/28/2010 - down 2%* what does this all mean? inventory is down (2%), days   on market is down (2%), these 2 figures push up (1%)   median home prices, so if this trend continues, home prices will continue to increase.   New Listings:* 0 E. Burdick St, $86,000 (commercial)* 26 E. Burdick St, $397,000 (commercial) Reported Solds This Week:* 46 Lafayette St, $1,250 (lease)* 7... 12/01/2010

The Village of Oxford, Oakland County, Michigan real estate trends, market reports, statistics11/19/2010 Solds this week:* 480 Lakes Edge Dr, $135,000 (short sale) New listings:* 14 W. Burdick St, $49,900 (bank owned) Real estate market today:* the median single family home price as of 11/14/10   for Oxford is $217,315 - 0 percentage change* with a market action index at 15.44, Oxford is   currently a buyer's market* the average property has been on the market for   about 192 days - up 1%* median price per square foot for homes in Oxford as of 11/14/10 is about $99 - 0 percentage change* there are about 201 properties on the market in Oxford - down 1% If living in a small town appeals to you, let's talk about how to make that dream a reality in the Village of Oxford. To find out the val... 11/19/2010