Here’s your local housing market update for May 2020.
The median sales price and the average sales price are mostly holding steady or trending up. At the same time, the housing inventory and the months supply are trending down. So, what does this mean?
If you’re a buyer, make sure you understand there’s limited supply and another home may not be out there. If you’re a seller, price your home competitively to attract more buyers.
Spring has arrived! Now that the ground has thawed and the trees are beginning to bud, it’s time to prepare your home for spring. On top of your regular spring cleaning, you’ll also want to consider these general home maintenance tips. Since most of us have extra time at home right now in our current, unique life situation, it’s a good time to complete some spring home maintenance. Use our checklist below to make sure your home is well taken care of.
If you need any recommendations, please let us know. We have a great network of service professionals we can refer you to.
We consider our clients family, and wish you all health, happiness and safety during this time of uncertainty.
It’s a new month, which means we’re here to share with you the latest housing market stats. We’ll be looking at February and comparing 2020 to 2019.
What you’ll find is median sales price and average sales price are mostly trending up and housing inventory and months supply are trending down. So, what does this mean?
If you’re a buyer, make sure you understand there’s limited supply and another home may not be out there.
If you’re a seller, price your home competitively to attract more buyers.
That’s it for now. Thank you for your time and take care
Coldwell Banker Weir Manuel Press Release
FOR IMMEDIATE RELEASE:
The John Goodman Real Estate Team is #10 in North America in Closed Adjusted Gross Commission Income (AGCI) for Coldwell Banker® among small teams (1-3).
(BinghamFarms, MI – 2/21/2020) – The John Goodman Real Estate Team of Northville Michigan, Realtors with Coldwell Banker Weir Manuel ranked #10 in Closed Adjusted Gross Commission Income in 2019 among small teams (1-3) throughout North America in the Coldwell Banker® system.
Mortgage rates continue to remain near historic lows. As a result, your borrowing power is higher, which opens up more options when buying your next home.
So, take a closer look below at the Primary Mortgage Market Survey from Freddie Mac. The blue line represents a 30-year fixed mortgage, the green line is a 15-year fixed mortgage, and the orange line is an Adjustable Rate Mortgage.
Thank you for reading our Good News. We appreciate you keeping in touch.
Thank you, thank you, thank you to all of our incredible clients that trust us as your Realtors, and share your personal real estate journey with us! 🙌
We finished 2019 strong and proud as a family team:
– #1 Gross Commission Income (teams 1-3 members)
– #1 Listings Sold (teams 1-3 members)
– #1 Buyer Controlled Sales (teams 1-3 members)
– #1 Plymouth, Novi, Northville area
– $61.4 Million in Sales
– 119 Families helped
We couldn’t do it without our incredible clients who support and trust us, day in and day out. We strive to provide professionalism, experience and treat everyone like family. You are what we are most grateful for! Thank you for an amazing 2019! If you or someone you know is looking to buy or sell 🏡 in 2020, contact us today!
It’s a new month, which means I’m here to share with you the latest housing market stats. We’ll be looking at January and comparing 2020 to 2019.
What you’ll find is median sales price is mostly trending up and housing inventory is trending down. So, what does this mean?
If you’re a buyer, make sure you’re not dragging your feet when you find the right home because another one may not be out there.
If you’re a seller, now is a great time to take advantage of the market and get top dollar.
That’s it for now. Thank you for your time and take care!
We had the pleasure of joining Capital Mortgage Funding for an awesome experience LIVE 🤩 on 97.1 FM The Ticket “Hardcore Mortgage Show” on Saturday, February 1, 2020. Click to view the recording.
Time to meet your new neighbors! We know it’s important to keep an eye on the local housing market. Below are some of the homes that have recently sold in the area, so you have an idea of what homes are selling for.
If you’d like to learn more about the value of a home, we’d be happy to do that for you. Just let us know.
All the best, JGRE
Happy New Year! It’s January, and I’m here to share with you the latest housing market stats. We’ll be looking at December and comparing 2019 to 2018.
Carrying over from last month, median sales price is trending down and housing inventory is mixed. So, what does this mean?
If you’re a buyer, it’s a great time to get out there! Prices are in your favor and in most areas, there are plenty of options.
If you’re a seller, it’s a great reminder of how important it is to have the right real estate professional who knows the area, can effectively market your home, and can help you come up with a great pricing strategy.
That’s it for now. Thank you for your time and take care!
