Blog

  1. Ann Arbor Condo Report – February 2021

    New Inventory Hits the Ann Arbor Condo Market This month saw a significant 29.7% increase in condos added to the Ann Arbor market, there were 83 new units compared to the 64 last February. The average listing price for these condos came in at $404,727, which is a  23.7% rise from the ALP of $327,271… read more

  2. What Are the Benefits of a 20% Down Payment?

    If you’re thinking of buying a condo this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want… read more

  3. Ann Arbor Condo Report – January 2021

    A Seller’s Market? Less New Inventory & More Sold Inventory for Ann Arbor Condos It seems as though the new year was in favor of buyers for Ann Arbor condos. A total of 53 units were listed for sale, a considerable 34.6% decline from the 81 last January. The average listing price increased by 5%… read more

  4. These 4 Negotiating Tips Can Help You Sell for Top Dollar

    Receiving your first offer is one of the most exciting parts of selling your condo or home. And while it might seem like the hard work is finally over, the negotiation process is actually just getting started. Even in a seller’s market, negotiating with a buyer can require quite a bit of time, skill, and… read more

  5. Turn to an Expert for the Best Advice, Especially in 2021

    As we approach the anniversary of the hardships we’ve faced through this pandemic and the subsequent recession, it’s normal to reflect on everything that’s changed and wonder what’s ahead for 2021. While there are signs of economic recovery as vaccines are being issued, we still have a long way to go. It’s at times like… read more

  6. Ann Arbor Condo Report – December 2020

    Almost Two Months on Average for Condos to be on the Market While there is more inventory and higher prices for Ann Arbor condos, the average days on the market is 60 days. There were 39 units listed in the month of December, a significant 77.3% increase from the 22 last December. The average listing… read more

  7. Why Selling Your Condo on Your Own in 2021 Is a Mistake

    There are many benefits to working with a real estate professional when selling your house or condo. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in the industry as… read more

  8. Ann Arbor Condo Report – November 2020

    Market Statistics are Seemingly Stable for Ann Arbor Condos Overall, Ann Arbor condos have not see a considerable change in inventory or prices in November 2020. 56 condos were listed for sale, a 6.6% decrease from the 60 last year. As for the average listing price of these units, it was down similarly by 6.7%… read more

  9. What to Consider When Choosing Your Retirement Condo or Home

    As more and more baby boomers enter retirement age, the question of whether they should sell their homes and move has become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in… read more

  10. Ann Arbor Condo Report – October 2020

    Prices Remain Consistent Overall for Ann Arbor Condos The prices for Ann Arbor condos did not change drastically from last October. For example, the average listing price this past month is $366,788, a minimal increase from the $365,348 prior. New inventory saw a 12.5% rise at 72 condos compared to the 64 from before. As… read more