Blog

  1. Ann Arbor Condo Report – November 2019

    Decrease in Sold Ann Arbor Condos Ann Arbor condos have seen an overall decline in inventory, more prominently for the amount of sales. A total of 45 condos have been listed this past November, and this is a 21.1% decline from the 57 previously. The average listing price has also declined from $380,532 to $329,900,… read more

  2. Saving up for a New Home or Condo? Here Are All the Costs You Need to Know

    Once you’ve found the perfect home or condo and secured the loan, all that’s left to do is start chipping away at those mortgage payments…right? In actuality, there are a handful of other, often-overlooked expenses that come with buying a home, but as long as you know what you’re getting into, they’re plenty manageable. Take… read more

  3. Ann Arbor Condominium Report – September 2019

    Listing Prices Remain Consistent Overall, there has not been much variance in the statistics for Ann Arbor condos compared to the 2018 numbers. In the month of September, listing prices declined minimally from $322,848 last year to $315,491 currently. 62 condos were listed for sale and this is a 19.2% increase compared to the 52… read more

  4. Mortgage 101: What To Know Before You Apply

    Everybody loves talking about mortgages. They’re fun, easy to understand, and a great icebreaker, right?….Wrong. Thanks to their lengthy process, technical jargon, and confusing options, mortgages have a bit of an intimidating reputation—but it doesn’t have to be that way! If you’re in the process of buying a new condo and dreading the mortgage application… read more

  5. Homeowners Are Happy! Renters? Not So Much.

    When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home or condominium. However, two recent studies show that the non-financial benefits might be even more valuable. In a recent survey, Bank of America asked homeowners: “Does owning a home make you happier than… read more

  6. Ann Arbor Condominium Report – August 2019

    Slow Activity for Sellers In the month of August, Ann Arbor condos saw a decline in both the average selling price and the amount of properties sold. 68 condos were listed for sale this past month, which is a 8.1% difference compared to the 74 entered last August. The average listing price rose 19% from… read more

  7. 7261 Eaton Court – Sophisticated Dexter Condo Living

    * Featured Condo Listing * 7261 Eaton Court, Dexter MI 48130 $384,900   Beautifully maintained Eaton Court condo just east of downtown Dexter, a delightful community with an easy commute to Ann Arbor. This recently renovated unit features exquisite, solid cherry plank wood floors throughout main level. The neutral color scheme & 10′ ceilings highlight… read more

  8. Ann Arbor Condominium Report for July 2019

    Condo Prices Declining Both listing and selling prices for Ann Arbor condos have significantly decreased in comparison to last year’s statistics. In the past month, 74 units were listed and this is a 22.1% decline compared to the 95 entered into the MLS the July prior. The average listing price has dropped a considerable 35.4%… read more

  9. Ann Arbor Condo Report – June 2019

    Equal Inventory Listed and Sold in June Great news for sellers in the month of June, as 68 condos were listed and 68 were sold in Ann Arbor. Last June, 87 units were listed for sale, a 21.8% decline, and 53 were sold, 28.3% increase. The average listing price was $316,090 versus $353,306 in June… read more

  10. Stop Wondering What Your Budget Is & Get Pre-Approved!

    In many markets across the country, the number of buyers searching for their dream home or condo outnumbers the number for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about purchasing is to get pre-approved for a mortgage before starting… read more