Blog
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Ann Arbor Condominium Report – September 2019
Published 6 years agoListing 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
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Mortgage 101: What To Know Before You Apply
Published 6 years agoEverybody 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
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Homeowners Are Happy! Renters? Not So Much.
Published 6 years agoWhen 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
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Ann Arbor Condominium Report – August 2019
Published 6 years agoSlow 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
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7261 Eaton Court – Sophisticated Dexter Condo Living
Published 6 years ago* 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
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Ann Arbor Condominium Report for July 2019
Published 6 years agoCondo 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
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Ann Arbor Condo Report – June 2019
Published 6 years agoEqual 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
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Stop Wondering What Your Budget Is & Get Pre-Approved!
Published 6 years agoIn 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
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2 Myths Holding Back Condo Buyers
Published 6 years agoFreddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that, “For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home is their perception of how much they will need to save… read more
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4 Tips for Making a Competitive Offer
Published 6 years agoSo, you’ve been searching for that perfect place to call ‘home,’ and you’ve finally found it! The price is right and in such a competitive market you want to make sure you make a good offer so that you can guarantee that your dream of making this condo yours comes true! Below are 4 steps… read more