Blog

  1. Ann Arbor Condo Report – May 2021

    A Significant Increase in Sold Ann Arbor Condos Although the amount of added inventory for Ann Arbor condominiums is starting to cool, sales are going full steam ahead. There was a 5.3% increase for new listings from 113 last May to 119 recently. Sold condos on the other hand jumped from 35 to 77, a… read more

  2. Keep Calm and Move On: How to Tackle a Long-Distance Relocation

    Whether you’re heading down the street or to a new town, moving is always a tough transition. However, a long distance relocation presents a whole new set of challenges you might not have considered. Picking up your life can be an exciting change, but it’s also a bit overwhelming. Need some help navigating the process?… read more

  3. Exposing the 4 Factors Agents Use to Price Your Condo Right

    Key Takeaways: Before you list your condo, it’s crucial to understand how much a buyer would be willing to pay for it. Your agent will use a variety of factors to determine a competitive list price—and some of them might be a little unexpected. If you’re looking for a fast and accurate way to price… read more

  4. Ann Arbor Condo Report – April 2021

    Indicators of a Seller’s Market All of the market statistics for Ann Arbor condos increased this April, therefore displaying favor towards sellers. Firstly, there was a significant 94.1% increase in added inventory from 51 condos to 99 this past month. The average days on the market rose only by 1 day, coming to 27 days… read more

  5. Is Homeownership Still Considered Part of the American Dream?

    Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the American story. We became a nation out of a desire to slip the bonds of Europe, which was still in many… read more

  6. Ann Arbor Condo Report – March 2021

    Rise in Listed and Sold Inventory Ann Arbor condos saw an increase in all of their statistics in the month of March. 100 units were added to the market, versus the 91 last March, a 9.9% increase. The average listing price for these condos went from $283,169 before to $394,977, a considerable 39.5% rise. There… read more

  7. Searching for a Smaller Home or Condo? Here are the Top Tips for Downsizing

    Downsizing can be a great choice for homeowners looking to make a financial or lifestyle change. After all, a smaller amount of space means less money on utility bills and less stress from clutter. Are you a recent empty-nester? Moving for financial reasons? Or maybe you’ve watched a few episodes of Tidying Up with Marie… read more

  8. 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

  9. 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

  10. 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