Blog

1. Ann Arbor Condo Report – April 2021

   Published 4 years ago

   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

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

   Published 4 years ago

   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

3. Ann Arbor Condo Report – March 2021

   Published 4 years ago

   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

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

   Published 4 years ago

   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

5. Ann Arbor Condo Report – February 2021

   Published 4 years ago

   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

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

   Published 4 years ago

   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

7. Ann Arbor Condo Report – January 2021

   Published 4 years ago

   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

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

   Published 4 years ago

   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

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

   Published 4 years ago

   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

10. Ann Arbor Condo Report – December 2020

    Published 4 years ago

    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