Hot off the Excel SS presses, here are some statistics to look over. These stats are compiled from the Ann Arbor Area Board of Realtors monthly statistics reports. If you would like to see more monthly stats from them, click here. The upshot of the numbers is that it is what we have come to… Continue Reading
So the Detroit Free Press has finally jumped on the bandwagon and figured out that the local housing market is inundated with homes to sell. Signs of Sagging Demand is the headline and the article goes on to point to examples of homes on the market for a long time, one as long as two… Continue Reading
I’m sure you have heard a hubbub recently about this new home valuation site called Zillow. Heck, it’s even over there on the right hand side of the page as a link for you to check out! If you are new to the Zillow craze, the summary is that the founder of Expedia.com spent a… Continue Reading
Are you one of the many folks that decided to purchase your home with an Adjustable Rate Mortgage (ARM)? Or did you recently refinance yourself into and ARM? While the immediate benefits of the ARM as a mortgage product were and, in some cases, still are substantial, the majority of folks currently in an ARM… Continue Reading
If you haven’t heard recently, Michigan is going through a change in its economy. While that’s stating the obvious, what might not be immediately obvious is the impact on the housing market this changing economy is having. This article points to Michigan’s current foreclosure statistics as being double the national average, with 8,200 homes currently… Continue Reading
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