Ann Arbor Condo Inventory Down 14% The leaves are falling and so is Ann Arbor Condo inventory! When compared with this time last year, inventory is down 14% with 172 listings overall, and new condo listings are down 25% with 70 new units compared with 94 last year. Condo sales are also slightly down for […]
Seller’s Market Continues for Ann Arbor Condos Ann Arbor Condos continue to be in a seller’s market with a 3.4 month supply of units listed for sale. Due to steady sales and lower inventory, it has been a seller’s market for the entire year. We anticipate this type of market will last throughout the rest […]
Summer Ends with Strong Real Estate Sales! Ann Arbor Real Estate sales remain strong as the summer market comes to an end. According to the Ann Arbor Area Board of Realtors, residential sales for August 2015 were up 20% when compared with August of last year. Inventory is beginning to decline, which is resulting in […]
Condo Sales in Ann Arbor Up Year-to-Date Condo sales in Ann Arbor are up 7% year-to-date when compared with this time last year. Sale for the month of July were actually a bit slower than last July, down 13.3%, indicating that the first half of this year was busier for closings. Overall, Ann Arbor condos […]
Ann Arbor Home Sales Up in July When comparing single family home sales in July 2015 to those of July 2014, the number of homes sold rose 14.9%, according to the Ann Arbor Area Board of Realtors. Ann Arbor is just barely in a balanced market with a 5.1 month supply of homes listed for […]
Investing In Real Estate: AchieveYour Real Estate Goals With mortgage rates so low, many investors choose to invest in real estate, as opposed to the stock market. In addition, real estate is a prime investment for novice investors, as it is more tangible and understandable than stocks and the index. According to Bankrate’s annual investment […]
Inventory Continues to Rise for Ann Arbor Homes Ann Arbor home inventory has almost doubled since the beginning of the year and is at it’s highest level with 549 listings. Typically, June has the most listings than any other month during the year. Ann Arbor is in a balanced market with a 5.6 month supply […]
Ann Arbor Area Home Sales Up 20% According to data from the Ann Arbor Board of Realtors, home sales for May 2015 are up 20% when compared with May 2014. Year to date, the AABOR sales are up 19% while The Bouma Group sales are up 48%. Overall, the Ann Arbor Real Estate market is […]
The summer months should be quite busy for home buyers, sellers and real estate agents alike! As we head into June, real estate analysts are saying that the national housing market is poised for a successful (and busy!) summer home buying market. Several factors are at play, experts say, including low housing inventory, pent up […]
Regardless of where you live, experts are expecting that Baby Boomers will have a major impact on the local housing market. That’s because this sizable portion of the population is comprised of 76.4 million individuals. And many of them are expected to make major moves over the next several years as they continue to retire. […]
