Where is the Ann Arbor Real Estate Market Headed?
Optimism has returned to the Ann Arbor real estate market. While values are still anywhere from 10-65% below the historic highs, they are no longer in a free fall. Ann Arbor homes are an incredible value right now. Low interest rates + the lowest prices in years = opportunity. I don’t believe that this opportunity will last much longer due to a lack of inventory. Most of the leading indicators show a lack of supply and strong demand. Job growth, lack of new construction, and low interest rates have nudged buyers back into the market. Low inventory, decreasing foreclosures, and slowly rising prices are beginning to nudge sellers back into the market. Both of these trends bode well for a healthy real estate market in Ann Arbor.
Here at The Bouma Group, we continue to remain optimistic for 2012. Our powerful Ann Arbor real estate team, in conjunction with our cutting edge marketing and national networks has kept us in the forefront of real estate, both on a national level as well as in Ann Arbor for the 10th year in a row. We continue to be Washtenaw County and Ann Arbor’s #1 home seller, having helped over 254 families move in 2011. Yes, we sell more real estate than anyone else, but we sell them one by one for sellers just like you. We owe our success to our past clients and friends. If you are thinking of buying or selling this year, feel free to give me a call at 734-761-3060 or email me at martin@bouma.com. My industry experience and expertise along with my vast knowledge of the local real estate market allows me to best represent my clients. I’ll gladly sit down with you and share my market knowledge so you can make the right decision for your family.
As always, we sincerely appreciate your business and referrals. We want to be your real estate source in Ann Arbor and Washtenaw County. Don’t forget that our moving truck is always available on a first come service. If you’re ever downtown Ann Arbor, stop in and say hello!