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. […]
Ann Arbor Slowly Inches Towards a Balanced Market While still in a strong seller’s market, with a 3.9 month supply of homes listed for sale, the overall Ann Arbor real estate market is slowly inching towards balanced as more and more inventory becomes available. Inventory is already up 21% since January. The upper price ranges, […]
Winter Market Comes to a Close for Ann Arbor Real Estate The winter Ann Arbor Real Estate market is coming to a close as the temperatures begin to rise and the snow to melt. Inventory for homes is starting to inch up and it remains a seller’s market with a 3.6 month supply of homes […]
It’s a New Year for Ann Arbor Real Estate The new year is off to a strong start for Ann Arbor Real Estate, especially if you’re a seller! The number of homes with contracts pending is up over December, so despite the cold weather buyer activity is increasing. Overall, Ann Arbor is in a seller’s […]
Ann Arbor Real Estate Ends Year With Fewer Sales The year for Ann Arbor Real Estate came to a close with fewer sales than the previous year. Inventory was lower as well. This can be directly attributed to reduced inventory throughout the whole year, which lead to reduced sales. A lack of inventory continues to […]
Happy New Year! We hope you and your loved ones enjoyed a wonderful New Year’s Eve and that you’re as excited and hopeful about 2015 as we are! And if you’re a prospective home seller, a recent report from the National Association of Realtors suggests that there’s a good chance you can get a great […]
Steady Ann Arbor Condo Sales Throughout the Fall Season As the fall real estate market continues, sales for Ann Arbor Condos remain steady, and even increased slightly over last month. Compared with this time last year, inventory and sales are both up – a great indication of a recovered condo market. With increased condo values, […]
New Inventory Slows for Ann Arbor Condos As is typical for this time of year, the Ann Arbor Condo market is seeing a drop in new inventory as fall sets in. And with fewer units listed for sale and less inventory to choose from, we are going further into a seller’s market with a current […]
