Ann Arbor Real Estate Listings Increase 28% Ann Arbor Real Estate listings are on the rise and have increased 28% over last month. This is great news for would-be home buyers who have been waiting for new inventory to come to the market. Overall, we are just barely in a seller’s market with a 4.7 […]
5 Reasons Why Cash is King in Real Estate You may have heard that term before, ‘Cash is King’ when referring to a whole host of things. But it’s never been more true than in today’s real estate market. With such a lack of inventory, especially in the Ann Arbor area, as soon as a […]
Ann Arbor Condo Listings Finally Increasing After experiencing a steady decline in listings from the peak last May, the Ann Arbor Condo market is finally seeing a rise in inventory. Compared with February 2013, the number of listings has grown by almost 8%. While that’s not a huge increase, it’s a good start and hopefully […]
Ann Arbor Actually Sees Decrease in Inventory Unlike previous years, and other areas tracked, Ann Arbor has actually experienced a decrease in listing inventory from last month. Typically, inventory begins to rise between January and February, with the peak around May. Last year, inventory rose 17% between January and February. Could the frigid temps and […]
Home buying fervor has driven home prices to their largest annual gain since 2005, according to a recent article in the Wall Street Journal. Evidently, home buyer interest – fueled by low mortgage rates as well as reduced inventories – helped drive prices up in 2013. Now, experts are saying that home buyers and home […]
Ann Arbor Condo Inventory Begins to Rise The Ann Arbor Condo market had a strong start to the new year with increased inventory and steady sales. In just the past month, the inventory of condos listed for sale has increased by 34%. The number of units with contracts pending also increased, by 28%, an indication […]
Frozen Ann Arbor Real Estate Market! The Ann Arbor Real Estate market begins the year in a seller’s market with steady sales and lower inventory. Compared with January 2013, the number of homes listed for sale and sales for the past 12 months are virtually the same. But when compared with January 2012, homes listed […]
Year Ends on High Note for Ann Arbor Real Estate As the year comes to a close, sales for the past 12 months remain at the highest level in more than 6 years with 1288 Ann Arbor homes sold. At the end of the December there were 329 homes listed for sale, down 42% from […]
It’s a Seller’s Market for Ann Arbor Real Estate With a continued decline in inventory, the overall Ann Arbor real estate market is currently in a seller’s market with a 3.9 month supply of homes listed for sale. All price ranges, except for over $1 million, are experiencing a seller’s or balanced market. This is […]
Sales Not Slowing Down for Ann Arbor Real Estate While new listing activity for Ann Arbor homes is slowing as the holiday season approaches, sales continue to climb. In fact, sales are at the highest point they’ve been in more than 6 years, when tracking sales for the past 12 months. Home buyers are still […]
