In today’s hot market, it’s more important than ever to choose the right agent to help you buy or sell a home.
Real estate agents don’t just offer local expertise—their insider knowledge and marketing prowess come in handy, too.
Thinking about making a move in the new year? Contact us to start planning now!
Here Are the Top 10 Qualities Every Successful Real Estate Agent Should Have
Did you know that 75% of buyers and sellers work with the first agent they meet? It’s true—but that doesn’t mean it’s the best decision. If you want to come out on top in today’s competitive market, experts often recommend interviewing a few candidates before settling on the right real estate professional for the job. And if you’re not sure where to start, we’ve outlined 10 qualities of a highly successful agent.
Why Every Buyer and Seller Should Sign Up for Listing Alerts
Today’s real estate market is more fast-paced than ever—in fact, it’s not uncommon for a place to sell above asking price not long after it’s listed. So if you’re serious about buying, you need a to-the-minute resource to help you stay ahead of the competition.
This is where listing alerts come in handy. Just use our fully customizable filters to narrow down your search, and you’ll receive an email right when a condo or house matching your criteria hits the market. And if you’re thinking about selling, you can also use listing alerts to scope out the competition in your area.
Want to learn even more about the benefits of signing up for listing alerts? Here are three additional perks that every buyer and seller should know about. Continue reading →
Many of the dynamics seen in 2021 will carry through into next year’s housing market, but at a much less frenzied pace.
As remote work becomes a more permanent, widespread option, Millennials are taking advantage and entering the real estate market.
We’re ready for another seller’s market. Like last year, there isn’t time to waste—contact us to start planning now!
What Buyers and Sellers Need to Know About the 2022 Housing Market
In the final few weeks of 2021, both home buyers and sellers look forward to what lies ahead in 2022. We can help build your strategy to stay competitive! Don’t wait for the real estate market to heat up during the spring and summer. Here’s what you need to know to get ahead of the competition next year.
First-time home buyers can overcome the challenging market
The month of August experienced less drastic change in its metrics. A total of 156 listings were added to the Ann Arbor housing market, only a 3.3% increase from the previous August. Properties sat on the market for an average of 17 days, which was a considerable 45.2% drop from the 31 days in August 2020. There was an 18.4% decline in the amount of sold homes, from 141 to 115 recently. The average sale price increased by 5.9% though, $476,076 versus $504,283.
Since the start of the year, 1,288 homes have been entered into the multiple listings service, and this was a 4.4% change from the 1,234 from this time last year. 915 homes have been sold thus far in comparison to the 765 earlier – a 19.6% increase. Cumulatively, the ASP rose 14.1% to $526,753 versus the $461,649 before.
Hometown Village of Ann Arbor Market Update – August 2021
A desired Ann Arbor neighborhood consists of complimentary homes in a lovely setting. The homeowners association of Hometown Village of Ann Arbor ensures that the subdivision remains picturesque with its white picket fences and flower boxes. There are no active listings and so far this year, 5 homes have sold.
Homes Sold in 2021:
$480,000. 1349 Timmins Drive, Ann Arbor. 2255 sq. ft., + 1019 in the finished lower level; 3 bedrooms and 3.1 baths.
$467,500. 1561 Chapleau Drive, Ann Arbor. 1990 sq. ft., + 700 in the finished lower level; 5 bedrooms and 3.1 baths.
$450,000. 1273 Timmins Drive, Ann Arbor. 1842 sq. ft., + 800 in the finished lower level; 5 bedrooms and 3.1 baths.
$446,000. 1484 Chapleau Drive, Ann Arbor. 2730 square feet with 3 bedrooms and 2.1 baths.
$390,000. 1479 Chapleau Drive, Ann Arbor. 2091 square feet with 3 bedrooms and 2.1 baths.
The Average Days on the Market Drop to 12 for Ann Arbor Homes
The Ann Arbor housing market seems to be continuing on a similar trajectory. There was a 25.3% increase in active listings from 162 last June to 203 homes recently. Sellers will be happy to know that the average days on the market declined to only 12 days, a 65.7% difference. As well, the average sale price rose from 12.8%, $472,763 versus $533,139 in June 2021. Sales declined slightly to 146 this past month.
Year-to-date statistics also remained pretty consistent. A total of 1,134 homes have been entered into the multiple listings service thus far, which is a 4.7% increase from the 1,083 last year at this time. Closed sales have seen an even larger increase from 624 to 796 homes, a 27.6% rise. Cumulatively, the ASP is $530,165, which is a 15.7% increase in comparison to the ASP of $458,389 before.