Detroit Real Estate

2009 Canton MI photographs

         Every year on Fathers Day weekend Canton Township officials

                  has a festival for its residents and for the local area

                           It is open to everybody actually but geared to Canton residents.

                                 They call it the Liberty Festival

                                                              The Liberty Festival has

                                                   a great car show featuring old and new cars

                                       There are various tents set up around the

                         festival for local merchants

          including window companies, Chiropractors,

and many others.

         The local churches have boths to explore their religion

                         local civic groups such as the humane society are their

                                       local hospitals and doctors are there promoting safety and

                                                      health tips

        The Michigan scale model boat club had their little motorized boats

                         skimming across the water to the enjoyment of the young and old.

      I had these potato chips

                      smoothered in sour cream and  cheese.

                                             Lots of great food of all varieties from the local Coney Island

                                                                          to Chinese, to Italian, food for any taste

                                           Everybody has fun

                                                    They have music and entertainment shows

                                                                  Rides for the kids

                                                                       Performing dogs

                                                                              Police demonstrations

  Everybody had fun whether it was the kids

                or the parents there was something to do for everybody.

                                               Canton Michigan is also known as Canton Twp

                              Canton is an ethnically and culturally diverse community

                                        A town with low crime statistics and good schools

                                           What a great place to live and raise your kids!

Russ Ravary your Canton real estate agent 

                                  Search Canton Real estate

There are currently 31 Canton foreclosures.  When you go out to look at Metro Detroit foreclosures you need to know the market.  So many Michigan home buyers think that they can go out an low ball a foreclosure, after all that is what the newscasters are saying. 

I have pulled the last 45 days of Canton Foreclosures.  Here are what they were in the table below.  Canton foreclosures sold prices are all over the map.  There are some that sold for 50% or below list price.  The is one that is in the table that defies my knowledge of the market why it sold at such a low price.  It was a HUD home and that is a different type of bidding.  That guy got a steal.

DOM stands for days on the market.  Look at that column.  Look at all the ones that sold quickly.  Look at what those foreclosures sold for.

Banks are many times underpricing the list prices in order to sell the homes quickly.  They want to sell them in 60 days and what better way to do that then price them below the Metro Detroit real estate market.   10 OF THESE CANTON FORECLOSURES SOLD AT OR ABOVE LIST PRICE.   10 OUT 26 OF  HOMES IN THE LAST 45 DAYS!  That is almost 38% percent of them!

Whether you are my client or another agent's clients I hope this helps you.  Because an educated client will make good choices.  There is going to be some fool out there bidding on these foreclosures at 25% and 50% below list price, and they are going to lose the house if they are nice and have multiple offers.  That Wayne County home buyer is going to get frustrated.

But if you know the market and know what is happening you are going to be able to win the bid and get the house. I know my wife would be upset if she finally found the house she wanted and then lost it because I was trying to steal it and I lost it by being cheap.   They key to buying the house is to bid right.  Sure you might low ball the house if it has been on the market for 90 -150 days.  Then you may have a good chance at it.  But if the foreclosed home just came out and is underpriced compared to the other homes you have been looking at.  And it is nicer.  Then be prepared to pay list or over list to get it. 

That is the bottom line.  Get the house you want at a good price.  Bid smart!  Look at the market around you bid to get the house and still get a deal.  

If you would like to have foreclosure listings emailed to you join my Vip Metro Detroit foreclosure club.  I can send whatever city you want either daily, weekly, or monthly.  Just let me know.  Or feel free to pick up the phone or email me with questions.

Search Southeastern Michigan Lake homes or get indepth lake information

Russ Ravary Your Oakland and Wayne County real estate agent.

Comps and listing information was provided courtesy of Real Comp II Ltd.  Homes sold above were sold by various member Realtors

 Many people are unfamiliar with Canton MI or Canton Township MI.  Metro Detroiters use both those names but they are one and the same community.  If you have a Michigan relocation in your future Canton is a town you should check out. 

Canton Township officials have carefully planned and executed the growth of Canton.  It has grown quickly from a farming community to a place where people want to live.  With homes ranging from $150,000 to up to $450,000 there is a home style and size for any potential Metro Detroit home buyer.

The township has a total area of 36.0 square miles and they estimate the population is over 86,000 residents. 

Canton Golf Courses 

Canton has two golf courses. Pheasant Run Golf Club is a great public 27-hole course covers more than 300 acres.  Fellows Creek Golf Club has 27 holes over three unique nine-hole courses, which are played in three eighteen-hole combinations.

Below are links to other articles I have written about Canton Twp

Canton Info MI

Canton Township Photos

Canton MI Data

Why live in Canton

Canton Crime Statistics

Canton Twp Schools

Canton Parks and Recreation

Canton Demographics

Canton bank foreclosures

If you are moving to Michigan I urge you to check out Canton,  You won't be disappointed in the family atmosphere that makes Canton's subdivisions a place to make memories in.  If you have any questions feel free to call or email me.

Russ Ravary Your Canton real estate agent

We must learn to view change as a natural phenomenon - to anticipate it and to plan for it. The future is ours to channel in the direction we want to go... we must continually ask ourselves, "What will happen if...?" or better still, "How can we make it happen?"

                                                                 Lisa Taylor

Canton Twp real estate

Here is a brief photo tour of Canton Twp MI

 Canton Historical Museum (winter photo) is located on Canton Center road just north of the township offices.  Canton was largely a farming community.

	Canton Township has a relatively new township hall and fire department.  Canton's police department, city hall, library, and fire department are all clustered together.
Even the ducks enjoy Canton Twp's parks and ponds.  This Canton photo was taken behind the police station.
	This playscape is a great place to bring the kids when you have nothing to do.  Located in the park behind the library on the way to the recreation center.

                                   Canton Township winter scene.  Canton gets 

                         about 40 inches of snow a year over

                                          4 1/2 months 

	Here is a photo of the township office.  The Township clerk and Mayor and most of the departments are located here on Canton Center Road.
The Summit on the Park community center is a 95,000 square foot building in the beautiful 105-acre Heritage Park.  It has a fitness center, banquet facilities, gym, pool,  racquetball court, dance studios, and a walk jog track.
	Canton Township has many different styles of condos.  The Links at Pheasant Run are some beautiful condos located near the Pheasant Run golf course.

A covered Pavilion in Heritage Park.  I hoped you enjoyed this glimpse of Canton Twp and the small photo tour.  For more on Canton Township give me a call or email me.  Canton Michigan is a great place to live!

Russ Ravary Your local Canton Real estate agent 

email Yesmyrealtor@gmail.com or cell (313) 310-9855

Canton Township Real estate update as of 3/25/2009

Here is what is happening in Canton Township real estate MI in the last 30 days.

There have been 100 Canton Twp homes sold or gone pending in the last 30 days.  Out of the 100 Canton homes sold 34 were foreclosures and 13 were short sales.  So 47% of all Canton homes sold in the last month were distressed sales.

Here is a quick glimpse of the Canton Township Real estate market.  Here are the bottom 7 sales and the top 7 sales.

List Price            Sold Price

 74,000               18,000

112,000              51,000

 65,000               53,000

 99,000               85,000

 89,900               91,000

107,500             107,500

114,000             108,300

150,000            155,000

168,900            170,125

255,000             255,000

299,000             280,000

369,000             310,000

349,000             320,000

309,000             331,900

The bottom three were Canton Township foreclosures sold by HUD.  They had been on the market for about 6 months each.  They were dumped by HUD and sold much below list price. 

But on the opposite end out of the 14 homes listed 5 sold at or above list price.   As you notice one home actually sold for $22,000 more than they asked for it.  That bank must have been aggressively priced it.  I am betting it got multiple offers.

So once again if you are bidding on a Canton Township foreclosures here are 5 things to take into account

1. How long has it been on the market?
2. Is it one of the best homes you have seen for the price?
3. What have been the sold prices in the area?
4. Look at the trend or how close has the list price of the homes compared to the sold price?
5. How bad do you really want it? 

Using those 5 factors that is how you should bid.  If you really want it bid to get it....it's that simple. (Within reason)   

Search Canton Twp Foreclosures and homes for sale

I hope this gave you a little idea of what is happening in Canton Twp MI real estate

                                         Russ Ravary  Canton Twp Realtor