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Metro Detroit real estate market update

Our Metro Detroit real estate market is what I would call "stable".  Our local housing inventory has been relatively staying the same. Our local MLS has been averaging between 44 -46,000 home listings.  Here is a quick explanation of what a change in housing inventory would mean.   If the housing inventory was growing, it  means homes are not selling as fast, that demand may be down.  More homes would be coming on the market than were selling. Metro Detroit home prices may drop because there is less demand.

If housing inventory was going down it means the real estate market is ''hotter".  That homes are selling faster than they are coming on the market.  It may mean that home prices may be rising.   There may be fewer buyers at that time of the year.

But the Metro Detroit real estate inventory and market prices are relatively stable.  Neither going up in price dramatically or going down quickly.  Which is good for both buyers and sellers.   The investment firm was trying to gauge what the end of the first time home buyers was having on the market.

Another thing that hasn't changed in the last few months is the amount of foreclosures and short sales.  It has been about a 50% split between private owned home sales and the combination of short sales and foreclosures sales.

So as of right now there has been no drastic change in our market because of the end of the first time home buyer credit.



http://www.detroitmichiganrealestatehomes.com/0053BA
Posted on May 21, 2010 @ 11:14 pm by russ.ravary - View Profile
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Wayne County MI real estate update

 Here is a Wayne County MI real estate update.  In Oakland County the median home sales price went up for March and April.  But in Wayne County the median sales price and the number of homes sold went down.  I don't know if the reason the number of Wayne County MI homes went down is because there is a lower number of Detroit foreclosures.  I don't know for sure but I would guess that there are fewer Detroit foreclosures this year. 

I believe the way the banks are doing appraisals is helping drive Metro Detroit home prices down.  Every time there is a foreclosure in a neighborhood it drives the home prices down.  Many times the house can't appraise for more because of all the foreclosures that have sold recently.

for WAYNE County MI
Realist's most recent recording date for this county is 05/03/2010
 Single Family Residence
 Time Period Number of Sales Median Sale Price 
 Mar 2010 1,077 $60,000 
 Mar 2009 1,208 $50,200 
 Feb 2010 817 $62,000 
 Feb 2009 997 $64,000 
 2010 YTD 3,211 $64,500 
 2009 14,714 $60,000 
 Condominium
 Time Period Number of Sales Median Sale Price 
 Mar 2010 150 $80,450 
 Mar 2009 135 $120,000 
 Feb 2010 136 $87,750 
 Feb 2009 99 $115,000 
 2010 YTD 515 $91,000 
 2009 2,071 $104,375 

I hope this information gives you a glimpse of what is happening In Wayne County MI real estate update. If you are looking to buy or sell Wayne County MI real estate feel free to give me a call with any questions.

_______________________________________________________________________________________________________________________ 

MY quote of the day is:

Let us be grateful to people who make us happy; they are the charming gardeners who make our souls blossom.--Marcel Proust



http://www.detroitmichiganrealestatehomes.com/0053AA
Posted on May 17, 2010 @ 9:42 am by russ.ravary - View Profile
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Redford HUD foreclosures and Redford foreclosures

 Currently there are 20 Redford HUD foreclosures and 43 Redford foreclosures currently for sale.  These forclosures have been on the market an average 44 days.

Below is a listing comparing list prices to sold prices.  What is interesting is that 18 Redford HUD foreclosures sold for less than list price.  But 31 of these HUD foreclosures sold for over than list price and 7 of them sold for over 25% over list price.   Only one HUD foreclosure sold for less than 25% below list price.

 

CASE: 261-708408

STATUS: Offer Accepted

ADDRESS: 8842 SAN JOSE, Redford, MI 48239

LIST PRICE: 45,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/21/10 16:27:31

$62,000

$58,900

o/o

02/12/2010

02/22/2010

 

CASE: 261-749859

STATUS: Offer Accepted

ADDRESS: 18299 GARFIELD, Redford, MI 48240

LIST PRICE: 25,000

BED/BATH: 3/1.00

LAST LIST DATE: 01/29/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/04/10 13:41:24

$22,000

$21,100

inv

01/29/2010

02/03/2010

 

CASE: 261-753127

STATUS: Offer Accepted

ADDRESS: 20500 FIVE POINTS ST, Redford, MI 48240

LIST PRICE: 12,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/21/10 17:10:08

$20,002

$19,002

o/o

02/12/2010

02/22/2010

 

CASE: 261-764390

STATUS: Offer Accepted

ADDRESS: 7233 CHATHAM, Redford, MI 48239

LIST PRICE: 11,000

BED/BATH: 3/1.00

LAST LIST DATE: 03/05/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/08/10 17:42:34

$13,500

$12,825

o/o

03/05/2010

03/10/2010

 

CASE: 261-769353

STATUS: Offer Accepted

ADDRESS: 11409 BRAMELL, Redford, MI 48239

LIST PRICE: 23,000

BED/BATH: 4/1.00

LAST LIST DATE: 02/05/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/24/10 16:43:45

$21,059

$20,007

inv

02/05/2010

02/16/2010

 

 

CASE: 261-769667

STATUS: Offer Accepted

ADDRESS: 7651 LAMPHERE, Redford, MI 48239

LIST PRICE: 14,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/26/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/07/10 22:57:46

$15,000

$15,000

o/o

02/26/2010

03/08/2010

 

CASE: 261-771098

STATUS: Offer Accepted

ADDRESS: 9026 RIVERVIEW, Redford, MI 48239

LIST PRICE: 27,000

BED/BATH: 3/1.00

LAST LIST DATE: 03/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/16/10 13:47:09

$33,000

$30,360

o/o

02/12/2010

02/17/2010

 

CASE: 261-776445

STATUS: Offer Accepted

ADDRESS: 18225 FIVE POINTS ST, Redford, MI 48240

LIST PRICE: 19,800

BED/BATH: 3/1.00

LAST LIST DATE: 01/15/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

01/24/10 23:53:01

$17,000

$16,500

o/o

01/15/2010

01/20/2010

 

CASE: 261-780200

STATUS: Offer Accepted

ADDRESS: 11401 BEAVERLAND, Redford, MI 48239

LIST PRICE: 15,000

BED/BATH: 3/1.00

LAST LIST DATE: 01/29/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/01/10 17:25:23

$17,100

$16,245

o/o

01/29/2010

02/08/2010

 

CASE: 261-783724

STATUS: Offer Accepted

ADDRESS: 9093 BEECH DALY RD, Redford, MI 48239

LIST PRICE: 37,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/05/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/13/10 06:38:01

$39,000

$36,200

o/o

02/05/2010

02/16/2010

 

CASE: 261-801915

STATUS: Offer Accepted

ADDRESS: 22326 TIREMAN, Redford, MI 48239

LIST PRICE: 15,000

BED/BATH: 3/1.00

LAST LIST DATE: 01/22/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

01/25/10 16:58:53

$15,052

$14,552

o/o

01/22/2010

01/27/2010

 

CASE: 261-806366

STATUS: Offer Accepted

ADDRESS: 12053 CHATHAM, Redford, MI 48239

LIST PRICE: 13,000

BED/BATH: 3/1.00

LAST LIST DATE: 03/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/19/10 10:10:36

$17,501

$16,626

o/o

03/12/2010

03/22/2010

 

CASE: 261-809021

STATUS: Offer Accepted

ADDRESS: 11376 Columbia, Redford, MI 48239

LIST PRICE: 26,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/26/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/03/10 20:26:14

$27,000

$26,000

inv

02/26/2010

03/03/2010

 

CASE: 261-809604

STATUS: Offer Accepted

ADDRESS: 18691 OLYMPIA, Redford, MI 48240

LIST PRICE: 15,000

BED/BATH: 2/1.00

LAST LIST DATE: 02/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/21/10 17:47:30

$12,800

$12,200

o/o

02/12/2010

02/22/2010

 

CASE: 261-817946

STATUS: Offer Accepted

ADDRESS: 11653 RIVERDALE, Redford, MI 48239

LIST PRICE: 20,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/15/10 13:07:20

$22,500

$20,700

o/o

02/12/2010

02/22/2010

 

CASE: 261-818677

STATUS: Offer Accepted

ADDRESS: 20364 GAYLORD, Redford, MI 48240

LIST PRICE: 33,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/17/10 09:13:36

$27,251

$26,451

o/o

02/12/2010

02/22/2010

 

CASE: 261-821216

STATUS: Offer Accepted

ADDRESS: 7709 PARKLAND, Redford, MI 48239

LIST PRICE: 10,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/19/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/23/10 14:03:19

$16,551

$15,724

o/o

02/19/2010

02/24/2010

 

CASE: 261-827073

STATUS: Offer Accepted

ADDRESS: 20498 KINLOCH, Redford, MI 48240

LIST PRICE: 25,000

BED/BATH: 3/1.50

LAST LIST DATE: 02/05/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/15/10 18:11:03

$24,000

$22,900

o/o

02/05/2010

02/16/2010

 

CASE: 261-831882

STATUS: Offer Accepted

ADDRESS: 9983 GRAYFIELD, Redford, MI 48239

LIST PRICE: 22,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/17/10 15:05:12

$25,210

$24,010

o/o

02/12/2010

02/17/2010

 

CASE: 261-835343

STATUS: Offer Accepted

ADDRESS: 7761 DOLPHIN, Redford, MI 48239

LIST PRICE: 14,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/26/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/03/10 15:11:19

$22,500

$21,375

o/o

02/26/2010

03/08/2010

 

CASE: 261-836040

STATUS: Offer Accepted

ADDRESS: 18679 NORBORNE, Redford, MI 48240

LIST PRICE: 20,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/26/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/03/10 04:03:11

$19,000

$18,050

inv

02/26/2010

03/03/2010

 

CASE: 261-840815

STATUS: Offer Accepted

ADDRESS: 15352 Garfield, Redford, MI 48239

LIST PRICE: 20,000

BED/BATH: 3/1.50

LAST LIST DATE: 02/19/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/27/10 09:59:28

$21,000

$19,320

o/o

02/19/2010

03/01/2010

 

CASE: 261-841396

STATUS: Offer Accepted

ADDRESS: 14219 SALEM, Redford, MI 48239

LIST PRICE: 42,000

BED/BATH: 3/1.00

LAST LIST DATE: 03/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/13/10 12:55:23

$45,000

$41,400

o/o

03/12/2010

03/17/2010

 

CASE: 261-843759

STATUS: Offer Accepted

ADDRESS: 10001 RIVERDALE, Redford, MI 48239

LIST PRICE: 26,000

BED/BATH: 3/1.00

LAST LIST DATE: 01/22/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

01/31/10 16:46:06

$26,700

$24,900

o/o

01/22/2010

02/01/2010

 

CASE: 261-844241

STATUS: Offer Accepted

ADDRESS: 13511 WOODBINE, Redford, MI 48239

LIST PRICE: 27,000

BED/BATH: 3/1.50

LAST LIST DATE: 02/05/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/14/10 14:23:11

$28,500

$26,300

o/o

02/05/2010

02/16/2010

 

CASE: 261-844802

STATUS: Offer Accepted

ADDRESS: 20530 SUMNER, Redford, MI 48240

LIST PRICE: 26,400

BED/BATH: 2/1.00

LAST LIST DATE: 01/29/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

01/27/10 08:51:27

$22,000

$20,900

inv

01/08/2010

01/13/2010

 

CASE: 261-845955

STATUS: Offer Accepted

ADDRESS: 15445 FENTON, Redford, MI 48239

LIST PRICE: 15,000

BED/BATH: 3/2.00

LAST LIST DATE: 02/05/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/13/10 21:21:29

$15,000

$14,250

o/o

02/05/2010

02/16/2010

 

CASE: 261-847450

STATUS: Offer Accepted

ADDRESS: 11336 SIOUX, Redford, MI 48239

LIST PRICE: 37,000

BED/BATH: 3/1.00

LAST LIST DATE: 03/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/18/10 07:18:46

$37,000

$34,040

o/o

03/12/2010

03/17/2010

 

CASE: 261-851553

STATUS: Offer Accepted

ADDRESS: 13958 BERWYN, Redford, MI 48239

LIST PRICE: 38,700

BED/BATH: 3/1.00

LAST LIST DATE: 03/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/17/10 14:31:31

$15,000

$14,250

inv

03/12/2010

03/17/2010

 

CASE: 261-854296

STATUS: Offer Accepted

ADDRESS: 8866 LENORE, Redford, MI 48239

LIST PRICE: 41,000

BED/BATH: 3/1.50

LAST LIST DATE: 01/15/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

01/22/10 07:29:24

$60,000

$57,000

o/o

01/15/2010

01/25/2010

 

CASE: 261-855922

STATUS: Offer Accepted

ADDRESS: 13468 FARLEY, Redford, MI 48239

LIST PRICE: 35,000

BED/BATH: 3/1.50

LAST LIST DATE: 02/26/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/28/10 10:47:19

$46,000

$42,320

o/o

02/26/2010

03/08/2010

 

CASE: 261-868936

STATUS: Offer Accepted

ADDRESS: 8179 BEAVERLAND, Redford, MI 48239

LIST PRICE: 14,000

BED/BATH: 3/1.00

LAST LIST DATE: 03/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/19/10 06:10:04

$21,550

$21,050

o/o

03/12/2010

03/22/2010

 

CASE: 261-869070

STATUS: Offer Accepted

ADDRESS: 18877 Glenmore, Redford, MI 48240

LIST PRICE: 16,500

BED/BATH: 3/1.00

LAST LIST DATE: 01/29/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/04/10 20:38:20

$14,000

$13,300

inv

01/29/2010

02/03/2010

 

CASE: 261-869337

STATUS: Offer Accepted

ADDRESS: 13957 SAN JOSE, Redford, MI 48239

LIST PRICE: 14,000

BED/BATH: 2/1.00

LAST LIST DATE: 01/29/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/08/10 03:46:22

$15,511

$15,011

inv

01/29/2010

02/08/2010

 

CASE: 261-871404

STATUS: Offer Accepted

ADDRESS: 9459 Hazelton, Redford, MI 48239

LIST PRICE: 45,000

BED/BATH: 2/1.00

LAST LIST DATE: 02/05/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/09/10 18:44:39

$50,000

$47,000

o/o

02/05/2010

02/10/2010

 

CASE: 261-876113

STATUS: Offer Accepted

ADDRESS: 14148 SALEM, Redford, MI 48239

LIST PRICE: 52,200

BED/BATH: 3/1.00

LAST LIST DATE: 03/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/20/10 01:16:44

$300,100

$298,595

inv

01/22/2010

02/01/2010

 

CASE: 261-876651

STATUS: Offer Accepted

ADDRESS: 11783 RIVERDALE, Redford, MI 48239

LIST PRICE: 27,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/19/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/24/10 17:51:27

$25,000

$23,750

inv

02/19/2010

02/24/2010

 

CASE: 261-880480

STATUS: Offer Accepted

ADDRESS: 7289 LAMPHERE, Redford, MI 48239

LIST PRICE: 15,000

BED/BATH: 3/1.00

LAST LIST DATE: 01/22/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/24/10 14:49:14

$13,500

$12,825

inv

01/22/2010

02/01/2010

 

CASE: 261-880623

STATUS: Offer Accepted

ADDRESS: 19735 NEGAUNEE, Redford, MI 48240

LIST PRICE: 20,000

BED/BATH: 3/1.00

LAST LIST DATE: 03/05/2010

 

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/14/10 15:18:50

$29,000

$26,680

o/o

03/05/2010

03/15/2010

CASE: 261-884783

STATUS: Offer Accepted

ADDRESS: 9959 HEMINGWAY, Redford, MI 48239

LIST PRICE: 40,000

BED/BATH: 3/1.00

LAST LIST DATE: 01/29/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/01/10 14:27:19

$40,500

$38,475

o/o

01/29/2010

02/08/2010

 

CASE: 261-885715

STATUS: Offer Accepted

ADDRESS: 18455 FOX, Redford, MI 48240

LIST PRICE: 26,000

BED/BATH: 3/1.00

LAST LIST DATE: 01/15/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

01/24/10 14:18:02

$31,100

$28,612

o/o

01/15/2010

01/25/2010

 

CASE: 261-886484

STATUS: Offer Accepted

ADDRESS: 19189 Woodworth, Redford, MI 48240

LIST PRICE: 13,000

BED/BATH: 3/1.00

LAST LIST DATE: 01/29/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/03/10 09:43:52

$13,500

$12,825

inv

01/29/2010

02/03/2010

 

CASE: 261-889270

STATUS: Offer Accepted

ADDRESS: 9554 BRADY, Redford, MI 48239

LIST PRICE: 50,000

BED/BATH: 3/1.50

LAST LIST DATE: 03/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/15/10 15:43:06

$55,500

$51,060

o/o

03/12/2010

03/17/2010

 

CASE: 261-889657

STATUS: Offer Accepted

ADDRESS: 25939 DOVER, Redford, MI 48239

LIST PRICE: 63,000

BED/BATH: 3/1.50

LAST LIST DATE: 03/05/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

03/06/10 09:33:48

$69,000

$63,480

o/o

03/05/2010

03/15/2010

 

CASE: 261-892144

STATUS: Offer Accepted

ADDRESS: 12751 HEMINGWAY, Redford, MI 48239

LIST PRICE: 36,000

BED/BATH: 3/1.50

LAST LIST DATE: 01/22/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

01/25/10 23:49:20

$42,000

$39,900

o/o

01/22/2010

01/27/2010

 

CASE: 261-893176

STATUS: Offer Accepted

ADDRESS: 25231 KEELER, Redford, MI 48239

LIST PRICE: 13,000

BED/BATH: 3/1.00

LAST LIST DATE: 01/15/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

01/24/10 13:24:26

$15,100

$14,350

o/o

01/15/2010

01/25/2010

 

CASE: 261-893909

STATUS: Offer Accepted

ADDRESS: 9537 FENTON, Redford, MI 48239

LIST PRICE: 32,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/22/10 12:19:01

$35,100

$33,345

inv

02/12/2010

02/22/2010

 

CASE: 261-904178

STATUS: Offer Accepted

ADDRESS: 15337 DIXIE, Redford, MI 48239

LIST PRICE: 17,000

BED/BATH: 2/2.00

LAST LIST DATE: 02/05/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/18/10 14:42:15

$16,000

$15,200

inv

02/05/2010

02/16/2010

 

CASE: 261-906850

STATUS: Offer Accepted

ADDRESS: 25505 ELBA, Redford, MI 48239

LIST PRICE: 14,000

BED/BATH: 2/1.00

LAST LIST DATE: 02/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/21/10 14:32:24

$17,600

$16,720

o/o

02/12/2010

02/22/2010

 

CASE: 261-908004

STATUS: Offer Accepted

ADDRESS: 12816 Berwyn, Redford, MI 48239

LIST PRICE: 22,500

BED/BATH: 3/1.00

LAST LIST DATE: 02/19/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/03/10 10:20:05

$20,000

$19,000

inv

01/15/2010

01/25/2010

 

CASE: 261-913139

STATUS: Offer Accepted

ADDRESS: 9960 HAZELTON, Redford, MI 48239

LIST PRICE: 23,400

BED/BATH: 3/1.00

LAST LIST DATE: 02/12/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/18/10 18:29:36

$25,400

$24,130

inv

02/12/2010

02/17/2010

 

CASE: 261-916887

STATUS: Offer Accepted

ADDRESS: 20524 POINCIANA, Redford, MI 48240

LIST PRICE: 25,000

BED/BATH: 3/1.00

LAST LIST DATE: 02/19/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

02/27/10 12:51:52

$25,500

$24,225

o/o

02/19/2010

03/01/2010

 

  

CASE: 261-941648

STATUS: Offer Accepted

ADDRESS: 17685 SUMNER, Redford, MI 48240

LIST PRICE: 32,000

BED/BATH: 3/1.00

LAST LIST DATE: 01/15/2010

Broker

Bid Submitted

Purchase Price

Net Price

Category

List Date

Priority Ended

 

01/25/10 10:53:32

$30,000

$28,500

inv

01/15/2010

01/25/2010

 

 

Search Redford Michigan foreclsoures and Redford HUD foreclosures



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Posted on Apr 03, 2010 @ 6:20 am by russ.ravary - View Profile
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Bellleville Lake front homes for sale - Wayne County Lake front homes

Here is a list of what Belleville Lake front home for sale are listed right now and what has sold in the last yet this.  The are no many Wayne County lakes.  Belleville Lake is conveniently located close to I-94.

LIST PRICE STREET NAME SQUARE FOOTAGE BEDROOMS BATHS.LAVS BASEMENT TYPE GARAGE YEAR BUILT
$149,900 RYZNAR 1022 2 1   N 1948
$169,900 RAWSONVILLE 1144 2 1.1 Finished Y 1955
$239,900 POTTER 1916 4 1.2 Partial Fin Y 9999
$249,900 HURON RIVER 1654 3 2 Partial Fin Y 1930
$299,000 LIBERTY 2414 3 2.1 Unfinished Y 2002
$309,000 RYZNAR 1700 3 2 Finished walkout Y 1947
$324,900 HURON RIVER 2317 5 2 Finished walkout Y 1976
$329,900 DENTON 2148 3 2 Finished walkout Y 1977
$330,000 INTERSTATE 94 SERVICE 2276 3 2.1 Unfinished Y 2001
$334,500 ORMOND 1828 3 2 Partial Fin Y 1958
$369,900 DENTON 2379 4 2.1 Unfinished Y 1948
$399,900 QUIRK 2700 3 2.1 Unfinished Y 2000
$595,000 HURON RIVER 3027 3 3.1   Y 1993
$645,000 BELLEVILLE 2236 4 3.1 Finished Y 1957
$748,425 SHORE 2810 4 2.2 Finished Y 1971
$1,750,000 SHORE 3906 3 4.1 Finished walkout Y 2000

Here is the list of Belleville Lake homes that have sold in the last 6 months 

RS
LIST PRICE STREET NAME SQUARE FOOTAGE BEDROOMS BATHS.LAVS YEAR BUILT
$227,900 HARMONY 2567 3 2.1 1957
$239,900 LAKEVIEW 2044 4 2 1940
$250,000 HURON RIVER DRIVE 1264 3 2.1 1952
$299,000 HARMONY 1809 4 2.1 1957
$264,900 STANLEY 1399 3 1.1 1955
$399,900 INTERSTATE 94 SERVICE 1744 4 3 1956
$399,900 I 94 SERVICE DR 1744 4 3 1956
$769,900 HURON RIVER 3342 5 3.1 1967

There are hundreds of great lakefront homes with an hour or two of metro Detroit.  If you have more questions about these  Belleville Lake front homes for sale give me a call or email me.  I can get you inside to see them.

Search Belleville Lake homes or other local lake homes, get the lake front home listings emailed directly to you



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Posted on Mar 26, 2010 @ 8:53 am by russ.ravary - View Profile
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Canton MI real estate update - Canton Median home prices

Here is a Canton MI real estate update on Median home prices.  The median price is simply the price at which half of the homes sold are more expensive and the other half are less expensive.

Let say in this reporting period of Canton median home prices.... the medianprice of that neighborhood has risen, it does not affect over all values of the homes. It just means that more of the expensive side of the median sold in that reporting period. The same is true when the Canton median price declines. It only means that more of the less expensive homes sold.  But the median home price also shows the overall price trend of the area.

Right now the Median home prices of Canton real estate has fallen dramatically in the last few years.  Not only has the home prices fallen but it also showing that more lower price homes are selling than higher price homes.

Median Sale Price

So never take Canton Median home prices as indicator of what your house is worth.  If you are thinking of selling call your local real estate agent (My cell is (313) 310-9855) to find out what your house is worth.  Let say there are 2 exactly the same colonial in Canton, the home's value can be dramatically different depending where it is in Canton, MI.  The same is true of colonials.  So don't let the Canton Median home price scare you.  Yes Canton home prices have fallen but not as much as the median value suggests.

Search Canton homes for sale



http://www.detroitmichiganrealestatehomes.com/0052DE
Posted on Mar 25, 2010 @ 9:42 am by russ.ravary - View Profile
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Remerica Hometown One
Russ Ravary
44785 Five Mile Road
Plymouth, MI 48170


Phone: (734) 414-3261
Fax: (734) 420-3299
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Global Mortgage Group
Cell: (313) 310-9855
Fax: (734) 522-1072