My perspective on this is that home prices will continue to fall this year. BUT WHAT WILL INTEREST RATES DO? Remember that if rates rise one percent the cost savings you save on the price of the house may be lost in higher mortgage payments. Nobody knows where the interest rates will go or when the housing market will bottom out.
So what I recommend to anybody that is thinking about buying a home is watch the area you want. Browse the Michigan homes for sale on my website on and off. There may be a home that comes up. It may be your dream home. It might sell before next year.
You may not see any home you like for 6 months to a year, but you may find the exact home you want 4 months from now. The bottom line is getting the home you want. It may not be at the absolute rock bottom price but if rates are good I would consider putting an offer in on the home you want. For more on Michigan Mortgages, Michigan Real Estate, Detroit Real estate or to search over 70,000 Michigan Homes for sale feel free to go to my website www.RussRavary.com If you want a Michigan Foreclosure list email me at info@RussRavary.com
Showing posts with label michigan homes for sale. Show all posts
Showing posts with label michigan homes for sale. Show all posts
Sunday, March 16, 2008
Wednesday, February 13, 2008
Northville Real Estate
Latest Maple Hill Subdivision Neighborhood Update, Northville, MI as of January 1, 2008 There is 1 Northville home currently for sale in the sub. The average list price is $395,000 and on the average has been on the market for 285 days
Price-Address-Bed
$395,000-17333 VICTOR CT-3
IF YOU OR ONE OF YOUR FRIENDS, OR CHILDREN WOULD LIKE TO SEE ONE OF THESE LOVELY NORTHVILLE HOMES EMAIL ME AT INFO@RUSSRAVARY.COM OR CALL ME ON MY CELL AT 313-310-9855
Here are all the Northville homes that have sold in Maple Hill, Northville, MI in the last year as of 1/1/2008
Price-Address-Bed-Sold Date
$292,000-17870 MAPLE HILL DR-4-9/25/2007
$307,500-17236 CAMERON DR-4-8/3/2007
$317,667-17540 MAPLE HILL DR-3-11/25/2007
$335,000-17200 VICTOR DR-4-5/31/2007
$345,000-17892 MAPLE HILL DR-3-1/3/2007
$349,000-17871 MAPLE HILL DR-3-7/24/2007
$350,000-17305 MAPLE HILL DR-4-11/12/2007
$368,000-17280 SUMMIT DR-4-5/23/2007
$380,000-17800 MAPLE HILL DR-4-6/10/2007
$380,000-17265 MAPLE HILL DR-4-10/2/2007
$390,000-17297 VICTOR CT-4-2/12/2007
1 Northville home has sold Maple Hill Subdivision in the last year with an average price of $346,742 after being on the market an average of 110 days.
Remember when you price your Northville home right it will not sit on the market as long. So if you have to move call me for the latest comparative market analysis (CMA) of your Wayne County Subdivision or Oakland County subdivision.
If you want other Northville subdivisions or City of Northville, MI info go to my website http://www.russravary.com/ You can get buyers tips, sellers tips, or search Michigan homes for sale for free without giving any personal contact info or logging in! IF YOU WANT A NEIGHBORHOOD UPDATE FOR YOUR SUBDIVISION EMAIL ME AT INFO@RUSSRAVARY.COM I hope this Michigan neighborhood newsletter helped you! And helps keep you up to date. If you are thinking of selling a home give me a call or email me at info@russravary.com Or if you know somebody that is looking to buy a home I will help them search out a good deal. Have a great day. Russ Ravary
Latest Maple Hill Subdivision Neighborhood Update, Northville, MI as of January 1, 2008 There is 1 Northville home currently for sale in the sub. The average list price is $395,000 and on the average has been on the market for 285 days
Price-Address-Bed
$395,000-17333 VICTOR CT-3
IF YOU OR ONE OF YOUR FRIENDS, OR CHILDREN WOULD LIKE TO SEE ONE OF THESE LOVELY NORTHVILLE HOMES EMAIL ME AT INFO@RUSSRAVARY.COM OR CALL ME ON MY CELL AT 313-310-9855
Here are all the Northville homes that have sold in Maple Hill, Northville, MI in the last year as of 1/1/2008
Price-Address-Bed-Sold Date
$292,000-17870 MAPLE HILL DR-4-9/25/2007
$307,500-17236 CAMERON DR-4-8/3/2007
$317,667-17540 MAPLE HILL DR-3-11/25/2007
$335,000-17200 VICTOR DR-4-5/31/2007
$345,000-17892 MAPLE HILL DR-3-1/3/2007
$349,000-17871 MAPLE HILL DR-3-7/24/2007
$350,000-17305 MAPLE HILL DR-4-11/12/2007
$368,000-17280 SUMMIT DR-4-5/23/2007
$380,000-17800 MAPLE HILL DR-4-6/10/2007
$380,000-17265 MAPLE HILL DR-4-10/2/2007
$390,000-17297 VICTOR CT-4-2/12/2007
1 Northville home has sold Maple Hill Subdivision in the last year with an average price of $346,742 after being on the market an average of 110 days.
Remember when you price your Northville home right it will not sit on the market as long. So if you have to move call me for the latest comparative market analysis (CMA) of your Wayne County Subdivision or Oakland County subdivision.
If you want other Northville subdivisions or City of Northville, MI info go to my website http://www.russravary.com/ You can get buyers tips, sellers tips, or search Michigan homes for sale for free without giving any personal contact info or logging in! IF YOU WANT A NEIGHBORHOOD UPDATE FOR YOUR SUBDIVISION EMAIL ME AT INFO@RUSSRAVARY.COM I hope this Michigan neighborhood newsletter helped you! And helps keep you up to date. If you are thinking of selling a home give me a call or email me at info@russravary.com Or if you know somebody that is looking to buy a home I will help them search out a good deal. Have a great day. Russ Ravary
Lakes of Northville subdivision real estate update, Northville Township, MI
Northville Township Real Estate
Latest Lakes of Northville Subdivision Neighborhood Update, Northville, MI as of January 1, 2008
There are 6 Northville Township homes currently for sale in the sub. The average list price is $332,267 and on the average has been on the market for 226 days
Price-Address-Bed
$2,200-41584 WATERFALL RD-3
$294,900-41881 PON MEADOW DR-4
$310,000-41934 PONMEADOW-3
$325,000-42400 BRADNER RD-4
$325,900-17148 PON VALLEY DR-4
$337,900-41584 WATERFALL RD-3
$399,900-42359 BRADNER-4
IF YOU OR ONE OF YOUR FRIENDS, OR CHILDREN WOULD LIKE TO SEE ONE OF THESE LOVELY NORTHVILLE HOMES EMAIL ME AT INFO@RUSSRAVARY.COM OR CALL ME ON MY CELL AT 313-310-9855
Here are all the Northville Township homes that have sold in Lakes of Northville, Northville, MI in the last year as of 1/1/2008
Status-Price-Address-Bed-Sold Date
Leased-$1,850-42092 N WATERWHEEL CT-4-8/31/2007
Leased-$2,100-42155 WATERFALL RD-4-4/15/2007
SOLD-$257,500-17233 LILYPAD CT-4-5/19/2007
SOLD-$301,500-42016 CRESTVIEW CIR-4-10/15/2007
SOLD-$315,000-42063 CRESTVIEW CIR-3-8/10/2007
SOLD-$315,000-18080 WINCHESTER-4-9/13/2007
SOLD-$325,000-42035 CRESTVIEW CIR-4-6/5/2007
SOLD-$331,500-41473 WATERFALL RD-4-10/26/2007
SOLD-$332,000-42144 CRESTVIEW CIR-4-4/10/2007
SOLD-$333,000-17732 FARMCREST CT-4-8/3/2007
SOLD-$380,000-42164 N WATERWHEEL CT-5-3/8/2007
3 Northville Township homes have sold in Lakes of Northville subdivision the last year with an average price of $236,667 after being on the market an average of 124 days.
Remember when you price your Northville home right it will not sit on the market as long. So if you have to move call me for the latest comparative market analysis (CMA) of your Wayne County Subdivision or Oakland County subdivision.
If you want other Northville subdivisions or City of Northville, MI info go to my website http://www.russravary.com/ You can get buyers tips, sellers tips, or search Michigan homes for sale for free without giving any personal contact info or logging in! IF YOU WANT A NEIGHBORHOOD UPDATE FOR YOUR SUBDIVISION EMAIL ME AT INFO@RUSSRAVARY.COM I hope this neighborhood newsletter helped you! And helps keep you up to date. If you are thinking of selling a Michigan home give me a call or email me at info@russravary.com Or if you know somebody that is looking to buy a home I will help them search out a good deal. Have a great day. Russ Ravary
Latest Lakes of Northville Subdivision Neighborhood Update, Northville, MI as of January 1, 2008
There are 6 Northville Township homes currently for sale in the sub. The average list price is $332,267 and on the average has been on the market for 226 days
Price-Address-Bed
$2,200-41584 WATERFALL RD-3
$294,900-41881 PON MEADOW DR-4
$310,000-41934 PONMEADOW-3
$325,000-42400 BRADNER RD-4
$325,900-17148 PON VALLEY DR-4
$337,900-41584 WATERFALL RD-3
$399,900-42359 BRADNER-4
IF YOU OR ONE OF YOUR FRIENDS, OR CHILDREN WOULD LIKE TO SEE ONE OF THESE LOVELY NORTHVILLE HOMES EMAIL ME AT INFO@RUSSRAVARY.COM OR CALL ME ON MY CELL AT 313-310-9855
Here are all the Northville Township homes that have sold in Lakes of Northville, Northville, MI in the last year as of 1/1/2008
Status-Price-Address-Bed-Sold Date
Leased-$1,850-42092 N WATERWHEEL CT-4-8/31/2007
Leased-$2,100-42155 WATERFALL RD-4-4/15/2007
SOLD-$257,500-17233 LILYPAD CT-4-5/19/2007
SOLD-$301,500-42016 CRESTVIEW CIR-4-10/15/2007
SOLD-$315,000-42063 CRESTVIEW CIR-3-8/10/2007
SOLD-$315,000-18080 WINCHESTER-4-9/13/2007
SOLD-$325,000-42035 CRESTVIEW CIR-4-6/5/2007
SOLD-$331,500-41473 WATERFALL RD-4-10/26/2007
SOLD-$332,000-42144 CRESTVIEW CIR-4-4/10/2007
SOLD-$333,000-17732 FARMCREST CT-4-8/3/2007
SOLD-$380,000-42164 N WATERWHEEL CT-5-3/8/2007
3 Northville Township homes have sold in Lakes of Northville subdivision the last year with an average price of $236,667 after being on the market an average of 124 days.
Remember when you price your Northville home right it will not sit on the market as long. So if you have to move call me for the latest comparative market analysis (CMA) of your Wayne County Subdivision or Oakland County subdivision.
If you want other Northville subdivisions or City of Northville, MI info go to my website http://www.russravary.com/ You can get buyers tips, sellers tips, or search Michigan homes for sale for free without giving any personal contact info or logging in! IF YOU WANT A NEIGHBORHOOD UPDATE FOR YOUR SUBDIVISION EMAIL ME AT INFO@RUSSRAVARY.COM I hope this neighborhood newsletter helped you! And helps keep you up to date. If you are thinking of selling a Michigan home give me a call or email me at info@russravary.com Or if you know somebody that is looking to buy a home I will help them search out a good deal. Have a great day. Russ Ravary
Sunday, July 8, 2007
Appraisal Myths and facts
Myth: An appraisal determines your sales price. Did you know that one appraiser can appraise a Wayne county home and come up with one price and another different appraiser can appraise the same Wayne county home and come up with a totally different price. A third one can come up with a third price. They may never come up with the same price with they all appraise one Michigan house for sale. The appraisal process is very subjective. That is why it is better not to pay for an appraisal and use a CMA, comparative market analysis.
Myth: An appraisal is a guarantee of what my house is worth. My lender used the appraisal three years ago and the house was worth more than you are saying it is worth now. If your appraiser said your Oakland county home was worth $300,000 two years ago it was because there were homes similar to your that were selling for that price. Unfortunately Michigan house prices have fallen in 2006 and 2007. So many Michigan houses for sale were over priced when they went on the market in 2007.
Fact: An appraisal is a tool that lenders use to find out if the value of the home is there to give a loan out. Appraisers are licensed by the state and take continuing education classes. In Michigan appraisers have over 2000 hours of schooling and internship under another appraiser. The lender does not ask for a guarantee of value they are looking for a professional opinion.
Fact: Sometimes appraisals are rejected by the bank. Banks have other appraisers that double check the appraisal. If that appraiser feels the value is not there then they give a different value and the original appraisal may not be used.
So when you are ready to price your Michigan Home whether it is a Livingston county home, a Wayne county, a Washtenaw county home, or Wayne county home call me(russ ravary) to get you a CMA of your home. That way you will have the necessary information to price your home. It will give you what is for sale locally, what homes that are similar in size, style, and condition have sold for recently. That will give you the information to make a sound decision.
To get more information on selling your home go to my website http://www.russravary.com/ or search Michigan homes for sale
Myth: An appraisal determines your sales price. Did you know that one appraiser can appraise a Wayne county home and come up with one price and another different appraiser can appraise the same Wayne county home and come up with a totally different price. A third one can come up with a third price. They may never come up with the same price with they all appraise one Michigan house for sale. The appraisal process is very subjective. That is why it is better not to pay for an appraisal and use a CMA, comparative market analysis.
Myth: An appraisal is a guarantee of what my house is worth. My lender used the appraisal three years ago and the house was worth more than you are saying it is worth now. If your appraiser said your Oakland county home was worth $300,000 two years ago it was because there were homes similar to your that were selling for that price. Unfortunately Michigan house prices have fallen in 2006 and 2007. So many Michigan houses for sale were over priced when they went on the market in 2007.
Fact: An appraisal is a tool that lenders use to find out if the value of the home is there to give a loan out. Appraisers are licensed by the state and take continuing education classes. In Michigan appraisers have over 2000 hours of schooling and internship under another appraiser. The lender does not ask for a guarantee of value they are looking for a professional opinion.
Fact: Sometimes appraisals are rejected by the bank. Banks have other appraisers that double check the appraisal. If that appraiser feels the value is not there then they give a different value and the original appraisal may not be used.
So when you are ready to price your Michigan Home whether it is a Livingston county home, a Wayne county, a Washtenaw county home, or Wayne county home call me(russ ravary) to get you a CMA of your home. That way you will have the necessary information to price your home. It will give you what is for sale locally, what homes that are similar in size, style, and condition have sold for recently. That will give you the information to make a sound decision.
To get more information on selling your home go to my website http://www.russravary.com/ or search Michigan homes for sale
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