Tom Crowe's Real Estate Blog | Allen Park, MI | Mortgage, Housing Market, Buy House, Home Buyers, Foreclosures

Inside Real Estate
Let Me Help You!
734-673-7421
Follow My Blog
RSS
tomcrowe
Tom Crowe
Broker

    CRS: Certified Residential Specialist
    GRI: Graduate REALTOR® Institute
    25 Years of Experience

Direct: 734-673-7421



Company Info

Downriver Real Estate


Real Estate Tools

Schoolsschools

Communitiescommunities

Calculatorscalculators

Seller

Are Sellers Having Trouble Making Decisions About Their House?

Friday, February 13th, 2009

Having trouble making decisions about your house?  I recently talked to a neighbor of mine that winters in Florida.  They have been retired here in Michigan for the past seven years and have decided to make Florida their primary residence.  In the past they would winter in Florida and have Michigan as their permanent residence.

Everybody thinks Michigan has the worst economy in the nation, but as luck would have it, (that may be a pun) Florida could be in  worse condition.  They told me that values were down nearly 50% and that homes that were selling for $300,000 could be had for $150,000 or less.

Number one, that tells me that things are not as bad here in Allen Park as we think and that our recovery may not be as long as we think.  Florida is primarily a vacation destination…think about it, if we can not afford to take vacations then they will not have our dollars to fund there economy.  As we restructure our economy, don’t forget, Hollywood is near to coming to Allen Park; our jobs will be working to improve the economy in Florida.   Warm and sunny days are on the horizon.

Market Recap

  • Avg. Sales Price: $78,873

  • Avg. Days on Market: 81

Free Market Alerts

Get local reports delivered to you

 
Ask Me a Question

Do you have questions you need Answered?

market alert newsletter

Get free market reports delivered to you. » Sign up today

- Copyright © 2010 Inside Real Estate, LLC

Inside Real Estate does not endorse the agents on this site, and does not guarantee the content submitted by the site's members. Blog and page entries, content, and other information contributed by agents that are members of the site are accountable to the particular agent.