Karen Reeber's Real Estate Blog | West Bloomfield MI | Short Sales, Foreclosures, First Time Home Buyers, Real Estate Market, Buyers, Sellers

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karenreeber
Karen Reeber
REALTOR®
    Years of Experience: 35+

    ABR®: Accredited Buyer's Representative
    CRP: Certified Relocation Professional
    CRS: Certified Residential Specialist
    RE/MAX Lifetime Achievement

Direct: (248)-730-0451



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Well Maybe Things Are Starting To Pick Up???

Calling to make appointments last week, almost all of the offices that I called put me on hold as the phones were ringing more than they have in many months.  Seems as if the warmer weather is encouraging more buyers to come out and get the good deals while they are still available.  Yes, someday these deal are going to be gone and how many are going to be saying “wish I had bought my home, investment property, second home back when…..”?

Also, looking over the statistics for homes for sale versus homes that have gone pending and/or closed was quite eye opening.  There are almost 600 homes listed for sale in West Bloomfield and the closed/pending sales for the past month are close to 100.

I think that those sold numbers are very encouraging.  A lot of buyers are out there taking advantage of those good deals and some day will be very happy they did.  In the meantime, they have purchased a nice place to live or rent out (as an investment) and something that will grow in appreciation more so than many of the other investments are doing today.

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Market Recap

  • Avg. Sales Price: $246,028

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