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Macomb County MI Real estate

Macomb County MI real estate blog

Entries Tagged as 'macomb county mi real estate market'

Sold homes in Chesterfield Township – August 2012

September 4th, 2012 · 1 Comment · chesterfield township, macomb county mi real estate market

It was another busy month for home sales in Chesterfield Township!   A total of 41 homes sold! (I did not include leases/ rentals in this market report). One part of the data that I also did not include is “days on market”.  I find that because of short sales, and the amount of time they […]

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Sterling Heights is doing well again – fewer homes for sale, prices rising!

August 7th, 2012 · No Comments · macomb county mi real estate market, sterling heights, tips for home sellers

Over the last couple of weeks I’ve been spending time showing potential buyers homes for sale in Sterling Heights.  Last year we would have had 5-6 homes on each outing to view, this year we are lucky to have 2-3 homes to see. During the month of July last year (2011) 106 homes sold in […]

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Multiple offers on Macomb County MI homes for sale – the new trend we are seeing

July 3rd, 2012 · No Comments · chesterfield township, macomb county mi real estate market, tips for home buyers

My last post about the homes that are selling in Chesterfield Township and New Baltimore illustrated how the  real estate market is going for this northeastern area of Macomb County. Recently I’ve had buyer clients experience this first hand.   Both Chesterfield Township homes that my buyer clients have purchased have had multiple offers on them.   […]

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Multiple offers, deadlines, and “submit your highest and best” aren’t just for bank owned homes in Macomb County lately

May 7th, 2012 · 1 Comment · Buyers agency, macomb county mi real estate market, tips for home buyers

Have you been house hunting lately in Macomb County MI?   If you have, you’ve likely heard your buyers agent say “If you like it, don’t want too long to think about it.”     I’ve always hated saying this to my clients, but I would be negligent in my duties as a buyers agent if I didn’t […]

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Foreclosures are down finally, but that means multiple offers on homes for sale in Macomb County MI

April 12th, 2012 · No Comments · macomb county mi real estate market, tips for home buyers, tips for purchasing a foreclosure

The Detroit News has an article this morning about foreclosures and default filings in Macomb County and the Metro Detroit area, and the first thought that came to my mind was:   We’ve been seeing this for months now! Almost every buyer that I am working with has been running in to this problem:  There are […]

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Still declining? Stabilizing? Rebounding? It depends on where your home is located in Macomb County MI

January 17th, 2012 · No Comments · macomb county mi real estate market

I thoroughly enjoy reading about the real estate market in general, and often find myself nodding along to a point an author makes or wanting to add my 2 cents to the topic.    What I have learned over my 15 years in the real estate industry in the county I live in (Macomb County MI) […]

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What is shadow inventory? Explaining an often heard term in our real estate market – Macomb County MI

January 12th, 2012 · No Comments · macomb county mi real estate market, tips for home sellers

Shadow Inventory.  It’s a murky term, as the word “shadow” usually means something dark following us around.    When we hear it in a way that relates to our local real estate market, for example Macomb County and the Metro Detroit area, it means homes that are sitting vacant on our blocks and in our subdivisions […]

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One of those “just when I thought I heard it all…” moments while showing a house in Macomb County

September 2nd, 2011 · No Comments · Buyers agency, macomb county mi real estate market, tips for home buyers, tips for home sellers

Several months ago I read an article written by another real estate agent (in another part of the country) about an incident she had while showing homes to a  young buyer couple. The house was empty (the sellers left for the showing) and the buyers looked at the home thoroughly, even though they really weren’t […]

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Low-ball offers and how they can affect your purchase of a Macomb County MI home..

August 3rd, 2011 · No Comments · Buyers agency, macomb county mi real estate market, tips for home buyers

I’ve heard it so often that I cringe each time I hear it from a potential home buyer: “So-and-so told me to never offer more than 50% of the list price” or some version of that sentence. My response? If the homes list price is double what the market value is, then by all means […]

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An increase in calls about “tagged” homes after purchase – what Macomb County buyers should know BEFORE they buy!

June 29th, 2011 · No Comments · Appraisals in Macomb County MI, Buyers agency, macomb county mi real estate market, tips for purchasing a foreclosure

In the last month or so I have received more phone calls about an article I wrote last year that warned Macomb County MI home buyers about “tagged” homes and the certificate of occupancy that is needed before they can move in. There are 2 things I have learned from these calls:    1) Some buyers […]

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Important copyright information: All photos were taken by Kris Wales. Do not copy and use photos for your own use, whether it be for personal or commercial purpose. All articles were written by Kris Wales. Once again, do not copy and use for your own purposes. Important disclaimer: Views expressed on the blog by the author and commenters do not express the views of Keller Williams Realty. All information contained is deemed to be reliable at the time of posting but not guaranteed.