2 townships in Macomb County MI showed sales price increases for their residential homes this past October.

November 3rd, 2009 · No Comments · Macomb County MI real estate market report, chesterfield township, shelby township mi

While I was analyzing the Macomb County MI sales data for the month of October I noticed that 2 townships - Shelby Township and Chesterfield Township - had home sales prices increase this past month in comparison to the previous October:

Shelby Township had 53 homes sold in October 2009, and the average sales price was $176,232. In comparison, during October of 2008 there were 45 homes that sold, and the average sales price was $171,928.

Chestefield Township saw 42 homes sold, with an average sales price of $120,411. During October of last year (2008) 31 homes sold with the average sales price of $115,531.

If your home is located within one of these zip codes - 48315, 48316, 48317 , 48318, 48047, 48051 - you should be very happy about the sales prices finally increasing.

All sales data is courtesy of Mirealsource™ and it’s participating brokers and agents, and is deemed to be reliable but not guaranteed. If you would like specific information regarding home values & sales in your neighborhood please don’t hesitate to contact me. No pressure - just conversation.

Tags: Homes sold in Chesterfield Township MI·Homes sold in Shelby Township MI·macomb county mi real estate market

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Latest on Thu, 16:39

Kris Wales: Hi Karen, You have several different issues with this one: Making the payments but not being on the note for the home, and your husband being on the deed of the home. I am not sure if there is any difference in the way a foreclosure would be treated in this instance (with the passing away of the relative who signed the note) or not. You could be considered a tenant, and yet your husband is on the deed, so the interpretation may be different. What you need is good legal advice. Most first consultations are free. If you want me to send you contact information for an attorney in Macomb County please feel free to email me and I will do that for you. Good luck to you, Kris Wales Kris@Chataboutmacomb.com

Karen Lowe: Hi, I have been living in a home for 15 years the **mortgage** only is in someones name who passed away I have been making the payments and went to the bank to try to assume mortgage i was told by the broker to get a loan of my own and let the house go, at this time i am still making payments but cant get caught up as deceasaed was 2 months behind I been trying to catch up since last july when the mortgagee passed, will this property go though the normal foreclosure process of redemption periods and sherrif sale if she is deaceased, my husband in on the deed only!

Kris Wales: Hi Deborah, It sounds like you have 2 distinct issues that need to be answered by a mortgage professional, one that is familiar with the MSHDA down payment program. Please call Michelle Cyplik at 248-601-1349 ext. 206. She's my "go to" gal when it comes to MSHDA. I'm sure she would be happy to answer your questions about what is applicable in your case - no pressure. Good luck, Kris Wales

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