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Macomb County MI Real estate

Macomb County MI real estate blog

Here we go again..multiple offers, homes selling before you can see them, and it goes on and on. Buying a home in Macomb County? Be prepared to make a quick decision!

March 10th, 2011 · 2 Comments · Buyers agency, macomb county mi real estate market, tips for home buyers, tips for purchasing a foreclosure

Snow doesn't stop Macomb County home buyers!I didn’t think it would happen during this time of the year (lousy weather, people not anxious to move in the winter, etc) but nothing should surprise me anymore.

My buyer client sent me a list of 6 homes that she would like to view tomorrow, and when I pulled up the 6 homes only 1 was still available.

(I sent a list of homes to her over the past weekend, so only 5 days had gone by since the time they were “active” in our Multilist database).

We used to see this during the boom years in Macomb County real estate (1997 or so through 2002 ‘ ish).  Now we are seeing it again, especially when it comes to clean, well priced owner occupant homes. (Not everyone wants to purchase a foreclosure or go through the hoops of a short sale.)

My advice:  Be ready.  Have your pre-approval for your mortgage taken care of before you start house hunting.   Thankfully my buyer client isn’t in a hurry to purchase, so she can take her time and won’t mind when these “quick sales” happen before we can view them.  If you are in a hurry (lease ending?  getting married?) then be to move quickly on viewing homes AND writing an offer.

Kris Wales – a partner for your real estate needs in Macomb County MI
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2 responses so far ↓

  • 1 David Weickel // Jul 30, 2013 at 3:59 pm

    I think the clean homes that are being brought into real estate offices are being sat on thus keeping them of mls. How can s home come on line at noon and be sold by 1

  • 2 Kris Wales // Jul 30, 2013 at 4:08 pm

    David, I suspect much the same thing. (Home seller and home buyer are brought together before it is entered in the multilist, sign a contract, and then when the paperwork is wrapped up it is entered as “active” instead of as a one party listing and immediately marked sold) It would certainly make things much less confusing and frustrating for buyers and their agents if those types of transactions never showed up as “active” at all.

    Kris

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