Chat about Macomb County MI real estate & Homes for sale search site

Wednesday of this week I had time to sit down and have a leisurely lunch with a mortgage represensative, Mike Caira of Great Lakes Mortgage Funding in Sterling Heights, that I think highly of and trust to give me the most accurate information.
One of the things that I wanted to know was if he is [...]

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Contrary to all the doomsday talk about home sales in Macomb County and across the state of Michigan, homes that are owned privately are selling.
Let me state this clearly:  Not all home sales in our area are foreclosure sales.
During the last month (December 2008) 208 homes that were privately owned sold.    Out of those [...]

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One of the features of this blog is that a reader can ask a question or leave a comment without having to log in and subscribe. Recently a potential home buyer named Patricia asked a question that many people have been asking:
“I have an offer in on a bank house now and its been 3 [...]

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One of the things I’ve noticed over the last 90 days or so while showing homes in our area is that the foreclosure (bank owned) homes are priced now with selling in mind. A year or so ago the banks overpriced the homes.  I believe they were setting their prices at what they were owed, [...]

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Don’t let the headlines fool you.  Homes are selling in our county, including homes over $200,000.  Yes, people can still get mortgages. Yes, there is help available for home buyers.  And no, I don’t know where the “bottom” of the market is.
I cannot predict the future - all I can do is show you in [...]

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