Metro Detroit Real Estate Blog : Michigan Real Estate News - Blog Archive: January, 2008

Metro Detroit real estate blog with news, statistics, pricing comparables, mortgage rates, and market updates, brought to you by one of the top real estate agents in the entire country MARK Z. Real Estate Team selling over 250 homes a year.

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January 2008

There are 2 blog entries for January 2008.

Choosing A Real Estate Agent In Michigan

Thursday, January 31st, 2008 at 8:41pm. 501 Views, 0 Comments.

A real estate agent will guide you to - and through - the most important decision of your life.

How do you know, for sure, that he will act in your best interests? How do you know if he will really work for you? Is he too busy for you? What of his personal integrity? How much effort will he expend for you?

You will want to feel very comfortable with the real estate agent that you choose, comfortable enough to be able to say 'no' to the bargain of the month and 'no' to the almost perfect house.

He must not be intimidating to you, yet a business-like attitude and assertiveness are qualities you will want in a professional acting for you.

Often when you are choosing a business professional, the outcome is not so critical, but who wants to lose

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December 07 ' Northville Market Update

Monday, January 14th, 2008 at 3:58pm. 515 Views, 0 Comments.

In December of 2007 there were 329 homes for sale while 17 homes sold.  This is compared to 26 homes selling in December of 2006.  That means it would take us more than 19 months to just sell the inventory we have, if no other homes came on the market.  That means 5% of the homes on the market in Northville are actually selling.

The average list price in December, 2007 was $464,588.24 and the average sales price was $429,721.29.  This means home sellers in Northville got an average of 92% of their sales price.  Now keep in mind thats what the average Realtor net their seller.  The average price per square foot in Northville was $136.86/Sq Ft, and it took an average of 160 days to sell each home.

MARK Z. gets an average of 98.2% of his sales price for

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