Market Updates

Residential Real Estate Statistics for Oakland County Michigan

December 2014 Compared to December 2013
Information Source: Realcomp II Ltd.

OAKLAND COUNTY:

LISTING INVENTORY

+ 22%

SALES

–    1%

MEDIAN SALES PRICE

+ 11%

Summary:

The housing market continued its recovery in Oakland County in December 2014.

If you are considering buying, don’t wait much longer. Interest rates are still at all time lows and home values continue to rise! You can view the homes that I have listed or search the Multiple Listing Service, yourself, 24/7 on my website.

If you own a home and want a FREE Market Analysis or to lower your property taxes, call me for a free consultation at (248) 514-2640.

Learn how these Statistics Effect YOU!

BUYERS:

  • Time in running out and NOW is the time to act!
  • Mortgage loan rates are still low but how much longer will they stay this low?
  • Home values are on the rise.
  • If you like something, move fast and make a fair offer or you won’t be sleeping in it.

SELLERS:

We are in a stable Market. If you have considered selling in the past 5 years but have been disappointed in your home’s value, contact me now. Values keep increasing!

  • Good homes that are Priced Right and in Good Condition are receiving multiple offers.
  • If you’ve been waiting for values to come up to sell, now is the time to sell before interest rates start rising again, decreasing a buyer’s ability to buy a home.
  • Listing Inventory is increasing so don’t wait for values to go down.
  • You need proven marketing to get the exposure for your home to sell.
  • If you are having problems with your mortgage, I may be able to help with a bank approved Short Sale.
  • I’ll help you net the Most Money from the sale of your home and make it easy for you.
  • Utilize my 30-Day Marketing Plan… I sell 95% of the homes I list!

ACT NOW:
It’s particularly important for you to hire the best REALTOR® to handle your Southeast Michigan real estate transaction. I’m not your typical REALTOR®…I’m unique. Besides being a REALTOR®, I’ve been a real estate lawyer since 1986.  Whether you’re buying or selling, I’m highly qualified to guide you through any real estate transaction. Fill out the form below for more information about how these statistics personally affect you. I’m always happy to answer any questions.

Are you ready to buy or sell Southeast Michigan real estate in Oakland County?  If you want to talk or need more information, call the Michigan Real Estate Expert, Lee Morof, at (248) 514-2640 or contact me now!

Lee Morof
Associate Broker/Attorney
RE/MAX Showcase Homes
Birmingham, Michigan
www.NorthWoodwardHomes.com
info@NorthWoodwardHomes.com
Call:  (248) 514-2640