Elegantly appointed brick home on the 10th fairway of Stonebridge Golf Course. Meticulously decorated w/extensive hardwood floors, elegant colors and lighting.
Master suite features over sized spa tub and clear glass shower, custom accent lighting in bedroom. Formal living room, den, family room w/fireplace, formal dining, two studies and 3 car garage!
Fabulous contemporary kitchen w/sleek double ovens, granite countertops, stainless steel cook top and vented stainless hood fan. Kitchen eating space overlooks deck and fairway.
2190 Stonebridge, Ann Arbor, MI features Team366’s proprietary Listing Syndication System. We make use of narrated walk through videos and a syndication system that pushes your property to the “corners” of the internet. Interested in learning more? Give Todd a Twitter, call us at 734.476.1343 or drop us a note at info-at-team366-dot-com.
So the announcement has been made and referenced many times over already:
The Ann Arbor News will close in July 2009, after 174 years. A new news source will arise online and in twice a week print editions: AnnArbor.com. The question that real estate agents and sellers should be asking is, “What do I do now?”
Here’s the video describing the upcoming change by Matt Kraner, President and CEO of AnnArbor.com:
The Ann Arbor Real Estate market is underway for 2009. With two months behind us, let’s review some numbers. Below is a brief video discussion on the housing market here in Washtenaw County. “Below the fold” are the charts and some more discussion.
The first month of 2009 is behind us. Is it an indicator of things to come, or is it simply in line with how January’s have been in the past?
Typically, there are fewer sales in January, and therefore the averages are thrown off a bit. This year, the silver linings for January are the decreased number of listings coming on the market and the fact that there were more closings in January 2009 than January 2008.
Overall, the Washtenaw County housing market has further to decline in price, if it is to return to an even market. As Econ 101 taught us, when demand is steady, and inventory high, the only way to burn off the inventory is to lower prices
Or offer a tax credit for purchasers…
In an attempt to “juice” the housing market along, the Feds have apparently settled on a tax credit for first time primary residence purchasers. Effectively, this lowers the cost of purchasing that first home for many folks. This could help in moving properties in the first time home buyer price points.
Average List Price - Month 2008
Average list price for January was $184,414, down over 21% from January 2008.
Average Sales Price - Month 2008
The average sales price in Washtenaw County was $157,810 in January. This is down nearly 25.5% compared to January 2008.
Number of Listings v Closings - Month 2008
# of New Listings: January saw 393 listings come on the market. That is a nearly 66.5% decrease in the number of new listings compared to January 2008. Keep in mind that the listings tracked here have not been scrubbed for re-lists or price adjustment re-listings.
# of Closings: 192 closings in January 2008, nearly 8% more than January 2008.
