Written by Kcollica on February 4th, 2009
While taking a winter break here in sunny Florida I’ve wanted to read and watch what is happening real estate wise in this market. As a Michigan Realtor (Real Estate One, Team366) I wanted to see where this market stood compared to the Ann Arbor, Washtenaw County market. What I’ve learned is that the market is so saturated with a bloated residential/condo market that it will be years before it recovers, although the article in today’s local paper is encouraging.
The premise of the article is that real estate continues to struggle as home prices continue to drop most everywhere, but the reality is that housing is becoming affordable again for the average person. Albeit mostly through foreclosures and short sales. As a result, inventories have begun to drop.
So what does this have to do with my home market?
Simply put, the Ann Arbor area has seen this resurgance in the last quarter of 2008 and thus months ahead of this market. And our local real estate market is producing buyers who have been waiting to purchase and feel now is the right time to buy.
So am I enjoying the sunshine…of course, but the housing market in the Ann Arbor area is much brighter.
[photo source: moertl]
Posted in Ann Arbor, Team366 | No Responses »
Tags: 48108, Ann Arbor Real Estate, Ann Arbor Real Estate Agent
Written by Eric on January 24th, 2009
Downtown Loft Living at its Finest in Ann Arbor, Michigan
|
 120 W Washington Ann Arbor MI | Exterior
|
Loft living at it’s finest in Downtown Ann Arbor! Above the Grizzley Peak, this one bedroom, bath and a half loft features soaring ceilings, exposed brick, granite counter tops and gleaming hardwood floors.
|
 120 W Washington Ann Arbor MI | Great Room
|
Southern facing, this loft condo is steps from the Ann Arbor Main Street and within walking distance of the University of Michigan.
|
 120 W Washington Ann Arbor MI | Great Room
|
This loft features a secluded, walkout patio off the bedroom and a slate tiled bath. Check out the virtual tour for more photos.Be a part of the Ann Arbor social scene, close to campus and all that the City of Ann Arbor has to offer.
|
120 W Washington, 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? Call us at 734.476.1343 or drop us a note at info-at-team366-dot-com.
[48104]
Posted in Ann Arbor, Buyers, Listing, Team366 | No Responses »
Tags: 48104, Ann Arbor, condos, For Sale, Michigan, properties, real estate, Team366
Written by Team366 on December 15th, 2008
This past weekend, Eric took part in a conference called Upturn: Hope and Help for Those in Economic Crisis. The conference was held at the Huron Hills Church and included business leaders from the area. The focus of the conference was to “bring experts together to give practical advice about coping with today’s economy and its fallout,” says associate Pastor Dave Collins.
From the Ann Arbor News’ coverage of the event:
Eric Pointer of Real Estate One said that when 95 percent of the workforce is employed, that’s considered full employment. “Now it’s about 93 percent. But that means that 9.3 out of 10 people are still working,” noted Pointer, who said he had sold 78 homes in 2008.
From the conference, one thing that was repeated on the panel discussion was that to keep your head in the game, you should avoid watching or consuming too much news. Turn off the tv and focus on the great things in your life.
Oh, and don’t forget to smile!
Posted in Ann Arbor, Buyers, Sellers, Team366 | No Responses »
Tags: 48108, Ann Arbor, Eric Pointer, state of mind, Team366
Written by Team366 on December 12th, 2008
Huron Hills Church is hosting a free program for those in the Ann Arbor area looking for hope and help in these challenging economic times.
Upturn: Hope and Help for Those in Economic Crisis
Where: Huron Hills Church 3150 Glazier Way, Ann Arbor, MI 48108
When: Saturday, December 13th, 2008
9:00 am – 11:15 am
Cost: Free and open to the public
Topics to be covered Career Transitions, Personal Financial Management, Mortgages, Real Estate, Stock Investing and Soul Care in Difficult Times.
Program includes light breakfast and informal networking time.
Image Source
Posted in Ann Arbor, Buyers, Sellers, Team366 | No Responses »
Tags: Ann Arbor Real Estate, Economy, Program, To Do
Written by Team366 on November 25th, 2008
 3267 Dunwoodie, Ann Arbor, MI |
This 4 bedroom, 2 and a half bath home features 2012 square feet, a walk out basement and is located in NorthEast Ann Arbor’s Arbor Hills subdivision.
|
Updated Brazilian cherry hardwood floors greet you on the first floor. Stainless steel appliances and plantation shutters are just some of the recent updates to this gorgeous home.
|
 3267 Dunwoodie, Ann Arbor, MI |
 3267 Dunwoodie, Ann Arbor, MI |
Neutral colors throughout, this home is simply waiting for you to call it yours! Drop your bags and move right in.
Be sure to check out the narrated video walkthrough and the many hi-res photos of the virtual tour. |
3267 Dunwoodie, 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.
Posted in Ann Arbor, Buyers, Listing, Team366 | No Responses »
Tags: Ann Arbor, For Sale, Homes, Michigan, properties, real estate, Team366
