February 4, 2009 – 12:13 pm
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]
January 26, 2009 – 7:00 pm
Here’s a quick 2:30 minute video presentation on the residential inventory of Ann Arbor Homes for Sale. The full report for Condos, and other areas of Washtenaw County is available from our Stats page there to the right.
Read More »
January 26, 2009 – 1:18 pm
Yikes!
If you’ve ever been to Ann Arbor in the winter, you have likely seen ice dams build up on the edge of some buildings. The icicles that form can be gorgeous, but 4 foot long sabers of death really don’t appeal to me.
Seeing that this winter has been a particularly harsh winter, in light of the amount of snow and length of ridiculously cold weather recently, my broker sent out an email highlighting the phenomena of ice dams.
Check out the info after the jump:
Read More »
January 24, 2009 – 5:14 pm
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? Give Todd a Twitter, call us at 734.476.1343 or drop us a note at info-at-team366-dot-com.
[48104]
By Team366 Marketing
|
Posted in Ann Arbor, Buyers, Listing, Team366
|
Tagged 48104, Ann Arbor, condos, For Sale, Michigan, properties, real estate, Team366
|
