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Stupid or broker for not buying a house?

Friday, December 11th, 2009
A very good article from Business Week with a great heading! Stupid or broker for not buying a house? - A commentary on how significant and historically amazing our low interest are and the opportunity they afford any home buyer.

Technorati Tags: Ann Arbor, Ann Arbor Real Estate Agent, Buyer Insights, General Real Estate, market statistics, Team366, To See and Do

For Sale: 2190 Stonebridge, Ann Arbor, MI

Monday, May 11th, 2009

2190 Stonebridge, Ann Arbor, MI

2190 south stonebridge dr ann arbor 300x200 For Sale:  2190 Stonebridge, Ann Arbor, MI Elegantly appointed brick home on the 10th fairway of Stonebridge Golf Course. Meticulously decorated w/extensive hardwood floors, elegant colors and lighting.
2190 south stonebridge dr ann arbor foyer 300x200 For Sale:  2190 Stonebridge, Ann Arbor, MI  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!
2190 south stonebridge dr ann arbor kitchen 300x200 For Sale:  2190 Stonebridge, Ann Arbor, MI  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, call us at 734.476.1343 or drop us a note at info-at-team366-dot-com.


Team366 | Real Estate One
734.476-1343
Search for Homes in Ann Arbor
Visit Team366.com


 

Technorati Tags: 2190 Stonebridge, Ann Arbor, For Sale, Homes, Michigan, properties, real estate, Team366

Ann Arbor Real Estate Statistics | January 2009

Friday, February 20th, 2009
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


Ann Arbor Real Estate | Average List Price January 2009
Average list price for January was $184,414, down over 21% from January 2008.

Average Sales Price – Month 2008


Ann Arbor Real Estate | Average Sales Price January 2009
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


Ann Arbor Real Estate | Listings & Sales
# 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.


Team366 | Ann Arbor Real Estate | Real Estate One

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Technorati Tags: 48108, Ann Arbor, Chelsea, condos, Dexter, Homes, properties, real estate, Team366

120 W Washington, Ann Arbor, MI | Downtown Loft Living

Saturday, January 24th, 2009


Downtown Loft Living at its Finest in Ann Arbor, Michigan

120 W Washington Ann Arbor MI - Exterior

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

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

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.

 
Team366 | Real Estate One
734.476.1343
Search for Homes in Ann Arbor
Visit Team366.com

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Technorati Tags: 48104, Ann Arbor, condos, For Sale, Michigan, properties, real estate, Team366

Ann Arbor Residents “Take the Reins”

Monday, 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!

Technorati Tags: 48108, Ann Arbor, Eric Pointer, state of mind, Team366