Why Are Appraisers Calling This a Declining Market? Prices are Up and Inventory is Low!

Here in Southeast Michigan- specifically North Oakland County Michigan- home prices have been creeping back up and inventory is much lower than this time last year. In fact in many areas we are looking at a 4-6 month supply of active listings. This week we had yet another appraisal come in low. And again the [...]

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The Preserve, Lake Orion MI- Are Prices Rebounding?

The Preserve, Lake Orion MI- Are Prices Rebounding? The Preserve is a very nice neighborhood in southern Lake Orion with easy access to I-75. Some of the many amenities that make The Preserve desirable are city water and sewer, sidewalks, subdivision lake, club house with a swimming pool, tennis courts and play ground area. The [...]

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Looking for a Nice Home on a Couple Acres?

The past few weeks I have been showing houses in North Oakland and Southern Lapeer Counties, all on at least an acre and many with pole barns. My brain knows prices are way down, but for some reason I’m still amazed when I show houses. These particular buyers found a house in Dryden Township in [...]

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Rolling Meadows, Lake Orion- Prices Inching Back Up?

Rolling Meadows, Lake Orion Rolling Meadows, Lake Orion real estate sales are a bit stronger this year than in 2009. In 2009 there were 16 closed sales in Rolling Meadows and 4 leases with sale prices ranging from $153,000-$247,000 and lease prices ranging from $1500-$1800/month. In 2010 there have been 14 closed sales in Rolling [...]

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Lakefront Home Sales, Lake Orion MI

Lakefront home sales in the Lake Orion school district for 2010 are up from last year with 53 lakefront sales in 2009 and 59 lakefront sales so far in 2010 (as of Dec 20). 2010 Lake Orion lakefront home sales ranged from $29,900 for a house on Square Lake to $483,600 for a house on Duck [...]

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Lapeer Community Center- Something for Everybody!

Sometimes I come across a buyer who wants to live in Oxford or Lake Orion, but what they want in a home really isn’t in their budget. I usually follow up with a question along the lines of: “Is Lapeer too far of a drive?” Often time the response is along the lines of “What [...]

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Is the Appraisal for Your Protection?

When buying a home in Oakland or Lapeer County Michigan a standard contingency is financing (the buyer obtaining a mortgage for the house). Normally, part of the financing process is an appraisal, and the cost of the appraisal is born by the purchaser. So is this the purchaser’s appraisal? And is the appraisal for the [...]

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Metamora-Hadley Recreation Area

One of the perks of living in Lapeer County Michigan is the abundance of state land and parks. The Metamora-Hadley Recreation Area accounts for 723 acres of that state land. Located in Hadley Township in southern Lapeer County, Metamora-Hadley Recreation Area is bordered by Ritchie, Baldwin and Hurd roads with an entrance on Hurd Rd. as well [...]

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The Top 10 Reasons You Should Use My Preferred Lender

When a buyer comes to me already pre-approved by a loan officer they like and intend on using, I never try to sway them away and toward the lender I prefer they would use. I wouldn’t appreciate it if a loan officer tried to get one of my clients to switch real estate agents, so [...]

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Round Tree Lake Orion MI Real Estate Sales

Round Tree Lake Orion Real Estate Sales Round Tree is a 223 home sub in Orion Township with entrances off M-24 and Scripps Rd. Houses in Round Tree were built between 1993 and 2003 and range in size from 1828 square feet to 2767 square feet with most of the houses well over 2000 square feet. [...]

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