Birmingham Michigan and Metro Detroit Real Estate

Beverly Hills Michigan Market Analysis Homes Sold January 1, 2009 – December 31, 2009

To see a breakdown of individual statistics including median prices for bank owned vs. private owned, click here

To search for homes in Beverly Hills Michigan and nearby cities, click here.

Beverly Hills Michigan Realtor selling Oakland County Real Estate.  TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan.  Helping People in a challenging market by specializing in Short Sales.  See what my clients have to say about my extraordinary customer service.  Follow me on Twitter.

Berkley Michigan Market Analysis Homes Sold January 1, 2009 – December 31, 2009

These statistics compare month-to-month median price of homes sold from January 1, 2009 to December 31, 2009 in Birmingham Michigan. The statistics also compare each month to the previous month in the same year and the same month in 2008.  The year ending figures on the third line compare median price of homes sold year ending January 2009 compared to year ending January 2008 and similarly each month thereafter.  The market has been fluctuating considerably from month to month.   For the last 3 months in Berkley for 2009, we see a small trend upward where home values increased from the same months in 2008 and compared to the previous months in 2009.  There is actually a positive # reported for December but there is still a high negative value in the year-end comparisons.  It is too soon to predict a trend upwards and 2009 was the worst year for median home prices compared to previous years.

To see a breakdown of individual statistics including median prices for bank owned vs. private owned, click here

To search for homes in Berkley and nearby cities, click here.

Berkley Michigan Realtor selling Oakland County Real Estate.  TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan.  Helping People in a challenging market by specializing in Short Sales.  See what my clients have to say about my extraordinary customer service.  Follow me on Twitter.

Rochester & Rochester Hills Market Analysis & Statistics Homes Sold January 1, 2009 – December 31, 2009

These statistics compare month-to-month median price of homes sold from January 1, 2009 to December 31, 2009 in Birmingham Michigan. The statistics also compare each month to the previous month in the same year and the same month in 2008.  The year ending figures on the third line compare median price of homes sold year ending January 2009 compared to year ending January 2008 and similarly each month thereafter.  The market has been fluctuating considerably from month to month.  In the last 2 months of 2009, we see significant change where home values are leveling off from the previous months in 2008 however this is small and not yet developed over time.  The year ending comparisons for the last 3 months have not declined further but this is nothing to get excited about as they are at an all time low over the past 5 years.

To see a breakdown of individual statistics including median prices for bank owned vs. private owned, click here

To search for homes in Rochester & Rochester Hills and nearby cities, click here.

Rochester & Rochester Hills Michigan Realtor selling Oakland County Real Estate.  TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan.  Helping People in a challenging market by specializing in Short Sales.  See what my clients have to say about my extraordinary customer service.  Follow me on Twitter.

Ferndale: Statistics & Market Analysis Homes Sold January 1, 2009 – December 31

These statistics compare month-to-month median price of homes sold from January 1, 2009 to December 31, 2009 in Birmingham Michigan. The statistics also compare each month to the previous month in the same year and the same month in 2008.  The year ending figures on the third line compare median price of homes sold year ending January 2009 compared to year ending January 2008 and similarly each month thereafter.  The market has been fluctuating considerably from month to month.  In Ferndale, it has been consistently rising month to month except August and December (holiday month).  For the last 3 months of 2009, we see a trend upward where home values are increasing from the same months in 2008 and a declining negative value in the year-end comparisons.  This indicates that prices may be starting to stabilize.  Year ending December 2009 was up 7% compared to the negative 41% the market was down yr. ending 2008  - even though it is still a negative value.

To see a breakdown of individual statistics including median prices for bank owned vs. private owned, click here.

To search for homes in Ferndale and nearby cities, click here.

Ferndale Michigan Realtor selling Oakland County Real Estate.  TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan.  Helping People in a challenging market by specializing in Short Sales.  See what my clients have to say about my extraordinary customer service.  Follow me on Twitter.

Birmingham Michigan:  Homes Sold January 1, 2009 – December 31, 2009

These statistics compare month-to-month median price of homes sold from January 1, 2009 to December 31, 2009 in Birmingham Michigan. The statistics also compare each month to the previous month in the same year and the same month in 2008.  The year ending figures on the third line compare median price of homes sold year ending January 2009 compared to year ending January 2008 and similarly each month thereafter.  The market has been fluctuating considerably from month to month.  For the last 3 months of 2009, we see a trend upward where home values are increasing from the previous months in 2008 and a declining negative value in the same months.  This indicates that prices may be starting to stabilize.  Year ending December 2009 was up 7% compared to the negative 21% the market was down yr. ending 2008  - even though it is still a negative value.

The ‘seasoning’ rule (dictating when an investor can resell a home with FHA financing) was recently removed on homes acquired through foreclosure.  The following pictures are a perfect example of what makes this a wise decision.  With all the foreclosures on the market and the need to have then occupied quickly – keeping them from being turned into neighborhood eyesores – makes the decision an obvious one.

I work with a couple of investors and I am always anxious to see the finished product of their renovations.  This particular investor found me on the Internet when they were unhappy with the marketing strategies (and lack of feedback) they received from their previous agent.  I did not see that home “before” but was impressed with their work and the level of quality they used – even though it was very moderately priced (under $60,000).   

On their next one, they asked me to stop by and give a few suggestions for resale value.  I couldn’t wait to see what they created out of how it looked when I stopped by – in fact; there was a long list from the city before they could get the certificate of occupancy.  Here are the before and after pictures:

What I like about the work they do is that they will buy a little nicer quality than what the market may support for the resale price.  For example, I said that a less expensive kitchen cabinet could have been used and maybe linoleum in the kitchen rather than porcelain tile.  They really care about the beauty of the finished product and it is a hard decision to put in lesser quality items.  

Like I said, investors make a huge contribution to the neighborhood – even the city officials were impressed on this one.

This home is now for sale for $59,900 - To view the complete finished home & details -  click here.  Close to Henry Ford Hospital.

Warren Michigan Realtor selling South Eastern Michigan Real Estate.  TishHouse sells Houses – selling Real Estate Macomb, Oakland and Wayne Counties with RE/MAX Showcase Homes in Birmingham, Michigan.  Helping People in a challenging market by specializing in Short Sales.  See what my clients have to say about my extraordinary customer service.  Follow me on Twitter.

This home is a find – completely made over with quality!  I was asked by this investor to see the home when they bought it to make a few suggestions on the work that needed to be done.  I was very excited to see the finished product - the before and after contrast was almost unrecognizable.  The kitchen was gutted & now has cherry wood cabinets and a porcelain tiled floor. The hardwood floors have been beautifully refinished Hardwood; the bathroom renovated with a granite counter vanity; new Ply Gem energy star vinyl windows; new Trane forced air furnace; new roof; new HWH; new doors-exterior & interior; attic storage w/ pull down stairs & the list goes on.  There is  nothing to do for YEARS!

Warren Michigan Realtor selling South Eastern Michigan Real Estate.  TishHouse sells Houses – selling Real Estate Macomb, Oakland and Wayne Counties with RE/MAX Showcase Homes in Birmingham, Michigan.  Helping People in a challenging market by specializing in Short Sales.  See what my clients have to say about my extraordinary customer service.  Follow me on Twitter.

Market Analysis & Statistics for Homes Sold in Beverly Hills MI January 2010

Active & Sold January 2010

Active & Sold December 2009

Active & Sold January 2009

February 1, 2008 – January 31, 2009

February 1, 2009 – January 31, 2010

Monthly market analysis for Beverly Hills Michigan Real Estate compares residential homes sold in January 2010 with December 2009 & January 09; year ending Jan. 09 with year ending January 2010.  It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $5,000.

If you are looking to Purchase a Home, click here for an IDX Home Search 

If you are looking to Sell a Home, click here for an outline of our Marketing Strategy

Market Analysis for Beverly Hills December 2009

Market Analysis for Beverly Hills November 2009

Market Analysis for Beverly Hills October 2009

Market Analysis for Beverly Hills September 2009

Market Analysis for Beverly Hills March 2009

Market Analysis for Beverly Hills February 2009

Beverly Hills Michigan Realtor selling Oakland County Real Estate.  TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan.  Helping People in a challenging market by specializing in Short Sales.  See what my clients have to say about my extraordinary customer service.  Follow me on Twitter..

Market Analysis  & Statistics for Homes Sold in Berkley MI January 2010

Active & Sold January 2010

Active & Sold December 2009

Active & Sold January 2009

February 1, 2008 – January 31, 2009

February 1, 2009 – January 31, 2010

Monthly market analysis for Berkley Michigan Real Estate compares residential homes sold in January 2010 with December 2009 & January 09; year ending January 09 with year ending January 2010.  It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $5,000.

If you are looking to Purchase a Home, click here for an IDX Home Search 

If you are looking to Sell a Home, click here for an outline of our Marketing Strategy

Market Analysis for Berkley December 2009

Market Analysis for Berkley November 2009

Market Analysis for Berkley October 2009

Market Analysis for Berkley September 2009

Market Analysis for Berkley August 2009

Market Analysis for Berkley July 2009

Market Analysis for Berkley June 2009

Market Analysis for Berkley May 2009

Market Analysis for Berkley April 2009

Market Analysis for Berkley March 2009

Berkley Michigan Realtor selling Oakland County Real Estate.  TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan.  Helping People in a challenging market by specializing in Short Sales.  See what my clients have to say about my extraordinary customer service.  Follow me on Twitter..