Quick Search

view all



No Min.

No Max.

Contact Me

* fields are required

Home Prices on the Rise

Home prices in Michigan are on the rise.  The home price index report from Corelogic has announced that Michigan's 12 Month Home Price Index is up 14.1%.  Since the decline in home prices started in Michigan in November of 2005 and dropped nearly 40%, this still leaves us with a -23.9% decline overall.  So, it's good news for seller's but expecting the price of your home to get anywhere near what the value was in 2005 is unreasonable.  Keep this in mind when pricing your new listing.  I am seeing a lot of turnover on homes purchased between 2003 - 2005 - the top of the market in Michigan.  We still have seller's "upside down" on their mortgages and this can be a problem if you want to sell.  While you purchased a starter home then, and are wanting to upgrade, we still need to be realisitic about what the value of the home is today. 

Be wise to the market and expedite your home sale.  By pricing the home smartly - it will sell quicker. 

Need to sell your home - contact me for information and a market analysis!  This is a service I provide at no cost to you. 




There are no comments for this post. Be the first to comment!

Leave a comment

Already have an account?

Kathleen Adams
Coldwell Banker Lakes Realty

8520 100th Avenue
Canadian Lakes, MI 49346
Phone: 231-250-3197
Office: 231-972-8300
Email: kadamscblakes@gmail.com
Website:  http://www.canadianlakeshomes.com
Blog:  http://www.canadianlakeshomesblog.com


Selling or buying a Home in Canadian Lakes, MI

Buying or selling a home in Canadian Lakes, Michigan? Here are a few questions that are asked by buyers and sellers: Is this little city, a private community in the Central Michigan area really different than any other place in Michigan? What is the ... Read more
View All

ABR - Accredited Buyer Representativee-PROEqual Housing OpportunityMLS membershipREALTOR® certification

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu