Conne Terova's (conneterova) Blog

Here are the May stats for homes priced above 100,000.   Homes Prices above $100,000          Number of Homes Pending     Available Homes for Sale   Area May 08 May 09 % Change May 08 May 09 % Change   Oakland County 899           889 -1.1% 15,322     11,618 -24.2%   Macomb County 410           4...

Dan Elsea, President of Real Estate One writes.... May continued the same trends as the prior six months with increasing sales and falling inventories for under $100,000 and the opposite for the above $100,000. The percentage of bank owned and lease sales declined as well in May, reflecting the r...

Greetings~April sales continue the same tale of two cities, growing strength in the under $100,000 market and continued slowing in the above $100,000 market, although the rate of decline has begun to decrease in the $100,000 to $250,000 segments.  Download the attached summary for April's activit...

This report is brought to you by Team Terova and Real Estate One What has been the effect of the auto bailout on our market? So far not that dramatic. November and the first portion of December continue to follow the prior months patterns of units sales up and median sale price down. As we have s...