The Preserve, Lake Orion MI- Home Prices UP Again!
By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
The Preserve, Lake Orion MI- Home Prices UP Again! Good news for homeowner in The Preserve in southern Lake Orion MI. Median sales prices were up 3 1/2% from last year and up 7.3% from 2009! List price to sale price percentage ranged from .4% of asking price to 7.8% of asking price and one house sold for 3% over the list price. There was only 1 foreclosure listing and no short sales. Sale prices ranged from $212,000-$274,000. The good news for buyers: Compared to many areas there were relatively few distressed sales even in the worst of times Prices never got so low as to change the socio/economic make up of the sub Interest rates are so low you get about $100K in buying power Number 3 is quite interesting. Let's look at 3760 Acadia. Last year it sold for $274,000 which gives you a paym...
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