Livonia, MI Real Estate News

By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Thinking of buying in the metro Detroit area?  Here is information about Livonia real estate and Livonia relocation information. From the area´s original inhabitants, the Potowatmi Indians, through today, people have always found the Livonia area a wonderful place to live. From its humble beginnings as a farming community, Livonia MI has grown into a town with all the amenities you need to make a comfortable home. Tucked between Detroit and Ann Arbor, any big city features from the cultural to the recreational, are within easy driving distance of your dream home. If you are looking to purchase a home in Livonia or the surrounding area, you can use my websites to gather the information you need. Our mortgage information will help you find the right price range to comfortably suit your li...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
Tuesday May 18,2010, I will be do Micro Niche Finder training. If you purchase the Niche Finder with my affiliate link or you are purchasing with my affiliate link you may attend no charge. If you have not purchased with my affiliate link cost of training is $25.00. For full details on the finder check it video on in top right hand section of this blog labeled "How to Find Niche Markets on the Internet".   Meeting is at 17177 Laurel Park Drive, Livonia, Michigan 48150.  North entrance suite 101 Michigan Real Estate Institute   Respectfully submitted,   Mark Maupin     Upcoming Events: http://www.MegaEveningEvent.com  or http://www.meetup.com/MegaEveningEvent-com/   New Real Estate Club online:http://www.realestateinvestingclubonline.com/ Let's Get Social...Blog: http://activerain.com/ma...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
  Livonia homes for sale.  This is a look at what has happened in the last 90 days in Livonia MI.  There have been 229 homes that have sold in the last 90 days.  The average sold price is $109,399 and the average days on the market for these homes is 89 days. Livonia homes for sale Price Statistics Legend   Price Range Number of Listings Days on Market           10,000 to 30,000 9 27   30,001 to 50,000 16 100   50,001 to 70,000 33 74   70,001 to 90,000 33 60   90,001 to 110,000 31 106   110,001 to 130,000 42 114   130,001 to 150,000 24 53   150,001 to 170,000 19 113   170,001 to 190,000 8 93   190,001 to 210,000 2 44   210,001 to 230,000 5 87   230,001 to 250,000 3 237   250,001 to 270,000 3 191   270,001 to 276,500 1 32 For the 229 listings: For the 229 Sold listings: Average List Pric...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Selling your Livonia estate home or Canton estate home may require some hard decisions to be made. For example last week I put a Livonia estate home on the market.  The home required major work.  It required over $30,000 in repairs.  So the heirs had to make a decision.  They had to evaluate whether they would get any return on the money.   You don't want to put in $30,000 when the house won't sell for $30,000 more than you can get for the home now. Let's say you can get $40-45,000 for the home right now.  If you put $30,000 into it can you get $70,000 to $75,000 for the Livonia home?  In the case that I had I couldn't get more than $50,000 to $60,000 for the home in good shape.  So it doesn't make sense to put any money into the home. The next question is do you have the money to do th...
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By Bob Jakowinicz, Michigan Real Estate Agent-- MI Real Adventures
(National Realty Centers Livonia--Bob Jakowinicz)
Whether buying or selling real estate in Livonia Michigan---What would define Northwest Livonia Michigan Homes for Sale?  Too many this would be a bit different so generally speaking many would say use the Livonia Stevenson School District boundaries and staying West of Farmington Rd. Let's go over the 6 Mile and Farmington Cross Roads of the Northern part of Livonia and a little about them: 6 Mile and Farmington Rd--  Very close to Stevenson High School, Just a couple of minutes from Laurel Park Mall, within 5-7 minutes of I96 or I275 and the roads always seem to move well even in rush hours.  Burton Hollow Sub and Franca Villa sub are right on the corner and probably are the two biggest subs right in the area. For more information on Real Estate in Livonia or what homes are available ...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
32633 6 Mile Rd Livonia Michigan is the home you have been looking for. Here's three great reasons to see this home Extra large back yard and lot so you can relax after a long day at work Huge garage for all your toys, cars, or boats.  If you need a workshop this garage has the space. Laundry, bedroom all on one floor.  No stairs to walk up and down.    Russ Ravary | Remerica Hometown One | 734-414-3261 32633 6 MILE RD, Livonia, MI Sprawling ranch on .8 acres w large garage 2BR/1BA Single Family House   offered at $115,000 Year Built 1950 Sq Footage 1,546 Bedrooms 2 Bathrooms 1 full, 0 partial Floors 1 Parking Unspecified Lot Size 37,461 sqft HOA/Maint $0 per month DESCRIPTION As a buyer you will love that this house has been updated throughout. New kitchen, bathroom, windows, door wall...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Looking for green space in Livonia, then try Rotary Park Livonia Michigan.  On one of the sites I read that Rotary Park was 12 acres but I can't verify that anywhere. It is one of many Livonia's large parks.  Livonia is ranked second in Michigan in terms of the amount of land set aside for public use and ranks among the top 25 nationally.  Livonia's Rotary Park has: multiple swing sets 2 volley ball courts a half mile asphalt paved walking bath tennis courts 5 pavillons (available for rent)  (apply early to reserve your date) baseball diamond play structures pic-nik tables -                                            Rotary Park in Livonia is dog friendly but dogs are supposed to be leased and owner's are required by law to pick up their dog's droppings.                                 ...
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By Todd Waller, Todd Waller | Real Simple Real Estate
(Berkshire Hathaway HomeServices Snyder & Company, REALTORS)
April 18th, 2010 the Claddagh Irish Pub Livonia will be hosting a fundraiser for breast cancer awareness.  This fundraiser is also an attempt at breaking the world record for the longest shot slam.  All proceeds are going to area breast cancer organizations. Here's more information, if you would like to learn more about this unique fundraiser in the Livonia, Novi, Northville, Plymouth Michigan area.  Or, in his own words, hear the plans that the General Manager, Jason, has for The Claddagh.  Last year they raised nearly $15,000 for area charities and it is his aim to continue and expand their involvement:   The Claddagh Irish Pub | Community Involvement produced by Todd Waller on WellcomeMat
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Francavilla Livonia Michigan is located at Six Mile and Farmington Rd.  It is the subdivision just east of Stevenson High School.  You can enter the subdivision from Curtis, Farmington, or from Six Mile Rd.   Francavilla has approximately 217 homes in it.  The homes are mostly Cape Cod, Colonial, and ranch style homes.  The homes were built during the years of 1976 - 1979.  Most of the homes have:  brick exteriors  2 car garages 3-4 bedrooms 2 + bathroom basements Square footage of the colonial homes range from 1900 - 2600 square ft.Square footage of the homes range from 1600 - 1800 square ft.The school district is Livonia Public SchoolsThe streets that are in the Francavilla subdivision are: Bobrich St, Curtis Rd, Francavilla Dr, Griffin Ct,McNamara Dr, Myron St, Vacri Lane, Vargo Dr, ...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Burton Hollow Woods  Livonia MIis located north of Six Mile and East of Farmington Roads.  You can enter the subdivision from Six Mile Road.  Stevenson High School is just a short walk down Six Mile from the subdivision.  The school district is Livonia Public Schools.                                                 Burton Hollow Woods were built during the during the years of 1963 -1965.  There are approximately 110 homes in the sub.  The primary home styles in the subdivision are:  Colonial  cape cod  ranch style.  Most of the homes have  brick exteriors with vinyl or aluminum siding 2 car garages (side entry and front entry) 3-4 bedrooms 1 & 2 + bathrooms basements ( some are 3/4 basements that don't go under the family room.  The family room is on a slab).                            ...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
I don't know about you but spring is here and I am over whelmed by all the spring jobs I have to do. I am looking at my back yard and thinking that it can wait until next week.  But I know in my heart I need to start doing a little each day.  I'm a Gardener and my back yard is full of ponds, and all sorts of plants.  I have more gardens than I have grass.  (What was I thinking?)                                              This is what it is supposed to look like in the summer.  I would be ashamed to show you what it looks like now. So here it is the first week of April and I'm thinking we have to wash windows, rake the grass, re-organize the garage, and clean up the flower beds.  So much to do in less than a month.    At least my KOI made it through the winter.  Now I have to worry abo...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
 Here is what happing with Livonia foreclosures and Livonia HUD foreclosures.  Currently there are 6 Livonia HUD foreclosures for sale and 42 other Livonia foreclosures for sale.  These foreclosures have been on the market an average of 39 days. Below is a sampling of all the Livonia HUD foreclosures that have sold recently.  You can see the list price and see the sold prices too.  Five HUD foreclosures sold for less than list price, two sold at list price, and 4 HUD foreclosures sold over list prices.  One sold at a dramatically reduced price. These Livonia foreclosures haven't had the major bidding wars like Southfield or Redford HUD foreclosures.  I have seen as many as ten bids on one home in those cities.  I recently saw one listed at $60,000 and sell for $110,000.  I haven't seen ...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Here is a Livonia MI real estate update on Median home prices.  The median price is simply the price at which half of the homes sold are more expensive and the other half are less expensive. Let say in this reporting period of Livonia median home prices.... the median price of that neighborhood has risen, it does not affect over all values of the homes. It just means that more of the expensive side of the median sold in that reporting period. The same is true when the Livonia median price declines. It only means that more of the less expensive homes sold.  But the median home price also shows the overall price trend of the area. Right now the Median home prices of Livonia real estate has fallen dramatically in the last few years.  Not only has the home prices fallen but it also showing ...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Livonia Michigan is one city the is very close on the values of property taxes.  The State equalized values and taxable values are not that far off.  Not like Detroit or some other cities in South Eastern Michigan.  I see taxes in many cities and I see how little some cities are reducing the taxes.   Even though the home values have dropped dramatically the cities are trying to hold on to the tax revenue. My own personal Livonia property taxes dropped 17% this year.   That is great.    I recently read that 63% of the cities revenues come from property taxes.  So these drops in Livonia property tax assessment is hurting the cities financial coffers.  And it is the same around the Metro Detroit area.  Farmington Hills, Canton, and Northville real estate are all affecting the cities revenu...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
I am posting my first picture of my recent vacation to Egypt.  It was my 2nd trip there but this trip opened up my senses and made me realize many things. When you have a bad day around the house.  Whether you are a man or woman nobody likes house work.  This will make you think.                                        Yes that is women washing clothes in the Nile River.  So when you start to complain about putting dishes in the dishwasher or taking out the garbage.  Get a life.  Be thankful you live in the USA!  Ah to buy a house with a dishwasher or not takes on a whole new meaning  
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By Jerry Gardner
(Remerica Hometown One)
Every month I review statistics for the Detroit and surrounding areas. The trend over the last years has been positive. Inventory levels have remained even or have dropped. What does this mean to the consumer? If you look at the Real Estate Market's indicators, inventory levels are a leading indicator. They're the first things to point out a market trend or direction. Everyone focuses on prices but prices almost always lag behind inventory. Here's an Excel sheet I've used to measure market inventory. Rule of thumb is that 4-6 months of inventory is a normal market. If there is more inventory prices drop due to too many choices for a buyer. If there is less inventory, the buyer must make a quicker choice and will much more likely be in a competitive bidding process.       Active Pending ...
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
 Here are 15 inexpensive Livonia condominiums under $50,000.  There is one that is 1100 square feet listed at $39,000.  That's less that $50 a square foot.  If you notice there are some that have association fees as cheap as $125 a month.  LIST PRICE STREET NAME SQUARE FOOTAGE BEDROOMS BATHS.LAVS ASSOC FEE DOM $27,500 FARGO 704 1 1 192 68 $29,900 MIDDLEBELT 728 1 1 180 106 $29,900 MIDDLEBELT 728 1 1 180 60 $32,000 FARGO 704 1 1 189 104 $34,900 FAIRFIELD 700 1 1 220 7 $37,500 BOBRICH 717 1 1 181 90 $39,900 MIDDLEBELT 874 2 1 203 80 $39,900 BOBRICH 717 1 1 172 26 $41,900 BOBRICH 1100 2 2 255 205 $42,000 HUBBARD 620 1 1 250 96 $44,900 PONDVIEW 800 1 1 125 116 $44,900 PONDVIEW 820 1 1 125 116 $49,900 ANN ARBOR 782 1 1 178 16 $49,900 MIDDLEBELT 900 2 1 165 47 $49,900 ANN ARBOR 782 1 1 203 45...
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By Bob Jakowinicz, Michigan Real Estate Agent-- MI Real Adventures
(National Realty Centers Livonia--Bob Jakowinicz)
  O.K. I had something happen to me yesterday that I never thought possible here in Michigan.  My seller was in the process of putting in a new furnace and low and behold guess what they found in the old furnace?????  Yep you guessed it if you saw the title---An Alligator in a furnace here in Livonia Michigan.  I took a couple of pictures, take a look.   Sorry I don't know how to put images on here better than this but thought this was a pretty interesting story.  We figure the old owner must have had a pet alligator and it got loose.  Then must have found its way into the duct work and fell into the furnace at some point.  Can you imagine going to sleep at night with an alligator loose in your 1000 sq. ft. home if you didn't know where it was??  
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By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
I got a call a week ago from a Southeastern Michigan real estate buyer.  He was all upset with a foreclosure agent..  He thinks the foreclosure agent never put the offer in. I honestly don't know whether he did or not, but I always submit the offer no matter how crazy it isor how little it is.  It's not my job to decide whether the seller will accept your offer.  I have told clients that their offer would never fly, but still put it in.  Sometimes the seller refused to negotiate other times they did.  As a real estate agent it is in our code of ethics that we must present ALL OFFERS..  I take that seriously.  I many times drop what I am doing to get the offer in.  It's not unusual for me to run to the office in the evening to complete the paperwork for my home buyers.  Then I fax and em...
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By Bob Jakowinicz, Michigan Real Estate Agent-- MI Real Adventures
(National Realty Centers Livonia--Bob Jakowinicz)
  I was just in a meeting go over what is happening with available Livonia Michigan Homes for sale.  It really turned out to be very interesting as to what is happening and how things are going with our current homes for sale.  As of today 01/15/2010 it looks like there are about 370 homes for sale in Livonia Michigan, this number is definitely much lower than it has been over the past few years.  We also noted there were approx 73 Condos for sale in Livonia also seems a lot lower than in the past 2-3 years.   If you are looking for a home or condo in the Livonia Michigan area you are really noticing how challenging it is to find one that you like right now.  If you or someone you know is considering purchasing a home in the near future now might be a great time to start looking at the ...
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