Livonia, MI Real Estate News

By Debbie Johnson, Novi, MI Real Estate Professional
(REMERICA United Realty)
The real estate market in Livonia, MI for August 2007 has remained pretty active. The average days on the market is relative to the condition and correct pricing of the seller's home. Homes for sale in Livonia, MI (August 2007)* · There were 921 homes remaining available for purchase in Livonia Homes sold in Livonia, MI (August 2007)* · 55 homeowners accepted offers on their homes · 103 homes sold · The average sales price of a home in Livonia, MI was $172,914· It took an average of 110 days for a home to sell in Livonia If you are interested in selling your home in Livonia or in Wayne County Deborah Johnson offers a free no-obligation home market consultation. For more information:*Information obtained from Realcomp II Ltd. The accuracy of all information, regardle...
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By Shawn Dawson
(The Laker Group)
This is an interesting question that EVERY real estate investor asks himself/herself.  Cash-flow is classified into two categories...Positive and Negative.  There is the difference. 1)  Positive Cash Flow - Simply put, "cash-flow" or "cash-positive" real-estate investments puts money IN your pocket every month rather than take it OUT.  Your tenants will be buying your property for you and even after expenses you still come out with extra cash in your hand.  *2)  Negative Cash Flow - Simply put, "Cash-negative" real-estate means that the rents won't cover the expenses and the owner/investor will have to cover the difference out of his or her pocket.  The investor is betting that the appreciation of the property more than offsets his out-of-pocket outlay every month.* So, the question tha...
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