Rochester, MI Real Estate News

By Keith Stonehouse, Franklin Title Agency
(Franklin Title Agency, LLC)
Are you involved in your local chamber of commerce or even a neighboring communities chamber of commerce? I am (and I'm a Title Insurance company) and I've noticed more and more that Real Estate professionals have no interest in being active in chambers of commerce - atleast that ones I've visited and joined. Why is that? This truly puzzles me... Realtors are supposed to be members of the community or atleast want to be ...if anything, for business. Is there something I am missing from this equation? I do my best to be as active as I can within the communities I live and work in not only for business but for community and I can only image the great outcome a Realtor would get from joining and being active in events, committees, outings, decision making, etc etc... Again - Is there somet...
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By Keith Stonehouse, Franklin Title Agency
(Franklin Title Agency, LLC)
Hello – I’m just dropping by on this beautiful Title Order Tuesday checking in to see if there is anything you need today or this week from us here at Franklin Title Agency in terms of ordering title, updating title, and or scheduling closings?   As interest rates continue to lower and interest in buying homes is rising as well as new construction returns – New mortgage products emerge to save those who are underwater and short sale negotiations become much easier…   Now is the time to make sure you are working with the right title company capable to keep up with the demand as well as the educated customer these days. A title company that is flexible to close around the customer’s time and location needs and not the title companies 100% of the time making YOU look like the All-Star!   Y...
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By Keith Stonehouse, Franklin Title Agency
(Franklin Title Agency, LLC)
Advertising in general is a hit or miss situation... you never know what your going to get and nothing of course is guaranteed. My office is located in a thriving small town downtown - Downtown Rochester, Michigan in one of the wealthiest areas within the wealthiest county in the state ...with that in mind - now picture the entire Main Street tore out for new water mains and updates to be installed for 4 months and all of that traffic is re-routed directly by my office all day and night. How do we capture this audience that otherwise would nto be driving by our office? I thought sandwich boards would be a great option simply stating "You can choose your own title company when buying, selling, and refinancing your home" call 248-564-4022 and another one stating "Choose your title company...
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By Keith Stonehouse, Franklin Title Agency
(Franklin Title Agency, LLC)
When most people buy and or sell a home they usually find a Realtor somehow to either list their home for sale or help them find the home of their dreams.... or needs but, they don't think to build the rest of the team beyond the Real Estate Agent. By that I am referring to the mortgage loan officer, the title insurance company, the home owners insurance company, the inspector, etc etc... I have been in the title insurance business for 11 years now and most all of my friends and family choose me / my company - Franklin Title Agency for title insurance and closing for their home purchase, the sale of their home, or their refinance. I also advise them to find a trusted mortgage loan officer that fits their goals as well as home owners insurance, etc Building a team around your biggest inv...
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By Keith Stonehouse, Franklin Title Agency
(Franklin Title Agency, LLC)
Hello & Welcome to the 3rd week of May, 2012 from your friends & partners here at Franklin Title Agency serving the entire state of Michigan Closing Literally Anywhere – Anytime,   As you know now – Title Insurance Premiums are going to rise again as of July 1st this year as I shared with you last week. I can forward you a copy of the new rate chart for your records.   I wanted to share some more news with you within the industry as we start a new week… Mortgage Applications Increase in Latest MBA Weekly SurveyMortgage applications increased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 4, 2012.   Typo Leads to Tax Foreclosure: $450,000 property sells for $20,000A miscommunic...
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By ANN PETERSON BROKER/OWNER & MORTGAGE LOAN OFFICER, ABR/E-PRO/SRES-248-495-8877 CALL NOW
(Ann Peterson Realty Services & PLB LENDING LLC, HOMETOWN MORTGAGE SPECIALISTS INC.)
Pending Residential MLS Area Address Price Bd Bth Fp Gr Fn Ex YrBt SqFt $SqFt Style Lot Dim DOM Relist List Dt 212027254  02152 1348 SYCAMORE DR $1,350 3 2   B A A 1958 1061 1.00 A 65X100 48 N 3/15/2012 212004679  02152 323 N CASTELL AVE $1,395 3 1.1   B A E 1923 1574 1.00 D 45 X 120 112 N 1/12/2012 212026737  02152 319 1ST ST $98,500 3 2 Y N D E 1910 1078 91.00 C 100X100 136 Y 3/15/2012 212013819  02152 532 MEADOW LN $130,000 2 1   B A A 1958 967 134.00 A 60 X 120 23 N 2/8/2012 211089761  02152 338 N HILL CIR $149,900 3 1.1 C,F B A A,B 1959 1378 109.00 A 70X121 240 N 8/23/2011 212043285  02152 757 LOUNSBURY AVE $189,900 3 1.1 A A A E,F 1974 2158 88.00 B 50X150 7 N 4/27/2012 212023414  02152 323 HIGHLAND AVE $218,000 3 2.1 A,G B A E 1929 1388 157.00 D 50X135 48 N 3/6/2012 212028253  02...
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By Keith Stonehouse, Franklin Title Agency
(Franklin Title Agency, LLC)
Hello & Welcome to the 2nd week of March, 2012   Here are some great events for your business happening in March:  March 14th - Realtor Lunch & Learn & Tour of Franklin Title Agency's new World Headquarters - Join us at 11:30 - Have a great lunch ...and learn all about our new 5 year follow up marketing program to retain clients 5 years after the closing table Also, celebreating our 1 year anniversary at our new World HQ location - For more info: http://new.evite.com/#view_invite:eid=0025AAQZXGL24EYAIEPBMFLZCHCMDI or http://www.MichigiganRealtorMasterminds.Groupsite.com   March 15th - Top Innovators of Real Estate Panel 9:00 Breakfast at the Iroquois Club in Bloomfield Hills with the Birmingham Bloomfield Chapter of WCR - This is one of the best events of the year - For more info: http:...
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Join us March 14th at Franklin's newest location for a Lunch & Learn partnered with Continuity Programs on 5 year marketing/retention after the Closing Table for Realtors I want to formally invite you to our newest office - our new World Headquarters.... Yeah, I said it - World Headquarters on Wednesday, March 14th at 11:30am - 1pm. Lunch will be provided. The reason I am inviting you to our office is not only to show you our beautiful new 6,000 square foot completely renovated building located in downtown Rochester but, to show you our newest product and perk in using Franklin Title Agency. We have partnered up with Continuity Programs, Inc. to help you capture and retain your clients after the closing table for 5 years in which we here at Franklin Title Agency cover half of the costs...
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By ANN PETERSON BROKER/OWNER & MORTGAGE LOAN OFFICER, ABR/E-PRO/SRES-248-495-8877 CALL NOW
(Ann Peterson Realty Services & PLB LENDING LLC, HOMETOWN MORTGAGE SPECIALISTS INC.)
Well, the dreaded time is nearing where the city of Rochester's Main Street  (You know, Main St. or Rochester Road and University or Walton Blvd.) will be undergoing a transformation from tearing up the streets and installing new sewer and water lines.  100 year old pipes are needing to be replaced.  So what to do to get around.  Well, you will need to Bike or need to Walk to get around Rochester.  Call it Green Living!  Seriously, the City will be posting alternate routes for people traveling to and from Rochester on the city website, online newspapers and cable channels, etc.  I suggest if you are wanting to go north of Rochester on Rochester Road  - you can either take Livernois Road, Brewster Road or Adams Road North to Tienken East to Rochester Road.  Or take Dequindre Road north t...
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By ANN PETERSON BROKER/OWNER & MORTGAGE LOAN OFFICER, ABR/E-PRO/SRES-248-495-8877 CALL NOW
(Ann Peterson Realty Services & PLB LENDING LLC, HOMETOWN MORTGAGE SPECIALISTS INC.)
  Fire & Ice Fest Friday, Jan. 27, 6:00 – 9:00 pmSaturday, Jan. 28, 10:00 am – 9:00 pmSunday, Jan. 29, 11:00 am – 4:00 pm Oakland County, Oakland County Parks, the City of Rochester and downtown Rochester come together to host the Fire & Ice Fest, a winter festival in downtown Rochester during the last weekend of January. In its fifth year, this winter festival is unlike any other in the Metro Detroit area; the highlights of the event include a fireworks display on Friday and Saturday nights, an ice sculpture show, a tastefest featuring local food and microbrews, a tubing hill, ice skating, dog sled rides, the return of The Big, Bright Light Show and much more!    
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By Keith Stonehouse, Franklin Title Agency
(Franklin Title Agency, LLC)
January 12th - WCR Rochester Chapter Luncheon to kick off 2012 - A Leadership Panel on ‘Business Plans & Goal Setting' at River Crest Banquet Center - Corner of Livernois and Avon rd - 11:30am -1:30pm http://www.wcrrochester.com $20. at the door includes a great lunch, drink, networking, and amazing education.  
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By ANN PETERSON BROKER/OWNER & MORTGAGE LOAN OFFICER, ABR/E-PRO/SRES-248-495-8877 CALL NOW
(Ann Peterson Realty Services & PLB LENDING LLC, HOMETOWN MORTGAGE SPECIALISTS INC.)
Summary Residential Properties For Sale Listings On-Market: 42 Avg List: $311,034 Avg List $/SqFt: $129.98 Avg DOM: 229.93 High Price: $789,000 Low Price: $84,900 Pending: 14 Avg List: $203,542 Avg List $/SqFt: $101.29 Avg DOM: 66.43 High Price: $429,000 Low Price: $74,900 Sold: 150 Avg Sale: $262,836 Avg Sale $/SqFt: $106.63 Avg DOM: 74.75 High Price: $641,548 Low Price: $18,009 For Lease Listings On-Market: 4 Avg List: $2,075 Avg List $/SqFt: $1.50 Avg DOM: 75.50 High Price: $3,000 Low Price: $1,100 Pending: 3 Avg List: $2,150 Avg List $/SqFt: $1.00 Avg DOM: 18.67 High Price: $2,800 Low Price: $1,150 Sold: 26 Avg Sale: $1,702 Avg Sale $/SqFt: $0.92 Avg DOM: 26.04 High Price: $3,000 Low Price: $850 Condo Properties For Sale Listings On-Market: 12 Avg List: $115,563 Avg List $/SqFt: $8...
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By ANN PETERSON BROKER/OWNER & MORTGAGE LOAN OFFICER, ABR/E-PRO/SRES-248-495-8877 CALL NOW
(Ann Peterson Realty Services & PLB LENDING LLC, HOMETOWN MORTGAGE SPECIALISTS INC.)
Summary Residential Properties Sold Listings: 53 Avg Sold Price:$232,099 Avg DOM: 55.58 Off-Market Listings: 17 Avg List Price:$208,518 Avg DOM: 50.35 Condo Properties Sold Listings: 21 Avg Sold Price:$86,528 Avg DOM: 85.29 Off-Market Listings: 6 Avg List Price:$42,568 Avg DOM: 79.50 Multi-Family Properties Sold Listings: 1 Avg Sold Price:$61,360 Avg DOM: 7.00 Vacant Land Properties Sold Listings: 2 Avg Sold Price:$44,750 Avg DOM: 37.00 Commercial Properties Sold Listings: 1 Avg Sold Price:$135,000 Avg DOM: 21.00 All Properties Total Listings: 101 Avg List Price:$186,763 Avg DOM: 61.11  
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By ANN PETERSON BROKER/OWNER & MORTGAGE LOAN OFFICER, ABR/E-PRO/SRES-248-495-8877 CALL NOW
(Ann Peterson Realty Services & PLB LENDING LLC, HOMETOWN MORTGAGE SPECIALISTS INC.)
Summary Residential Properties On-Market Listings: 44 Avg List Price:$275,679 Avg DOM: 188.73 Sold Listings: 154 Avg Sold Price:$231,113 Avg DOM: 71.34 Off-Market Listings: 26 Avg List Price:$212,582 Avg DOM: 67.00 Condo Properties On-Market Listings: 18 Avg List Price:$127,261 Avg DOM: 153.17 Sold Listings: 95 Avg Sold Price:$98,358 Avg DOM: 115.45 Off-Market Listings: 7 Avg List Price:$91,387 Avg DOM: 73.00 Multi-Family Properties On-Market Listings: 4 Avg List Price:$241,950 Avg DOM: 236.75 Sold Listings: 1 Avg Sold Price:$89,344 Avg DOM: 70.00 Off-Market Listings: 1 Avg List Price:$51,360 Avg DOM: 7.00 Vacant Land Properties On-Market Listings: 5 Avg List Price:$157,980 Avg DOM: 481.00 Sold Listings: 3 Avg Sold Price:$38,167 Avg DOM: 265.33 Off-Market Listings: 1 Avg List Price:$60...
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By ANN PETERSON BROKER/OWNER & MORTGAGE LOAN OFFICER, ABR/E-PRO/SRES-248-495-8877 CALL NOW
(Ann Peterson Realty Services & PLB LENDING LLC, HOMETOWN MORTGAGE SPECIALISTS INC.)
The 39th annual Lagniappe officially kicks-off the holiday season in downtown Rochester.  As usual, there will be carolers, horse-drawn carriage rides, a visit from Santa Claus and the debut of the 2011 Big, Bright Light Show! Merchants are asked to offer “lagniappe,” Creole for “a little something extra” to their customers as a token of appreciation for their support throughout the year. The Big, Bright Light Show  Debuts Monday, Nov. 28, 7:00 pm (opening ceremony at 6:45 pm)Lit Nightly, Nov. 28-Jan. 1, 2012, 6:00 pm – Midnight You are invited to brighten your holidays in downtown Rochester with The Big, Bright Light Show! The buildings in Downtown Rochester will be covered in more than 1.5 million points of glimmering holiday light which will be lit nightly, Nov. 28 through Jan. 1, 20...
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By Keith Stonehouse, Franklin Title Agency
(Franklin Title Agency, LLC)
Happy Halloween from your partners here at Franklin Title Agency   Today - Monday - October 31st- Food, Fun, & Photos with Franklin Title Agency - We have rented a photo shutter booth and will have light refreshments for all - All are invited to come see our new headquarters building at 414 East Street in Downtown Rochester with the staffed dressed to impress ...or scare ...See you today!   Dropping by on this Monday morning to check in to see if there is anything needed from us here at Franklin - Remember that we are always only a phone call, an email, or a text away from ordering title, updating title, answering title questions, and scheduling closings anywhere - anytime in Michigan at flat fees every time.   We have a new streamlined website at http://www.Franklintitleagency.com with...
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By Keith Stonehouse, Franklin Title Agency
(Franklin Title Agency, LLC)
  Food, Fun, and Photos with Franklin Title Agency   Good Morning & Welcome to the final week of October 2011 from your partners here at Franklin Title Agency Dropping by on this Monday morning to check in to see if there is anything needed from us here at Franklin – Remember that we are always only a phone call, an email, or a text away from ordering title, updating title, answering title questions, and scheduling closings anywhere - anytime in Michigan at flat fees every time. We have a new streamlined website at http://www.Franklintitleagency.com with a new Title Calculator for your convenience and our new streamlined online title ordering process – visit the site today and see how quick and simple it is to calculate title for your estimates as well as order title with us here at Fra...
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By Keith Stonehouse, Franklin Title Agency
(Franklin Title Agency, LLC)
Hello & Welcome to the 1st week of September 2011 from your friends & partners here at (FTA) Franklin Title Agency,   We are Proud to Announce today that August 2011 was our Best Month since opening our doors in 2004! ….all Thanks to you! We had more title orders & closings than ever before - Thanks to our great clients & referral partners.   I’ve taken some time to let you know about some great events in your area and surrounding areas to benefit you, your business, and your community:   Community Update Sponsored by WCR Rochester – This Thursday, September 8th at 11:30am  Location: Royal Park Hotel at 600 E. University – Downtown Rochester BE IN THE KNOW! Join us for a community update from our local leaders:  ·         Bryan Barnett: Rochester Hills Mayor ·         Jeff Cuthbertson: ...
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By Barb & Sal Dragotta, Macomb County Michigan
...Along with years of "NEVER GIVING UP"...  A shout-out to  Trent McEntire--Rochester, MichiganThis article / story appeared in the Macomb Daily on Thursday April 28, 2011.It appeared in the "Money Section"  Authored by Kimberly AlexanderThe complete title is: "Necessity = innovation for movement therapist";The story centers on the life-experiences with impairment & pain:The life-story is of Trent McEntire--who from age 3 had difficulties with walking, playing & just being a "kid";The three year old had both legs in casts from the knees DOWN, & suffered much pain; The story is about a young boy, turning into a young man  dealing with the effects of Cerebral palsy;The grade school child wanting to "climb the rope" or "play the sports" as the other kids did, morphed into the 17 year old ...
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By Keith Stonehouse, Franklin Title Agency
(Franklin Title Agency, LLC)
Welcome to the 2nd week of April 2011 from your friends & partners here at Franklin Title Agency,    Mark Your Calendar: •·        The Art of Negotiation Luncheon with Ralph Maccarone, Attorney & Counselor with Women's Council of Realtors at The Royal Park Hotel Downtown Rochester @ 11:30am - For more info: http://www.wcrrochester.com  •·         Reading your Clients Luncheon with Lin Klassen & The Women's Council of Realtors at Jager's Castle at 43785 Gratiot, Clinton Twp @ 11:30am -                 For more info: http://www.wcrlakepointe.com    •·        The 22nd Annual Steak & Burger Dinner Event at Meadowbrook Mansion at 5pm for the VIP Reception April 27th - We need Sponsors! Thank you to the Lakepointe Chapter of Women's Council of Realtors for purchasing a table / sponsoring this...
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