Saint Clair Shores, MI Real Estate News

By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
Is your house on the market this coming holiday season? Are you debating on whether or not to pull it off the market until after the holidays? Are you considering putting your house on the market now even with the holiday season approaching?    There are pros and cons to both. First of all, yes houses do still sell during the holidays. I've sold a house on the day before Christmas one year, and another year, I remember having a closing the day after Christmas. It is also true however that things do typically slow down through the holiday season and don't pick back up until after the first of the year.   Advantages to having your home on the market during the holidays: There is typically less inventory during this time also meaning you have LESS Competition! Waiting until spring there wi...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  Please take a moment to honor all who have served our great country on this Veterans Day.     Restaurant Freebies for Veterans and Active Duty Military   Thank You to all of our Veterans and current Active Duty Military for the FREEDOM that you have provided us.    For all of your St. Clair Shores Real Estate  & Macomb County Real Estate needs, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Home is Worth? Contact me for a free Market Analysis. No pressure, No obligation.   To start searching for Macomb County homes For Sale, sign up for a free Listingbook account.    photo credit - Photo Bucket
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
    Happy Saturday Everyone! I had to bring back this list which I had in a post back in July, 2011 titled Top 10 Reasons to use MY Preferred Lender!    I recently had a deal with a certain bank doing the mortgage, that was in complete disarray! And, it absolutely did not need to be! There was no reason for it. This deal wasn't a distressed property, not a short sale, not a foreclosure. My buyer was your typical qualified fha purchaser. In fact, I would say that's one thing the bank did do correctly was pre-approve my buyer. The pre-approval was strong. Without going into too much of a rant here, because I can feel it coming. The highlights or lowlights were - very poor communication, closing was delayed for 2 full weeks making it 2 months from the time the offer was accepted to closing...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  Veterans Day is Sunday, November 11th and the federal holiday is Monday, November 12th   Here's a list of restaurants that are offering special incentives for Active Duty Military and Veterans. Applebees is offering a free signature entree on Veterans Day, Nov. 11th Hooters is offering 10 free boneless wings with the purchase of a drink. Nov. 11th Famous Daves is offering a free 2 meat salute on Nov. 11th Outback Steakhouse is offering a free Blooming Onion and Coca-Cola on Nov. 11th & 12th Olive Garden is offering a free entree on Nov. 11th   For complete details and participating locations click on the restaurant links Thank You to all of our Veterans and Active Duty Military For all of your St. Clair Shores Real Estate  & Macomb County Real Estate needs, give me a call or email and...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  The Lake St. Clair Pond Hockey WINTER CLASSIC on the Nautical Mile is back on!   Dates: January, 25, 26 & 27, 2013   Last years first ever tournament was cancelled due to an unseasonably warm winter. The Lake St. Clair Pond Hockey WINTER CLASSIC is an outdoor 4 v 4 adult hockey tournament played on a froze over canal on the Nautical Mile.  48 teams are expected playing hockey on 8 outdoor rinks. For rules, registration and more info visit Lake St. Clair Pond Hockey WINTER CLASSIC                                         If you would like information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Home is Worth? Contact me for a free Market Analysis. No pr...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  Wow! It's hard to believe it's November already! Here are the market statistics for St. Clair Shores single family homes for October. 77 Closed average sales price $87,000 median sales price $78,500 lowest sale price $20,000 highest sale price $$435,000 average days on market - 56 median days on market - 28 Of the 77 closed homes in October, 23 of them were bank owned foreclosures and 11 of them were short sales. The remaining (56%) were private sales! There were 2 Lakefront closings as well as 4 Canal Front.       SOLD PRICE RANGE                  NUMBER OF CLOSINGS   $0 - $50,000                                    15 $51,000 - $100,000                         44 $100,001 - $150,000                       13                    $151,000 - $200,000                        1 $201,000 - $2...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  Tuesday, November 6th, 2012. It's Election Day. Make sure you exercise your right to express your opinion. Go out and Vote Today.   Polls are open at 7 a.m. and stay open until 8 p.m.  Remember if you don't Vote you can't bitch!     If you would like information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Home is Worth? Contact me for a free Market Analysis. No pressure, No obligation.   To start searching for homes for sale, sign up for a free Listingbook account.    photo credit  
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  The St. Clair Shores condominium market was pretty active as the month of October had 20 closings! Units varied in price from $13,000 apartment style condos to golf course units to luxury gated community condominiums near the $200,000 price range.    lowest sales price $12,935 highest sales price $212,000 average sales price $76,745 average days on the market 94 If you would like more information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Condo is Worth? Contact me for a free Market Analysis. No pressure, No obligation   Featured St. Clair Shores Condo:  7007 Harbor Place, St. Clair Shores     To start searching for St. Clair Shores Condos For Sale,...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  For those that don't know a Flip is a term used for a house that was bought at a wholesale price, rehabbed or improved and then put back on the market for retail. The goal is for the investor to improve the house and make a profit.   Being a full time REALTOR(r) I've shown quite a few Flips while working with buyer clients. The one thing I can't understand is why some of these flippers put the home on the market when it's not complete, and then try and get top dollar? I don't know if it's their agent rushing them, wanting to get it on the market or if the client(s) are insisting or both!   This past summer the market has been hot in our local area with inventory low, especially for private sales, making it a sellers market. However I've been in quite a few flips with different clients...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  It's That Time Again............ The leaves are falling, the footballs are flying and it's  Time to Fall Back!    Daylight Savings Time officially ends Saturday, November 4th at 2 a.m.   So don't forget to turn your clocks back 1 hour when you go to bed. In addition to changing all the clocks in your house, this is a great time to change all of the batteries in your smoke detectors.           Enjoy that extra hour of sleep!        If you would like more information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Home is Worth? Contact me for a free Market Analysis. No pressure, No obligation.   To start searching for homes for sale, sign up for a free L...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
          What are homes in my area selling for?   How much did that home down the street from         me sell for?                Where can I look for recent home sale information?       I have the answer to all of those questions!   If you want to know what your St. Clair Shores home is worth in today's market give me a call or shoot me an email. I'd be happy to prepare a comparative market analysis (CMA) for you to give you an accurate idea of your homes value or answer any questions you might have.       **** no pressure, no obligation ****
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
       Have a Happy and Safe Halloween!   It's Halloween! Get those Jack-O-Lanterns ready! Hopefully there will be no rain for the Trick or Treaters!  Here's the local forecast from the weather channel. Be safe and have fun! HAPPY HALLOWEEN!!!! photo credit - free digital photos.net
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  _____________________________________________________________________________ For information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Home is Worth? Contact me for a free Market Analysis. No pressure, No obligation   Featured Listing:  7007 Harbor Place, St. Clair Shores       To start searching for homes for sale, sign up for a free Listingbook account.  
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  WE'RE ALL PROUD OF OUR BASEBALL TEAM ............                                GO GET EM' TIGERS!!!!!!!!!!!!!!!!!!!!!                                                             Detroit Tigers and N.Y. Yankees, American Leage Championship Series. Gottal love it when your team's playing baseball in October.          photo credit - free-extras.com ____________________________________________________________________ If you would like more information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Home is Worth? Contact me for a free Market Analysis. No pressure, No obligation   Featured Listing:  7007 Harbor Place, St. Clair Shores ~ NOT A SHORT SALE!   ...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
The market continues to shift into a sellers market with an absorbtion rate of just slightly over a 2 month supply of single family homes on the market. 3rd quarter stats: 271 Closed Transactions for single family homes 88 of those closed were Bank Owned Foreclosures 24 of those closed were short sales 7 were Canal Front Average List Price - $78,574 Average Sales Price - $75,672 High Sales Price - $232,500 Low Sales Price - $4,000 Average Days on the Market - 47 Median Days on the Market - 27     If you would like more information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Home is Worth? Contact me for a free Market Analysis. No pressure, No obligatio...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
Similar to the single family homes, the inventory for the condo market in St. Clair Shores remains low. There's currently a 2 month supply of condos on the market. 3rd Quarter Statistics: 39 units closed Highest Sale Price - $185,000 Lowest Sale Price - $11,500 Average Sale Price - $57,348 Average Days on Market - 60 Currently Active - 34   If you would like more information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Condo is Worth? Contact me for a free Market Analysis. No pressure, No obligation  Featured St. Clair Shores Condo:  7007 Harbor Place, St. Clair Shores     To start searching for homes for sale, sign up for a free Listingbook account.   ...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  Here's the statistics for the month of June for the St. Clair Shores real estate market: Avg. List Price $84,357 Avg. Sales Price $81,981 Highest Sales Price $695,000 Lowest Sales Price $26,000 Homes are selling. Inventory remains low, which is not so great for buyers, but good for the over all recovery of the market. Looking back at the absorption rate the last 6 months in St. Clair Shores there's currently a 2.5 month supply of homes on the market. That's including short sales. If you're a buyer that doesn't want to be bothered waiting for a bank to possibly approve a short sale, there are currently 46 active on the market. Remove those and you have a 1.9 month supply of homes on the market. These are all positive signs. Lower inventory will eventually drive prices up. It is not goi...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
 Tonight Starts the Summer Concert Series! 2012 Michelob Ultra "Music on the Lake" Concerts Where:  Veterans Memorial Park When:  Wednesday Nights starting at 7:30 p.m. View the upcoming concert schedule here If you would like more information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Home is Worth? Contact me for a free Market Analysis. No pressure, No obligation FEATURED LISTING ~ 7007 Harbor Place   To start searching for homes for sale, sign up for a free Listingbook account. More Real Estate Posts:   Top 10 Reasons To Use MY Preferred Lender Highest and Best! What's That?  What's an EMD? I've Already Moved Out of State, Do I have to Come Back fo...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  Wishing Everyone a Safe and Happy FOURTH of JULY!       Clip art courtesy of webweaver If you would like more information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Home is Worth? Contact me for a free Market Analysis. No pressure, No obligation FEATURED LISTING ~ ST. CLAIR SHORES BRICK RANCH ~ NOT A SHORT SALE!   To start searching for homes for sale, sign up for a free Listingbook account. More Real Estate Posts:   Top 10 Reasons To Use MY Preferred Lender Highest and Best! What's That?  What's an EMD? I've Already Moved Out of State, Do I have to Come Back for the Closing?
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