Saint Clair Shores, MI Real Estate News

By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  In honor of Veterans Day, Friday, November 11th Applebees is offering a Free Signature Entree for all Veterans and Active Duty Military.                                                God Bless The U.S.A.   VETERANS DAY FRIDAY, NOVEMBER 11TH       photo credit - Photo Bucket ____________________________________________________________________________________   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 Listingbook account.
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  It's that time of the year again folks. I don't know about you but an extra hour of sleep sounds pretty good, doesn't it? When you go to bed Saturday night don't forget to set your clocks back 1 hour. Officially it's Sunday, November 6th at 2 a.m. when the time change takes place.                     This is also a great time to change the batteries in your smoke detectors!   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 Listingbook account.   photo credit: freedigitalphotos.net
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
    Have A Safe & Happy Halloween!               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 Listingbook account.  
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
There were 4 waterfront homes that closed in St. Clair Shores for the month of Septemeber. All were canal front and 2 of them also had lake views. The 4 homes ranged in sales price from $199,000 to $505,000 Of those 4 closings: the average days on the market was 84 the average price per sq.ft. was $112.69   Location plays a huge part in the value of your St. Clair Shores waterfront home. In addition to location, condition and updates and recent comparable sales are right up there also. If you would like to know what your St. Clair Shores Waterfront Home is Worth is worth in todays market ~ 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.   More Real Estate Posts: Top 10 Reasons To Use MY P...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
Condo's also continued to sell in St. Clair Shores for the month of September. There were 14 condominiums that closed between 9/1/11 and 9/30/11 up 1 from August. The average list and sales price was considerably lower for September due to the fact that 6 of the closings were under $20,000 and only 3 were over $50,000. The lowest sale was a 700 square foot apartment style that sold for $10k and the highest was a 1 story ranch located in the golf course community that sold for $75,000. The average list price for closed condominiums in September was $37,502 The average sale price was $32,214 The average days on the market was 130   There are currently 79 condo's on the market in St. Clair Shores as of 10/26/11 and to date there are 21 sales pending.   While St. Clair Shores is not known f...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  Positive trends seem to continue in the St. Clair Shores Real Estate Market! Closings were up from last 2 months. Bank foreclosures continue to be a good portion of the sales activity with 32% of the closings from the month of September being Bank Owned Foreclosures. Currently as of today, October 19, 2011 there are 265 single family homes on the market in the Shores and 34 of those listings are bank owned. See below for September statistics. Have a Happy and Safe Halloween!    There were 98 single family homes that closed in the month of September, 2011 in St. Clair Shores. That's a 9% increase from the month of August which had 89 closings and a 26% increase from the month of July where we saw 72 closings. Seeing a trend here? Let's hope it continues although traditionaly we see a s...
Comments 5
By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
              Game 3 tonight in the D!             Verlander on the mound!             GO GET EM' TIGERS!!!!!!!!!!!!!!!!!!!!!!!!         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 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?        
Comments 17
By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  Since summer is quickly coming to an end, in addition to my St. Clair Shores Market Report for August I thought we'd take a look at the waterfront activity in St. Clair Shores for the year to date, effective September 15th, 2011. Through September 15, 2011 there have been 19 closings on canal front and Lakefront homes in the Shores. Currently as of today there are 25 canal front or Lakefront homes on the market ranging in price from a 1,000 sq. ft. bank owned canal front home at $64,900 to Lakefront homes over 4,000 sq.ft. priced over $800,000. Now just because Fall is upon us, doesn't mean the waterfront market stops. Sure, you may not get the boaters that want to close and move in before the season starts but looking at last year there were 13 canal or lakefront homes that sold betw...
Comments 3
By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
Houses weren't the only thing that sold in St. Clair Shores for the month of August. There were 13 condominiums that closed between 8/1/11 and 8/31/11. These closings ranged from apartment style condos to golf course condos to Lakefront view condos. Sales prices ranged from as low as $14,000 to $260,000 The average list price of these 13 condominiums was $66,046 The average sale price was $60,126 The average days on the market was 150   There are currently 72 condo's on the market in St. Clair Shores as of 9/13/11 and to date there are 20 sales pending. Looking at the condo sales over the past 12 months, the St. Clair Shores Condominium absorption rate is currently at a 8 month supply.  While St. Clair Shores is not known for having a huge condo community, there are actually more than y...
Comments 0
By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
The summer selling season finished strong in St. Clair Shores with 89 closings for the month of August! Let's hope the trend continues for September. The average days on the market was 64. Bank owned homes accounted for approximately 28% of the closings which continues to keep values down. One good thing that I'm noticing is that a lot of those bank owned homes are being bought by investors who are flipping / rehabbing them and then reselling.  Note the closings and statistics are for single family homes only, condo's were not included in this report.     There were 89 single family homes that closed in the month of August, 2011 in St. Clair Shores. That's almost a 20% increase from July which saw 72 closings for the month. The average sale price however was $71,364 which is down from l...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  There are 3 school districts in the city of St. Clair Shores - South Lake, Lakeview & Lakeshore. Here's a look at the upcoming varsity football schedules for each of the 3 schools. - Get out and root for your local team!       South Lake Cavaliers varsity football schedule 2011           8/25     7 p.m. vs Lamphere                      9/1       7 p.m. vs Center Line           9/9       7 p.m. vs Lincoln           9/16     7  p.m. vs Lakeshore           9/23     7  p.m. vs Mount Clemens                                                      9/30     7  p.m. vs Lakeview          10/7      7  p.m. @ Clawson          10/14    7 p.m. vs New Haven          10/21    7 p.m. vs Marysville      _______________________________________________________________________________________________       ...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
Ok ..... I just closed on a home last week with a buyer client of mine. My client used their own bank (which will remain nameless) for their mortgage services and things did not go so smoothly with them. This should have been a slam dunk for a mortgage person. A+ credit, good job, conventional loan, no concessions.   In the end we ended up closing and everyone was Happy, but I sure wish I would have recommended that my buyer talk with my preferred lender, I think it would have been a lot less stressful on my first time buyer, but hindsight is 20/20 as they say.   So in David Letterman fashion here's My Top 10 Reasons to use my Preferred Lender.   #10)  It's not always about who has the lowest rates and fees. There's a Lot to be said for good service.              #9)  My prefered lender...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
 Here's a birds eye view of what's happened in the St. Clair Shores Real Estate Market for the first 6 months of 2011. Based on those 6 month statisics there is just over a 4 month supply of inventory in St. Clair Shores.   There were 430 single family homes that closed during the first half of the year for 2011 in St. Clair Shores. The average sale price was $66,048 and the average list price was $69,998. Here's a break down of the number of homes sold in the various price ranges to give you an idea. SOLD PRICE RANGE                  NUMBER OF CLOSINGS $0 - $50,000                                  170 $51,000 - $100,000                        205 $101,000 - $150,000                       43 $151,000 - $200,000                        4    $201,000 - $300,000                        5 $30...
Comments 2
By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
                  © 2011 Mike Mitchell         If you are in the market to buy or sell real estate in St. Clair Shores or the surrounding Macomb County area, give me a call or email and I'd be happy to assist you. 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)
    The St. Clair Shores Youth Soccer League is having OPEN REGISTRATION for the upcoming fall 2011 / spring 2012 season for boys and girls ages 3 1/2 to 16 years old.                                      Upcoming Registration Dates Wednesday, June 15th from 6 pm to 8 pm at the Civic Center   Saturday, July 9th from 9 am to 11 am at the Civic Center                                             or Visit www.SCSYSL.net for online registration or to download and mail registration form.    
Comments 2
By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
It's Spring Time! The weather may not seem like spring time but our Detroit Tigers opening day is this afternoon at 1:05 p.m. at Yankee stadium.   T.V. on Fox Sports Detroit and ESPN Radio - 97.1 FM and 1270 AM Starting Pitcher for the Tigers - Justin Verlander Starting Pitcher for the Yankees - C.C. Sabathia   Don't forget the Tigers home opener is Friday, April 8th at 3:05 p.m. vs the K.C. Royals © 2011 Mike Mitchell Not only is spring baseball season, but spring is also traditionally home selling season. If you are ready to buy or sell give me a call or drop me an email. If you haven't received 1 of my Detroit Tigers magnetic baseball schedules I still have some left. Email me your address and I'll be happy to send you one.    GO GET 'EM TIGERS!!!!!!   For  information on St. Clair S...
Comments 11
By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
  Have a Happy St. Patricks Day            For  info 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. To start searching for homes for sale, sign up for a free Listingbook account.     photo courtesy of freedigitalphotos.net    
Comments 3
By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
                                      St. Clair Shores Real Estate Market Report There were 66 closings in February for single family homes in St. Clair Shores. The Median List Price was $49,900 and the Median Sale Price was $49,275.   Bank owned homes continue to bring house values down but the good news is that St. Clair Shores is remaining steady with just over a 4 month supply of inventory.   The lowest sale price was $22,500 and the highest sale price was $225,000.   SOLD PRICE RANGE                  NUMBER OF CLOSINGS $0 - $50,000                                  36 $51,000 - $100,000                        18 $101,000 - $126,000                       11 $225,000                                         1   If you would like more information on St. Clair Shores Real Estate or the s...
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By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
It is that time ......... Daylight Saving Time or DST as some call it officially starts Sunday, March 13th at 2:00 a.m. Don't forget to (spring fwd)  set your clocks ahead 1 hour before you go to bed.   Yeah you lose an hours sleep, but ....... it stays light out later in the evening and this is one sure sign that it's almost spring! Even though it might not look or feel like it outside! Spring / Summer is right around the corner! Buyers looking at Homes for Sale will enjoy this also, as it gives us more time to view homes in the evening. This is also an added benefit for Sellers!         **** Don't Forget to CHANGE THE BATTERY'S in your SMOKE DETECTORS also! ****            Interesting DST Facts Hawaii and Arizona are the only 2 states in the U.S. that don't observe DST It is said that...
Comments 7
By Mike Mitchell, REALTOR (R)
(Real Living Kee Realty)
**** To benefit the St. Clair Shores Memorial Day Parade ****       St. Clair Shores Own ... Dave Coulier will be performing! When: Saturday, April 2nd Where: Lakeview High School Auditorium                                                Doors Open at 5 pm Swing Shift Orchestra at 5:30 pm Dave Coulier - 7:00 pm   Tickets are on sale now! $20 Adults, $10 Students w / ID, under 6 Free.   Tickets may be purchased:In person at the Cashier's Office, SCS City Hall (cash or check). In person or by phone(586-445-5350) at SCS Civic Arena, Parks & Recreation Office (cash, check, Visa/MC)         For  info 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. To start searching for homes for sale, sign up for a ...
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