Showing posts with label for sale homes. Show all posts
Showing posts with label for sale homes. Show all posts

Tuesday, January 15, 2008

Orchard Ridge Subdivision Neighborhood Update, Novi, Michigan

Lastest Orchard Ridge Subdivision Neighborhood Update, Novi, Michigan as of January 1, 2008

There are 2 homes currently for sale in the sub. The average list price is $289,950 and on the average has been on the market for 409 days

Price Address Bed
$279,900 24084 HICKORY GROVE LN 3
$300,000 23535 HIGHMEADOW DR 4

IF YOU OR ONE OF YOUR FRIENDS, OR CHILDREN WOULD LIKE TO SEE ONE OF THESE LOVELY HOMES EMAIL ME AT INFO@RUSSRAVARY.COM OR CALL ME ON MY CELL AT 313-310-9855

Here are all the homes that have sold in Orchard Ridge, Novi, MI in the last year as of 1/1/2008

Price Address Bed Date Sold
$240,000 23380 DUCHESS CT 4 8/22/2007
$240,000 23413 HIGHMEADOW 3 11/27/2007

2 homes have sold in the last year with an average price of $250,000 after being on the market an average of 93 days.

Remember when you price your home right it will not sit on the market as long. So if you have to move call me for the latest market analysis of your Oakland County subdivision.

If you want other Novi subdivision updates or city of Novi information go to my website http://www.russravary.com/ You can get buyers tips, sellers tips, or search Michigan homes for sale for free without giving any personal contact info or logging in!

IF YOU WANT A NEIGHBORHOOD UPDATE FOR YOUR SUBDIVISION EMAIL ME AT INFO@RUSSRAVARY.COM

I hope this neighborhood newsletter helped you! And helps keep you up to date. If you are thinking of selling a home give me a call or email me at info@russravary.com Or if you know somebody that is looking to buy a home I will help them search out a good deal. Have a great day. Russ Ravary

Sunday, January 13, 2008

Royal Crown Estates Subdivision Neighborhood Update, Novi, MI

Last Royal Crown Estates Subdivision Neighborhood Update, Novi, MI as of January 1, 2008

There are 5 homes currently for sale in the sub. The average list price is $367,283 and on the average has been on the market for 201 days

Price Address Bed
$309,000 22649 FOXMOOR DR 4
$329,900 45752 IRVINE DR 4
$339,900 22702 CHESHIRE CT 4
$359,900 22610 BERTRAM DR 4
$415,000 22549 PORTER ST 4
$450,000 22671 COLONY CT 4

IF YOU OR ONE OF YOUR FRIENDS, OR CHILDREN WOULD LIKE TO SEE ONE OF THESE LOVELY HOMES EMAIL ME AT INFO@RUSSRAVARY.COM OR CALL ME ON MY CELL AT 313-310-9855

Here are all the homes that have sold in Royal Crown, Novi, MI in the last year as of January 1, 2008
Status Price Address Bed Date Sold
PEND $2,000 22689 CHESHIRE CT 4 10/30/2007
Leased $2,150 22557 MOORGATE ST 4 5/21/2007
Leased $2,500 45788 IRVINE DR 4 12/15/2007
SOLD $269,900 22653 FOXMOOR DR 4 12/2/2007
SOLD $300,000 45640 WHITE PINES DR 4 9/25/2007
SOLD $333,000 22677 CHESHIRE CT 4 10/15/2007
SOLD $355,000 45776 IRVINE DR 4 4/3/2007
SOLD $355,000 22668 FOXMOOR DR 4 7/31/2007
SOLD $373,000 22467 HAVERGALE ST 4 2/26/2007
SOLD $377,000 22584 FULLER DR 4 6/22/2007
SOLD $380,000 22479 HAVERGALE

48 homes have sold in the last year with an average price of $342,863 after being on the market an average of 172 days.Remember when you price your home right it will not sit on the market as long. So if you have to move call me for the latest market analysis of your Oakland County subdivision.

If you want other Novi subdivision updates or city of Novi information go to my website http://www.russravary.com/ You can get buyers tips, sellers tips, or search Michigan homes for sale for free without giving any personal contact info or logging in!

IF YOU WANT A NEIGHBORHOOD UPDATE FOR YOUR SUBDIVISION EMAIL ME AT INFO@RUSSRAVARY.COM
I hope this neighborhood newsletter helped you! And helps keep you up to date. If you are thinking of selling a home give me a call or email me at info@russravary.com Or if you know somebody that is looking to buy a home I will help them search out a good deal. Have a great day. Russ Ravary

Friday, January 11, 2008

Summerlin Subdivision Neighborhood Update, Novi, Michigan

Lastest Summerlin Subdivision Neighborhood Update, Novi, MI as of January 1, 2008

There are 4 homes currently for sale in the sub. The average list price is $300,850 and on the average has been on the market for 175 days

Price Address Bed
$3,000 45055 COBBLESTONE 3
$312,500 44735 LARKSPUR 4
$412,900 44975 COBBLESTONE 4
$475,000 45055 COBBLESTONE 3

IF YOU OR ONE OF YOUR FRIENDS, OR CHILDREN WOULD LIKE TO SEE ONE OF THESE LOVELY HOMES EMAIL ME AT INFO@RUSSRAVARY.COM OR CALL ME ON MY CELL AT 313-310-9855

Here are all the homes that have sold in Summerlin, Novi, MI in the last year (a little over a year) as of 1/1/2008
Price Address Bed Sold date
$315,000 44758 LARKSPUR 4 8/6/2007
$350,000 45087 TIVERTON 4 5/3/2007
$366,000 44767 LARKSPUR 4 6/26/2007
$371,000 44911 LINDBERGH 4 12/11/2006


4 homes have sold in the last year with an average price of $350,500 after being on the market an average of 123 days.

Remember when you price your home right it will not sit on the market as long. So if you have to move call me for the latest market analysis of your Oakland County subdivision.

If you want other Novi subdivision updates or city of Novi information go to my website http://www.russravary.com/ You can get buyers tips, sellers tips, or search Michigan homes for sale for free without giving any personal contact info or logging in!

IF YOU WANT A NEIGHBORHOOD UPDATE FOR YOUR SUBDIVISION EMAIL ME AT INFO@RUSSRAVARY.COM
I hope this neighborhood newsletter helped you! And helps keep you up to date. If you are thinking of selling give me a call or email me at info@russravary.com Or if you know somebody that is looking to buy I will help them search out a good deal. Have a great day. Russ Ravary

Saturday, April 28, 2007

Being Realistic

I was told by a lady on the phone the other day that she didn't want to hear about the naysayers. She had bought her home in 2003 and paid a reasonable price for it at that time. She now wants to put money into the home, but she is worried about what it is worth. But she doesn't want to hear the bad news.

Well if she refuses to listen to everything that is going on in the real estate market and only wants to hear about the lucky seller that sold their house in 7 days for 97% of the asking price. Then it is her fault for not hearing about the other 40 people in the city that their homes took 140 days to sell at 85% of their original asking price.

It is a tough market. Reports have been released that housing sales were the slowest since 1989 and foreclosures were up 47% in March. It's ugly out there but homes are selling and there are a lot of great bargains for home buyers. If you are just ready to buy, a first time home buyers, or somebody looking to get into a bigger house it is a great time.

The question you ask is should you wait to see if it goes down more? Nobody has that answer. What you want to do is to look for the deal. Buy a home that is priced below the market. You are not going to get hurt that way if you are going to stay in the home 5 years+. That is the time frame you should be looking to stay in the home you are buying.

If you are thinking 2-3 years start thinking 5+ years. n 2-3 years the market is not going to appreciate enough (for Michigan Real estate and Homes) to get your initial investment and selling costs out of.

Be a planner. Be an investor you your future. Your home is one of the biggest investments of your life. Treat as that, don't buy simply on emotion. Think to yourself - is this a good deal? Is this a good home for resale? Is where it is located a good resale feature? Is the high or low taxes a detriment? Am I going to have to spend more in updates than if I bought a more expensive house with all the updates done?

Think before you buy? Too many people are losing their homes because of poor planning. Become one of my clients and plan your next investment.

Enjoy the weekend with family and friends. Take a ride and go visit a relative or friend you haven't seen in a while. Take care and have fun.
Russ Ravary

Wednesday, March 7, 2007

Well I had another laugh last night. I was putting in an offer on a home in Livingston
County. The house was already overpriced by about $50,000 in this market. Obviously either the agent or the homeowners were on crack. We had to put an offer in of $100,000 less just in case they want to negotiate and split it right down the middle. Sometimes it is harder to negotiate with people that don't have their feet on the ground. The agent even had the audacity to say it was priced right. It was a nice home but obviously they had not checked the sold comps. They must of been relying on "for sale" comps. I do not know if we can negotiate down to the right price or if the current home owners will have to sit on the house for another 6 months to a year before they get wise.
The current homeowners have already been on the market for 6 months. The four most recent comps were $40,000 lower, $45,000 lower, $57,000 lower, and $100,000 lower. If you took into account that some of those houses sold months ago the difference is even bigger. Because home prices are still falling. 3 of those houses were in better neighborhoods or better school systems. Which made our prospective home worth less than them.
If you truly want to sell your home you must price it right. If you are moving and want to find out the value of your home go to http://www.checkmyhousesvalue.com/ Have your agent pull the sold comps. Sit down and think how yours compares to them. If they sold while yours was on the market then why "if yours is such a great deal, didn't it sell?" Because like these buyers you are over priced for the features you have. Check out the for sale homes in your area. Which one would your cheap uncle buy? Would he really buy your home because 0f.... www.russravary.com