Latest Whispering Meadows Subdivision Neighborhood Update as of January 1, 2008
There are 3 homes currently for sale in the sub. The average list price is $284,500 and on the average has been on the market for 170 days
Price Address Bed
$1,800 for lease 21983 ARBOR LN 4
$243,500 21739 SUNFLOWER RD 4
$290,000 21679 CLOVER LN 4
$329,000 21983 ARBOR LN 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 Whispering Meadows, Novi, MI in the last year as of 1/1/2008
Status Price Address Bed Sold Date
Leased $1,400 40151 WHISPERING LN 3 5/8/2007
Leased $1,500 40078 SANDPOINT WAY 3 11/12/2007
Leased $1,600 21921 SHADYBROOK DR 4 8/5/2007
Leased $1,600 21603 SUNRISE BLVD 3 9/7/2007
SOLD $175,000 40187 LADENE LN 2 5/24/2007
SOLD $185,000 40172 LADENE LN 3 11/30/2006
SOLD $199,500 40768 MILL ROAD CT W 3 5/21/2007
SOLD $212,000 22047 CLOVER LN 3 11/21/2007
SOLD $215,000 22018 SHADYBROOK DR 3 5/11/2007
SOLD $225,000 40148 LADENE LN 3 11/6/2007
PEND $225,000 21939 SHADYBROOK DR 3 12/4/2007
SOLD $227,500 40281 LADENE LN 3 4/1/2007
PEND $229,900 40177 SANDPOINT WAY 3 11/29/2007
SOLD $236,000 40136 LADENE LN 3 4/13/2007
SOLD $237,000 21762 SHADYBROOK DR 3 7/13/2007
11 homes have sold in the last year with an average price of $212,444 after being on the market an average of 198 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 subdivsions 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
Tuesday, January 8, 2008
Monday, January 7, 2008
Willowbrook Estates Subdivision, Novi, Michigan
Lastest Willowbrook Estates Subdivision Neighborhood Update, Novi, Michigan as of January 1, 2008
There are 14 homes currently for sale in the sub. The average list price is $191,700 and on the average has been on the market for 137 days
Price Address Bed
$1,500 for Lease 23596 E LE BOST 3
$169,900 40994 MALOTT 3
$169,900 40571 ROCK HILL 3
$175,000 41010 MALOTT 3
$179,900 23408 W LE BOST 3
$179,900 41008 HOLLYDALE 3
$194,900 40610 ROCK HILL ST 3
$195,000 40991 MOORINGSIDE 3
$199,900 24255 N LE BOST 4
$204,900 24367 N LE BOST 4
$205,900 41045 HOLLYDALE 3
$214,900 23325 W LE BOST 3
$218,900 41028 MALOTT 3
$224,900 23675 MAUDE LEA 3
IF YOU OR ONE OF YOUR FRIENDS, OR CHILDREN WOULD LIKE MORE INFORMATION OR 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 Willowbrook Estates, Novi, MI in the last year as of 1/1/2008
Price Address Bed Sold Date
Leased $1,450 41152 HOLLYDALE 3 5/7/2007
SOLD $99,000 23799 E LE BOST 3 12/14/2007
SOLD $138,216 24460 BORDERHILL 4 10/12/2007
SOLD $140,000 41118 N MCMAHON CIR 3 8/7/2007
SOLD $144,000 40905 MOORINGSIDE 3 11/17/2007
SOLD $145,500 24130 WILLOWBROOK 3 1/4/2007
SOLD $153,000 41132 S MCMAHON CIR 3 9/28/2007
SOLD $163,500 23821 W LE BOST 3 3/1/2007
SOLD $168,000 41103 N MCMAHON CIR 3 3/9/2007
SOLD $174,000 23621 W LE BOST 3 4/16/2007
SOLD $196,000 41046 MALOTT DR 4 10/30/2007
SOLD $215,000 23777 MAUDE LEA ST 3 12/27/2006
SOLD $218,000 23690 MAUDE LEA ST 3 8/27/2007
12 homes have sold in the last year with an average price of $162,951 after being on the market an average of 113 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 subdivsion 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!
I hope this information 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
There are 14 homes currently for sale in the sub. The average list price is $191,700 and on the average has been on the market for 137 days
Price Address Bed
$1,500 for Lease 23596 E LE BOST 3
$169,900 40994 MALOTT 3
$169,900 40571 ROCK HILL 3
$175,000 41010 MALOTT 3
$179,900 23408 W LE BOST 3
$179,900 41008 HOLLYDALE 3
$194,900 40610 ROCK HILL ST 3
$195,000 40991 MOORINGSIDE 3
$199,900 24255 N LE BOST 4
$204,900 24367 N LE BOST 4
$205,900 41045 HOLLYDALE 3
$214,900 23325 W LE BOST 3
$218,900 41028 MALOTT 3
$224,900 23675 MAUDE LEA 3
IF YOU OR ONE OF YOUR FRIENDS, OR CHILDREN WOULD LIKE MORE INFORMATION OR 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 Willowbrook Estates, Novi, MI in the last year as of 1/1/2008
Price Address Bed Sold Date
Leased $1,450 41152 HOLLYDALE 3 5/7/2007
SOLD $99,000 23799 E LE BOST 3 12/14/2007
SOLD $138,216 24460 BORDERHILL 4 10/12/2007
SOLD $140,000 41118 N MCMAHON CIR 3 8/7/2007
SOLD $144,000 40905 MOORINGSIDE 3 11/17/2007
SOLD $145,500 24130 WILLOWBROOK 3 1/4/2007
SOLD $153,000 41132 S MCMAHON CIR 3 9/28/2007
SOLD $163,500 23821 W LE BOST 3 3/1/2007
SOLD $168,000 41103 N MCMAHON CIR 3 3/9/2007
SOLD $174,000 23621 W LE BOST 3 4/16/2007
SOLD $196,000 41046 MALOTT DR 4 10/30/2007
SOLD $215,000 23777 MAUDE LEA ST 3 12/27/2006
SOLD $218,000 23690 MAUDE LEA ST 3 8/27/2007
12 homes have sold in the last year with an average price of $162,951 after being on the market an average of 113 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 subdivsion 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!
I hope this information 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
Sunday, January 6, 2008
Windridge Place Subdivision Neighborhood update, Novi, Michigan
Windridge Place Subdivision, Novi, Michigan
Lastest Windridge Place Subdivision Neighborhood Update as of January 1, 2008
There are no homes currently for sale in the sub. The average list price is $N/A and on the average has been on the market for N/A days
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 Windridge Place, Novi, MI in the last year as of 1/1/2008
Price Address Bed Sold Date
$525,000 45920 ASHFORD CIR 4 10/30/2007
1 home has sold in the last year with an average price of $525,000after being on the market an average of 53 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 subdivsion updates or city of Novi information or Novi real estate 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! Have a great day. Russ Ravary
Lastest Windridge Place Subdivision Neighborhood Update as of January 1, 2008
There are no homes currently for sale in the sub. The average list price is $N/A and on the average has been on the market for N/A days
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 Windridge Place, Novi, MI in the last year as of 1/1/2008
Price Address Bed Sold Date
$525,000 45920 ASHFORD CIR 4 10/30/2007
1 home has sold in the last year with an average price of $525,000after being on the market an average of 53 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 subdivsion updates or city of Novi information or Novi real estate 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! Have a great day. Russ Ravary
Saturday, January 5, 2008
Novi Subdivisions, Wintergreen Park, Mi neighborhood update
Lastest Wintergreen Park Subdivision Neighborhood Update as of January 1, 2008
There are 3 homes currently for sale in the sub. The average list price is $501,300 and on the average has been on the market for 150 days
$479,000
23568 WINTERGREEN CIR
4 bed
$499,900
23805 WINTERGREEN CIR
4 bed
$525,000
23705 WINTERGREEN
4 bed
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 Wintergreen Park, Novi, MI in the last year as of 1/1/2008
Price Address Bed Date Sold
$435,000 23640 WINTERGREEN CIR 4 7/5/2007
1 home has sold in the last year with an average price of $435,000 after being on the market an average of 53 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 subdivsion 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!
There are 3 homes currently for sale in the sub. The average list price is $501,300 and on the average has been on the market for 150 days
$479,000
23568 WINTERGREEN CIR
4 bed
$499,900
23805 WINTERGREEN CIR
4 bed
$525,000
23705 WINTERGREEN
4 bed
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 Wintergreen Park, Novi, MI in the last year as of 1/1/2008
Price Address Bed Date Sold
$435,000 23640 WINTERGREEN CIR 4 7/5/2007
1 home has sold in the last year with an average price of $435,000 after being on the market an average of 53 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 subdivsion 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!
Friday, January 4, 2008
Yerkes Manor Estates, Novi, Mi neighborhood update
Last Yerkes Subdivision Neighborhood Update as of January 1, 2008
There are 1 home currently for sale in the sub and one for lease. The average list price is $349,000 and on the average has been on the market for 293 days
For Lease $2,400 20828 VERANDA DR 4 bedrooms
For Sale $349,000 20804 VERANDA DR 4 bedrooms
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 Yerkes Manor Estates, Novi, MI in the last year as of 1/1/2008
Price Address Bedrooms Sold or Leased as of
Leased $2,200 20899 VERANDA DR 4 6/22/2007
SOLD $328,000 20852 VERANDA DR 4 8/16/2007
SOLD $435,000 20755 EMILY CT 5 10/8/2007
3 homes have sold in the last year with an average price of $381,500 after being on the market an average of 72 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.
For more Novi Subdivision updates or City of Novi info go to my website www.russravary.com Or if you are searching for a Novi home search thousands of listings free on my website.
There are 1 home currently for sale in the sub and one for lease. The average list price is $349,000 and on the average has been on the market for 293 days
For Lease $2,400 20828 VERANDA DR 4 bedrooms
For Sale $349,000 20804 VERANDA DR 4 bedrooms
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 Yerkes Manor Estates, Novi, MI in the last year as of 1/1/2008
Price Address Bedrooms Sold or Leased as of
Leased $2,200 20899 VERANDA DR 4 6/22/2007
SOLD $328,000 20852 VERANDA DR 4 8/16/2007
SOLD $435,000 20755 EMILY CT 5 10/8/2007
3 homes have sold in the last year with an average price of $381,500 after being on the market an average of 72 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.
For more Novi Subdivision updates or City of Novi info go to my website www.russravary.com Or if you are searching for a Novi home search thousands of listings free on my website.
Wednesday, January 2, 2008
Buying a home to keep
Buying a home to keep (edit/delete)
Over the years I have had people come to me and buy homes that I know that can't afford. I have asked them if they were sure they wanted to spend that kind of money.
There are many issues with this problem. If you as a buyer had a Realtor or mortgage person tell you that they think you are over buying... would you listen? As a Realtor many clients don't take our advice. Many people buy with emotion. We see over and over people buy homes we would never buy. And that is the point. We the Realtor are not going to live there you are. It is your choice to make, it's not our choice. We can subtly tell you that we think it is a bad idea. I can't tell you how many times clients have not listened to my advice. Many do listen, but there are many that never hear.
Buyers and sellers have what they want in their head and most times we can't sway them. Shoot... their parents can't tell them, their spouse can't change their mind. Do you think what we say, sways them?
But it is more important than ever to this generation of buyers, 2008 buyers, that they step back and figure out what they can afford to pay a month before they see a mortgage person or a real estate person. Better yet. If their house payment with taxes and insurance is going to be $2000 and they are paying $1000 a month in rent. Then they should try to live 6 -12 months putting the extra $1000 away. And not spending it for anything. That way they can find out if they can live comfortably with a $2000 payment. Plus they would have a nice down-payment or rainy day fund.
If you need more mortgage information or Michigan real estate information go to my website www.russravary.com You can search thousand of Michigan Houses for sale free on my site without giving your name or any personal information.
Over the years I have had people come to me and buy homes that I know that can't afford. I have asked them if they were sure they wanted to spend that kind of money.
There are many issues with this problem. If you as a buyer had a Realtor or mortgage person tell you that they think you are over buying... would you listen? As a Realtor many clients don't take our advice. Many people buy with emotion. We see over and over people buy homes we would never buy. And that is the point. We the Realtor are not going to live there you are. It is your choice to make, it's not our choice. We can subtly tell you that we think it is a bad idea. I can't tell you how many times clients have not listened to my advice. Many do listen, but there are many that never hear.
Buyers and sellers have what they want in their head and most times we can't sway them. Shoot... their parents can't tell them, their spouse can't change their mind. Do you think what we say, sways them?
But it is more important than ever to this generation of buyers, 2008 buyers, that they step back and figure out what they can afford to pay a month before they see a mortgage person or a real estate person. Better yet. If their house payment with taxes and insurance is going to be $2000 and they are paying $1000 a month in rent. Then they should try to live 6 -12 months putting the extra $1000 away. And not spending it for anything. That way they can find out if they can live comfortably with a $2000 payment. Plus they would have a nice down-payment or rainy day fund.
If you need more mortgage information or Michigan real estate information go to my website www.russravary.com You can search thousand of Michigan Houses for sale free on my site without giving your name or any personal information.
Tuesday, January 1, 2008
My 2008 real estate predictions
My Metro Detroit area real estate predictions (edit/delete)
Unfortunately the outlook for Southeastern Michigan real estateis not the rosiest. Because of the high unemployment, the poor economy, people leaving the state, the high foreclosures, and the banks tightening the credit guidelines HOME PRICES WILL CONTINUE TO FALL IN 2008. There are too many empty homes, too many bank foreclosures that have not been sold, and no sign of economic turnaround. The banks are going to continue to dump houses at lower prices in order to unload them which will lead to lower comparables in subdivisions. Buyers are going to continue to seek out the best home for the best price, and best value. With so many foreclosures they expect the same prices from homeowners as they do from bank foreclosed homes. So for sellers it is not rosy, but for buyers it is one of the greatest times to buy.
For buyers Here are 3 great reasons to buy this year.
1)Interest rates are still in the low 6% - 7% range depending on the day. You can still get a low payment on a home and you can buy more home than you could 3 years ago. As a buyer before you see a mortgage person or a Realtor you need to sit down and figure out how much you can afford. What kind of monthly payment can you pay for a house without getting yourself in trouble. Then ask the mortgage person what price house that payment can buy. Be sure to include taxes and insurance. Then once you get that number from the mortgage person talk to a Realtor and see what kind of home that price will buy. Don't let the Realtor or the mortgage person leave out the taxes or insurance. It is a cost that you have to pay. Stay within your budget so you can keep your house. For more mortgage information go to www.russravary.com
2)There are many available home choices as there is a large inventory. Homes that are updated and priced well are still moving quicker than other homes. But many homes are sitting on the market over 60 days. Get house hunting tips, negotiating tips, and buyers tips and advice on my website on the buyers button.
3)Wayne County real estate, Oakland County real estate, and Livingston county real estate have fallen in value in the last 3 years. Many home values have fallen between 20 - 35%. What that means to you is that you can buy more home than your could have in the last 3 years. Some of the home prices are back to 1990's.
So my advice to potential sellers is don't sell unless you have to, ie... relocation, divorce, death, retirement, or moving up to a larger house. Move if there is a life changing event. If you are just testing the market or want to price it high don't waste your time. Wait to sell. But remember that many economists are predicting that it will take up to 10 years to get back to the prices we had 3 years ago. For more great selling info, articles, sellers tips go to www.russravary.com and click on the selling button
Unfortunately the outlook for Southeastern Michigan real estateis not the rosiest. Because of the high unemployment, the poor economy, people leaving the state, the high foreclosures, and the banks tightening the credit guidelines HOME PRICES WILL CONTINUE TO FALL IN 2008. There are too many empty homes, too many bank foreclosures that have not been sold, and no sign of economic turnaround. The banks are going to continue to dump houses at lower prices in order to unload them which will lead to lower comparables in subdivisions. Buyers are going to continue to seek out the best home for the best price, and best value. With so many foreclosures they expect the same prices from homeowners as they do from bank foreclosed homes. So for sellers it is not rosy, but for buyers it is one of the greatest times to buy.
For buyers Here are 3 great reasons to buy this year.
1)Interest rates are still in the low 6% - 7% range depending on the day. You can still get a low payment on a home and you can buy more home than you could 3 years ago. As a buyer before you see a mortgage person or a Realtor you need to sit down and figure out how much you can afford. What kind of monthly payment can you pay for a house without getting yourself in trouble. Then ask the mortgage person what price house that payment can buy. Be sure to include taxes and insurance. Then once you get that number from the mortgage person talk to a Realtor and see what kind of home that price will buy. Don't let the Realtor or the mortgage person leave out the taxes or insurance. It is a cost that you have to pay. Stay within your budget so you can keep your house. For more mortgage information go to www.russravary.com
2)There are many available home choices as there is a large inventory. Homes that are updated and priced well are still moving quicker than other homes. But many homes are sitting on the market over 60 days. Get house hunting tips, negotiating tips, and buyers tips and advice on my website on the buyers button.
3)Wayne County real estate, Oakland County real estate, and Livingston county real estate have fallen in value in the last 3 years. Many home values have fallen between 20 - 35%. What that means to you is that you can buy more home than your could have in the last 3 years. Some of the home prices are back to 1990's.
So my advice to potential sellers is don't sell unless you have to, ie... relocation, divorce, death, retirement, or moving up to a larger house. Move if there is a life changing event. If you are just testing the market or want to price it high don't waste your time. Wait to sell. But remember that many economists are predicting that it will take up to 10 years to get back to the prices we had 3 years ago. For more great selling info, articles, sellers tips go to www.russravary.com and click on the selling button
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