Metro Detroit real estate, Southeastern Michigan real estate update
Weare having a pretty decent spring real estate season. Many Michigan home buyers are out looking for bargains. The updated ready to move in homes are selling. Michigan foreclosures are selling because they are bargains. Many Michigan foreclosures are getting multiple offers. There are some bidding wars on some foreclosed homes when the bank price them right.
Unfortunately some Michigan homes for sale are still sitting for long periods on the market. Some of the reasons why these Michigan homes for sale are selling are:
- Over-priced
- Not updated
- In poor condition
- Wallpaper on the walls
- No curb appeal
- Over-priced
- Over-priced
- Over-priced
Remember to think as a buyer. Michigan home buyers are not stupid. They are out there looking for a bargain. They are looking for the best Michigan home for sale that fits their needs and desires at a "bargain price"
For more Michigan real estate infomation or Metro Detroit real estate information go to my websites www.RussRavary.com or www.DetroitMichiganRealEstateHOmes.com Lots of great Michigan home buyers tips, how to prepare your Michigan home for sale or just search thousands of Michigan homes for sale free at your convenience.
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My Month of April quote:
"Sometimes the only way to get to the far shore is to lose sight of the shore you just left"
Russ Ravary
"helping make your move easier"
your local Metro Detroit Realtor helping clients like you sell and buy homes through out the entire Metro Detroit suburbs. I love showing and selling Oakland County and Livingston County Lake front homes too.
Russ
Good info. HOmes that are priced right and are in good couynandtion will almost always sell!!!!
Not true. People want a bargain and are willing to pay $110,000 for a home that needs $60,000 in updates rather than shell out $160,000 for an updated, ready to move in home. Good luck selling right now unless you own your home and can drop the price 50%.
Jen is right in a few respects. There are people out there that are willing to pay for a low priced un updated home. Unfortunately it is very seldom that any seller including banks are taking 50% of the list price. It is not happening very often. I hear stories about it. A buyer tells the story how they paid only 50% of what the home was worth. All the ones I have checked have been untrue. Maybe 50% of what the home was worth at the peak. But I haven't seen any sell at 50% of list.
Plus I don't know how you can sell your home unless you own it! No home owner is going to drop the price 50% that I know of.