As we enter a New Year many Sellers wonder what 2008 holds for them. Though we are not out of the woods yet, there are many positive things happening in Michigan and the Ann Arbor area that is at least changing the attitudes of home sellers and Buyers. The Pfizer facility welcomes Three New Companies moving in this year and they expect another 2-3 other companies to follow. Toyota is still going strong. Ford and GM have financial plans in place to help them become profitable again though it has been a long road and we are not yet near the end, there is a light at the end of the tunnel.
That being said Inventory is going down in the Ann Arbor Area. Buyers that need to move to the area because of Job or Family are still moving, Investors are taking advantage of the opportunity to buy some of the foreclosed and short sale properties and local people continue to upgrade or downsize their homes to meet their needs. I see more and more properties that are priced correctly for current market conditions sell at or close to full price. Buyers certainly don't want to miss the opportunity to buy now with many choices of homes available and interest rates hovering around 6.25%. All and All, I expect this will be a Great Year for both Buyers and Sellers. I expect to see those homes that have been on the market for over nine months now (if priced to correctly ) to sell as we move into Spring. Remember to stay Positive, Enjoy life and Treasure the ones you Love. I wish everyone a Healthy, Happy and Prosperous New Year. For more information on Me or to Search MLS please click on the link below.
Kim Foster
Serving Washtenaw County for over 10 Years.
Charles Reinhart Realtors.
2452 East Stadium Blvd.
Ann Arbor Mi 48104
Cell 678-7839
Ann Arbor Mi 48104
Cell 678-7839
