Macomb County Real Estate Blog - Mike Mitchell

  Macomb Township saw 42 closings (for single family homes) for the month of February. Included in those 42 closings: 8 were REO's (Bank Owned Homes) and 2 were Short Sales.            Stats for February 2014 The average sale price was $252,754 & the median sale price was $243,500 The average Day...

  There were 38 single family homes that closed in St. Clair Shores during the month of February. That number is down from last month where we saw 49 closings. Looking back at last years stats there were 50 closings in February 2013. My personal opinion, I think the extremely cold and snowy winte...

  I always tell my seller clients that you have to live your life a little different when your home is on the market. I know it can sometimes be a difficult task, but it will pay off in the end with the sale of your house!  These are some excellent tips on how to keep your house Show Ready from K...

  Often in the real estate world we forget that most consumers don't know what the acronyms we use stand for, and why would they? One of the common ones that I tend to rattle off is EMD. So what is an EMD? EMD stands for earnest money deposit.     So what exactly is an earnest money deposit? When...

  All buyers have their search criteria like must have at least 1 1/2 baths and a basement or must be a 1 story ranch. Some just have a few "must haves" like the ones mentioned. Others get more specific as to the interior features other than just bedrooms, baths and basements. I've had buyers tha...

  I could not agree more with this post. I always recommend to my buyers that they change the locks as soon as possible after they close. You never know how many keys are floating around to your house! Thanks Amanda, for allowing me to re-blog this post.  Buyers – Change The Locks After Closing O...

  There were just 3 transactions at Harbor Place Condominiums in St. Clair Shores in 2013 compared to 8 units sold in 2012. That is good news for Harbor Place sellers, as a lack of inventory in the highly desired complex will help bring prices up.                                                  ...

  Macomb Township started the 2014 real estate market off with 47 closings ( for single family homes) in January. Of those 47 closings, 11 were REO's or Bank Owned Homes.    The average sale price was $230,211 & the median sale price was $230,000 The average days on market was 49 with the median ...

  Here's a look at how the real estate market in St. Clair Shores started off in 2014. I didn't switch to a winter picture for the pie chart, thought everyone would like to see a nice sunny, summer picture! There were 49 single family St. Clair Shores homes that closed in January.     The average...

This survey was put on by Active Rain as stated above in the chart. I would have to agree with the results, in my 11 years experience as a real estate professional.   Overpriced Home - absolutely is the biggest mistake a seller can make when trying to sell their home. You can have all the market...