Do you consider yourself smart or gullible? My wife went to a place the other night with some girlfriends. One lady is a real estate agent who has been in the business for 25 years. It was interesting what she said. She tried to say that the Metro Detroit real estate market was not that bad. She said that the media was blowing the bad news about the Metro Detroit real estate market out of proportion. That homes were selling and that she was quite busy. Then why did she have to take a second job?
I guess I don’t understand how some agents can lack credibility and try to snowball people. If you live in Metro Detroit you know real estate is taking a hit. There are for sale signs in every neighborhood, homes are taking up to a year to sell, and home prices are falling. Even the Detroit Free Press our local Detroit paper had a front page article stating on how we had such a huge inventory of homes in the Metro Real Estate Market. Those are real numbers, so are those Oakland County housing market reports, Wayne County housing reports, and Livingston County housing market reports. Those numbers are real.
I prefer to tell the clients the truth up front. That if I list your metro Detroit Home it is going to take time to sell and that you are going to have to price it low. There are fewer qualified buyers in Metro Detroit. IT IS A BUYERS MARKET WHERE IT IS NOT UNCOMMON FOR PEOPLE TO BUT IN OFFERS OF 10 -20% LESS THAN LIST PRICE. And sometimes they get accepted.
I don’t want you mad at me for listing your house and blowing smoke “telling you that the outrageous price you want for your home is great” or “that I can sell your home in 30 days.” It is tough out there in the Detroit housing market. IF YOU DON’T HAVE TO SELL DON’T PUT IT ON THE MARKET. (I bet you never heard a real estate agent say that!) IF YOU ARE BUYING SEARCH HARD FOR THE GREAT DEALS. CLICK ON THE SEARCH HOMES BUTTON AT THE TOP OF THIS PAGE. Over 60,000 Michigan homes for sale for you to browse through. For more Michigan home buyer tips or Michigan home selling tips go to www.southeasternmichiganhomes.com
It is another great day in the Metro Detroit Real Estate world. May life treat you and your family well.
Here is my quote of the day.
Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.
Comp and Listing Information Courtesy of Realcomp II Ltd, Properties shown have been listed and sold by various MLS member REALTOR® agents
Farmington Hills homes for sale in Michigan$1,099,000 4 Bedrooms 5 Bathrooms27740 LAKEHILLSFarmington Hills, MI 4802527740 LAKEHILLS, Farmington Hills, MI 48025$995,000 6 Bedrooms 4 Bathrooms21120 HALSTEDFarmington Hills, MI 4816721120 HALSTED, Farmington Hills, MI 48167$959,000 6 Bedrooms 6 Bathrooms26738 TRILLIUM DRFarmington Hills, MI 4833126738 TRILLIUM DR, Farmington Hills, MI 48331$879,000 4 Bedrooms 6 Bathrooms26823 SHADY CRKFarmington Hills, MI 4833426823 SHADY CRK, Farmington Hills, MI 48334$705,000 5 Bedrooms 5 Bathrooms28759 WINTERGREENFarmington Hills, MI 4833128759 WINTERGREEN, Farmington Hills, MI 48331$699,000 6 Bedrooms 4 Bathrooms26705 FARMINGTON RDFarmington Hills, MI 4833426705 FARMINGTON RD, Farmington Hills, MI 48334$689,100 4 Bedrooms 5 Bathrooms37855 Turnberry CrtFarmington Hills, MI 4833137855 Turnberry Crt, Farmington Hills, MI 48331$649,900 4 Bedrooms 4 Bathrooms32574 OAKWOODFarmington Hills, MI 4833432574 OAKWOOD, Farmington Hills, MI 48334$631,900 3 Bedrooms 4 Bathrooms21094 Prestwick DRFarmington Hills, MI 4833521094 Prestwick DR, Farmington Hills, MI 48335$620,000 5 Bedrooms 5 Bathrooms36500 HOWARD RDFarmington Hills, MI 4833136500 HOWARD RD, Farmington Hills, MI 48331$614,000 3 Bedrooms 4 Bathrooms34242 Oak Forest DRFarmington Hills, MI 4833534242 Oak Forest DR, Farmington Hills, MI 48335$600,000 5 Bedrooms 6 Bathrooms20861 DEERFIELDFarmington Hills, MI 4833520861 DEERFIELD, Farmington Hills, MI 48335$599,900 5 Bedrooms 5 Bathrooms21098 PRESTWICKFarmington Hills, MI 4833521098 PRESTWICK, Farmington Hills, MI 48335$599,000 4 Bedrooms 4 Bathrooms22335 Diamond CRT NFarmington Hills, MI 4833522335 Diamond CRT N, Farmington Hills, MI 48335$579,000 4 Bedrooms 6 Bathrooms29260 AugustaFarmington Hills, MI 4833129260 Augusta, Farmington Hills, MI 48331$574,900 4 Bedrooms 4 Bathrooms27063 WINCHESTER CRTFarmington Hills, MI 4833127063 WINCHESTER CRT, Farmington Hills, MI 48331$549,000 4 Bedrooms 4 Bathrooms28634 Bartlett CRTFarmington Hills, MI 4833428634 Bartlett CRT, Farmington Hills, MI 48334$539,900 4 Bedrooms 4 Bathrooms27190 PEMBRIDGE LNFarmington Hills, MI 4833127190 PEMBRIDGE LN, Farmington Hills, MI 48331$535,900 4 Bedrooms 5 Bathrooms37566 CHERRY HLFarmington Hills, MI 4833137566 CHERRY HL, Farmington Hills, MI 48331$532,900 4 Bedrooms 4 Bathrooms37125 White Tail CRTFarmington Hills, MI 4833537125 White Tail CRT, Farmington Hills, MI 48335$524,900 4 Bedrooms 3 Bathrooms26390 HIDDEN VALLEY DRFarmington Hills, MI 4833126390 HIDDEN VALLEY DR, Farmington Hills, MI 48331$522,900 4 Bedrooms 4 Bathrooms28674 Forest Ridge DRFarmington Hills, MI 4833428674 Forest Ridge DR, Farmington Hills, MI 48334$518,900 4 Bedrooms 3 Bathrooms21090 Prestwick DriveFarmington Hills, MI 4833521090 Prestwick Drive, Farmington Hills, MI 48335$513,400 3 Bedrooms 3 Bathrooms34263 Oak Forest DRFarmington Hills, MI 4833434263 Oak Forest DR, Farmington Hills, MI 48334$509,900 4 Bedrooms 4 Bathrooms37840 ELLERLY LNFarmington Hills, MI 4833537840 ELLERLY LN, Farmington Hills, MI 48335$501,900 4 Bedrooms 3 Bathrooms34224 Oak ForestFarmington Hills, MI 4833534224 Oak Forest, Farmington Hills, MI 48335$498,900 4 Bedrooms 3 Bathrooms34180 Oak ForestFarmington Hills, MI 4833434180 Oak Forest, Farmington Hills, MI 48334$489,999 5 Bedrooms 4 Bathrooms25977 POWER RDFarmington Hills, MI 4833625977 POWER RD, Farmington Hills, MI 48336$475,000 5 Bedrooms 5 Bathrooms28921 WELLINGTON STFarmington Hills, MI 4833428921 WELLINGTON ST, Farmington Hills, MI 48334$474,900 4 Bedrooms 5 Bathrooms34015 LYNCROFT STFarmington Hills, MI 4833134015 LYNCROFT ST, Farmington Hills, MI 48331$459,000 3 Bedrooms 2 Bathrooms32225 FOLSOM RDFarmington Hills, MI 4833632225 FOLSOM RD, Farmington Hills, MI 48336$455,000 4 Bedrooms 4 Bathrooms30457 FOX CLUB DRFarmington Hills, MI 4833130457 FOX CLUB DR, Farmington Hills, MI 48331$450,000 4 Bedrooms 4 Bathrooms35682 LANCASHIRE DRFarmington Hills, MI 4833135682 LANCASHIRE DR, Farmington Hills, MI 48331$450,000 7 Bedrooms 7 Bathrooms21154 CENTERFARM LANE RDFarmington Hills, MI 4833521154 CENTERFARM LANE RD, Farmington Hills, MI 48335