So What is a comparative market analysis (CMA)? We Realtors use them to help Metro Detroit Michigan sellers and buyers determine the values of their homes. Is a comparative market analysis give the true or absolute value of a home? NO Just like an appraisal a CMA is only a professional opinion …
Comparative market analysis (CMA) Metro Detroit real estate explanations Read more »
Detroit real estate update There are 3362 Detroit foreclosures for sale right now. 780 Detroit homes that areshort sales and 20 Detroit Corporate relocation homes for sale. Detroit home values have fallen dramatically. It is not unusual for Detroit brick bungalows that once sold for $90,000 to now sell …
When you are trying to sell your Metro Detroit home remember why you are doing it. are you moving because of a job? are you moving to relieve the financial burden? moving to be closer to family? moving because of retirement? want …
Novi Foreclosure statistics Novi MI real estate is very similar to most of Metro Detroit real estate. There are foreclosures in every Metro Detroit suburb in all price ranges. Currently there are 34 Novi foreclosures. The lowest price one is 50,000 and the highest one over …
Real estate term explanation “Chasing the market down” If you price your Oakland County home too high you will be “chasing the market down”. What I mean by that is by the time you realize that your home is overpriced you will …