West Bloomfield real estate update

If you are thinking of selling or buying a piece of West Bloomfield real estate you will want to know what is going on in the market right now.  The West Bloomfield real estate market has slowed down a little bit because of the weather.  With the recent cold weather it has put a little bit of a damper on real estate sales.  Many home sellers are sitting back and waiting for the snow and the cold to go away.  So many homes are covered in 18 inches or more of snow.  Some homes have two and three foot piles of snow along the driveway.  Some roofs are covered.  The melting snow is going to cause problems with some basements.  I think there are going to be some leaking basements this spring.

So because some sellers have held off selling their West Bloomfield home.  In some areas of metro Detroit it has caused even a bigger shortage of homes.  Homes are still selling.  Especially the better West Bloomfield homes that have been updated and that are in good to excellent shape.  That is what home buyers are looking for.  2014 home buyers are still wanting stainless steel appliances, granite countertops, wood floors, freshly painted rooms, and finished basements.  Most of today’s West Bloomfield’s home buyers do not want to do the work and deal with a fixer upper.  They would rather move in to a home that is close to “perfect”.

Currently there are 228 homes for sale in West Bloomfield Michigan.  22 of them are West Bloomfield foreclosures.  The average days on the market is 55 for foreclosures and the average days on the market is 152.  What that means is that the homes are sitting on the market a little longer.  The days on the market has only changed about 7 days longer.    This means to home sellers that if they want to sell they have to price it right.  Your home should be in the best condition it can be.  The best homes will sell first.  So if you really want to sell give me a call to do a walk through of your home.  Preparing and staging your home for sale is the best thing you can do to get your home sold.

Home buyers still need to act quickly to secure the best homes.  However I think there is move room to negotiate for a West Bloomfield home this year.  You need to know the most up to date prices for West Bloomfield real estate.  West Bloomfield is a great place to live still.  With it’s excellent school system the township attracts buyers from all over Metro Detroit.  There is shopping, restaurants, and lots to do in Oakland County.  So come enjoy West Bloomfield, it is a great place.  Pine Lake in West Bloomfield is one of  the communities finest lakes.  You can usually find a lake home for sale Upper Straits Lake in West Bloomfield.   There are some very beautiful lakes in the area.

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