What happened to summer? Two-thirds of 2011 is gone, like a whirlwind. Time to update you on the latest in the real estate world (and a little of my world).
The good news is that prices seem to be stabilizing. In some areas, they are climbing. No, they aren’t shooting up like fireworks, but the signs are encouraging. In addition, inventory is shrinking. In many cases when a property comes on the market there are multiple offers, which ultimately pushes prices up.. That’s good news for the sellers, but is a warning to buyers that the time to buy is now. Times are changing and that’s a good thing.
Some of the houses I have sold this year include: In Canton: Vineway, Addison, Hunters Circle, Oakview; Newport and Deer Ct. in Plymouth; Sycamore, Merrilyn Ct., Mulberry, Juniper, and Hillside, in Farmington Hills. My current listings include: in Plymouth: Elmhurst, Newport, and Junction; Brookfield in Livonia; Lowell in Canton, Lake Success in Northville and Staman Circle in Farmington Hills.
I f you would like specific information about the market in your area just drop me an email with your zip code and I’ll send you the information about what’s happening in that zip code.
Senior Notes: According to a recent survey of amenities seniors desire when they decide to relocate, you would think they would want to move to a condominium or adult community. Wrong. The majority surveyed stated they want a one-story, single-family home, but within 20 miles of their current residence and reasonably close to family. They want their home to be a fun place that will be an attractive gatherine place for their children and grandchildren, like a mini-resort. They also want to be near shopping, church and medical facilities. Amenities such as high-speed internet service and smart-home technologies that promote communication, safety and security were also high on their list.
Personal Notes: This summer, my son and daughter-in-law blessed me with twin grandchildren!!! What a pleasure! A boy and a girl, weighing in at 7 lbs. 9 oz. and 6 lbs, 13 oz. My new granddaughter looks like her mom and my new grandson looks like his dad. Isn’t that the way it should be? In other parts of my family, I have a grandson who started college and one who started high-school. How did they grow up that fast?
Miscellaneous Notes: Tidbits about Michigan: Did you know that the city of Novi was named from it’s designation as Stagecoach Stop #6 or No.VI. Also, Michigan is the only place in the world with a floating post office … the J.W. Westcott II is the only boat in the world that delivers mail to ships.
A Final Note Till Next Month: Watch for my monthly column, Senior Living, in the Observer Newspapers on the Real Estate pages contained in the Sports section.
Visit Nancy’s Canton MI real estate website
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