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Great Agents Needed!
ChangingStreets.com strives to provide an excellent consumer experience when buying or selling a home and that seems to be resonating with home buyers in Oakland County. We will grow 120% in Oakland County in 2012 to over 250 units, our strategic partnerships and current pipeline of REO inventory guarantee it. We are looking for two agent that want to share in our success and be great. Consumer driven,... [Read more]
Inventory is Biggest Issue….
Inventory has been the issue in the real estate market for the last five years, too much of it. But that has all changed. I speak with a ton of agents every day and the biggest issue is they can’t find homes for their clients! We have heard their is a ton of “shadow inventory” in the foreclosure market, and there maybe but it seems the banks are content to sit on them for a while... [Read more]
Interesting Article in NY Times on Mortgage GFE’s
This article tells the ups and downs of the new Good Faith Estimate of Settlement Costs provided to a borrower within three days of mortgage application. It is tough to make anything that appeals to everyone, but it has definately been a move in the right direction. http://www.nytimes.com/2011/03/27/realestate/27Mort.html?_r=1&hp It is the same form all mortgage lenders on ChangingStreets.com use... [Read more]
Search ChangingStreets.com Property Listings…
See a ChangingStreets.com sign and looking for a specific property? CLICK HERE You can also search for any home listed by search by Address Here. You can also set up an advanced search and save to have results email to you…great stuff. Enjoy the site and let it and us work for you! Our goal is to make your real estate experience Smart, Easy, Sane. Read More →
Fannie Mae is Paying 3.5% in Closing Costs
Fannie Mae is paying up to 3.5% in closing costs for buyer of HomePath homes. This is a tremendous opportunity for buyers to not only get a great deal on home but also save money on an already cheap mortgage! Buyers and selling agents must meet the following qualifications to be eligible for the incentive: HomePath property sale must close on or before December 31, 2010 and close within 60 days of... [Read more]
Sales Prices Rise in Oakland County for Q3
Southeast Michigan Real Estate is doing OK. Well a little better than OK compared to last year at this time, 15.6% better to be exact. The average sold price of a home in Oakland County Michigan was $168,953 for third quarter of 2010, up 15.6% from $146,089 for the third quarter of 2009. Over $22,000 price increase. We are not back to 2006 sales prices yet but it definitely appears that the bleeding... [Read more]
Oakland County Home Prices
Prices in Oakland County continue to rise. The average sales price so far for Q3 2010 is $169,866 vs. $146,611 for Q3 2009; a $23,255 increase. NICE. The higher end of sales is also on a roll 29 sales over $1,000,000 so far in Q3 vs 21 for all of Q3 2009. Not only is the number of high end homes up but the average sales price is up as well to $1,431,296 this is up over $119,000 from $1,312,976. The... [Read more]
Oakland County Home Prices Rising.
The average price of a home sold in Oakland County rose 12.5% from the same period last year. In July of 2009 1369 homes sold in Oakland County for an average sales price of $141,585. The average home was 1805 sq ft, for an average price per square foot of $78.70. There were 13 homes sold that listed for greater than $750,000. In July of 2010 1046 homes sold in Oakland County for an average sales... [Read more]
Help For Homeowners
Michigan State Housing Authoritiy is offering help for struggling homeowners. They have announced $154.5 million dollars set aside to assist unemployed and under-employed homeowners. Governor Granholm, MSHDA Announce Helping Hardest-Hit Homeowners Fund to Combat Foreclosure FOR IMMEDIATE RELEASE July 7, 2010Governor Granholm, MSHDA Announce Helping Hardest-Hit Homeowners Fund to Combat ForeclosureLANSING... [Read more]
People Moving to Oakland County
Where are the new residents of Oakland County coming from? All over the country and places your probably wouldn’t expect. Our resident King of Useless information Buddy Kane, dropped some science on moving trends and here are the top 10 metro areas our new neighbors hail from and the number that moved to Oakland County in 2008 (Buddy is working on 2009): 1. Phoenix, Arizona 274 people, summers... [Read more]

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