Plymouth, MI

Hard to believe, but we're nearly done with the first quarter of 2009 and the Spring selling season is upon us.

The good news is home sales in 2009 continue to outpace 2008 levels in Southeast Michigan. February sales in Wayne County were up 18.4%, Oakland 12.3%, Livingston 27.9% with an overall increase across the MLS of 16.5%.

Another good piece of news is that the inventory of homes and condos is way down. Last Summer I had "Search over 70,000 homes..." on my website. Today when I checked the MLS, there were less than 50,000!

Average days on the market has also fallen. However, the market remains a challenging one for sellers, which helps explain why there are fewer homes on the market. A fascinating chart by Standard & Poor's graphically shows home prices nationally have dropped 26.7%. Many values in the Metro area are at pre-2000 levels.

Hopefully with increased demand and decreased inventory, our market will start stabilizing and begin recovery. Much of that depends on our local jobs picture, and hopefully Michigan's portion of the federal stimulus will provide a boost.

The upside is that with the recent cut, interest rates are at their lowest point in more than 35 years! However the mortgage process is a bit challenging right now with all the political scrutiny of banks. I recently had a situation where the lender went out of business 3 days before our closing date!

The $8,000 credit for first time buyers has helped stimulate a strong buyer's market. Bottomline, with historically low interest rates, there may never be a better time to buy or invest.

Plymouth Subdivisions

Here is a small sample of what some of Plymouth Townships newer subdivisions are like.

Plymouth Commons subdivision is actually 2 subdivisions. Plymouth Commons has approximately 133 homes in it. The homes were built during the years of 1991 - 2001. The lots are very large and there is a large commons area. The lots range from .69 -.94 acres.
The homes are mostly Colonial and Cape Cod style homes. Most of the homes have brick exteriors & brick/vinyl & brick/wood exteriors, 2 & 3 car garages, 3-5 bedrooms, 2.5 + bathrooms, basements (some walkout, some regular basements).

Square footage of the homes range from 3000 - 4600 square ft.

All of the above information is general information. We do not guarantee the information. This is to give a guide to the subdivision.

The school district is Plymouth Canton Schools

The location of the subdivision is between Powell Rd and North Territorial and between Ridge and Beck.

The streets that are in the Plymouth Commons subdivision are:

Howland Park Dr
Cooke Ave
Winslow Ct
Commons Blvd
Standish Ct
Belton Ct
Fuller Ct

Plymouth Commons Subdivision homes for sale as of 2/24/2009
Average time on the market 150 days
Avearage list price $464,000

The accuracy of the above information is not guaranteed or warranted. All information should be independently verified.

Indepth Plymouth Commons Subdivision Information Plymouth MI. I include square footage ranges of homes in the sub and the different home styles. Streets in Plymouth Commonsand exterior of the homes are all here for you to get a feel of the Subdivision and Plymouth. Also included are number of Bedrooms, number of bathrooms, and garage sizes. If I know, I also put down the name of the Plymouth home builder if I could find that out. I also try to include any Plymouth Commons homeowners association information.

Other Cities that are around Plymouth MI are Canton Twp, Livonia, and Northville MI. Plymouth MI is considered an affluent community located about 30 minutes from downtown Detroit in Western Wayne County MI.

If you need more information about Plymouth or Plymouth MI real estate feel free to call me on my cell phone (313) 310-9855 or email me at info@RussRavary.com

How to beat everybody else to the best Wayne County foreclosure listings. Join our VIP Foreclosure Club to beat others to the hot new Michigan foreclosures.

Search Plymouth MI homes for sale

Russ Ravary your Plymouth MI Realtor

Photos, Comp and Listing Information Courtesy of Realcomp II Ltd, Properties shown have been listed and sold by various MLS member REALTOR® agents.

Here are a few Irish Blessings for my friends and fellow Active Rainers. May today be safe and prosperous for you. May you enjoy the laughter and friendship of friends and family today.

May your blessing outnumber the shamrocks that grow, and

may trouble avoid you wherever you go.

May you always have walls for the winds,
a roof for the rain, tea beside the fire,
laughter to cheer you, those you love near you,
and all your heart might desire.

These things, I warmly wish for you-
Someone to love, some work to do,
A bit of o' sun, a bit o' cheer.
And a guardian angel always near.

May you have love that never ends,
lots of money, and lots of friends.
Health be yours, whatever you do,
and may God send many blessings to you!

Top of the morning to you, and the rest of the day to yourself!"

May the road rise to meet you,
May the wind be always at your back,
May the sun shine warm upon your face,
The rains fall soft upon your fields and,
Until we meet again,
May God hold you in the palm of His hand.

May you have a great St. Patricks Day. There are lots of great Irish bars and pubs throughout the Metro Detroit Area for great food and music today.

Baile Corcaigh(Corktown, Detroit) map
Cloverleaf Bar(Southgate)
Conor O'Neill's (Ann Arbor) map
Colleen's Irish Pub (St. Clair Shores) map
Cowley's Old Village Inn(Farmington) map
Chris McGurrin's(Hartland)
Dick O'Dow's (Birmingham) map
Dunleavy's Downriver (Allen Park)
Irish-American Club (Detroit)
Patrick O"Ryan's (Windsor)
Gus O'Connors(Novi)
Gus O'Connors (Rochester)
Irish Tavern (Waterford)
Kildare House (Windsor)
Maggie's Irish Pub (Detroit) map
Mangan's Irish Hut (Mt. Clemens) map
Murphy's Pub (Windsor) 519-945-5777)
O'Mara's (Berkley)
Patrick O'Ryan's (Windsor)
Sean O'Callaghan's (Plymouth)
Shanahan's ( Holiday Inn-Livonia)
Stout Irish Pub (Brighton)
The Blarney Pub (Toledo) map
The Claddagh Pub (Lansing)
The Claddagh Pub (Livonia)
The Fenian's Irish Pub(Conklin)
The Old Dublin (Taylor)
The Tipperary Pub (Detroit)

Russ Ravary

If you are a home buyer sometimes the best deal may not be a foreclosure. Right now in the Metro Detroit real estate market I am seeing some relocation homes at tremendous deals. One of my clients bought a 4000 square foot Plymouth home built in 2000 with granite counter tops for $385,000. Under a $100 a square foot for a home under ten years old!

But more importantly as a home buyer you really need to look at how much work is needed to bring a foreclosure up to par.

What would you buy? A Plymouth home ($200,000) that has an updated kitchen, updated windows, and new roof or a Plymouth foreclosure that has no updates for $170,000?

If the windows cost $7,000

the kitchen cost $25,000

the roof cost $8,000 what would you buy?

It would cost $40,000 to make the Plymouth foreclosure be as worth as much as the other Plymouth MI home. So the other Plymouth home that was updated would be the better bargain. So as a home buyer that is just one consideration to think about.

The other consideration is where would you get the money to do the updates? One of the things I would suggest you to do when looking at two different homes you like is to compare what one has and how much it would cost to be on par.

The bottom line is if you could afford both house payments the updated Plymouth MI home would be the best deal.

Russ Ravary your Plymouth MI realtor - feel free to call me with questions anytime

or Check out my Plymouth MI real estate blog

If you are looking at Plymouth MI homes for sale or Plymouth MI foreclosures here is a quick up date of what is going on in one of Plymouth subdivisions. This neighborhood update will give you an idea of what has sold, what's for sale and how long they have been on the market.

Plymouth is a great area to consider if you are relocating to Michigan from out of state.

Ridgewood Hills Subdivision homes for sale as of 3/4/2009
Average List Price $301,800
Average days on the market 183 days

Ridgewood Hills Subdivision sold homes in the last 6 months
Average time on the market to sell 85 days
Average sold price $237,833

In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in the Metro Detroit area with my Search Plymouth MI Homes for sale VIP club. Search listings for free and get the lastest bargain foreclosures emailed to you when they hit the martket.

Comp and listing information courtesy of RealComp II. Properties shown have been listed and sold by various MLS member REALTOR® agents