Birmingham, MI

Birmingham MI Statistics and Market Analysis Homes Sold January 2010

Active & Solds January 2010

Active & Solds December 2009

Active & Solds January 2009

February 1, 2009 – January 31, 2010

February 1, 2008– January 31, 2009

Birmingham Market Analysis compares only median sold price of residential homes sold in January 2010 with December 2009 & January 09; year ending January 09 with yr ending January 2010. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $15,000.

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Market Analysis for Birmingham December 2009

Market Analysis for Birmingham November 2009

Market Analysis for Birmingham October 2009

Market Analysis for Birmingham September 2009

Market Analysis for Birmingham August 2009

Market Analysis for Birmingham July 2009

Market Analysis for Birmingham June 2009

Market Analysis for Birmingham May 2009

Market Analysis for Birmingham April 2009

Market Analysis for Birmingham March 2009

Market Analysis for Birmingham February 2009

Birmingham Michigan January 2009 Market Analysis

Birmingham Realtor selling Oakland County Real Estate. TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan. Helping People in a challenging market by specializing in Short Sales. See what my clients have to say about my extraordinary customer service. Follow me on Twitter..

This adorable Birmingham home was on the market for two years without an offer.   Two weeks after staging with Stage-Show-Sell., LLC it had an offer.

The cape cod had a bedroom and sitting area on the upper level with a beautiful bathroom.

The entry level had a bedroom and a full bath.

These were also staged.

Tha basement was confusing because it didn't have a purpose to the buyers eyes.  The seller  used it for a media room and that wasn't selling the house esp. with it vacant.

Having the basement staged gave the buyers the option of knowing that it could be used for a bedroom.  Please note the exit window.  The basement could also be used as an office or media room

Birmingham MI homes for sale are on the increase. First-time homebuyers dominated the U.S. real estate market in 2009, accounting for roughly half of all residential homes for sale transactions, according to the National Association of REALTORS®.

The trend for homes for sale is likely to continue well into the new year. That’s because interest rates are hovering near all-time lows, home-price affordability is near all-time highs and a third factor – Congress’ extension of the first-time homebuyer tax credit until April 30, 2010 – make conditions quite favorable for those considering homeownership for the first time.

Still, with the prospect of making one of the largest investments you'll ever make in your life, you can easily become overwhelmed when searching homes for sale. Some of the questions you may be asking are: Will I be able to afford the home of my dreams? Do I have enough money for a down payment? Will I qualify for the tax credit? Will I make smart home buying decisions? If you go into the process prepared, your first purchase – like the current timing – can be just right.

Resources--Before starting out, educate yourself on the process. Attend a homebuyer seminar in your market, and check out myriad real estate resources online. Among those helpful online resources is prudentialrealestate.com, through which you can access homes for sale Don't hesitate to let him or her know that you are new to the process. Your real estate professional will expect you to have questions at each step, from house hunting to making an offer through closing.

The costs involved in the purchase of a home can seem overwhelming to first-time homebuyers. There are mortgage costs, the down payment, and closing costs to think about.

Affordability--By looking at your income and debt ratio, your sales professional can help you calculate how much you can afford each month in mortgage payments. But before determining your price range, you should also take into consideration other factors that will affect your monthly budget once you are a homeowner, such as property taxes, insurance, homeowner association dues, utilities and maintenance. And if your down payment is less than 20 percent of the cost of the home, you will be responsible for private mortgage insurance, more commonly referred to as PMI.

Mortgage payment--Fear of being rejected for a home loan is one of the main concerns for first-time homebuyers. To lessen the stress, you may want to get pre-approved for a loan before looking at prospective homes. This will not only help you feel more confident, it will also give you an advantage where there are multiple offers for a specific property. In addition, the fact that your loan has already been approved is of great value to the seller because it shortens the purchase process, and there is less of a chance that the buyer will back out of the sale. If you don’t have a specific mortgage lender in mind, ask your sales professional for a recommendation.

Tax credit--The first-time homebuyer tax credit, a key component of the American Recovery and Reinvestment Act of 2009, equates to as much as $8,000, or 10% of a principal residence’s purchase price, and is available to those who have not owned a principal residence in the past three years. You can use the tax credit to help purchase your home or help pay for its closing costs, or the credit can be used to remodel, refurnish and repair your property. See your tax advisor for details about the tax-credit program and how you may benefit.

Making offers--Don't feel pressured into making an offer on the first home you see. This is a common mistake of many first-time homebuyers. Make sure you view different homes for sale to get a feel for the marketplace. When you decide on a home to make a bid on, work with your real estate professional to get all of your questions answered before making an offer. But don't wait too long to make an offer. The longer you wait, the greater the chance other prospective buyers may place offers, making it harder for you to negotiate a good deal.

Above all, remember there are no silly questions. Make sure you understand and are comfortable with every aspect of the transaction. Your real estate professional can be an invaluable asset in helping you make educated decisions so that your first home purchase is a rewarding experience.

Home for sale Birmingham Mi- Near Downtown alert!! Historic property originally built in 1886 has been 100% restored with the highest quality and craftsmanship available. Situated on beautiful 1/3 acre lot within minutes of walking distance to downtown Birmingham, of all homes for sale available, this is truly an original.

You can search up and down and back and forth for homes for sale in any community, however when it comes down to it, there is no better address than Birmingham. 2 blocks from the world renowned Townsend Hotel, this home offers 6800 square feet of livability, with 4 huge bedroom, 5 fireplaces, and 1/2 baths.

Cherry floors and detailed moldings accent this home, along with a custom built kitchen with granite, subzero appliances and central air.

A wraparound porch is the perfect touch outside, and a carriage house is included adding an additional 750 square feet of unfinished space.

Birmingham Michigan is regarding as one of the "top 20 walkable communities" in the country. With numerous boutique shops, restaurants to fit any taste and 2 movie theaters, this upscale city is for the few and offers so much. Homes for sale differ from yard to yard, Yearlong activities are always planned, and the energy

For more information about Birmingham homes for sale, please visit here.

To request a private viewing for this gorgeous Birmingham home for sale, you can go here, and request a showing

Birmingham Mi Homes for sale alert!! Historic property originally built in 1886 has been 100% restored with the highest quality and craftsmanship available. Situated on beautiful 1/3 acre lot within minutes of walking distance to downtown Birmingham, of all homes for sale available, this is truly an original.

You can search up and down and back and forth for homes for sale in any community, however when it comes down to it, there is no better address than Birmingham. 2 blocks from the world renowned Townsend Hotel, this property offers 6800 square feet of livability, with 4 huge bedroom, 5 fireplaces, and 1/2 baths.

Cherry floors and detailed moldings accents this home, along with a custom built kitchen with granite, subzero appliances and central air.

A wraparound porch is the perfect touch outside, and a carriage house is included adding an additional 750 square feet of unfinished space.

Birmingham Michigan is regarded as one of the "top 20 walkable communities" in the country. With numerous boutique shops, restaurants to fit any taste and 2 movie theaters, this upscale city is for the few and offers so much. Homes for sale differ from yard to yard, Yearlong activities are always planned, and the energy is constant.

For more information about Birmingham homes for sale, please visit here.

To request a private viewing for this gorgeous Birmingham home for sale, you can go here, and request a showing