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Ortonville Michigan Steals!
Normally I try to check new listings, price reductions, back on the market listings, etc on a daily basis, but I have to admit that today was the first time in almost 3 weeks I checked my updates for Ortonville MI (Brandon Township). Maybe because the list was longer than when I check every day or two, I was amazed at the amount of great deals that have recently hit the market.
$135K can get you a bank owned new construction brick ranch with a garage and basement- complete with appliances.
$134K gets you a 2000 sq ft all sports lake front on 1/2 acre, built in 1997.
For only $126K you can buy a totally updated 3 bedroom ranch on 5 acres. Not a huge house and it doesn't appear to be anything special- a basic ranch with a garage and basement on 5 acres.
$600,000 gets you a 3600 sq. ft. contemporary with over 500 ft. of all sports lake frontage, 7 acres and horses allowed. Who would have dreamed of being able to have your horse property AND lake property all in one for that price just 5 or 6 years ago?
I saw a 2 year old home with granite counters- photos showed like a model. $160K.
1900 sq. ft. house on 2 acres backing to 5500 acres of state land and a view of a 40 acre lake. House was updated and features granite counters, stainless steel appliances. Basement, garage and pole barn. $140,000.
There were a handful of homes on 2-5 acres that appeared to be in very good condition for under $150,000.
Admittedly the inventory is still low and the houses I wrote about above aren't the norm. The point is, if you have a diligent agent who checks for new listings (and price reductions) on a regular basis, there are great deals to be found. I have a sale pending right now that I sent to my buyer client the day it hit the market and we were able to look at it and make an offer before we got into a multiple offer situation. I wrote an offer last night for another buyer client of mine who I sent a listing to the day it reduced into her price range. And hopefully our offer will be accepted before other offers come in.
Jackie Hawley
Keller Williams Realty
cell: (248)736-6407
email: Jackie@JackieHawley.com
Buyer Expectations- Price and Condition
Buying a Short Sale- It May Not be The Best Option for You
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Real Estate Communities we review on a monthly basis are:
Brandon, Clarkston, Waterford, Lake Orion, Oxford, Grand Blanc, and Holly.
Various Community Reports can be viewed at "The Pearson Group Website"
Absorption Rate is a method we use to determine the supply and demand for housing.
We determine the number of listings on the market within particular price brackets. We then view how many houses have sold or pended in the past three months and calculate the average per month. The number of active listings is then divided by the average sales per month to identify how many months inventory is available.
Sellers Market - Less than 6 Months Inventory
Buyers Market - More than 6 Months Inventory
Balanced Market - 6 Months Inventory
All information included in the following graph is generated from Realcomp Inc, an area Multiple Listing Service serving Southeastern Michigan. Note that no private sales would be included in this report. All information is deemed accurate but not guaranteed.
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Monthly Absorption Rate Graph for Brandon
Real Estate Communities we review on a monthly basis are:
Brandon, Clarkston, Waterford, Lake Orion, Oxford, Grand Blanc, and Holly.
Absorption Rate is a method we use to determine the supply and demand for housing.
We determine the number of listings on the market within particular price brackets. We then view how many houses have sold or pended in the past three months and calculate the average per month. The number of active listings is then divided by the average sales per month to identify how many months inventory is available.
Sellers Market - Less than 6 Months Inventory
Buyers Market - More than 6 Months Inventory
Balanced Market - 6 Months Inventory
All information included in the following graph is generated from Realcomp Inc, an area Multiple Listing Service serving Southeastern Michigan. Note that no private sales would be included in this report. All information is deemed accurate but not guaranteed.

Robin Cutler and Kay Pearson ~ Clarkston, Michigan Real Estate
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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