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Debra Drummond | MichiganMoves Real Estate in SE Michigan

21112 Lujon Open Sunday, April 27th

http://www.wwocar.com/img/bigopenhouse_web.jpgFarmington Hills - We invite everyone to visit our open house at 21112 Lujon this Sunday, April 27th from 1:00 PM to 4:00 PM. Conveniently located just north off 8 Mile in popular Meadowbrook Hills, this home offers over 3,000 square feet of living space on nearly .75 acres of property.

This is just one of hundreds of homes being held open during The Big Open House. The event promises to be the biggest open house day in Michigan history.

Property information

1177 Penniman Open This Sunday

http://www.wwocar.com/img/bigopenhouse_web.jpgDowntown, Plymouth - We invite everyone to visit our open house at 1177 Penniman this Sunday, April 27th from 1:00 PM to 4:00 PM. Located just two blocks west of Main Street in Downtown Plymouth, this home has been beautifully renovated.

This is just one of hundreds of homes being held open during The Big Open House. The event promises to be the biggest open house day in Michigan history.

Property information

Homeowners Catch A Break, Part 1

Although the Sunday, April 13th edition of the Detroit Free Press highlighted the high levels of home inventories in the area, the rates of foreclosures have decreased. We've definitely noticed an increase in activity over last year and there continues to be lots of good deals for both first time buyers and move-up buyers, so we're looking forward to a strong Spring selling season.

A couple of pieces of important legislation have been passed by the Michigan State Legislature recently to ease the homeowner burden during this challenging market. These include:

  1. A 33-month 'pop-up' tax moratorium making it more economical to make a move, and a
  2. Conditional recission of homestead exemption for those sellers who own and are living in a second property who still haven't sold their original property
Additionally Attorney General Mike Cox clarified an exemption to the state transfer tax enabling home sellers to request a refund of state transfer taxes paid during a sale if certain requirements are met.

Be sure to take advantage of any of these changes if they apply to you!

Join The MichiganMoves.com Team As We Relay For Life

Join The MichiganMoves.com's Relay Team

The MichiganMoves.com Team has signed up to participate in the American Cancer Society's Relay For Life® this year and we'd love for you to join and support us!

Also, if you know the Names & addresses of local survivors, please email Debra so she can submit them and they will receive a special invitation to the Survivor's Lap & Luncheon.

We're looking forward to a lot of fun and commraderie with a great team while we raise money for a cause that impacts so many people's lives.

Visit our team website for more information. Then please join us in supporting the American Cancer Society in honor or in memory of your loved ones.

February Posts Increased Home Sales

House soldDid you see the headlines in the Business section of the Detroit Free Press this morning?

Feb. home sales leap 12.8%

Citing statistics from Realcomp, our local real estate MLS, 3,591 homes and condos in the Detroit Metro area were sold in February 2008 versus 3,184 in February 2007.

President Karen Kage acknowledged with prices being "down as much as 15% in some areas and interest rates stabilizing, buyers are beginning to step forward."

On the local front (according to my rough estimate), sales of homes & condos in Northville were up 26% to 24 from 19 over February 2007 while in Plymouth they were up 12% to 19 from 17. This is in addition to the strong leasing market out there right now. Definitely a trend in the right direction.

A quote by Kage ends the article by saying "If you are a first-time buyer, I have never in my 30 years in the business seen a better time to buy." Let's hope that bodes well for our upcoming Spring market!