Real estate that is priced right, is moving quick. The most recent data suggest that the Plymouth/Canton real estate market is in balance, meaning that there are as many buyers as there are there are sellers. Bank owned foreclosures continue to move extremly fast. Here is the list of the best Bank Owned foreclosures for Plymouth Townishp Michigan.

Call the Petersen Team today to look at these, or any Plymouth, Canton area homes.

12898 WENDOVER DR 4 BR, 2.1 Baths, 2545 SF, $197,500

46671 STRATHMORE RD 4 BR / 3.1 Bath, 2418 SF, $199,000

8866 NORTHAMPTON DR 4 BR / 3.1 Bath, 2070 SF, $275,000

50460 FELLOWS HILL DR 4 BR/2.1 Bath, 3305 SF, $510,660

Home values in Northville & Northville Twp, Michigan continue to firm slightly, early this year. Home inventories continue to be low with only 166 homes on market. The main cause of the current low inventory is that Bank Owned (foreclosure) inventory continues to be slim. Banks have been slow to bring their homes to market after the delay caused by MERS lawsuits this past Fall. Expect Bank Owned homes to start to come to market this Spring, as banks attempt to clear up their inventory. This may cause home values to temporarily fall again.

Median Sale Prices

Zip City Sales YTD 2011 2012 % New Listings from 1 yr ago

48167 Northville & TWP 7 $70,000 $148,500 -55.00

48168 Northville 27 $382,263 $299,320 - 1.52

Home values in Canton, Michigan continue to firm slightly, early this year. Home inventories continue to be low with only 352 homes on market in both 48187 and 48188. The Bank Owned (foreclosure) inventory continues to be slim, as banks are slow to bring their homes to market after the delay caused by the MERS lawsuit this past fall. Expect Bank Owned homes to start to come to market this Spring, as banks attempt to clear up their inventory. This may cause home values to temporarily fall again.

Median Sale Prices

Zip City Sales YTD 2011 2012 % Change from 1 year ago

48187 CANTON 23 $135,000 $134,900 21.95

48188 CANTON 32 $125,000 $150,950 - 13.51

Here is the list of the top Bank Owned/Foreclosed real estate in Canton MI. Call the Petersen Team today to look at these, or any Canton, Plymouth area homes.

455 SYLVAN DR, 3 Bedroom/2.2 Bath $416,250

45413 GLENGARRY BLVD, 3 Bedroom/3 Bath $269,900

1002 MYSTIC CT, 4 Bedroom/2.1 Bath $259,900

1756 BROOKDALE DR, 3 Bedroom/3.1 Bath $233,900

152 N CORRINE BLVD, - 4 Bedroom/3 Bath, $169,500

4306 SHERWOOD CIR, - 4 Bedroom/2 Bath, $164, 900

Whether you are looking to update your exsisting home or purchase a new one soon, you may want to attend the FREE:

2012 Home Improvement Expo

• Free admission & parking and refreshments
• Live broadcasts from special guest stars
• Murray Gula, Host of "Your Home with Murray Gula" on 1130 WDFN
• Joe Gagnon "The Appliance Doctor" from 1600 WAAM
• How-to workshops on a variety topics
• Live wood carving demonstrations
• Hands-on children’s project center
• Multiple raffles throughout the weekend, including wood projects made by Canton Construction along with the Michigan Regional Council of Carpenters.
• Free Expo Advertisement Booklet available at a welcome station. The booklet is filled with vendor coupons, a map of the show, workshop schedules and several home improvement tips.
• All Expo attendees will also receive a free, reusable canvas bag.
• If you attended last year’s event and still have your bag, make sure you reuse it for this year’s event. The first 100 people to reuse last year’s bag will receive a free day pass to Canton’s Summit on the Park.