Yes, it is official now. Yesterday President Obama signed the tax credit extension and expansion into law! Not only is this great news for first time buyers, but buyers who have lived in their existing homes for 5 out of the last 8 years will also be eligible for up to $6,500 tax credit. Click here for Tax Credit Comparison Chart.
Extension highlights
Expansion highlights
Details on the Tax Credit Extension / Expansion
Even more importantly included in this bill is that unemployment benefits are going to be extended for 20 weeks! With the high rate of unemployment in MI this is good news for many families.
For more info on the St. Clair Shores Real Estate market, contact Mike Mitchell,REALTOR ®
If you'd like to start looking for homes and take advantage of this buyers market in S.E. Michigan sign up for a free Listingbook account and search the mls on your own personal website! Absolutely FREE!
Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652
If you would like to know what your St. Clair Shores home is worth in today's market, give me a call to schedule an appointment for a free market analysis (cma). No pressure, no obligation
ST. CLAIR SHORES REAL ESTATE MARKET REPORT FOR OCTOBER - HOMES
There were 64 single family homes that closed in October. One positive thing that I noticed with the past month was bank owned homes made up only 31% of the sales! That is encouraging considering they made up 50 - 75% of the sales earlier in the year.
The official last day for the first time buyer tax credit is still November 30th. The last I heard, the extension for the tax credit has passed the senate but still had to be voted on by the house and signed by the president. Although it looks promising for an extension, anything could still happen.
Saint Clair Shores Real Estate Market Report ~ September, 2009
Saint Clair Shores Real Estate Market Report ~ August, 2009
Saint Clair Shores Real Estate Market Report ~ July,2009
Saint Clair Shores Real Estate Market Report ~ June,2009
October Statistics
Selling Price # of homes
ST. CLAIR SHORES MARKET REPORT FOR OCTOBER - CONDOMINIUMS
The buyers market continues, which makes it a great time to purchase a home or condo in St. Clair Shores. As of November 3rd, there are currently 336 single family homes for sale ranging in price from as low as $18,000 investor specials to lake front homes just over 1 million. Of those homes on the market 09% or 32 of them are bank owned. There are many homes to choose from, no matter what your price range, now is the time to take advantage of this market, prices will not remain this low forever.
Interest rates are at record lows and there are some great FHA loans available for those that need a lower down payment. In addition there is a 2009 tax credit up to $8,000 for First Time Buyers!
For more info on the St. Clair Shores Real Estate market, contact Mike Mitchell,REALTOR ®
If you'd like to start looking for homes and take advantage of this buyers market in S.E. Michigan sign up for a free Listingbook account and search the mls on your own personal website! Absolutely FREE!
Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652
39092 Rivercrest Harrison Township, MI
Great Opportunity - Listed at $209,900 subject to short sale approval
* 3 bedrooms
* 3 full baths
* 2266 square feet
* finished walk-out basement
2 Story Great Room with gas fireplace! Fabulous Kitchen with ceramic floor.
Oversized kitchen with dining area and doorwall to deck / balcony with fabulous view of your private backyard!
If you would like more information or to preview this fabulous home contact Mike Mitchell,REALTOR ®
Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652
Doesn't that sound good! It's that time of the year again, time to fall back and set your clocks back 1 hour on Sunday, November 1st.
So after a long night of trick or treating, or other Halloween festivities you get to gain an hours sleep the next day when daylight savings time ends.
This is also a great time to change the batteries in all of your smoke detectors!
If you are in the market to buy or sell real estate in St. Clair Shores or the surrounding Macomb County area, give me a call or email and I'd be happy to assist you. To start searching for homes for sale, sign up for a free Listingbook account.
Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652
photo credit Free Digital Photos
Have you ever heard:
PUT IT IN WRITING!
There's nothing wrong with hearing the above. In fact it's kind of good to hear isn't it? Wouldn't you rather hear positive things about your listing than negative? Sure who wouldn't. My point is I don't want you my seller, my client, getting too excited until I have a purchase agreement in front of me.
Verbal offers mean nothing in real estate. They are just that - verbal.
I've seen the above examples happen many times. Some even had me thinking we were getting an offer but until we have that p.a. in our hands, we do not have an offer. Believe me I want nothing more than to have an offer on your home. That's why you hired me, that's my job as your listing agent - to sell your home!
If you are in the market to buy or sell real estate in St. Clair Shores or the surrounding Macomb County area, give me a call or email and I'd be happy to assist you. To start searching for homes for sale, sign up for a free Listingbook account.
Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652
 |
|
|
A REALTOR® YOU CAN TRUST, THE PERSONAL SERVICE YOU DESERVE! I'm a Full time REALTOR® specializing in St. Clair Shores & all of Macomb County, as well as Harper Woods & the Grosse Pointes.
My name is Mike Mitchell, I am a full time REALTOR® with GMAC The Kee Group. I specialize in Macomb County Real Estate in MI. My goal is to provide you with the best possible service and to make your real estate transaction go as smooth as possible. The greatest compliment I can receive is a referral from a past client!
People often ask me, which I like doing better, working with sellers or working with buyers. The answer is both. Real Estate is my passion! I've worked with first time buyers, as well as seasoned buyers and sellers.
Mike Mitchell did an exceptional job finding us our home. It was our first time buying and we will definitely use him and GMAC in the future. Buying this house has been the best experience we have had in the six houses we have owned. Our agent did an excellent job! Mike was always available - He was very professional and courteous and more like a friend. We would like to thank Mike Mitchell of the GMAC The Kee Group for his professional service in helping to sell our uncles house. Even though, it took 16 months Mike always assured us it was a nice house and we just needed to find the right person. Mike took time to check the house for us from time to time as we were not from the area, he even helped us out by finding someone to cut the grass. We would like to recomend if you need a realator in the future please consider Mike. Mike, Just wanted to say thank you for getting the house sold. I will definitely recommend you to anyone who needs to buy or sell a house. Your attentiveness to detail and knowledge was extremely helpful through this process. You went out of your way to do all you could to help and made us feel as if we were the only customer you had at that time. We could not have done this without you. Thank you again and good luck, Cindy McCarty
- Jeff & Kelly
- Bill and Dolores
- Rita
- Mike & Dave B. - sellers
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.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
