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 MARKET REPORT FOR MAY - HOMES
There were 61 single family homes that closed in May up from 55 in April. 40 of the 61 sales were bank owned homes. That's 65%, April saw 60% bank owned sales and March was a whopping 77%
MAY Statistics
Selling Price # of homes
ST. CLAIR SHORES MARKET REPORT FOR MAY - CONDOMINIUMS
The buyers market continues, which makes it a great time to purchase a home or condo in St. Clair Shores. As of June 4th, there are currently 481 single family homes for sale ranging in price from as low as $12,500 investor specials to lake front homes over 1 million. Of those homes on the market 11% or 55 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
Information deemed to be reliable but not guaranteed. Information taken from MiRealSource multiple listing service. Above sales were sold by agents and/or brokers. These statistics do not include for sale by owners. Selling prices did not include any sellers concessions. Rental properties were not included in stats.
I'm sure everyone has heard by now that General Motors ("GM") announced that it has filed for bankruptcy protection.
First, I want to let you know that GM's current situation has nothing to do with GMAC Real Estate The Kee Group. Since last November we have been owned by a new parent company, Brookfield Residential Property Services ("Brookfield RPS"), a division of Brookfield Asset Management ("BAM"). We are now part of a dynamic global organization that is known world-wide for its financial strength and stability. Brookfield RPS is a long-term player, deeply immersed in the real estate industry, and one of the largest real estate and relocation companies in the world. It is a contemporary, innovative company with a tremendous heritage. Through a number of related real estate operations, it has been a leading provider of services to the real estate industry since 1913. BAM is a global asset manager focused on property, power and infrastructure assets, with over $80 Billion USD of assets under management. What this means is we are strong, stable, focused and well-positioned for long-term growth and success.
Second, I want to assure you, as my valued client, that this will have no impact on you or on my ability to continue to provide you with the best Premier Service®.
I would also like to take this opportunity to thank you again for your business. I look forward to continuing our relationship and being of service to you in the future.
If you have any questions or comments, please feel free to contact me.
Sincerely,
Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652
St. Clair Shores Community Open House
Come and see what this fabulous waterfront community has to offer!
Tour open houses & learn all about the citys residents only waterfront parks, 2 city owned marinas, the St. Clair Shores golf course, schools, restaurants, shopping and more!
Don't forget about the First Time Buyers Tax Credit!
FEATURED LISTING - 21808 DOWNING
For more info on the St. Clair Shores Real Estate market, contact Mike Mitchell,REALTOR ®
Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652
THE 57th ANNUAL SAINT CLAIR SHORES MEMORIAL PARADE!
Sunday, May 24th starting at 1:00 p.m. The parade route is on Jefferson Avenue this year, from 9 mile road to 11 mile road.
This years theme: Memorial Day, the Sacrifice for Freedom
The Saint Clair Shores Memorial Parade is one of the best around, it is a great time to bring your family, friends and your lawn chairs and honor our veterans.
It's also a free event, in this troubling economy, many families are struggling. The parade is great entertainment for everyone!
Thank you to the St. Clair Shores parade council and all the volunteers who work so hard to make our parade a success for all to enjoy!
Have a Happy & Safe holiday weekend!
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 MARKET REPORT FOR APRIL - HOMES
There were 55 single family homes that closed in April up from 48 in March. 33 of the 55 sales were bank owned home. That's 60%, which while still a high number, but it's lower than March where 77% of the sales were bank owned.
Positive signs - The other good news is there were 10 homes that sold for between $100k and $200k and 1 for over $200k. Compared to March where there was only 1 home that sold for over $100k.
April Statistics
Selling Price # of homes
ST. CLAIR SHORES MARKET REPORT FOR APRIL - CONDOMINIUMS
One things for sure, this current buyers market makes it a great time to purchase a home or condo in St. Clair Shores. As of May 5th, there are currently 483 single family homes for sale ranging in price from as low as $18,000 investor specials to waterfront homes just over 1 million. Of those homes on the market 15% or 74 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
Information deemed to be reliable but not guaranteed. Information taken from MiRealSource multiple listing service. Above sales were sold by agents and/or brokers. These statistics do not include for sale by owners. Selling prices did not include any sellers concessions. Rental properties were not included in stats.
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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
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