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Michigan Home Sales Flat in April, Home Prices Improve
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Michigan Home Sales Flat in April, Home Prices Improve
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Michigan Home Sales Flat in April, Home Prices Improve

June 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums were flat from March to April in Michigan but remained above year ago levels while home prices continued to improve according to the latest housing data from the Michigan Association of Realtors® (MAR).

An estimated total of 10,136 existing single-family homes and condos were sold in the Great Lakes State in April. That was 0.7 percent higher than the 10,065 homes sold in March and 3.5 percent higher than the 9,797 homes sold in April 2011.

The average sales price for an existing home in Michigan increased by 8.9 percent in April to $104,058, up from $95,595 in March, and was 9.7 percent higher than the median price of $94,837 in April of last year.

Of the 41 locals/counties that provide data for the monthly report, twenty-nine reported gains in home sales or were unchanged over the previous year with Huron (+160.0%), Sanilac (+80.0%), Branch (+64.3%), Hillsdale (+63.6%) and Emmet (+46.4%) reporting the largest increases.

Shiawassee (-52.7%), Battle Creek (-26.2%), Detroit (-22.2%), Saginaw (-21.1%) and Paul Bunyan (-11.6%) posted the largest declines in annual sales.

Oakland County recorded the most sales for the month with an estimated 1,448 home sales, up from 1,437 the previous month, while Greater Wayne County followed with an estimated 1,291 home sales for the month, down slightly from 1,296 in March.

Year-over-year, twenty-nine locals/counties posted an increase in their average prices led by Lenawee (+51.0%), St. Clair (+39.3%), Lapeer (+37.8%), Traverse Area (+36.5%) and Water Wonderland (+33.2%).

Huron (-24.1%), St. Joseph (-19.3%), Shiawassee (-16.4%), Tuscola (-15.7%), and Greater Lansing (-14.5%) posted the largest declines in year-over-year average home prices.

Tags: existing homes, condos, sales, median home prices, Michigan

Source:
MAR

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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BUYING OR SELLING A HOME IS A BIG DECISION
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Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

June 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums were flat from March to April in Michigan but remained above year ago levels while home prices continued to improve according to the latest housing data from the Michigan Association of Realtors® (MAR).

An estimated total of 10,136 existing single-family homes and condos were sold in the Great Lakes State in April. That was 0.7 percent higher than the 10,065 homes sold in March and 3.5 percent higher than the 9,797 homes sold in April 2011.

The average sales price for an existing home in Michigan increased by 8.9 percent in April to $104,058, up from $95,595 in March, and was 9.7 percent higher than the median price of $94,837 in April of last year.

Of the 41 locals/counties that provide data for the monthly report, twenty-nine reported gains in home sales or were unchanged over the previous year with Huron (+160.0%), Sanilac (+80.0%), Branch (+64.3%), Hillsdale (+63.6%) and Emmet (+46.4%) reporting the largest increases.

Shiawassee (-52.7%), Battle Creek (-26.2%), Detroit (-22.2%), Saginaw (-21.1%) and Paul Bunyan (-11.6%) posted the largest declines in annual sales.

Oakland County recorded the most sales for the month with an estimated 1,448 home sales, up from 1,437 the previous month, while Greater Wayne County followed with an estimated 1,291 home sales for the month, down slightly from 1,296 in March.

Year-over-year, twenty-nine locals/counties posted an increase in their average prices led by Lenawee (+51.0%), St. Clair (+39.3%), Lapeer (+37.8%), Traverse Area (+36.5%) and Water Wonderland (+33.2%).

Huron (-24.1%), St. Joseph (-19.3%), Shiawassee (-16.4%), Tuscola (-15.7%), and Greater Lansing (-14.5%) posted the largest declines in year-over-year average home prices.

Tags: existing homes, condos, sales, median home prices, Michigan

Source:
MAR

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

June 8, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums were flat from March to April in Michigan but remained above year ago levels while home prices continued to improve according to the latest housing data from the Michigan Association of Realtors® (MAR).

An estimated total of 10,136 existing single-family homes and condos were sold in the Great Lakes State in April. That was 0.7 percent higher than the 10,065 homes sold in March and 3.5 percent higher than the 9,797 homes sold in April 2011.

The average sales price for an existing home in Michigan increased by 8.9 percent in April to $104,058, up from $95,595 in March, and was 9.7 percent higher than the median price of $94,837 in April of last year.

Of the 41 locals/counties that provide data for the monthly report, twenty-nine reported gains in home sales or were unchanged over the previous year with Huron (+160.0%), Sanilac (+80.0%), Branch (+64.3%), Hillsdale (+63.6%) and Emmet (+46.4%) reporting the largest increases.

Shiawassee (-52.7%), Battle Creek (-26.2%), Detroit (-22.2%), Saginaw (-21.1%) and Paul Bunyan (-11.6%) posted the largest declines in annual sales.

Oakland County recorded the most sales for the month with an estimated 1,448 home sales, up from 1,437 the previous month, while Greater Wayne County followed with an estimated 1,291 home sales for the month, down slightly from 1,296 in March.

Year-over-year, twenty-nine locals/counties posted an increase in their average prices led by Lenawee (+51.0%), St. Clair (+39.3%), Lapeer (+37.8%), Traverse Area (+36.5%) and Water Wonderland (+33.2%).

Huron (-24.1%), St. Joseph (-19.3%), Shiawassee (-16.4%), Tuscola (-15.7%), and Greater Lansing (-14.5%) posted the largest declines in year-over-year average home prices.

Tags: existing homes, condos, sales, median home prices, Michigan

Source:
MAR

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS