Kathy Toth & Team, Keller Williams Realty Ann Arbor Market Center, Ann Arbor, MI 734.426.6669
Washtenaw County Recorded Sheriff’s Deeds are down 27.8 percent compared to the same time last year. The monthly foreclosure totals are very reflective of the year 2006. This is excellent news with only 4 more months yet to be revealed in 2012. There were a total of 571 Sheriff’s Deeds recorded of the 8 months in 2012 compared to 791 for the same time frame in 2011 and we have not had a lower total comparing the same time frames since 2006 which had a total of 411 Sheriff’s Deeds recorded. Comparing only August of 2011 to August of 2012 we are down 39.6% from last year.
An updated table showing monthly recording for January 2002 through August, 2012 is presented below.
Market inventory is still low in Ann Arbor, Michigan and throughout the entire Washtenaw County area. Now, makes for a great time to list your home because buyers are eager to purchase the inventory. Never a better time for Buyers – So Why Rent When You Can Own especially with interest rates at an all-time low.
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Look at where the forclosures are located.
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