The Ann Arbor Real Estate Market is once again down in the number of Reported Sheriff’s Deeds recorded for the 5th straight month. Year-to-Date we are down 25.85% comparing the first half of the year reports to last year. When we compare June 2011 to June 2012 sheriff’s deeds are down in Washtenaw County 17.95%. This is excellent news. And comparing just the Month of June over the past 11 years we would have to go all the way back to June of 2006 to find a lower number of reported sheriff’s deeds recorded in Washtenaw County. All good signs in the Ann Arbor Real Estate Market.
Buyers will start to notice fewer and fewer Bank Owned properties coming on the market in months ahead with these leading indicators in the Ann Arbor Real Estate Market. While interest rates are still at all time lows there is no better time to purchase your new home. To search for all listed properties just check out HomeSearchAnnArbor.com. Don’t sit on the fence in this market, why rent when you can own.
Sellers – the market is hot right now. Many properties are receiving multiple offers. If you are interested in knowing what your home is worth just contact us for your personal comparative market analysis (CMA). To get your Ann Arbor Area Market Stats for Ann Arbor, Chelsea, Dexter and Saline click the brochure to the right and have the report emailed directly to your inbox. Want to know WHAT IS MY HOME WORTH?
An updated table showing monthly Sheriff’s Deeds recorded for January 2002 through June, 2012 is presented below.
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