Average Sales Price Up in Ann Arbor Area Real Estate

Ann Arbor Area Board of REALTORS Market Report is showing signs of strong improvement in the sale of Vacant Land.  As you can see in the chart below 2012 year-to-date totals for Vacant Land Sales have more than Doubledcompared to year-to-date totals in 2011. Excellent news for builders as we look for new construction to emerge.

For residential homes,  average sale price this year to date compared to last year is up .08 percent and

average sales price this month 2012 compared to this month in 2011 is up .2.28percent.

Another great indicator that the real estate market is stabilizing and showing signs of improvement is that the average sales price is up 23.6 %.  The increase in average sale price is do in part to low inventory.  Buyers are moving quickly to secure their new homes.  Excellent time to list your home as buyers are really on the move.

 

To view the entire Ann Arbor Board of REALTORS April report see below.

 Click here to search all Ann Arbor area Michigan homes and condos with pictures and tours – FREE!

Kathy Toth and Team www.KathyToth.com Ann Arbor Market Center Keller Williams Realty

Questions and Answers to Repaying the Credit for First-Time Homebuyers


Information for Sellers who purchased a home in 2008-2011 and received the First Time Home Buyer Tax Credit.

Below are two links directing you to the IRS web site that provides information regarding repayment requirements for the credit and the form the IRS requires your seller to fill out.

http://www.irs.gov/newsroom/article/0,,id=253009,00.html

http://www.irs.gov/pub/irs-prior/f5405–2011.pdf

 If your home was purchased in 2008, all remaining annual installments become due on the return for the year of sale. The repayment is limited to the amount of gain on the sale, if the home is sold to an unrelated taxpayer. If there is no gain or if there is a loss on the sale, the remaining annual installments may be reduced or even eliminated. If the home is sold to a related person, the total amount of the credit must be repaid. Taxpayers may want to consult a tax professional to determine the tax consequences of a sale.

If your home was purchased in 2009 or later, and your home stops being your main home within 36 months from your date of purchase, you may need to repay all or part of the credit. The repayment of your credit is an increase to tax on your tax return for the year the home stops being your main home.

The highlights above were provided by the Ann Arbor Area Board of REALTORS

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Click here to search all Ann Arbor area Michigan homes and condos with pictures and tours – FREE!

Kathy Toth and Team www.KathyToth.com Ann Arbor Market Center Keller Williams Realty

Ann Arbor Real Estate: 11324 Riverbank Lane, Pinckney, MI 48169

11324 Riverbank Lane, Pinckney

Bedrooms: 3          Bathrooms: 1          Square Feet: 1000

SPECTACULAR PANORAMIC WATER VIEWS FROM THIS FABULOUS HOME ON HILAND LAKE.THERE IS A FULL WATERFRONT VIEW FROM EVERY LIVABLE ROOM IN THE HOUSE. THE OLD-FASHION KITCHEN IS SPACIOUS. UPSTAIRS THERE ARE 3 BEDROMS, AND A STUDY LOFT. THIS HOME HAS A BEAUTIFUL CARRIAGE STYLE 1.5 CAR ATTACHED GARAGE. HOME IS MOVE IN READY AND HAS BEEN WELL MAINTAINED. 1.4 ACRE WATERFRONT LOT W/ 189 FT OF WATER FRONTAGE. DON’T MISS THIS OPPORTUNITY!

Related Links

See Extra Photos and a Virtual Tour for 11324 Riverbank Lane
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Additional ANN ARBOR AREA REAL ESTATE Listings

5924 Bedford Place
5974 Raintree Court


Kathy Toth and Team www.KathyToth.com Ann Arbor Market Center Keller Williams Realty

Ann Arbor Real Estate: 5924 Bedford Place Ann Arbor, MI 48105

5924 Bedford Place, Ann Arbor

5924 Bedford Place Ann Arbor, MI5924 Bedford Place Ann Arbor, MI

Bedrooms: 4          Bathrooms: 2.1          Square Feet: 2252

Close-in for Easy Commute. Just 15 minutes away from Downtown Ann Arbor. Beautiful Colonial at the end of a private cul-de-sac with 2.82 acres treed site. Efficient floor plan with 2,252 square feet of comfortable living space. Entry level has ten foot ceilings that makes every room feel even more spacious. This family room was designed to be the heart of the house, providing an inviting environment for everyone to enjoy. With plenty of space for large gatherings, and is shared with a wood burning fireplace. The kitchen features plenty of counter space and an eating area. The formal dining room is large enough for the extended family during the holidays and adjoins both the kitchen and family room. Upstairs features three large bedrooms and a master suite complete with walk-in closet and spa tub. You will also enjoy the convenience of the second floor laundry room where 90% of your laundry originates from. This homes park-like grounds with many perennial flower beds and trees provides a woodsy and private feeling. Come, take some time out, to visit this wonderful Ann Arbor Real Estate.

Related Links

See Extra Photos and a Virtual Tour for 5924 Bedford Place
Please visit our website for a complimentary MLS search

Additional ANN ARBOR AREA REAL ESTATE Listings

Kathy Toth and Team
www.KathyToth.com

Ann Arbor Market Center
Keller Williams Realty

Ann Arbor Area Real Estate: 5974 Raintree Court, Ypsilanti, MI 48197

5974 Raintree Court, Ypsilanti 48197

Bedrooms: 3
Bathrooms: 2
Square Feet: 1,870

Perfect starter home with over 1800 square feet on a great cul-de-sac location! The large, roomy kitchen has plenty of cupboard space and opens into the eating area and large family room with a wood burning fireplace. This space also opens onto an outdoor deck with a gazebo canopy that offers a cool retreat. The open floor plan means there’s plenty of room for large gatherings and parties. Need a good night’s sleep? All the bedrooms are tucked away in the back of the house for plenty of peace and quiet. All the bedrooms feature lots of closet and storage space. The downstairs family room and study offers the second wood burning fireplace. Set up your entertainment center and gather the kids for movie nights, or just read in front of the fire. The backyard is completely fenced and comes with a patio, terraced garden area and volley ball net moorings. Take the party outdoors! Gather around the backyard fire pit for summer evenings under the stars. All amenities are just minutes away: schools, parks, shopping library. Great opportunity to own your own piece of Ann Arbor Area real estate!

Related Links

See Extra Photos and a Virtual Tour for 5974 Raintree Court
Please visit our website for a complimentary MLS search

Additional ANN ARBOR AREA REAL ESTATE Listings

Kathy Toth and Team  www.KathyToth.com  Ann Arbor Market Center  Keller Williams Realty

The Dexter Mill in Dexter, Michigan – Great Service and Friendly Atmosphere

What would the Dexter Opera House and the Dexter Mill have in common?  The Dexter Opera House was the first meeting place for the original ‘start-up’ of the Dexter Agricultural Association.  They opened their doors on January 1, 1920.  Most of us know this location today as the Dexter Mill on Central Street in Dexter, Michigan.

Over the years the Dexter Mill has evolved with different names starting with the Dexter Agricultural Association; then the Dexter Co-Op Company; to the Washtenaw Farm and Garden Center and finally in 1979 the name changed to what we recognize now as the Dexter Mill.

Of course, the inventory has changed over the 92 years of operation, but the service has remained the same friendly service Dexter residents have known for generations.  Yes, even livestock was sold in the early days as well as lumber and even kitchen cabinets and plumbing supplies. Today they offer a tremendous variety of feed, grain, organic fertilizers and animal supplies.  They specialize in selling farm and garden supplies, grains, plants, gardening tools, pet supplies, and a sundry of fascinating bird feeders and even top of the line rabbit hutches.  Need a rake, hoe, shovel, salt lick, or a special brush for your precious pet – the Dexter Mill is the place to go.  When thinking of a perfect Mother’s Day or Father’s Day Gift – Don’t think twice, stop in at the Dexter Mill and you will find the perfect gift.

The Dexter Mill, today, just as in the past, is one of my favorite places to shop.  Every time I go into the store it is like getting an education.  I have learned how to prune shrubs, plant flowers and vegetable plants.  You, too, can educate yourself in the store as to what type of birdseed to buy that will entice your favorite birds right into your own backyard.  You can also browse through the special pet care locations throughout the store. All the employees are so helpful and knowledgeable in answering questions you may have, so don’t hesitate to ask.  Pictured is our Oriole feeder which attracted a male and female so we are watching the grape jelly disappaer and they fly in and make their unique sounds and display that glorious orange color!

Check out the Dexter Mill http://www.dextermill.com/

To search for homes – www.HomeSearchAnnarbor.com

Check out our Short Sale Book for Free – http://KathyToth.com/short_sale_book

www.AnnArborTalks.com – Market Trends and GO BLUE

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Ann Arbor Real Estate: 9770 Beverly Street, Pinckney Schools

9770 Beverly Street, Pinckney

Bedrooms: 4          Bathrooms: 3.5          Square Feet: 2,572

Pristine Canal Waterfront Home! From enjoying a view of the sunrise on the master bedroom balcony to lounging around on the deck off the dining room this home has a wonderful charm. The kitchen is immaculate, with easy-to-clean Corian counter tops and beautiful hardwood floor. The open floor plan of the living room gives you the flexibility to design the room of your dreams. The family room opens onto a patio and has a gorgeous field stone fireplace that was designed to be the heart of the home, providing an inviting environment for everyone to enjoy. This home has a huge mudroom and work area along with a full bath that is perfectly set up for the gardener or handyman living at home. Keep your boat safe and dry in the covered boat storage well that comes equipped with an electric.  This beautiful Ann Arbor Real Estate won’t stay on the market long.

Related Links

See Extra Photos for 9770 Beverly Street
Please visit our website for a complimentary MLS search

Additional ANN ARBOR AREA REAL ESTATE Listings

Kathy Toth and Team
www.KathyToth.com

Ann Arbor Market Center
Keller Williams Realty

Washtenaw County Sheriff’s Sales Down in Ann Arbor and Surrounding Area

Incredible news –  for the  3rd month in a row we have had a drop in the number of recorded Sheriff Deeds in Washtenaw County.  April 2011 compared to this year April 2012 we are down 36.5%.  Yearly totals for the 1st 4 months of 2011 compared to the 1st 4 months of 2012 we are down 28.64% from last year.  2012 is certainly showing improved signs of stabilization with a total of 122 fewer recorded sheriff’s deeds compared to last year at this time.

Sellers – it is time to list your home.  Property inventory is down and buyers are writing offers.  Very important to price your home to sell at a competitive price point to attract buyers.  Keep in mind that the sale of your home will also depend on an appraisal.

Looking for foreclosure deals?

Buyers – keep up with new and current listings.  Use our free property search at HomeSearchAnnArbor.com.  Have new listings sent directly to your inbox.  You can determine your own search criteria.

The chart below has been provided by Washtenaw County Clerk and Register of Deeds.

Use our detailed  home search engine to  Search homes in Ann Arbor and the surrounding area.

Kathy Toth and Team |  Keller Williams Realty  |  734.669.0337

Dexter Community Events, Activities and Information

Take a look at what’s happening in Dexter, Michigan during the month of May! Click here for your Dexter Real Estate Search.

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05/01/2012

VILLAGE OF DEXTER – ARTS, CULTURE & HERITAGE COMMITTEE

Occurs the First Tuesday of every 1 month starting 5/5/2009 until 8/1/2017 from 7:00 PM to 9:00 PM

Senior Center
7720 Dexter-Ann Arbor St.
Dexter, MI 48130

Hours: 7:00PM – 9:00PM

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05/12/2012

VILLAGE OF DEXTER – DEXTER GARDEN CLUB ANNUAL PLANT SALE

Gazebo
8030 Main Street
Dexter, MI 48130

Hours: 7:00AM – 2:30PM

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05/14/2012

VILLAGE OF DEXTER – VILLAGE COUNCIL

Occurs the Second Monday of every month starting 2/14/2011 until 1/14/2013 from 7:30 PM

Senior Center
7720 Dexter-Ann Arbor St.
Dexter, MI 48130

Hours: 7:30PM

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05/15/2012

VILLAGE OF DEXTER – TREE BOARD MEETING

Occurs the Third Tuesday of every month starting 3/15/2011 until 2/17/2015 from 9:00 AM to 10:00 AM

Village Offices
8123 Main St.
Dexter, MI 48130

Hours: 9:00AM – 10:00AM
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05/15/2012

VILLAGE OF DEXTER – PARKS AND RECREATION COMMISSION REGULAR MEETING

Occurs the Third Tuesday of every 1 month starting 3/15/2011 until 2/17/2015 from 7:00 PM to 9:00 PM

Village Offices
8123 Main St.
Dexter, MI 48130

Hours: 7:00PM – 9:00PM
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05/19/2012 – 05/20/2012

VILLAGE OF DEXTER – RELAY FOR LIFE

This event starts on Saturday 5/19/12 at 7 am and ends on Sunday at 12:00 noon. A 24 hour team based event that brings the community together to fight back against Breast Cancer. This event is sponsored by the American Cancer Society. Central Street will be closed from Main to Fifth Street.

Monument Park
8030 Main Street
Dexter, MI 48130

Hours: Saturday at 7:00AM – Sunday at 12:00PM

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05/19/2012

VILLAGE OF DEXTER – BIRTHDAY PARTY

Community Park
3575 Ryan Drive
Dexter, MI 48130

Hours: 3:00PM – 5:00PM

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05/28/2012

VILLAGE OF DEXTER – VILLAGE COUNCIL

Occurs the Fourth Monday of every month starting 1/24/2011 until 1/28/2013 from 7:30 PM

Senior Center
7720 Dexter-Ann Arbor St.
Dexter, MI 48130

Hours: 7:30PM

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Click here to view a calendar which features all of the Events and Activities occurring in the Village of Dexter!

Click Here to view community events in Ann Arbor for May!

Related Links
Dexter Real Estate

Click here to search all Ann Arbor area Michigan homes
and condos with pictures and tours – FREE!

Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty

Ann Arbor Real Estate: 140 Ridgeview Court, Grass Lake Schools

140 Ridgeview Court, Grass Lake

Bedrooms: 3          Bathrooms: 1.1          Square Feet: 1,150

Short Sale subject to bank approval. This well designed ranch can easily double in square footage if the partially finished lower level walkout is finished. Lower level is also plumbed for a full bath. Small is beautiful in this kitchen, which uses every inch of space to the fullest. The design blends the kitchen into the adjoining great room area, providing a seamless flow for day-to-day activities and entertaining. The heart of the home is the great room with gas fireplace, which offers plenty of space for family and friends.  Don’t miss the opportunity to own this attractive Ann Arbor Real Estate.

Related Links

See Extra Photos for 140 Ridgeview Court
Please visit our website for a complimentary MLS search

Additional ANN ARBOR AREA REAL ESTATE Listings

Kathy Toth and Team
www.KathyToth.com

Ann Arbor Market Center
Keller Williams Realty