The number of recorded Sheriff’s Deed is slowing down. Only 36 Sheriff’s Deeds were recorded in March. This was the lowest number of recorded Sheriff’s deeds scored since the 30 recorded back in July of 2006 representing a significant downward trend. Comparing last March 2012 to March 2013 the recordings have dropped 28% and compared to last month they have dropped 23.4%.
Buyers have been purchasing homes quickly as inventory is reported “low”. Buyers want to take advantage of low interest rates being offered by banks and mortgage lenders.
Sellers, this is an excellent time to place your home on the market. Have you been thinking about selling your home? Call the Listing Experts at Kathy Toth and Team to get expert advice about pricing your home in this Spring market.
An updated table showing monthly recording for January 2002 through March, 2013 is presented below. This press release was prepared according to Lawrence Kestenbaum, Washtenaw County’s Clerk and Register of Deeds.
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