Scott Petersen - Canton - Plymouth - Real Estate

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  • Market Update for Metro Detroit

    O.K., are you ready for some good news for real estate in the Canton, Plymouth, Northville, and the Livonia area? October 2011 sales data from the local Multi-List Service was just released and there is good news. The market continues to strengthen. The long painful decline has taken a break for most markets in the Metro Detroit area. However, ...
    Posted to Scott Petersen (Weblog) by 505522 on November 22, 2011
  • Market Update: Pheasant View, Canton MI

    Pheasant View, Canton MI AddressSFStyleYr BltBR/BTHS$DOM/CLSD$/SFOn Market       1465 CROWNDALE LN2653Colonial19964/2.5249,000293.86        Closed Sales       46512 OVERHILL LN3229Colonial19964/2.5250,0008/31/201077.432024 STONEBRIDGE ...
    Posted to Scott Petersen (Weblog) by 505522 on December 7, 2010
  • Glengarry Canton MI Update

    Glengarry in Canton Township MI is a single family sub that was developed by Pulte from 1991 - 1996.   Year to date there have been 17 homes sold. The sale prices have ranged from 219,000 - 290,000, with an average sale price of $263,082 with an average days on market of 42 days. Sales in Glengarry over the past 2 ...
    Posted to Scott Petersen (Weblog) by 505522 on November 18, 2010
  • October 2010 YTD Sales Data

    Realcomp MLS has release the sales data statistics for the month for Metro Detroit. If you find stats and numbers interesting this may be of interest to you.  The official analysis release states: MEDIAN SALES PRICE CONTINUES CLIMB WHILE ONMARKET INVENTORY LEVELS DECREASE FURTHERPRICES BUOYED BY HIGH NONFORECLOSURE ...
    Posted to Scott Petersen (Weblog) by 505522 on October 27, 2010
  • Cash is King!??

    I can tell within about 60 seconds of speaking to a Buyer, whether they have been listening to Real Estate investing gurus or watching TV news articles about how to buy foreclosed properties cheaply. Usually the "educated" buyer will begin using the phrases, "I have cash and cash is king", "banks want to move these ...
    Posted to Scott Petersen (Weblog) by 505522 on September 22, 2010
  • Unwilling Landlords

    Many Sellers are becoming unwilling Landlords and renting their homes because the home does not sell for what they owe or what they are convinced they need to get. I have been a willing Landlord for over 13 years and have learned a few things about being a Landlord.  If you find yourself in a situation where you need to rent your home, here ...
    Posted to Scott Petersen (Weblog) by 505522 on August 30, 2010
  • Are we there yet?

    When I am traveling with my children, the phrase "Are We There Yet" is muttered several times during the trip. This question is asked, just as it has been obligingly asked for hundred maybe thousands of years. However, now I am hearing it from my clients, "Are We There Yet?" Are we at the bottom of the market yet? From my ...
    Posted to Scott Petersen (Weblog) by 505522 on August 5, 2008
  • Homes Are Selling!

    Contrary to what many people are thinking, homes are selling! Now, many are Bank Owned and REAL DEALS. But, homes are selling. In fact it was reported by the AP today that "Pending home sales unexpectedly increased in April to the highest reading since October, an industry group said Monday, but they remain more than 13 percent below a year ...
    Posted to Scott Petersen (Weblog) by 505522 on June 9, 2008
  • Get Creative

    When you think of the word creative, real estate is probable not the first thing that comes to mind. However, creativity is a big part of real esate, especially today! I am finding the smart buyers and sellers of real estate today are finding creative ways to buy and sell their homes. Here are some of the creative ideas I am ...
    Posted to Scott Petersen (Weblog) by 505522 on August 11, 2007
  • SHORT?

    Listing after listing in today's market reads, "Subject to Short Sale". I have taken this term for granted for years, as it has been a popular technique for investors to buy homes. Rrecently, however someone called me and asked, "what is a short sale" and I realized that Realtors were making the simple complex ...
    Posted to Scott Petersen (Weblog) by 505522 on August 11, 2007
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