The Ann Arbor Real Estate Lady brings you December 2010 Sales Figures 2010 closed on a positive note with December residential housing sales up 8.3 percent over last year, according to data released by the Ann Arbor Area Board of Realtors. Condo sales were up 6.8 percent over 2009 for the month of December.Year-end sales statistics show sustained improvement over 2009. Total sales for 2010 were8.6 percent higher than 2009, including vacant land, commercial, farm, income property,residential and condos. Condominium sales increased 26.3 percent and homes were up 3 percent for the year.Dollar volume likewise increased 7 percent over 2009, with December posting a gain of 18 percent.According to NAR Chief Economist Lawrence Yun, economic indicator trends point to a gradual housing recovery. Attractive houses to rent in redditch and steady improvement in the economy are helping to bring buyers into the market. Posted by Caitlin Phillips at 9:09 AM Labels: Ann Arbor Real Estate Lady, Caitlin A. Phillips, Prudential Snyder Co, Univeristy of Michigan Friday, January 14, 2011 Ann Arbor Real Estate, Spring has Sprung! A few FABULOUS TIPS from our FAVORITE Betty’s! http://www.Betty.Brigade.com Posted by Caitlin Phillips at 8:56 AM Labels: Ann Arbor Home Buyer, Caitlin Phillips, Prudential Real Estate, Prudential Snyder.com, University of Michigan Wednesday, December 15, 2010 November Stats show slow recovery for Ann Arbor Real Estate. Greetings Ann Arbor Area Real Estate Enthusiasts! Attached are the November Real Estate Sales stats. Our board market is showing slight recovery signs. This is interesting…. Ann Arbor Area Board of REALTORS®Positive GainsReal estate sales numbers provided by the Ann Arbor Area Board of REALTORS® show acontinued trend of positive gains over last year at this time. Year-to-date sales show an increase of 8.3 percent over last year, based on 3,870 transactions, compared to 3,572 real estate transactions in 2009. Dollar volume, likewise, shows an increase of 6 percent over 2009, with $646 million in sales for 2010, through November, compared to $609 million at this time last year. Average residential sales prices for November are up in most communities, with increases ranging from 10 to 28 percent over 2009. The average residential sales price for Ann Arbor in November 2010 was $319,384, Dexter was $283,639 and Ypsilanti showed $97,123.NAR Chief Economist Lawrence Yun is predicting a moderate gain in home sales for 2011.Easing of lending guidelines, adjustments to tax policy and jobs creation will positively affect 2011 home sales. Posted by Caitlin Phillips at 7:29 AM Labels: Ann Arbor Real Estate, AnnArborApartments, Caitlin Phillips, University of Michigan Monday, December 13, 2010 Ann Arbor Real Estate, Bundle Up and Be Prepared! Your winter guide to house hunting this season… Greetings Ann Arbor home buyers….. you are the brave souls. Through the ice and snow braving the traffic road conditions, strange showing times, and the cold to land that perfect new home for you and your crew. Well, this year you all will need to be more prepared than the winter wonderlands of yesteryear! This year, inventory is low, the homes that are the best buys on the block are being hunted by many competing home purchasers just like yourselves. The internet allows you to preview the listing as soon as they become active in the MLS. There are several search sites that allow you to be alterted. An entire population of Michigan homebuyers that have been holding out for these interest rates. So, the well cared for; well priced inventory may not allow you to dilly dally …..and the days of sleeping on it are LONG gone. So how do you succeed in landing that perfect house??