Realty Times - Commerce, Michigan Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Michigan > Commerce

Market Conditions Summary for Commerce, Michigan

Reported by MARK Z. as of 11/9/2009:	COMMERCE TOWNSHIP WELCOMES YOU! Recently Commerce Township has experienced a buyer's market with prices trending downward. The median price of a single family residence is approximately $240K. Please feel free to call me anytime at (248)... MORE-> About MARK Z.
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Reported by

Richard Kallabat
as of 10/18/2009:

With the addition of new housing in the form of townhomes, condominiums, & new construction homes, the supply of homes for sale is currently exceeding the demand. This is a classic buyers market due to this imbalance. Affordability has never been... MORE->
About Richard Kallabat

Reported by
Wally and Sue Schram - AmeriTrust Realty
as of 8/31/2009:

What a great time for buyers to buy their 1st home - The Recovery and Reinvestment Act of 2009 includes a $8,000 Homebuyer Tax Credit for 1st time home buyers for the purchase of a principal residence between 1/1/09 and 12/1/09 and does not require... MORE->
About Wally and Sue Schram - AmeriTrust Realty

Average Current Market Rating: 1.3 (3 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 1.7 (3 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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