Realty Times - Farmington Hills, Michigan 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 > Farmington Hills

Market Conditions Summary for Farmington Hills, Michigan

Reported by

Denise Busser
as of 11/15/2008:

Currently, there continues to be a high number of both houses and condominiums for sale, making this a strong buyer's market. This creates an opportunity for homeowners or potential homeowners to increase their wealth by leveraging the current real... MORE->
About Denise Busser

Reported by Eva Morrow as of 11/14/2008:	Eva Morrow reports for Farmington Hills Michigan Real Estate a strong buyers market. The Current Market Conditions and Residential Home Market Summary are below: Up to 150,000: Residential Summary: Active Listings: 133 Average... MORE-> About Eva Morrow
Watch one of my Television commercials.

Reported by

Richard Kallabat
as of 10/15/2008:

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 & Sue Schram
as of 10/13/2008:

Steady summer activity in Oakland County yields dramatic increase in September home and condo sales - 1,422 homes and condos sold in September compared to 941 solds in September 2007 - up 51.12%. The median price in August on foreclosures was... MORE->
About Wally & Sue Schram

Average Current Market Rating: 1.8 (4 ratings)

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

Average Current Price Trend: 2 (4 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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