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Market Conditions: Ann Arbor, Michigan

Realtor Martin Bouma, is reporting that the Ann Arbor, Michigan, region is seeing a strong buyers market, marketed by a steady increase in inventory.

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He notes that pricing remains an important factor in getting your home sold. Buyers are picky and are choosing only the best values.

Its median home price is in the $250,000 to $300,000 range. Job growth for the region is 3.51%.

Martin goes on about the area, "The Ann Arbor area is a cultural Mecca with many performance centers and theaters, music groups, libraries, museums, and parks."

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Published: December 18, 2007

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

Today's Headlines 12/18/2007


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