Ann Arbor Undressed

Ann Arbor ="25 miles surrounded by reality".....and a blog about it. ActiveRain.com

How will Ann Arbor Buyers Know When we Hit the Bottom of the Market ?

Condo Everybody wants to know.

No one really knows.

When we will "hit the bottom" of the market in Ann Arbor.

Here is the list of price reductions in the Ann Arbor Area for the week of 3-21-09 through 3-28-09

 

Single Family Homes price reductions

 

Condo price reductions.

 

6190 Concert Trail in Saline, MI 48176The only sure fired way to tell if the market has bottomed out is when it is on it's way up. Then you look back and with 20/20 Vision say, "Yes, that was it".

With interest rates low, home prices low we are in a perfect storm.

Storms don't last, either will the low interest rates and eventually prices will stabilize and then start to appreciate again.

First time home-buyers don't forget about the $8000.00 tax credit if you are going to purchase this year.

 

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Search the Ann Arbor Area MLS

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KW LogoMissy Caulk & Team can be reached at 734-216-2822 or email: Missy@MissyCaulk.com

Our TEAM of 6 buyer associates are available to help you relocate to Ann Arbor, Saline, Dexter, Chelsea, Milan, Ypsilanti Township, Clinton, Manchester, Whitmore Lake, or throughout Washtenaw County, MI.

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