logging in or signing up 2008 Ann Arbor Real Estate Sales Report brianbundesen Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 258 Category: Business & Fin.. License: All Rights Reserved Like it (0) Dislike it (0) Added: January 20, 2009 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript Slide 1: Ann Arbor Michigan Real Estate 2008 Annual Report The “Big” House : The “Big” House Reasons for Optimism : Reasons for Optimism U. of Michigan Purchase of Pfizer Facility 5,000 New Jobs in County in Next 2 Yrs. Washtenaw Most Solid County in State, will be the First to Rebound. Many Small and Growing Biotech, Healthcare, and Internet Firms. Ann Arbor SFH Sales in Units -21.1% Since 2005 : Ann Arbor SFH Sales in Units -21.1% Since 2005 SFH Average Sales Price (County) -19.7% Since 2005 : SFH Average Sales Price (County) -19.7% Since 2005 Ann Arbor Area SFH Avg. Sales Price -15.4% Since 2005 : Ann Arbor Area SFH Avg. Sales Price -15.4% Since 2005 Washtenaw County Foreclosures : Washtenaw County Foreclosures Historic Home Sale Distribution : Historic Home Sale Distribution Traditional = 90.5% Current Home Sale Distribution : Current Home Sale Distribution Bank Owned, Lease & Short Sales = 84% How This Impacts Your Homes Value : How This Impacts Your Homes Value Bank Owners in “Fire Sale” Mode. Houses sell at below market value. Appraisers appraise based on sales price, they no longer separate out foreclosure/ non-foreclosure sales. Below market sales pulls down all values What This Means for 2009 : What This Means for 2009 Your homes value is 20% less than it was 2 years ago. There will be more foreclosures in your neighborhood. If you don’t have to sell, don’t sell If you want to buy, buy. Bundesen Team : Bundesen Team Your “Go To” Team Help You Sell Help You Buy Answer ANY Questions We love Referrals You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
2008 Ann Arbor Real Estate Sales Report brianbundesen Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 258 Category: Business & Fin.. License: All Rights Reserved Like it (0) Dislike it (0) Added: January 20, 2009 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript Slide 1: Ann Arbor Michigan Real Estate 2008 Annual Report The “Big” House : The “Big” House Reasons for Optimism : Reasons for Optimism U. of Michigan Purchase of Pfizer Facility 5,000 New Jobs in County in Next 2 Yrs. Washtenaw Most Solid County in State, will be the First to Rebound. Many Small and Growing Biotech, Healthcare, and Internet Firms. Ann Arbor SFH Sales in Units -21.1% Since 2005 : Ann Arbor SFH Sales in Units -21.1% Since 2005 SFH Average Sales Price (County) -19.7% Since 2005 : SFH Average Sales Price (County) -19.7% Since 2005 Ann Arbor Area SFH Avg. Sales Price -15.4% Since 2005 : Ann Arbor Area SFH Avg. Sales Price -15.4% Since 2005 Washtenaw County Foreclosures : Washtenaw County Foreclosures Historic Home Sale Distribution : Historic Home Sale Distribution Traditional = 90.5% Current Home Sale Distribution : Current Home Sale Distribution Bank Owned, Lease & Short Sales = 84% How This Impacts Your Homes Value : How This Impacts Your Homes Value Bank Owners in “Fire Sale” Mode. Houses sell at below market value. Appraisers appraise based on sales price, they no longer separate out foreclosure/ non-foreclosure sales. Below market sales pulls down all values What This Means for 2009 : What This Means for 2009 Your homes value is 20% less than it was 2 years ago. There will be more foreclosures in your neighborhood. If you don’t have to sell, don’t sell If you want to buy, buy. Bundesen Team : Bundesen Team Your “Go To” Team Help You Sell Help You Buy Answer ANY Questions We love Referrals