Real Estate News

Thank you to all my present and past clients. I hope 2013 has been a good year for you.

The real estate market experienced dramatic improvement during 2013. Just a few short years ago our local market was dominated by foreclosures, short sales and investor buyers. Today, our local market has rapidly transitioned to a more traditional market of home buyers and sellers. Along with this change we have seen a significant rise in home values. For example, in Macomb County, home values rose 23%. The number of foreclosures and short sales has continued to decline. In addition, the National Association of Realtors has predicted a continued rise in home values during 2014.

Now is a great time to consider making a move. The value of your current home has risen substantially. Mortgage rates are currently at very low levels.

If you would like periodical updates on home sales in your neighborhood, please send me an email at wfrohriep@gmail.com. You will receive a Market Snapshot of home sales in your neighborhood. If you prefer a complete market analysis please let me know. I can arrange a convenient appointment for you. As always, I would love to hear from you.

 

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William Frohriep

William Frohriep

Associate Broker
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