Clarkston, MI Real Estate News

By Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate
(Real Estate One)
Absorption Rate is a method we use to determine the supply and demand for housing. We determine the number of listings on the market within particular price brackets.  We then view how many houses have sold or pended in the past three months and calculate the average per month.  The number of active listings is then divided by the average sales per month to identify how many months inventory is available. Sellers Market - Less than 6 Months InventoryBuyers Market - More than 6 Months InventoryBalanced Market - 6 Months Inventory All information included in our Absorption Rate Graphs is generated from Realcomp Inc, an area Multiple Listing Service serving Southeastern Michigan. Note that no private sales would be included in this report. All information is deemed accurate but not guarant...
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Every year many people get the investing bug. It could be a book they read about stocks, a TV show they saw about mutual funds, bonds and playing the stock market, or just a story from a friend who made a great profit off of their investments. Sometimes one of these triggers can be all it takes to get someone into the investing arena and trying to see a great profit.  However, investing is not something that should be entered into blindly.   Market Understanding   The first thing you need to do is choose a market to invest in. Many people who are looking for a more stable market choose real estate, as it is a market grounded on a tangible item - property. This could mean investing in properties, property management, services and financials relating to property deals.   Learn all you can...
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By Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate
(Real Estate One)
                                      Southeastern Michigan Market Update August followed the same trend as July and for the most part the past six months. We have seen a rising rate of sales in terms of the number of homes sold, a declining inventory of available homes, and a continued decline in home values. No new news there, except the news that the trend continues, which is a very good sign (except for the home value part, but that will begin to correct itself when inventories fall to 6-8 months). Add to that a more stable mortgage market with the bail out of Freddie and Fannie (and even a rate decline!) and you have all the ingredients for an acceleration in our recovery. Not anything earth shattering for us in Michigan, since job growth overshadows any other housing influencers, ...
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By Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate
(Real Estate One)
 This lakefront is beautiful on the inside. Take our tours and view the interior shots. Our seller has priced this very well considering there has been more than $100,000 in upgrades and improvements made since purchasing this home just a few years ago. Note the marble and hardwood flooring, soaring ceilings, extraordinary views and decking leading to the waters edge. The home is located in Waterford, yet features Clarkston Schools. Great location for commuting and this home certainly meets the standard expected by lakefront enthusiasts.  Take time to view on-line tours and we'll look forward to meeting you at your private showing soon. 
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By Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate
(Real Estate One)
The Pearson Group is long overdue to update those interested in what is happening to the Real Estate Market in North Oakland County, particularly in the Clarkston and Waterford Township area.  Although we are posting the Market Absorption Study for both Clarkston and Waterford, we urge those interested in the the real estate market in North Oakland County, Michigan we invite to visit "The Pearson Group Website" and view the Monthly Absorption Rates for various townships.  View Clarkston Absortion Rate Graph                      View Waterford Absorption Rate Graph  
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By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
This is an excellent time to buy in Clarkston, MI and Independence Township. The hugely large and fast appreciation of the 90's had to come to an end sometime. Prices have dropped over the past few years, but like the good times, this deflation in prices will be coming to an end, too. Since real estate is cyclical (feel a bit like the 80's except without the double digit interest rates?) the escalation of home prices will start to rise again. Making today's home purchase a great investment if you're willing to stay put until the good times come back.Real estate is cyclic and right now we are on the down swing. In Orion Township, for example, the average sales price in 2007 was 6.7% lower than the average sales price in 2003. BUT, the average sales price in 2007 was still more than 6.3% ...
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By CARL BIDINGER
(REAL ESTATE ONE)
 It never ceases to amaze me as to how lazy and incompetentent most agents are. I showed a house for lease for $3,500 a month the prospective tenants were interested, and ask me to see if the seller/landlord would take $3,000. Now I have been around a long time and I know full well that verbal offers are not binding. None the less i called the listing agent and asked if she would call the seller and ask if they would be interested in leasing for $3,000 a month and all the other terms the seller wanted were fine with the prospective renter, so the only thing to negotiate is the monthly dollar. I asked if she would like me to put it in writing or if we could go verbal till we had a "meeting of the minds". Her response was the seller won't take that!! I asked if they had any prior offers t...
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By Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate
(Real Estate One)
Monthly Absorption Rate Graph for ClarkstonReal Estate Communities we review on a monthly basis are: Brandon, Clarkston, Waterford, Lake Orion, Oxford, Grand Blanc, and Holly.Various Absorption Rate Graphs can be viewed at "The Pearson Group Website"Absorption Rate is a method we use to determine the supply and demand for housing.We determine the number of listings on the market within particular price brackets.  We then view how many houses have sold or pended in the past three months and calculate the average per month.  The number of active listings is then divided by the average sales per month to identify how many months inventory is available. Sellers Market - Less than 6 Months InventoryBuyers Market - More than 6 Months InventoryBalanced Market - 6 Months InventoryAll informatio...
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By Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate
(Real Estate One)
Visit our website at www.KayPearson.com to view our monthly Absorption Rate Graphs. We provide supply and demand information for various areas surrounding North Oakland County.  These graphs will be posted on our personal website every month so that you can better monitor our real estate market. Supply and Demand is the basic principle that drives prices for any product. Because of the increased supply of houses currently on the market, we are experiencing the best buyer's market seen in the last 40 years.   Robin Cutler and Kay Pearson ~ Clarkston, Michigan Real Estate
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By CARL BIDINGER
(REAL ESTATE ONE)
 Summer Day Camp Counselors Needed!Independence Township Parks and Recreation is currently seeking highly motivated and energetic candidates for open summer day camp positions.  Candidates must be at least 18 years of age, be available to work Monday through Friday, Mid-June through the end of August.  Education and experience working with children a plus!  Interviews being held in March.  Contact Lisa Sargent at 248-625-8223 for more information
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By CARL BIDINGER
(REAL ESTATE ONE)
Calling all eligible Clarkston singles.  This is your last change to register for our Speed Dating event at Mr B's this Saturday, 6pm.  Ages 25-35.  Call today to register over the phone, mention this email to get $5 off.  Guaranteed to spend 8 minutes with each date.  Includes appetizers and non-alcoholic beverages.  After the event, you will be contacted by email with any requested dating interests.  Sponsored by Independence Twp Parks and Recreation. Call (248) 625-8223 today or pass this along to someone who might be interested!
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By CARL BIDINGER
(REAL ESTATE ONE)
Clarkston Community CalendarThis message has been sent to inform you of an upcoming event:    Clarkston Community Schools    CSI Presentation - PTA General Membership Mtg - SPEYou will not want to miss this meeting if you have children who go onto the internet.  This CSI presentation brought to you by the PTA is a informational packed evening every parent will not want to miss.  See you there!!This event will be taking place at Springfield Plains Elementary on Tuesday, February 05, 2008 from 7:00 PM to 8:30 PM.For further details, go to http://clarkstoncalendar.org/ and select this event.
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By CARL BIDINGER
(REAL ESTATE ONE)
Clarkston Community CalendarThis message has been sent to inform you of an upcoming event:    Clarkston Community Schools    CJHS Solo and Ensemble RecitalCJHS Solo and Ensemble RecitalThis event will be taking place at CJHS PAC on Wednesday, February 06, 2008 from 7:00 PM to 8:00 PM.For further details, go to http://clarkstoncalendar.org/ and select this event.
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By CARL BIDINGER
(REAL ESTATE ONE)
Clarkston Community CalendarThis message has been sent to inform you of an upcoming event:    Clarkston Community Band    Clarkston Community Band RehearsalSTILL TIME TO JOINDo you play drums, trumpet, clarinet, or other wind instruments? If so, we want you and no auditions are required. Anyone who plays a band instrument is invited to join.The Clarkston Community Band is one of the fastest growing community bands in the area. We are full of fun-loving musicians who enjoy playing music (to the best our abilities) and appreciate being a part of an ensemble. We would like to share the opportunity with others to dust off their instruments and join in the fun! The band performs approximately 8 concerts a year including the annual "Christmas in Clarkston" concert.The group meets on Tuesday e...
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By CARL BIDINGER
(REAL ESTATE ONE)
Clarkston Community CalendarThis message has been sent to inform you of an upcoming event:    Independence Township Parks & Recreation    Sports for Pre-SchoolersSPORTS FOR PRE-SCHOOLERSStart your kids off in sports the right way with Start Smart!  This is a great program that gives you the opportunity to spend quality time with your child and to see his/her skills develop in a supportive, non-competitive environment.  Start Smart Programs, created by the National Alliance for Youth Sports, is a six week program in which parents work one-on-one with their child in a relaxed atmosphere that promotes fun as the number one priority of sports.  Please note that EVERY child must be accompanied by a parent or adult.  Taught by fun & enthusiastic Parks and Recreation Staff.To register, please ...
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By Chris Benedict, e-PRO
(Max Broock Realtors)
The Springfield Township Library is hosting several events for teens in the coming month, including an Internet safety class for teens and parents, and a pumpkin carving night. Click here to check out these events and the many other programs the library has to offer. Enjoy!
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By Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate
(Real Estate One)
Taste of ClarkstonWhen:   Sunday, September 30th                Where:  Downtown ClarkstonTime:    12:00 noon - 6:00 p.m.Come downtown and enjoy a fall day of great food and entertainment. Main Street is closed down for the entire afternoon while people stroll from venue to venue enjoying favorite foods prepared by thirty area restaurants.  Live bands are scheduled throughout the day for your listening pleasure.  Sponsored by The Clarkston Area Chamber of Commerce.
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By Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate
(Real Estate One)
Concerts in the ParkFriday evenings in June & July   Concerts in the Park celebrates the 28th Season of FREE concerts in Depot Park at the Gazebo.Local Talent goes on around 6:30 and the headliner bands perform 7-9 pm.Concessions available at the park, or bring your picnic with you. 28th Season   June 22 Legend the Band (50's hits)June 29 Rick & Dayna Leider (6 piece band with wide range repetoire)July 6 Beth Stalker (Jazz, Blues, Standards, Country)July 13 Last Man Standing (Rock & Roll)July 20 Terri Lea & the Mustangs (Country)July 27 Stardusters (Swing)
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By Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate
(Real Estate One)
SOLD in 4 Days! This partially constructed home is situated in the upscale community of Oakhurst Golf and Country Club.  The Oakhurst community, located in Clarkston Michigan, has experienced the same challenges as any other when it comes to declining values and excess days on the market for sellers to successfully transfer ownership. Our recent experience brings the message strongly home again. PRICE is the most important ingredient to successfully attract buyers to a property and thus, create their sense of urgency. As difficult as it is to determine the proper asking price when home values are on the decline, it is the primary factor necessary to reach the sellers objectives.  An aggressive price decision at the onset of marketing a property is the most important decision every selle...
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By Santos Sanchez
(FAMILY HOME LOANS)
To see a list of the mortgage companies who have gone under because of the Sub Prime turmoil, go to www.mortgageimplode.com.  You will see a lot of companies you never heard of but there are also some big hitters that have gone under.  We'll see what happens in the near future!
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