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Howell, MI Real Estate News

By National Realty Centers
(National Realty Centers)
2581 Hilltop Lane, Howell, MI Get Directions Click Here Property Video Description Photos Maps & Local Schools Print Brochure $ Click for current price 4 BEDROOMS | 3 (2 full, 1 half ) BATHROOMS | 2233 SQUARE FEET For 24 Hour Information: 888-866-9430 ext. 2581 Beautiful 4 bedroom, 2.5 bath colonial in highly desired Lakeshore Pointe. Partial finished basement with an abundance of storage. Many updates throughout the home. 2011 all new flooring (carpet and Laminate floors), 2012 all new landscape in backyard-new retaining wall and 2012 sprinkler system. In 2013 new roof with transferable warranty, 2014 new air conditioner, 2015 all new windows on the second floor, 2015 new window on the first floor living room, 2015 new glass sliding back door, 2015 humidifier, 2015 kitchen remodel wit...
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By National Realty Centers
(National Realty Centers)
2071 TOOLEY Road, Howell, MI Get Directions Click Here Property Video Description Photos Maps & Local Schools Print Brochure $ Click for current price 4 BEDROOMS | 2 (1 full, 1 half ) BATHROOMS | 2226 SQUARE FEET For 24 Hour Information: 888-866-9430 ext. 2071 Rare opportunity with this 2226 square foot, 4 bedroom, and 1.5 bath farmhouse. Home has a 30x40 garage/pole barn on 2.4 acres ready for its new owner. Lot is split-able and can be zoned as residential or commercial. Offering 2 water and sewer taps as well as natural gas at road - this is a huge bonus! Newer 100 amp electrical service. The furnace, water heater and water softener 2 yrs new. Brand new well pump and water pressure tank. The garage/pole barn has an electric and gas furnace. Seller would love to stay and complete his...
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By National Realty Centers
(National Realty Centers)
590 E DAVIS Road, Howell, MI Get Directions Click Here Description Photos Maps & Local Schools Print Brochure $ Click for current price 3 BEDROOMS | 4 (2 full, 2 half ) BATHROOMS | 1808 SQUARE FEET For 24 Hour Information: 888-866-9430 ext. 590 Serenity awaits! Loads of expensive updates with this sprawling ranch including gorgeous kitchen with all new cabinets, counters, and flooring! Both full baths completely renovated and beautiful! Stunning two sided fireplace warms the family room and the living room! Master suite has loads of closet space, a full bath, and door-wall leading to screened in covered balcony! Woodsy up north type views from every window in the house! Attention to detail here as whole house has been repainted inside and out and all flooring replaced! Walk out basemen...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
Produced in association with Major League Baseball (MLB, the oldest professional sports league in the USA), narrated by lifelong baseball lover Kevin Costner, and interviews with great players, scientists and historians, this film tries to discover who is the fastest pitcher ever.  This is a new film that opened nationally on March 25th, and it comes to Downtown Howell just a month later.  It is playing Apr 26 – May 1.Take the opportunity to see this production in the Historic Howell Theatre in #DowntownHowell.  Leave time before or after the film to shop or dine at some of the great local businesses.  Not familiar with the area?  No problem.My restaurant recommendations include Diamond’s Steakhouse, 2FOG’s speakeasy-style pub, Moe’s Bar Bar Shop (a bar with good food that also has an a...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
The inventory of available Howell homes is at a low for the year at 198 units.  Even though we had 18 new listings in the last 7 days, 20 were sold in the same period, and when you count in expired listings and those pended (taken off market pending the sale), we're at a net loss. For the 20 sold properties, the average days on market was 45 - a quick time period.  But the median time on market was a blistering 18 days!  Buyers - don't hesitate when you find something you like,  I want to throw in a pitch for LOCAL, full-time agents, too.  We know the little nuances of our market in ways that you can't decipher from looking at multilist statistics.  Plus, we can react faster and get you into a home quicker than an out of area agent.   The average and median sales prices were very close,...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
Like many other parts of the country, demand is outpacing supply.  Even with some new construction in the area, there is still not enough inventory.Last week, there were 14 homes sold at an average price of $208,486, or $114/sq ft.  These homes sold remarkably fast on average - just 45 days!  We also had 20 new homes come onto the market.  I know what you're thinking.  Hey!  14 sold and 20 new listings?  That sounds like inventory is repleneshing itself to me. Au contrere.  When you take into account the expired listings, those that went pending (an off-market status), and the consumer-requested withdrawals, we're at a decided net loss.  You can download the weekly new listings here and watch this week's update video here.If you're a seller that's waiting for spring and has the ability ...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
The active Howell inventory is 239 units (detached homes and condominiums). In the last 7 days there were 17 new listings and 11 sold.  For the sold properties, the average price per square foot was $114, a typical number for Howell.  These homes were on the market for just 62 days from date of listing to date of closing, not very long when you consider the average closing takes 30-45 days.  The average sales price was $181,195. Sellers - DON'T WAIT FOR SPRING UNLESS IT'S ABSOLUTELY NECESSARY.  Right now with the lower inventory your home will get noticed faster and at this time of year the buyers tend to be serious, not tire-kicking.  If you're thinking about selling, please interview me so I can tell you about my 'Buyer's Edge' program.  Just curious about your home's value?  Contact ...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
It's Monday, February 1, 2016, so you know what that means.  Market update time!  This week’s Howell real estate market update shows 249 units of inventory (detached single family homes and condos).  There were 24 new listings in the last 7 days, more than we’ve seen since before Thanksgiving.  Sellers – there is great buyer activity out there. Do not wait until Spring to list.  You’ll have much more competition and it’ll be harder to get noticed.There were 8 properties sold in the last 7 days at an average sales price of $206,488 or at $106/sq ft.  The average time on market for these sales was 88 days (time from list to sale), shorter than I would have thought.Recent open houses are getting a LOT of buyer traffic, much of it from consumers that have specifically selected the propertie...
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By National Realty Centers
(National Realty Centers)
1220 Still Valley Drive, Howell, MI Get Directions Click Here Description Photos Maps & Local Schools Print Brochure $ Click for current price 3 BEDROOMS | 3 (2 full, 1 half ) BATHROOMS | 1838 SQUARE FEET For 24 Hour Information: 888-866-9430 ext. 1220 Rolling Oaks Sub colonial now available. Quiet cul-de-sac location. Home offers 3 bedroom, 2.5 baths and a 2 car garage. Vaulted ceilings are in the living room with a gas fireplace. Master bedroom also boasts vaulted ceilings. Master bath complete with separate shower and tub combo, huge walk in closet, and separate water closet possible for multi-users comfort. Large deck in back yard for summer enjoyment. Neighborhood park close to home. Lawn sprinklers for easy lawn maintenance. Home offers a first floor laundry and a formal dining r...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
The basics:Inventory is at 251 units (detached homes and condominiums)New listings last 7 days - 18Sold last 7 days - 11Average days on market for the 11 solds - 108Average price per sq ft for the 11 solds - $118*Get this video report with a link to download a pdf of new listings at: http://goo.gl/WZzah0Check out my facebook page for market updates, buying, sellingk, decorating and maintenace tips, and general real estate news.  (link below)* - typical range for existing resale properties is $100-$125/sq ft.  New construction, lakefront homes and homes on larger acreage will likely deviate outside the high range.photo credit R. Smith
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
We'll keep this quick since I know you're all busy. Feel free to watch the video and call me for more info.Active inventory is only 261, definitely low.  In the last 7 days there were 20 new listings, a pretty decent number this time of year.  In the same time period there were 9 units sold.  The average sale price was $106/sq ft, towards the lower end of 'normal' for this market, wich ranges from $100-$125/sq ft.Lakefront, new construction and homes on acreage will obviously command higher prices than this figure.There are 10 rentals in the MLS, lower than typical, but not unexpected at this time of year.  Remember that some landlords advertise on their own through craigslist or other venues, and also apartments and property management companies tend to shy away from the MLS, too.  The...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
This week's report shows 265 units available through the MLS. Lower than typical, but not unexpected at this time of year.  In the last 7 days there were 8 new listings on the market and 15 sold - a little more than I expected.  I think there was a lot of push to get sales in for the 2015 tax season!The 15 sales averaged $194,448 each, or $109/sq ft - right on target for Howell.  Note that lakefront homes, new construction and homes on larger parcels will command a premium from this figure.The MLS shows 11 rental units (homes and condos), but Howell has a lot of apartments that are not reflected in this number. Generally, apartment rents are much more competitive and a great way for renters to save for that home down payment.  Catch the video at  https://youtu.be/026Tc3B3L34.Analysis:  ...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
Current inventory of detached single family residences (SFRs) and condos has stayed pretty constant since 12/15, hanging around 278 units.  In the last 7 days, 8 units have sold at an average price of $197,375 or $115/sq ft and 12 new listings have hit the market.New construction, lakefront homes and homes on larger acreage parcels will cost more, by the way.There are currently 12 rental units in the MLS, but remember that apartment complexes don't use the MLS, and many property management companies and investor/landlords do their own marketing, too.  There are plenty of rental properties available, but we've been seeing rental prices rise about 4% over the last year.  Apartments are definitely more competitive than SFRs/condos.You can watch the video here. Feel free to contact me with ...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
Yes, things do slow down a bit the week before Christmas, but there are homes listed and sold every business day of the year.  This is 'crunch time' for buyers wanting to get the 2015 purchase completed.Detached homes (single family residences or SFRs) and condo inventory is at 274 units, a bit lower than normal.  There were 15 new listings in the last 7 days, less than half of what we'd normally see.There have been 9 solds in the last 7 days, at an average sale price of $198,450 or $139/sq ft.  The price per sq ft is a bit higher than what we usually see.  You can expect to spend $100-$125/sq ft in the Howell market.  New construction, lakefront and properties with acreage will be higher of course.There are only 11 lease properties available right now, but this does not include apartme...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
I've been doing weekly updates for the Howell Michigan real estate market for the last month. Here's this last week's activity recap. Inventory is at 309 homes and condos, down slightly from last week.  We've had 6 new listings in the last 7 days and those listings average out to $198,966 each, or $95/sq ft.  That's a lower number than I usually see.  Most resale properties in Howell average between $100-$122/sq ft. New construction would be a bit more expensive, of course. There are currently 21 rental properties on the market, too.  The majority fall into the $1000-$1600/mo range and you can expect at least a 6 month lease requirement, with some wanting a 12 month commitment.  Please note that this does not include apartments, which typically do their own marketing and management, and...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
Back in August I did a short market report on the Lakeshore Pointe community in Howell.  This is a great community of about 248 homes in a fantastic location.   There are some lakefront homes, most are not, but all have lake access. The community has resident-only waterfront parks, picnic areas, walking trails and two marinas on all sport Thompson Lake.  There is no through traffic and the occasional speed bump on the private roads keeps things quiet. The Homeowner's Association (HOA) does have architectural/aesthetic, vehicle storage, and landscaping guidelines and is professionally managed by a local property management company. Some people chafe at such restrictions, but generally they will help to keep the property values up by keeping a clean and consistent look throughout the comm...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
Each month that National Association of Realtors (NAR) surveys real estate professionals nationwide to get their impression of the housing market.  This report had 2,969 Realtors reply.  As a survey participant, I get a ‘sneak peek’ at the results which will be released soon.Overall, real estate professionals reported that the market was improved compared to a year ago and that they are “broadly optimistic” for the next six months.   There is stronger buyer and seller traffic compared to a year ago and it is expected that prices will increase “modestly” in the next 12 months.Nationally, first-time buyers accounted for 31 percent of all sales, sales for investment purposes were 13 percent, distressed sales were 6 percent and cash sales were 24 percent of all sales.Buyers 34 and under acc...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
Real estate is local.  That being said, there are things that happen nationally to affect all markets.  One of them is interest rates.USA Today ran an article today that quoted San Franciso Federal Reserve President John Williams as saying there is a “very strong case” (their quotes) for rates to rise next month – if the economy continues to improve.Earlier this year I had the occasion to hear, in person, the National Association of Realtors Chief Economist Lawrence Yun.  He went through a ton of stats and indicators that graphically showed how much the economy has improved.  But, he said, it seems that people just “don’t feel it.”  That was holding back home sales.  Question – do you feel it? I’ve kept that in mind and I ask that of people I meet occasionally.  Not a lot are feeling it...
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By National Realty Centers
(National Realty Centers)
2630 Hilltop Lane, Howell, MI Get Directions Click Here Description Photos Maps & Local Schools Print Brochure $ Click for current price 4 BEDROOMS | 3 (3 full ) BATHROOMS | 1586 SQUARE FEET For 24 Hour Information: 888-866-9430 ext. 2630 This stunning ranch has been completely renovated. Huge professionally finished basement adds additional living space. New flooring and paint throughout. Open kitchen features new granite counters, new stainless steel appliances and new tile backsplash. New lighting, handles and fixtures throughout. All three bathrooms have new tile and updated vanities/fixtures. Updated electrical and plumbing throughout. All this while enjoying lake privileges on all sports Thompson Lake including two neighborhood parks, boat docking and two beaches. This one is a m...
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By Robert Smith, SRES, Search for Homes Brighton-Howell-SE Michigan
(Preview Properties, PC - http://www.RealEstateMich.com)
Lakeshore Pointe is a community of about 248 homes just off Golf Club Rd, between Grand River Avenue and Eager Rd.  Minutes from Chemung Hills Golf Club, downtown Howell and the new retail area developing around Latson/Grand River/I-96 interchange, this is a great location within the Howell school district.There are some lakefront homes, but most are not.  All have lake access, however.  The community has resident-only waterfront parks, picnic areas, walking trails and two marinas on all sport Thompson Lake.  There is no through traffic and the occasional speed bump on the private roads keeps things quiet.The Homeowner's Association (HOA) does have architectural/aesthetic, vehicle storage,and landscaping guidelines and is professionally managed by a local property management company.As ...
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