Market Conditions in 48105 : Questions & Answers

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Renee Badall, Real Estate Pro in Ann Arbor, MI
Renee Badall answered:
Is vacant land selling in Lodi Twp or is it generally staying on the market for a while?
Hi Alex,

Vacant land does have a tendency to stay on the market. This has been especially true during this past buyer's market and ready availability of inexpensive houses to c ... more
0 votes Share Flag Wed Mar 9, 2011 Market Conditions in 48103
Renee Rienas…, Real Estate Pro in Ann Arbor, MI
Renee Rienas Badall answered:
Is the propertry tax assessment for a newly purchased home based on the selling price?
Dear John,
If you purchase a foreclosure, most likely, it will be priced under what similar properties in the same area are. This is because the bank is not in the business of holdin ... more
0 votes Share Flag Tue Sep 2, 2008 Market Conditions in Ann Arbor, MI
Jackie O'Con…, Real Estate Pro in Boston, MA
Jackie O'Connor answered:
Any idea how much the Ann Arbor market down since 2004-2006? Is it 20-30% off -- or more like 10-15%?
Hi J. L.,

The west side prices (within 10 blocks of downtown) have stayed fairly strong. At most, I would say a 10% price reduction. Infill homes (new or old made new) have actually ... more
0 votes Share Flag Mon Dec 6, 2010 Market Conditions in 48103
Todd Lands, Real Estate Pro in 48176
Todd Lands answered:
Developing a 7 Story Apartment Building in Ann Arbor. Concern with cost of construction!
Ann Arbor has a lot of new apartment/student housing projects already. i do not want to rain on your parade , but I hope you have done your homework. I think your quote of $300 sq ft co ... more
0 votes Share Flag Mon Apr 14, 2008 Market Conditions in 48104
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