Real Estate Foreclosed Waterfront Home for Sale in Commerce Twp, MI for $125,000

I recently viewed this Foreclosed Home for Sale.  It is a Waterfront Home for Sale on Fox Lake which is located in zip code 48382. 

  • Over 1300 sq ft
  • Located on over Half an Acre 
  • Newer Appliances Included  – Stove, Refrigerator, Dishwasher
  • Washer & Dryer also included
  • Great Room w/ Vaulted Ceilings
  • Walkout lower level
  • Extensive Decking
  • Asking price:  $ 125,000

Click Here: Commerce Twp Waterfront Home to see more photos and get more information.

Please feel free to call me – Christina Ehli , Realtor®, Real Estate Agent, at Keller Williams Realty, located in Commerce Twp, MI at 248-830-6921 – if you are interested in seeing this lovely home.

Please note:  Time is of the essence with  distressed properties as they could receive an offer, or multiple offers, within a few days of coming on the market.

If you currently live in Commerce, Michigan or in Oakland County and are considering selling your house, I would be happy to discuss with you how much your house is worth and what the market statistics are in your local community.

If you are considering buying a house in Commerce Twp, Michigan or in Oakland County, whether it be on or off the water, foreclosure, short sale or not,  I would be happy to work with you to find you a great value on the right house for you.

All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty Commerce Market Center shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Please note that I am NOT the listing agent  of this property; this notice is being used to identify prospective properties consumers may be interested in purchasing.

Real Estate – Bank Owned House for Sale in Commerce Twp, MI w/ Acreage

I recently viewed this Foreclosed Home for Sale.  It is is located in zip code 48382 – Commerce, MI. 

  • Almost 2900 sq ft
  • 4 bedrooms
  • Located on over One Acre
  • Carla Hills Sub

Asking price:  $204,900

Click Here:  Acreage in Commerce Twp  to see more photos and get more information.

Please feel free to call me – Christina Ehli , Realtor®, Real Estate Agent, at Keller Williams Realty, located in Commerce Twp, MI at 248-830-6921 – if you are interested in seeing this lovely home.

Please note:  Time is of the essence with  distressed properties as they could receive an offer, or multiple offers, within a few days of coming on the market.

If you currently live in Commerce, Michigan or in Oakland County and are considering selling your house, I would be happy to discuss with you how much your house is worth and what the market statistics are in your local community.

If you are considering buying a house in Commerce Twp, Michigan or in Oakland County, whether it be on or off the water, foreclosure, short sale or not,  I would be happy to work with you to find you a great value on the right house for you.

All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty Commerce Market Center shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Please note that I am NOT the listing agent  of this property; this notice is being used to identify prospective properties consumers may be interested in purchasing.

Real Estate Bank Owned Lakefront Home for Sale on North Commerce Lake in Commerce Twp, MI

I recently viewed this Foreclosed Home for Sale.  It is a Waterfront Home for Sale on North Commerce Lake which is located in zip code 48382. 

  • Almost 6000 sq ft
  • 5 very large bedrooms and 6 full bathrooms, 2 Half-Bathrooms (no shower or tub)
  • 3 stories with a glass elevator
  • Built in 2001

Asking price:  $531,250

Click here:  Commerce Lakefront Home for Sale  to see more photos and get more information.

Please feel free to call me – Christina Ehli , Realtor®, Real Estate Agent, at Keller Williams Realty, located in Commerce Twp, MI at 248-830-6921 – if you are interested in seeing this lovely home.

Please note:  Time is of the essence with  distressed properties as they could receive an offer, or multiple offers, within a few days of coming on the market.

If you currently live in Commerce, Michigan or in Oakland County and are considering selling your house, I would be happy to discuss with you how much your house is worth and what the market statistics are in your local community.

If you are considering buying a house in Commerce Twp, Michigan or in Oakland County, whether it be on or off the water, foreclosure, short sale or not,  I would be happy to work with you to find you a great value on the right house for you.

All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty Commerce Market Center shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Please note that I am NOT the listing agent  of this property; this notice is being used to identify prospective properties consumers may be interested in purchasing. 

Clarkston, Michigan Real Estate Market – Distressed Properties for Sale

Are you searching to buy a bank owned / foreclosed / and/or short sale condo or house for sale located in Clarkston, Michigan?  These are referred to as “distressed” properties.   

As of today, 1/9/2011, prices range from a low of $31,900 for a 995 sq ft, 3 bedroom, 1 bath house to a high of $752,542 for a 4000+ sq ft bank owned house with 4 bedrooms.

To view these foreclosures and short sale homes and condos for sale, please click here

 Clarkston, Michigan Short Sale and Foreclosed Houses and Condos For Sale

Please feel free to call me – Christina Ehli , Realtor®, Real Estate Agent, at Keller Williams Realty, located in Commerce Twp, MI at 248-830-6921 – if you are interested in any of these  homes and condos for sale.

Please note:  Time is of the essence with  distressed properties as they could receive an offer, or multiple offers, within one week of coming on the market.

Milford, Michigan Real Estate – Short Sale & Bank Owned Homes for Sale

I can help you find a bank owned / foreclosed / and/or short sale house for sale  in Milford, Michigan.  These are referred to as “distressed” properties.   They are located in zip codes 48380 or 48381 which is located either in the township of Milford or in Milford Village. Are you looking to move to downtown Milford, MI ?

One house for sale is a lakefront home on Indian Lake and another home for sale has a lake view of Rowe Lake.  They have three, four or even five bedrooms.

Prices range from a low of $75,000 to a high of $599,900 as of 1/9/2011. 

To view these foreclosures and short sale homes for sale, please click here

 Milford, MI Short Sale and Foreclosure Houses for Sale

Please feel free to call me – Christina Ehli , Realtor®, Real Estate Agent, at Keller Williams Realty, located in Commerce Twp, MI at 248-830-6921 – if you are interested in buying any of these  homes for sale.  If you are considering selling your house and may be in a short sale situation, I can help you with that as well. I am certified as a short sale and foreclosure resource (SFR).

Please note:  Time is of the essence with  distressed properties as they could receive an offer, or multiple offers, within one week of coming on the market.

January 2011 Real Estate Market Update

January 2011  Market Update

The housing market is recovering. As more home buyers are taking advantage of the improved affordability conditions. With mortgage rates hovering around recent record lows and home prices having generally stabilized, economists are expecting an upward trend to a healthy and sustainable level in 2011.

Encouraging signs are showing up across the economy. Retail sales recently hit their highest level since before the recession. Key measures of small and big businesses’ optimism marched back up to prerecession levels and new claims for jobless benefits are trending lower. Together they bode well for steady job creation and improved consumer confidence which is generally manifested in more spending.

As the economy improves, current stimulus efforts by the government and the Federal Reserve Board are expected to gradually wind down. Meanwhile, serious buyers stand to benefit from historically favorable buying conditions.

Home Sales

Existing home sales resumed on an upward trend since bottoming in July. Sales activity rose to a seasonally adjusted annual rate of 4.68 million in November. This was up 22% from July and 5.6% above the 4.43 million level in October, but remained 27.9% below the 6.49 million tax credit rush a year ago. As steady job creation is expected to continue, industry experts are hopeful for 2011.

Home Price

Home prices continued to stabilize. Median home prices edged up slightly to $170,600, 0.4% above year-ago levels. Distressed homes have accounted for a fairly stable market share, representing 33% of sales in November. This is on par with the 34% in October and 33% in November 2009. Historically favorable interest rates, coupled with stable home prices, continue to offer advantageous buying opportunities .

 

Inventory

The number of homes on the market continued to decline. Total inventory fell to 3.71 million in November from 3.86 million in October. This reflects the increasing response from buyers to improved affordability conditions. As lending standards return to historical norms and consumers become more confident about their financial situation, more people will be able to buy their first home, move up, or invest.

Affordability

Housing affordability set a new record in November. The relationship between mortgage rates, home prices, and family income is the most favorable on record for buying. The home price-to-income ratio, currently at 13.5%, continues to remain well below the historical standard. Stabilizing home prices and rising interest rates are expected to begin drawing affordability back up toward more normal levels.

Source: National Association of Realtors – October housing data released December 22.

If you are considering buying or selling a home or investing in real estate, contact me to discuss the local real estate market in your specfic community.

I specialize in, but am not limited to, the following local real estate market in Michigan:  White Lake, Highland, Rose Twp, Clarkston, Commerce, Commerce Twp,  Wolverine Lake Village, Walled Lake, West Bloomfield, Novi, Milford Twp, Village of Milford, Waterford, Hartland, Howell, Brighton, Green Oak Twp. I can help you find homes for sales in these areas or help you sell your house.

Current Mortgage Rates

Interest Rates

Mortgage rates are inching up but remain historically low. This trend continues to support home buying as it translates to significant savings for buyers. As overall economic recovery remains on track, rates are expected to rise to keep inflation in check.

Type
Rate
30 year fixed
4.77%
15 year fixed
4.13%
5/1-year ARM
3.75%
30 year average for a 30 year fixed rate mortgage

8.9%

Source: Freddie Mac, Rates as of Jan 7.

Keller Williams Realty This Month in Real Estate Video

January 2011 – This Month in Real Estate – YouTube

Watch this video to get insightful information on the following topics:

  • Home Affordability at a Record High
  • Will There Be a Housing Shortage?

Whether you are considering buying, selling or investing in real estate, it is important that you keep informed.

Please contact me to fnd out how home affordability and a potential housing shortage impacts you.

Walled Lake and Wolverine Lake Village, Michigan Real Estate Market

As of today, 1/7/2011, there are 47* houses for sale in Walled Lake and Wolverine Lake Village, MI located in Oakland County, Michigan. Please note that this does not include condos for sale, leases, vacant land, for sale by owner listings in White Lake or any other listing that is not available on the Realcomp website.  This also does not include houses that have recently sold or currently have an accepted offer.

  • The lowest priced house for sale is $24,900 for a 3 Bedroom Bungalow, 800+ sq ft bank-owned / foreclosure home.
  • The highest priced home for sale is $799,000 for a 3400+ sq ft waterfront home on Walled Lake.
  • The average listing price of these 47 homes for sale in Walled Lake and Wolverine Lake Village is $157,279.
  • The average days on market is 147 days (rounded down).
  • The average sq foot house listed for sale is 1580 sq ft for a $92 average price per sq ft on an average .40 acre lot.

To View the local Real Estate Market in Walled Lake and Wolverine Lake Village, please click here:

Walled Lake and Wolverine Lake Village Homes for Sale

Please note that some of the houses for sale may have Walled Lake mailing but may be located in a different town such as Commerce Twp.

If you currently live in Walled Lake or Wolverine Lake Vlg, Michigan or in Oakland County and are considering selling your house, I would be happy to discuss with you how much your house is worth and what the market statistics are in your local community.

If you are considering buying a house in Walled Lake or Wolverine Lake Village, Michigan or in Oakland County, whether it be on or off the water, foreclosure, short sale or not,  I would be happy to work with you to find you a great value on the right house for you.

Please feel free to call me, Christina Ehli, Realtor®, Real Estate Agent, at Keller Williams in Commerce Twp, Michigan at 248-830-6921. I am happy to assist you with all of your real estate needs, questions and concerns.

*Source:  RealComp.  Information for statistical purposes only. Information deemed reliable but is not guaranteed.

Walled Lake and Wolverine Lake Village Distressed Properties for Sale

Are you searching to buy a bank owned / foreclosed/ and/or short sale house for sale whose mailing address is  in Walled Lake which includes Wolverine Lake Village real estate, with Walled Lake Schools, located in Oakland County, Michigan?  These are referred to as “distressed” properties.   They are located in zip code 48390. There are lakefront homes available for sale too including waterfront on Commerce Lake, Walled Lake and Twin Sun Lakes.

Prices range from a low of $34,900 to a high of $979,000 as of 1/7/2011. 

To view these foreclosures and short sale homes for sale, please click here:

Short Sale and Forecclosed Homes For Sale w/ Walled Lake, MI Mailing

Please feel free to call me – Christina Ehli , Realtor®, Real Estate Agent, at Keller Williams, located in Commerce Twp, MI at 248-830-6921 – if you are interested in any of these  homes for sale.

Please note:  Time is of the essence with  distressed properties as they could receive an offer, or multiple offers, within one week of coming on the market.

White Lake, Michigan Real Estate Market

As of today, 1/7/2011, there are 199* houses for sale in White Lake / White Lake Twp, MI located in Oakland County, Michigan. Please note that this does not include condos for sale, leases, vacant land, for sale by owner listings in White Lake or any other listing that is not available on the Realcomp website.  This also does not include houses that have recently sold or currently have an accepted offer.

  • The lowest priced house for sale is $28,900 for a 3 Bedroom Ranch, 1000+ sq ft bank-owned / foreclosure  home.
  • The highest priced home for sale is $699,900 for a 5683 sq ft waterfront home.
  • The average selling price of these 199 houses for sale in White Lake Twp is $199,518.
  • The average days on market is 220 days (rounded up).
  • The average selling price of these 199 homes for sale is $199,518.
  • The average sq foot house listed for sale is 1981 sq ft for a $100 average price per sq ft on an average 1 acre lot.

To View Houses for Sale in White Lake Twp, MI Click Here:

White Lake, MI  Homes for Sale

If you currently live in White Lake Twp, Michigan or in Oakland County, Michigan and are considering selling your house, I would be happy to discuss with you how much your house is worth and what the market statistics are in your local community.

If you are considering buying a house in White Lake, Michigan or in Oakland County, Michigan, whether it be on or off the water, foreclosure, short sale or not,  I would be happy to work with you to find you a great value on the right house for you.

Please feel free to call me, Christina Ehli, Realtor®, Real Estate Agent, at Keller Williams in Commerce Twp, Michigan at 248-830-6921. I am happy to assist you with all of your real estate needs, questions and concerns.

*Source:  RealComp.  Information for statistical purposes only. Information deemed reliable but is not guaranteed.

Distressed Houses for Sale in White Lake Twp, Michigan

Are you searching for a bank owned / foreclosed / and/or short sale house for sale in White Lake, located in Oakland County, Michigan?  These are referred to as “distressed” properties.   They are located in zip codes 48383 and 48386. There are lakefront homes available for sale including  waterfront on Oxbow Lake, Cedar Island and Cooley Lake.

Prices for these distressed properties range from a low of $28,900 to a high of $475,000. 

To view these foreclosures and short sale homes for sale, please click here:

 White Lake Foreclosure and Short Sale Single Family Houses for Sale

Please feel free to call me – Christina Ehli , Realtor®, Real Estate Agent, at Keller Williams, located in Commerce Twp, MI at 248-830-6921 – if you are interested in any of these  homes for sale.  I am happy to help for all of your real estate needs – buying, selling and investing.

Please note:  Time is of the essence with  distressed properties as they could receive an offer, or multiple offers, within one week of coming on the market.

Distressed Properties for Sale in Commerce Twp, Michigan

Are you considering buying a distressed property for sale in Commerce Twp, Michigan?  Are you looking for a bank owned / foreclosed /and/or short sale house for sale in Commerce Twp, located in Oakland County, Michigan?  These are referred to as “distressed” properties.  A short sale house for sale means that the homeowner owes more than the house is worth and the bank/lender(s) needs to approve the short sale before it can be sold and closed.

Prices range from a low of $22,000 to a high of $785,000. 

To view these foreclosures and short sale homes for sale, please click here:

Click Here to View Distressed Properties for Sale in Commerce Twp, MI

Please feel free to call me – Christina Ehli  Keller Williams, Realtor®, Real Estate Agent, located in Commerce Twp, MI at 248-830-6921 if you are interested in any of these  homes for sale.

Please note:  Time is of the essence with  distressed properties as they could receive an offer, or multiple offers, within one week of coming on the market.

Real Estate Market for Commerce Twp, Michigan

As of today, 1/7/2011, there are 185* houses for sale in Commerce / Commerce  Twp, MI located in Oakland County, Michigan. Please note that this does not include condos for sale, leases, vacant land, for sale by owner listings in Commerce or any other listing that is not available on the Realcomp website.  This also does not include houses that have recently sold or currently have an accepted offer.

  • The lowest priced house for sale is $22,000 for a 2 Bedroom 896 sq ft bank-owned ranch home.
  • The highest priced home for sale is $5.5 Million for a 9300 sq ft Lower Straits lakefront home.
  • The average selling price of these 185 houses for sale in Commerce Twp is $217,917.
  • The average days on market is 184 days (rounded down).
  • The average selling price of these 185 homes for sale is $294,767.
  • The average sq foot house listed for sale is 2297 sq ft for a $113 average price per sq ft on an average 1.15 acre lot.

If you currently live in Commerce Twp, Michigan or in Oakland County, Michigan and are considering selling your house, I would be happy to discuss with you how much your house is worth and what the market statistics are in your local community.

If you are considering buying a house in Commerce Twp, Michigan or in Oakland County, Michigan, whether it be on or off the water, foreclosure, short sale or not,  I would be happy to work with you to find you a great value on the right house for you.

Please feel free to call me, Christina Ehli, Realtor®, Real Estate Agent, at Keller Williams in Commerce Twp, Michigan at 248-830-6921. I am happy to assist you with all of your real estate needs, questions and concerns.

*Source:  RealComp.  Information for statistical purposes only. Information deemed reliable but is not guaranteed.