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Are we really in a declining market?
Reading the newspapers these days can put anybody into a depression. Headlines tell about high foreclosure rates, subprime market woes and house values decreasing. Our local paper, the Ann Arbor News, runs these national articles almost daily. If you live in Michigan, this all appears as old news. We, as a state, have been mired in a recession for several years. Massive layoffs, homes losing value and politicians pointing fingers are the headlines we are accustomed to seeing.
But I think Michigan is ahead of the curve and on the rebound. According to the graph below, provided by the Affinity Valuation Group, show Ann Arbor (specifically) and Michigan (in general) trending upwards in both average sales price and sales volume. It looks like we hit bottom in Spring of 2007 and have begun a recovery.
If I was a home buyer waiting in the wings for the best prices, I would act now while the perception of falling prices is still out there and the upward trends are not being mentioned in the headlines.
 About the Ann Arbor, Ypsilanti and Chelsea Real Estate Market The real estate market in the Ann Arbor area is changing rapidly. It is different today than it has been for the last 20 years. Of course, the market varies greatly from neighborhood to neighborhood even within Washtenaw County. Fill out the form at the bottom of this page to request our relocation package, request a comparative market analysis of your home or to contact the Linda Lombardini Team for up to the minute, accurate information about our local real estate market. I'll send it to you for free and without obligation. Which neighborhoods offer the best values? It's my job to help! Ask me any question, or request my FREE relocation package of information on Ann Arbor, Ypsilanti and Chelsea. There's no obligation, and I promise to respond quickly... 
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Linda Lombardini
Trillium Real Estate
323 Braun Court
Ann Arbor, MI 48104
Office: 734-302-3011
Fax: 734-302-3099
Mobile: 734-216-6415
Text Me: 734-216-6415
Email: Linda@TrilliumRealtors.com
Call or text Linda at 734-216-6415.
Linda Lombardini, a Realtor® since 1991, focuses always on counseling her clients so they may make sound real estate decisions. She is known throughout the Ann Arbor market for the high level of integrity that she brings to her real estate practice. Linda will be serving as President of the Ann Arbor Area Board of Realtors® in 2012. She is also a member of the board's Professional Standards Committees and has served on numerous nonprofit boards and City of Ann Arbor task forces. Linda’s expertise is in helping people buy and sell residential real estate, including homes, condos, new construction and vacant land in Washtenaw County and surrounding areas, including Ann Arbor, Chelsea, Dexter, Grass Lake, Milan, Pinckney, Saline, Whitmore Lake and Ypsilanti.     
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