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MLS Statstics 2003-2007
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 My job as a real estate professional is to provide you with as much valuable information as possible. It is essential that as a Seller you should be aware of all aspects of the real estate market before making a major decision. People ask me daily "what's the market like" so I have decided to make available the actual statistics complied by the Multiple Listing Service.
Did you know that in 2003 there were 10,993 properties listed for sale in Macomb County and in 2006 there were 38,415 listings! Want to know how many homes actually sold for those years? The numbers will surprise you!
The only numbers that I believe the MLS is not accurate with in this report is the days on the market. Many times people list, relist, take the home off the market, then put it back on and unfortunately, the tracking of actual days on the market has not been tracked to account for these different listings.
If you are thinking about selling your home, you need to see this report. It's a real eye opener to take a look at just what has happened in the last 4 years to our real estate market.
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“Profit occurs when preparation and experience meet opportunity."
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 When it’s time to sell, you must be confident that every element of negotiating the best terms and the highest price has been set before your home is even listed.
Start with the resources I’ve provided. There is no charge for this information. These will help get you started in terms of assessing your real estate situation and planning for a stress-free and successful sale.
The real estate market in Macomb County and Michigan in general has taken us into a buyer's market and it takes an experienced professional to move your house quickly, professionally, and profitably.
Please scroll down to read the Free Reports I've provided and facts about Tax Advantages of home ownership and the deductions you can take when filing your income tax returns.
When you’ve decided to sell, I will be your advocate, your guide, and your fierce negotiator. I will work hard to make yours a great sale.
Give me a call when you are ready to get professional advice! I'm here to help you and I look forward to it.
Dolores Gaskell, C-CREC
Keller Williams Realty Lakeside
45609 Village Blvd.
Shelby Twp., MI 48315
586-438-3038 (Direct Line)
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Determine the Right Selling Price for Your Home
When you’re selling your home, the price you set is a critical factor in the return you’ll receive...
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Selling Your Home: Where do you begin?
Now that you're selling your home, you'll need to look at it as if you were buying it all over again...
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Avoid the Most Common Selling Mistakes
There are some common errors that can be avoided when you are selling your home. I want to make sure you are well informed...
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The Sweet Smell of a Successful Sale
Remember that potential buyers want to imagine themselves calling your house their home...
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The Best Way to Sell Your House...Get Lost!
When you are showing your home, the best thing you can do is to make yourself scarce...
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TAX ADVANTAGES TO OWING A HOME
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Tax Advantages
One great advantage to owning a home are the potential tax benefits. For over 75 years, the U.S. government has given significant tax breaks to homeowners. Most states permit the same deductions. For specific information on how home ownership will affect your taxes, be sure to ask your tax advisor.
In most cases, for your primary residence
you can deduct:
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Interest on your home loan |
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Property taxes |
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Discount Points |
These expenses are deducted from GROSS INCOME before calculating the taxes owed. So if you pay $12,000 a year in home equity loan interest, you deduct $12,000 from your gross income. That's $12,000 less of your income that can be taxed if you already itemize deductions. Which can make a huge difference in your tax bill. (Figures cited are for example only.) 
Some important points to consider:
The tax benefit is particularly attractive during the early years of the loan because a higher proportion of your early payments go to paying interest and that's precisely what's deductible.
You can take these tax deductions only if you itemize your deductions (rather than using the standard deduction).
You'll get a tax break as well on any appreciation in value when you sell your home. Indivuals can net up to $250,000 ($500,000 for a married couple). Restrictions apply, so ask your tax advisor. Also click the link to get more information about Capital Gains.
Capital Gains
Home expenses that typically aren't tax-deductible:
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Home improvement expenses (other than interest on a home improvement loan) |
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Closing costs, except for prorated property taxes and discount points |
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Real estate commissions |
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Home inspection, appraisal or loan application fees |
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Homeowner and co-op dues |
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Homeowners, flood and other insurance costs |
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Mortgage insurance | | | |
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USEFUL ARTICLES TO READ
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House prices are falling in much of the country, and more than 4 million dwellings are on the market. That's bad news for sellers, because buyers feel free to make lowball offers and then just wait.
It's a buyer's market, but don't despair. . .
Click on the link below to read the full article!
5 Tips: Selling a House in a Buyer's Market
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There are currently no Links.
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