Posts from February 22nd, 2014

As a local lake realtor I wanted to share what I am seeing in Oakland County Lake real estate in February 2014.  We have not had many days in January or February that have gone over thirty degrees.  It has driven both lake buyers and lake home sellers of Oakland County inside.  Many are waiting for the spring weather or any warmer weather.  Many sellers do not want to list their home right now.  I have a list of at least 10 lake real estate and homes that are ready to put on the market, but the sellers are waiting for the snow to melt.  It is such an unusual year.  Normally we have warm spells where the snow completely melts.  Not this year.  We have had snow on the ground since the holidays.

Oakland County home values have gone up 16.9% over the past year and Zillow predicts they will rise 4.8% within the next year. The median list price per square foot in Oakland County is $119.   Last month 914 Oakland County Michigan homes sold and 192 of them were foreclosu...

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