Interesting Zillow Report on Current Market Conditions and Seller Perceptions

I thought you might find this interesting. Each quarter Zillow does a Homeowner Confidence Survey, we just released Q2 findings. This quarter we found 62% of homeowners believe their home’s value has increased or stayed the same in the past year yet 77% of U.S. homes actually declined in value.

To read the entire report click on the link below

www.michiganhomes.net/Blogg/Evasblogg/zillowreport.htm

Chance to Win A Smart Car

Hi Everyone, call Eva for your raffle ticket at 248-320-9100. The Drawing is October 31, 2008

Foreclosures Scooped Up!!

Follow this link to read the Article in the Thursday August 14th Edition of the Macomb Daily:

http://macombdaily.com/stories/081408/loc_local02.shtml

Gina La Duca

Amazing Deal in Franklin for $549,000

Newer and crisp, this fabulous 1st floor master home is situated far back off the main road on nearly 1.5 gorgeous and private acres. The lot is completely wooded with expansive grounds, tall trees, stone patios, brick walkways and mature landscaping. The house has a modern exterior with a premium elevation of red brick, stone, a gabled roof line and a charming covered front porch. The interior offers tons of sunlight fresh modern paint and gorgeous bay windows that take advantage of the expansive nature views. With two story ceilings, large casement and floor to ceiling windows, skylights and interesting ceiling angles the architecture has a modern style.
View more photos and a full description at: www.MichiganHomes.Net

The Latest Market Condition Reports

Hello everyone,

Check out the latest Real Estate Numbers and Sales for Oakland County. Just click the links below:

http://www.michiganhomes.net/pdf/rt/mkaug.htm

http://www.michiganhomes.net/pdf/rt/mk2aug.htm

Gina La Duca

Update from Gina La Duca - Eva's Assistant

View Eva's latest real estate news for August at

http://www.michiganhomes.net/

You can also view it directly at:
http://realtytimes.com/c/EvaMorrow

Mortgage Interest Rate News

Mortgage bond prices fell last week pushing mortgage interest rates higher. Inflation readings the first part of the week set the tone. Rates remained worse the middle portion of the week following the Fed meeting and significant stock strength. Fortunately that trend reversed the latter portion of the week helped by higher than expected weekly jobless claims and strong foreign demand for US debt. This helped mortgage bonds recover some of the earlier losses. For the week, interest rates on government and conventional loans rose by about 3/8 of a discount point.
The consumer price index Thursday will be the most important event this week. Be cautious heading into the other data releases as they still have the potential to result in market volatility.

Welcome to my new Blog!

Hello everyone! Welcome to my new Blog. Ok so I'm finally getting on board with this Blogging stuff!!! This is a great way to interact with all my clients at once. This Blog will be updated with new real estate news articles and many links to things I think you might find interesting. You can also use this web tool to ask me any real estate questions. We'll give it a try and see how it works out for everyone.