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Health & Fitness

Real Estate in Lakewood: It is a-changing

Transitioning from buyer's market to seller's market — on some homes...got one?

I've been working as a Lakewood Realtor(R) for 6+ years and I show a lot of homes in Lakewood. I also SELL a fair amount of homes here. I'm noticing a trend that I think we homeowners should pay attention to.

The "market" is changing. We are transitioning from what was a buyer's market to what is rapidly becoming a seller's market...on individual homes. It's a strange phenomenon because a home that has sat on the market for some time MAY continue to sit some more, while a home that went up on Saturday is sold by the following THURS and at a great price. I bet you want that!

In real estate its always the same 3 things: Price, location and/or condition. That's why your house does or doesn't sell...sounds so boring.

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Here's how its working now:

1) House is clean, uncluttered, priced exactly right for its condition, it gets a lot of showings, gets an offer, SOLD!

Find out what's happening in Lakewoodwith free, real-time updates from Patch.

So what? you say...

Let's make it real....

1) I have some buyers looking between Manor Park and Woodward. Close to Detroit (the downtown area): 3 bedrms, 2 ba, 1800 sq ft, fenced yard, hardwood, up to $200K....GOT ANYTHING?:??

When's the last time you heard someone WAITING for a house to come up?

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