Buying or selling a home can be either a buyer’s market or a seller’s market. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that when its a buyer’s market, it favors the buyers, not the sellers. It means external conditions—like supply and demand, comparable sales in the neighborhood, the economy, public opinion, confidence in the future, and changes in the tax laws, all which favor buyers. These factors create an ideal scenario for buyers in the real estate market. The greater the rise in inventory, the more negotiable the properties become and when its a buyer’s market, buyers are more likely to get a sweet deal on a purchase. Check out below to see what sold in Olde Orchard in August 2019:
24604 Olde Orchard Street, Novi: 3 bedrooms, 1.1 bathrooms, 1,058 sq. feet, Sold Price: $127,400
Olde Orchard Home Sold
August 2019
24567 Olde Orchard Street, Novi: 2 bedrooms, 1.1 bathrooms, 1,048 sq. feet, Sold Price: $155,000
Olde Orchard Home Sold
August 2019
If you are in the market for a new home, a buyer’s market is an ideal time to make your move. For more information on Olde Orchard, or similar Northville or Novi neighborhoods such as Crosswinds West, Lakewoode Parkhomes and Highland Lakes, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.