Southeastern Michigan Real Estate Market Prices Up As Low Home Inventory Pushes Prices

MACOMB, Mich. - May 19, 2013 - PRLog -- Southeastern Michigan Real Estate Market Heats Up With Low Inventory, Rising Prices

Macomb MI. - In a surprising comeback for the national real estate market, a shortage of existing home inventory is contributing to rising prices, new construction, and frustrated buyers who are finding themselves unable to make a successful offer.

However, the trend is not limited to the $100,000 and lower price point, and not even to the normally "hot" markets that make the nightly news shows. Home buyers all over the country are increasingly hitting the bid out of fear that the perfect dream home will get away from them.

"We definitely want to see more $200,000 to $350,000 home sellers come into the market, because we need more inventory to offer the buyers we already have," says Rick Giese, associate broker with RE/MAX Advisors. Whose expertise includes homes and luxury condominiums in the Macomb and Oakland Counties of Southeastern Michigan (http://www.rickgiese.com).

"I have clients with $300,000 plus budgets who just can't find what they're looking for, so I'm encouraging them to be ready at a moment's notice to submit offers on new listings they like," he says. "The market has changed significantly. We don’t recommend sitting around even a few days on new listings, because by that time, homes can get multiple offers."

He says home prices overall have increased substantially, rising over 17.8% in the past year, and that is bringing some sellers out. But he says it's not enough to meet the needs of the current level of $200,000 to $350,000 home buyers.

"The Southeastern Michigan real estate market has gone from 9 months of inventory back in 2010-2012 to less than a month now. For homeowners whoare wanting to sell, especially that $200,000 to $350,000 price range of homes, this may be the perfect opportunity. I have buyers right now who aren't finding what they want says Rick Giese."

Although home values in Southeastern Michigan has seen almost a 20% rise prices the past 6 months. There are ways to help in making your home more valuable. Staging and curb appeal help a lot! Be sure to read my FREE Report at http://www.sellmyhomereports.com for tips and tricks to getting your home sold fast and for the most money the market will pay.
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Stay up to date with Real Estate news, Market Trends, Options and Solutions of Foreclosures and Short Sales on http://rickiegiese.realpropertytrends.com/

What’s my Macomb County Home worth today? Find out right online a http://instantbizsites.com/rickiegiese/house-value/ Or call Rick Giese today at 1-800-274-5656 for a free no obligation consultation or log on to http://www.rickgiese.com to find out what homes and condos are available for sale in Southeastern Michigan. Call Rick today – you’ll be glad you did.
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Rick is a Real Estate Associate Broker at RE/MAX Advisors. Serving Macomb, Oakland and Southern St Clair Counties Short Sales Realtor:

Phone: 1-800-274-5656. rick@rickgiese.com.

Rick Giese specializes in Helping homeowners get the most money the market will pay. Rick Giese can also help you with loan modification assistance and short sales in the Macomb, Oakland and southern St Clair County Areas of Michigan. Macomb Loan Modification Help, Macomb Short Sale Help. Oakland Short Sale Help Macomb and Oakland County MI our services are offering sellers another option besides pre-foreclosure foreclosure or bankruptcy that can affect their credit for years. We are currently offering our services in the Richmond, Shelby Township, Macomb Township, Chesterfield Township, New Baltimore, Clinton Township, Sterling Heights, Mount Clemens (Mt Clemens) Fraser, Harrison Township, Warren, Roseville, St Clair Shores areas of Macomb County Michigan Madison Heights, Troy, Clawson, Royal Oak, Rochester, Rochester Hills, Berkley, Birmingham areas of Oakland County