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David Mueller and Associates Team Members have over 40 years in the Ann Arbor real estate and Washtenaw County real estate area providing firsthand knowledge of neighborhoods, schools, parks, shopping and market conditions. With exclusive and separate representation for Buyers and Sellers, 18 years of real estate experience and over 1700 homes sold and $280 Million in Personal Production we take the uncertainty out of buying and selling your home.

When you hire David you DON"T get just David..You get his entire team of talented professionals and Ann Arbor Realtors to handle every aspect and detail of your Home Buying and Home Selling Experience:

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Our mission is to have every one of our clients become clients for life!

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Selling Real Estate in Ann Arbor Area and Washtenaw County...

 

Ann Arbor Real EstateIf you're selling a home in the Ann Arbor Area or Washtenaw Countythe Exposure Engine™ gets your home out there FAST! With David Mueller and Associates as your listing agents, your home will be listed on eBay, trulia, Yahoo Classifieds, CraigsList, The New York Times, and the list of syndication sites keeps growing! Your home will also have its own website with a Seller Login! You can login and check the number of views your home is getting, along with adding any notes! 

Receive a complimentary Home Evaluation and find out your home's current market value online FREE with no obligation!  Browse our FREE Seller Information and find out how we can help you sell quicker and for top dollar! 

We look forward to helping you find your dream home and/or get your home sold! We are your Ann Arbor Real Estate experts.

 

 


Homebuyer Tax Credit UPDATE

Home Buyer Tax Credit


As the deadline for the First-Time Homebuyer Tax Credit crept closer, it became a clear priority on the Hill. An extended and expanded home buyer tax credit is a part of a larger bill that also extends unemployment benefits. This bill was signed by President Obama on Friday, November 6. 

 

 

The bill essentially remains intact but has a handful of important changes:

  Previous Provisions

 

New Provisions
Effective Date January 1, 2009 November 7, 2009
Deadline Close before December 1, 2009
  • Contract signed before May 1, 2010, must close before July 1, 2010
  • Members of the uniformed services, foreign services, and intelligence employees who served an extended service of 90 days will have until April 30, 2011 and June 30, 2011.
Amount
  • First-Timers: maximum of $8,000 or 10% of sales price
  • Prior Owners: $0
  • First-Timers: Unchanged
  • Prior Owners: $6,500 if lived in prior home for at least 5 consecutive years of past 8 years
Income Limit
  • Individual: $75,000
  • Couple: $150,000
  • Individual: $125,000
  • Couple: $225,000
Other Restrictions Home must be primary residence for at least 3 years. If home is sold or buyer moves before 3 years, must re-pay full $8,000.
  • Buyer must be at least 18 years old and not classified as a dependent for tax purposes
  • Home must cost less than $800,000
  • Home must be primary residence for at least 3 years. If home is sold or buyer moves, before 3 years, must re-pay full amount of credit. Exception for military, foreign services, or intelligence with extended 90 days service overseas.
How to claim If purchased in 2009, by amending 2009 tax return or claiming on 2010 tax return If purchased in 2010, by amending 2010 tax return or claiming on 2011 tax return

As a Keller Williams Ann Arbor Realtors, Our Buyer agents will comfortably guide you through this process.

Call me today to find your dream home today. David Mueller and Associates 734-677-6699.


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Washtenaw County Short Sales

 


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October 2009 Housing Statistics


For immediate release

November 12, 2009


 

 

Ann Arbor Area Board of REALTORS®


 

Thanks to the first-time Homebuyer Tax Credit and continued low interest rates, October

2009 was a good month for residential real estate sales. There were 277 residential properties sold in October, an 11.2 percent increase over October 2008. Condominium sales

for October were stable, consistent with last year. The recent extension and expansion of the homebuyer tax credit is expected to continue the positive market activity.

 

Lawrence Yun, National Association of REALTORS® (NAR) chief economist, said the tax credit is a significant factor. “We can’t underestimate just how powerful a catalyst the first- time home buyer tax credit has been for the housing sector,” he said. “It’s given buyers the confidence they needed to get off the fence and take advantage of extremely affordable housing conditions. The buying conditions this year are the most favorable on record dating back to 1970, but the tax credit is allowing buyers to set aside any reservations about waiting for a better deal.”

 

 



 

 

ANN ARBOR AREA BOARD OF REALTORS®

MLS SALES REPORT


11/9/2009 3:29 PM


 

 

Oct-08

YTD-08

Oct-09

YTD-09

 

LISTINGS: Vacant Commercial Farm

   Income Residential Condo

 

Bus Op

Total:

 

 

85

48

1

20

655

146

               3

958

 

 

1,076

423

24

286

7,677

1,753

             43

11,282

 

 

98

32

-

12

502

98

               4

746

 

 

986

337

20

173

6,055

1,277

             32

8,880

 

SALES/AVG MKT DAYS:

Vacant Commercial Farm

Income Residential Condo

Bus Op

Total Sales:

 

 

4               119

6               260

0                   0

3               109

249                 70

55                115

0                   0

317

 

 

59                220

62                251

3               107

41                111

2,648                 81

532                165

3                 77

3,348

 

 

6              161

9              386

0                   0

6                 76

277                69

52               132

1              237

351

 

 

70               169

62               233

2               250

41               139

2,524                 72

512               101

2               173

3,213

 

VOLUME: Vacant Commercial Farm

   Income Residential Condo

 

Bus Op

Total

 

 

$              748,000

$            1,472,310

$                      -

$              251,250

$          46,394,794

$            9,535,225

$                     -   

$          58,401,579

 

 

$              8,009,740

$              8,715,660

$                 939,000

$              8,083,644

$          574,306,741

$            87,742,757

$                214,500

$          688,012,042

 

 

$              382,000

$            2,201,503

$                      -

$              867,610

$          47,837,465

$            6,984,146

$              220,000

$          58,492,724

 

 

$              6,298,500

$              7,206,991

$                 630,000

$              8,162,576

$          462,966,493

$            64,747,450

$                253,000

$          550,265,010

 

SAS

SAS Fall Thru's

Withdrawals

 

102

40

427

 

1,158

349

4,134

 

106

21

291

 

1,237

325

3,334

 

MEDIAN SALES PRICES:

Vacant Commercial Farm Income Residential Condo

Bus Op

 

 

$              162,500

$              108,750

$                      -

$                45,000

$              156,100

$              135,000

$                      -

 

 

$                   96,000

$                   26,988

$                 270,000

$                 182,000

$                 185,000

$                 142,250

$                   92,500

 

 

$                53,500

$                80,000

$                          -

$              115,250

$              150,000

$              119,950

$              220,000

 

 

$                   59,500

$                   24,720

$                 315,000

$                 135,000

$                 151,574

$                 115,000

$                 253,000

 

RESIDENTIAL AVG: AVERAGE List Price AVERAGE Sale Price

% Sold  > List Price

% Sold @ List Price

 

 

$              200,719

$              186,324

9%

18%

 

 

$                 229,108

$                 216,883

9%

16%

 

 

$              181,085

$              172,698

25%

12%

 

 

$                 194,595

$                 183,426

20%

10%


New Construction YTD: Sold 44 /$14,334,476 Dollar Volume  /$333,360 Average Sold Price  /113  Days on Mkt.


 

Ann Arbor Realtors

Professional Southeast Michigan and Ann Arbor Real Estate Agents

Your Ann Arbor Realtors and Ann Arbor Real Estate experts

Keller Williams Ann Arbor Market Center

2144 S. State St

Ann Arbor MI 48104

734-677-6699

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You can find great local Ann Arbor Real Estate information on Localism.com David Mueller, Ann Arbor Real Estate Specialist is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate agents and professionals grow their business.
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