ANN ARBOR & REAL ESTATE

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    (painters, plumbers, etc)
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Ann Arbor Area Board of Realtors

Tell me about the Real Estate Market in Ann Arbor.

Ann Arbor is a very unique market. It tends to be recession proof. With all the comings and goings associated with the University of Michigan, and, of course, the transferring that occurs with the major employers in the city, along with the "Big Three"automotive manufacturers just 30-40 minutes away, there is always a good market for the future seller.

According to the State of Michigan's Department of Labor and Economic Growth, Washtenaw county had the lowest unemployment in the state at a rate of 8.8%, compared with a state unemployment rate of 14.6% in December, 2009.

Home values (read prices) appreciate at a brisk pace. It behooves an individual to get into the market as quickly as possible. While one can never guarantee the future, history supports the continual, across the board, appreciation of the housing market in Ann Arbor.

As real estate agents in Ann Arbor, we often witness sticker shock with the incoming purchaser. It is easy to confuse Ann Arbor with a small town and expect to take advantage of the perceived situation. However, what many people find is a sophisticated city, with sophisticated sellers. Once the shock is overcome, the purchaser can better understand where they are and the advantages of being here, and we can find a suitable and desirable home for them.

The Charles Reinhart Company is the consistent leader for real estate in the Ann Arbor area. The unparralled support services offered to our agents is the envy of our competitors.