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”Suitcases for Kids” benefits children entering or in the foster home program by providing them needed personal items. REALTORS® are real estate licensees that are Members of a local Association of REALTORS® and subscribe to the Code of Ethics of the National Association of REALTORS®. The Southwestern Michigan Association of REALTORS is an advocate for their REALTOR® Members and actively promotes and protects private property rights for everyone. |
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March, 2013 – SWMI Housing Market Fewer Sales Higher Prices | 
ST. JOSEPH, MI – "The number of houses sold in March fell 12 percent below that sold a year ago. Twenty-eight fewer houses sold, but the increased selling prices pushed the total dollar volume up 13 percent. The average selling price in March jumped 28 percent to $171,140 compared to $134,007 in March 2012. Even greater news is that the March median selling price vaulted to $114,500 from $79,900 a year ago, a 43 percent increase. The average and median selling prices in March were 20 percent higher than February 2013 prices," stated Gary Walter, EVP, of the Southwestern Michigan Association of REALTORS®, Inc.
The Housing Market in Southwestern Michigan – March 2013 |
The number of houses sold in March landed 12 percent below that sold a year ago. Twenty-eight fewer houses sold but the increased selling prices pushed the total dollar volume up 13 percent. Sellers should be pleased to know that the average selling price in March jumped 28 percent to $171,140 compared to $134,007 in March 2012. Even greater news for sellers is that the March median selling price vaulted to $114,500 from $79,900 a year ago, a 43 percent increase. The March average and median selling prices were 20 percent higher than February 2013 prices.
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- February, 2013 – SWMI Housing Market Sales and Prices Continue to Rise
- The Housing Market in Southwestern Michigan – February, 2013
- The Housing Market in Southwestern Michigan – January 2013
- December 2012 – Local Housing Market in 2012 Showed Signs of Improving
- The Housing Market in Southwestern Michigan – November, 2012
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Member Profile in 60 Seconds
REALTOR® TV
Get the highlights in 60 seconds of NAR's 2013 Member Profile, released May 13, 2013. -
Marketplace Fairness Act Gains
REALTOR® TV
An NAR-backed bill to even the sales-tax playing field between online and bricks-and-mortar retailers clears a hurdle. NAR analysts explain NAR's interest in the bill. -
Sales Slip on Limited Inventory
REALTOR® TV
Low inventory is holding down March 2013 existing-home sales while prices continue to rise, NAR Chief Economist Lawrence Yun says April 22, 2013.
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3 game-changing reasons for getting started with Google Analytics [Infographic]
3 game-changing reasons for getting started with Google Analytics [Infographic]
For most people, analytics is one of those subjects that other people pay attention to. There are a number of reasons why this is the case: there’s not enough time, it doesn’t seem important, or maybe it seems way too[…]
Source: Inman News » Contributor Article
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Calculated Risk: Housing inventory won’t bottom until 2014 [VIDEO]
Calculated Risk: Housing inventory won’t bottom until 2014 [VIDEO]
Finance blogger Bill McBride sees near-term price increases exceeding expectationsFormer tech executive turned blogger Bill McBride was one of the first to suggest that homes were precariously overvalued back in 2005. When he spots a trend, people have learned to[…]
Source: Inman News » Contributor Article
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New ad campaign highlights California Realtors’ role in state economy
New ad campaign highlights California Realtors’ role in state economy
Ads to air on TV, the Web, radio and print in the stateThe California Association of Realtors announced a new TV, Web, radio and print ad campaign today that highlights the positive impact its 155,000 members have on the state’s[…]
Source: Inman News » Contributor Article
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National Association of Realtors to release national MLS
National Association of Realtors to release national MLS
Industry players breathe sigh of reliefA national multiple listing service run by the National Association of Realtors should be ready by late summer, the large trade association announced today.
NAR has been working for the last decade to put all[…]
Source: Inman News » Contributor Article
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April Fools’ Day real estate roundup
April Fools’ Day real estate roundup
Among today's stories: NAR shutters RPR, 'March Madness'-style home bidding system, real estate pro dating siteOn the first day of April each year, communities, businesses and news outlets come up with stories intended to fool, amuse, and, sometimes, satirize. Here’s[…]
Source: Inman News » Contributor Article
