November 10th, 2011
October 2011 Home Sale comparison with October 2010
All information is collected from the respective Register of Deeds offices and these are the warranty deeds that were recorded in each of the two months. Warranty Deeds represent the legal transfer of title of real estate property.
Oakland County 2011 2010
all home sales 1,437 1,243 up 15.6%
home sales purchased by a person,s 1,240 1,037 up 19.5%
average sales price $179,760 $177,690 up 1.1%
number of new construction sales 94 90
Wayne County
all home sales 1,709 1,825 down 6.4%
home sales purchased by a person,s 1,184 1,212 down 2.4%
average sales price $90,850 $96,600 down 6%
number of new construction sales 54 101
Macomb County
all home sales 987 773 up 27.6%
home sales purchased by a person,s 806 615 up 31%
average sales price $115,710 $109,420 up 5.7%
number of new construction sales 95 81
Posted in Uncategorized | No Comments »
November 2nd, 2011
We collect all the corporation filings in Michigan and then all of the assumed names (DBA) in the Tri-County area, which consists of Wayne, Oakland and Macomb counties. We have been collecting new business recordings since 1985.
1. Here are some very interesting figures for corporations.
Since year 2005, corporation recordings have declined every year and are pace to an even lower number for 2011 - a potential decline of 36% over these years.
2005 21,739
2006 20,964
2007 19,277
2008 17,166
2009 15,741
2010 14,942
2011 through September 10,463 projected to be 13,950 for the year.
The same holds true for the assumed names in the Tri-County area.
2005 26,019
2006 20,341
2007 20,170
2008 18,356
2009 17,003
2010 14,906
2011 through mid-October 11,028 projected to be 13,930 for the year.
In the past, during recessions, the number of businesses has increased due to unemployed people starting up new businesses. But that has not happened the last several years. It points out how bad things really are in Michigan.
Steve Bartley
Advertising That Works
248-626-2264
www.advthatworks.com
Tags: business recordings, michigan new business recordings
Posted in statistics | No Comments »
July 19th, 2011
Wayne, Oakland, Macomb mortgage recordings June 2011
total number 6,549
median loan amount $118,123
average loan amount $204,758
Wayne, Oakland Macomb mortgage recordings June 2010
total number 6,571
median loan amount $114,853
average loan amount $217,801
Not much difference in the last year. Total number would include all commercial and residential mortgages. The average loan amount could have been higher last year because there may have been more commercial loans (which run larger than residential). Median amount is up this year implying larger home owner loans were being taken out.
All total numbers include purchases and refinances.
Posted in Uncategorized | No Comments »
July 15th, 2011
June home sales in Tri-County area
Home sales were down overall for June, 2011 compared to last year’s June for the Tri-County area. Home sales were actually UP in Oakland county but down in Wayne and Macomb counties.
June 2011
Oakland county all sales 1,569
Wayne county all sales 1,915
Macomb county all sales 875
June 2010
Oakland county all sales 1,473
Wayne county all sales 2,201
Macomb county all sales 1,030
Home sales where a person (persons) purchased the home and not a bank or company
June 2011
Oakland county all sales 1,404
Wayne county all sales 1,378
Macomb county all sales 718
June 2010
Oakland county all sales 1,289
Wayne county all sales 1,622
Macomb county all sales 863
In either case, home sales recorded were UP in Oakland county and DOWN in Wayne and Macomb counties.
All home sales include all purchases by persons, banks, HUD and companies. I’m not sure that is truly representative of “real” home sales. The second set of home sales show purchases by people not companies.
All these figures are from warranty deeds recorded at each county office. They do not include sheriff deeds or land contracts where the legal title of the property does not yet change hands.
Steve Bartley
Advertising That Works
248-626-2264
www.advthatworks.com
Posted in Uncategorized | No Comments »
January 17th, 2011
BREAKDOWN OF SALES IN BLOOMFIELD HILLS 2004-2010
For all of those interested in how home sales in Bloomfield Hills have gone over the last 7 years, here are some figures for you. I pulled Bloomfield Hills out because it’s where my house is and last year I disputed my taxable value of my home during the tax season. When you get your tax bill, you may want to get some figures like this for your city.
YEAR PURCHASES AVG VALUE MEDIAN VALUE
BY INDIVIDUALS
2004 1,020 $415,680 $340,000
2005 906 $522,870 $350,000
2006 721 $493,680 $352,000
2007 543 $459,240 $348,500
2008 557 $370,190 $300,000
2009 478 $323,380 $255,000
2010 702 $338,940 $251,000
Notice how the number of sales and the sales prices peaked in the 2004-2007 period. There was a big jump in 2010 in the number of sales but notice that the median value has dropped to the lowest in seven years.
Please feel free to use these figures in your publications or reports or dinner conversations. Call me for more information
Steve Bartley
Advertising That Works
248-626-2264
www.advthatworks.com
Posted in Uncategorized | No Comments »
July 28th, 2008
The best way, the most successful way, the easiest way, the cheapest way to get new business is from your current clients. They can give you more business in two different ways: they can use your services more often or they can refer you to one or more of their friends. Contact your current clients on a regular basis. Let them know that you have not forgotten about them and they will not forget about you.
It’s a simple thing. It took you a lot of time, effort, energy, and money to get your current clients. DON’T FORGET ABOUT THEM while you drum up new business from other sources. Phone them, mail to them, do whatever you can to keep in constant touch with them. You will be paid back many, many times over for your efforts.
It’s paramount that you keep in constant touch with your current clients. Wish them HAPPY BIRTHDAY; congrats on the new kid, new job, new car, new home; send them cards, notes, inexpensive gifts.
Every one of your clients has several friends and business contacts who could also use your services. Some businesses live and die with REFERRAL business.
But you can’t just sit by the phone and HOPE that someone calls you - because then no one will. You have to make it happen for yourself!
And then all you have to do is…. ASK FOR MORE BUSINESS!!! There is a saying: “Be careful what you ask for, you just might get it”. Keep in constant touch with your clients. Ask your current clients for referrals, let them know you are looking for new business. You will never know the exact day when they will need YOUR SERVICES or when they have the opportunity to refer your name to someone else. If you keep in touch, then your name will be on the tips of their tongues.
Good luck in your business. Be successful! Let me know if there is any way that I can help you market your business.
Posted in Marketing Tips | 4 Comments »