Metro Detroit

NEWSLETTER: JULY 2023

July 18, 2023

SUMMER TIMELINES

FOR THOSE WITH PLANS BEYOND SUMMER TANLINES

Listen, there is still plenty of summer left, ok? Sure, it’s July and we’ve passed some official (Memorial Day, Independence Day), and unofficial (Jobbie Nooner) annual summer celebrations, but we still have SO much more to go.

That is… unless you were planning to move into a new school district prior to the start of the upcoming school year; those timelines are getting a little tight.

Particularly if you haven’t found anything yet, and especially if your preference is new home construction; spec homes that are completed or nearing completion have become as rare as a combined no-hitter in baseball (those who know, know).

Which is where we come in – if it’s out there, we know about it. Or we’ve heard things and can get the details, so you don’t have to.

On average it takes about 30 days to close a loan, so that only gives us a couple of weeks to find the home that works for you and your family + get you into that home before the school bell rings.

Connect with us, to get your search started ASAP!

In the meantime, our July 2023 Newsletter is happy to offer options from some of our friends that are move-in ready:

760 Bogie Lake by Kensington Family Homes

760 BOGIE LAKE | WHITE LAKE

$699,000

3 BED

2.5 BATH

1,954 SQFT

HURON VALLEY SCHOOLS

5801 Hartwick West Bloomfield by AP Builders.

5801 HARTWICK | WEST BLOOMFIELD

$598,875

2 BED

2 BATH

2,100 SQFT

WEST BLOOMFIELD SCHOOLS

5106 Shorham Clarkston by Pulte Homes

5016 SHORMAN | CLARKSTON

$579,990

3 BED

2.5 BATH

2,572 SQFT

CLARKSTON SCHOOLS

45502 Magnolia in Plymouth by Roberston Brothers Homes

45502 MAGNOLIA | PLYMOUTH

$899,419

4 BED

2.5 BATH

3,128 SQFT

PLYMOUTH/CANTON SCHOOLS


CURRENT LISTINGS

OUR NEW CONSTRUCTION COLLECTION

LOT #15 | WHISPERING RIDGE ESTATES

Progress continues on this BRAND NEW/NEVER-BEEN-BUILT ranch floor plan by Strathdale Development. Featuring 3 bed/2.5 bath/2,450 sqft, a 3-car garage, and a ton of high-end finishes, we anticipate completion this fall.

Located near Benstein & Glengary in Commerce, Whispering Ridge Estates is located in a particular section of the township that might be the only one which doesn’t require navigating 2-lane roads while winding around every lake in Oakland County, resulting in commute times that range from 30 min to the Donner Party. Yay! Connect with us for the details!


 

24191 TRAFALGAR CT | NOVI

Located near 10 Mile & Beck in the heart of Novi, and featuring award-winning/awe-inspiring/otherworldy/all-the-things Novi Schools, you can’t Novi any harder than this.

Built by Kensington Family Homes and priced at $975,000, this Ava floor plan features 5 bed/4 bath, over 3,000 sqft, and a 3-car side entry garage, along with all the luxury finishes you’ve come to expect from Kensington.

This home will be complete this fall.

Connect with us (if you’re already working with us), or reach out to Julie directly for the details.


OUR NOT NEW (BUT NEW TO YOU) COLLECTION

All of our current re-sale listings are under contract – YAY!


IN OTHER REAL ESTATE NEWS…

METRO DETROIT RESIDENTIAL CONSTRUCTION SLOWS

In what was a surprise to no one in our office, Crain’s reported last week that residential construction was down in Michigan, despite being at an 11-month high across the rest of the country. So far in 2023, permits were off by more than 20% year-to-date through May, while housing starts and builder confidence across the rest of the county seems to be soaring.

Sure, price increases in materials and labor (which inevitably leads to higher home prices) haven’t helped, but resale prices are up and in hot areas, bidding wars are very much still a thing. No, the most substantial roadblock we are dealing with locally is available land to develop, and builders willing to develop the land that is available… [read more]

THE BANK TOWER | SOUTHGATE

One of Southgate’s most recognizable buildings, vacant for the past 6 years or so and looming over Fort Sreet in abandoned disrepair, is getting new life as a residential development. Originally known as the Security Bank & Trust Tower when it opened in 1973, it will soon feature apartments ranging in size from studios to 2-story penthouses. Developer Gordon-Begin Properties will tackle the $46M project; work is expected to be complete by the first half of 2025… [read more]


BUILDERS: DON’T JUST LIST YOUR HOMES…

GET THEM IN FRONT OF THE RIGHT BUYERS!

Our website caters exclusively to new-home-specific buyers, so in addition to the usual audiences found on the MLS, Zillow, etc., we also bring you local buyers searching specifically for new homes, by creating original, organic content, and pairing it with a social media strategy that guides prospects directly to your listing; and we do it for less than what resale agents charge.

Get in touch to find out how we can sell your homes AND save you money in the process.


AGENTS: BECOME AN EXPERT…

WE ARE THE HOME FOR NEW HOME SPECIALISTS!

Join us. We are growing our national network of New Home Experts® agents across the United States and beyond.

If you are a builders sales rep looking for something different, or an agent/broker with a masterful level of experience selling or building new construction homes in your local market, we want to talk.

Set your business apart from competitors by focusing on this lucrative real estate sector; one that most other agents are either afraid of, intimidated by, or both.

Interested? Let’s chat about the life of an “expert” and if it’s the right path for your career.


CONTACT US

Questions about your new home search or our July 2023 newsletter? Call or email us today – we look forward to hearing from you! Not ready for that kind of commitment? Check out our new-home-specific-search and email us incognito. Use a name like Leigh King . We’ll never know it’s you…

Lou Bitove & Jeff Bortnick, owners of The New Home Experts®, have more than 40 years combined experience in real estate, much of that with builders like Pulte & Toll Brothers.  They also provide market research for area builders, developers and national firms.  If you’re considering a new home, remember: the builders rep represents the builder, not you.  Work with the only local agents in Metro Detroit to specialize in new homes, and save money in the process – ask us how!

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