Metro Detroit

NEWSLETTER: MARCH 2022

March 15, 2022
NHE

UPDATE: STILL (KINDA) CRAZY

SPECIFICALLY, REAL ESTATE; BUT ALSO EVERYTHING.

Ok, so where are we at? Mask regulations are easing and things are opening back up (both seasonally and pandemically speaking), but now gas is $5/gallon so we can’t afford to go anywhere. Got it.

All the more reason to focus on home. So, let’s chat about market conditions…

It’s still a little crazy out there; we’ve seen bidding wars soar to $75K over list price and beyond (multiple times), we’ve heard rumors about agents offering cash to other agents to snag their showing appointments because homes are selling before people can even get in to see them, and Lori actually went to the east side (as in Macomb, not like Eton Street) which is kind of non-related but still crazy and worth mentioning.

Hey, at least there is still new construction [smiley face emoji].

Sure, there are some hurdles when it comes to building, but the path to homeownership via new construction certainly seems to be the less painful/more realistic route at the moment, assuming you have help navigating the aforementioned hurdles.

That’s where we come in, because Experts. New Home Experts. Let’s plot your journey, AAA/triptik-style. We have maps!

Let’s chat.

(pictured above: A potential future bidding war being birthed; buy now and avoid the drama…)


CURRENT LISTINGS

OUR NEW CONSTRUCTION COLLECTION

LOT #1 | WHISPERING RIDGE ESTATES

Our first home in Whispering Ridge is almost done, and we are expecting to officially list it for sale towards the end of this month. Featuring the 4 bed/2.5 bath/2,760+ sqft Wellington plan by Strathdale Development, this home will be similar to what Strathdale has been building in Stonegate, only this will have a Gourmet Kitchen, trimmed & cased arches, and a leaded glass door on the study (with more upgrades to come). Check out the most recent pics (below) of our new modern-craftsman style trim!


 

LOT #3 | WHISPERING RIDGE ESTATES

Progress is being made on this expanded Wellington plan, though there is still time to make some of the interior selections. Featuring 4 bed/3.5 bath/over 3,000 sqft, a 3-car garage, and a ton of high-end finishes, we have not officially listed this home for sale yet but we expect it to be priced in the low-to-mid $600s.

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!


12912 BURGANDY | SOUTH LYON-ISH

Framing has begun, for the home that will (eventually) look like the one pictured above, in beautiful Burgundy Estates.

Built by Kensington Family Homes, this 4 bed/3.5 bath colonial features nearly 3,000 sqft, an open-concept floorplan wrapped with windows and flooded with natural light, as well as an attached 3-car garage.

We say “South Lyon-ish” because technically it’s in Green Oak Township (woo hoo, lower taxes!) but it features acclaimed/coveted South Lyon Schools.

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


4397 STEPPING STONE | FENTON

Our friends at Bristol Homes have something rarer than a 4-leaf clover or a 3-leaf (+1) clover with an exceptional tape job; a home that is nearly complete AND available!

This 3 bed/2.5 bath/2,000+ sqft ranch features soaring 9′ & 11′ ceilings, a modern/open layout, a 3-car garage, and gorgeous views of Marl Lake.

If you’re in the market for something new, time is of the essence, and your goal is to live in or near Fenton, this home is proof that things really seem to be coming together for you right about now.

Connect with Lou and Jeff (if you’re already working with us), or reach out to Julie & Jennifer 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…

THE EMERSON| FARMINGTON HILLS

Tired of the typical Mother Nature-inspired residential vistas (water, trees, etc), and would prefer observing the worst of human nature on a daily basis instead? We have excellent news for you… The Emerson is coming to 14 Mile & Northwestern, giving it’s east-facing residents a constant glimpse of the raging dumpster fire that is the most poorly navigated roundabout in Southeast Michigan. Located on the former site of Langan’s All-Star Lanes, the project calls for a 4-story, 250-unit apartment complex + a 3-story, 66-unit townhome community spread over the 6+ acre site where Orchard Lake Road, 14 Mile, and Northwestern Highway converge. The plan still needs a final site plan approval from the city’s planning commission… [read more]

FISHER 21 LOFTS | DETROIT

The historic Fisher Body 21 factory is set to undergo a $134M redevelopment, transforming it into 433 market rate and affordable apartments, 28,000 square-feet of commercial and retail space, and 15,000 square-feet of co-working space; the project is believed to be the largest African American-led development deal in Detroit’s history. Jackson Asset Management, and Hosey Development will team with Lewand Development to rehabilitate the 600,000 square-foot building. Located just east of New Center, and about 4-blocks from Woodward, it will represent one of the more prominent rehab/new construction projects in the emerging Milwaukee Junction neighborhood… [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.


CONTACT US

Questions about your new home search? 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 Emma Rhoids. We’ll never know it’s you…

Lou Bitove & Jeff Bortnick, owners of The New Home Experts®, have more than 35 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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