My New Blog Why this is a good market if you are selling and buying in the same area. January 24th, 2011 7:13 PM This may seem like a bold statement.       Consider this!  In 1983 when the market was this slow the rate was 19% and homes were selling via land contracts.  Today the rates are  3.9 to 5 percent.  If you are staying in Michigan and selling in the same area things couldn't be better.  If you have a $150,000 home to sell and take a 15% loss and sell for $127,500, you can expect to make up your gain on the $250,000 house you will buy.  A $250,000 house with the same 15% loss should reduce that home to around $212,000 or a $15,000 gain.  The great news is you get a good deal with super low payments Posted by Doug Cooke on January 24th, 2011 7:13 PMPost a Comment (0) Subscribe to this blog * Name: * Email Address: URL: Comment: Type the characters you see in this picture, click "Submit" when finished.   This helps us prevent automated programs from posting comments and sending spam. * Name: * Email Address: Address: City: State: Zip:   This helps us prevent automated programs from creating bogus contacts and adding them to your contacts database.

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