PAST ALLEN PARK INSIDERS

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Thank you for visiting my website, a tiny peek at Allen Park Real Estate, History and some fun all rolled into one of billions of websites on the world wide web.  It is a miracle you found me!  If you like reading my dashing prose, go to the second page to see former copies of THE ALLEN PARK INSIDER.  You can also see some of my current listings on another page, when I get around to updating this thing.  The last page has some links to very important websites that have affected many peoples lives.  My ultimate goal is to make my phone ring with your questions about Allen Park Real Estate so I can continue to live in the manner I am adjusting to (50% paycut in the past five years).


Lynn Ketelhut-The Allen Park Insider

Click the link at the top of the page to see past issues of The Allen Park Insider.


ALLEN PARK SALES REPORT 
JANUARY 9, 2012
Total houses sold in 2009-349
Average sales price in 2009- $73,680.00 

Total houses sold in 2010-341
Average sales price in 2010-$69,993

Total house sold in 2011-76
Average sales price in 2011-$66,187.00

Houses currently on the market-83
Average List Price-$79,448.00
  Sales statistics courtesy of-REALCOMP MLS


2012 turned out to be the 2nd best year for units sold in the past 26 years that I have been in business.  Average sales price continued its downward trend for the sixth year in a row ending at $66,187.00.  That figure takes us all the way back to the 1988 average sales price and a total of $84,205.00 in lost equity since the 2005 high mark of $150,392.00.  It is not as bad as it may seem though.  If I take out the 44% of sales that were HUD or Bank Owned foreclosures, 214 sales are left for an average sales price of $79,975 or 1993 era prices.  Still not great.  Where is the outrage?  Until we can stop the foreclosures, we will never get out of this recession.  We need to have people working.  

Until our wages fall, just as our home prices have fallen, we will not be able to compete on an International Level.  We are not an island any longer.  Most of us have taken a huge hit in what we make, whether it is reduced pay, benefits or hours.  Many of us have done our part.  For an example, Realtors have taken a 56% paycut due to the fact that our pay is directly tied to the average sales price. Government spending needs to be drastically reduced from the local, all the way to the Federal level.      
 
 If you are curious what your home would go for in todays market, feel free to give me a call.  I would be happy to give you an estimate...it would be my pleasure.
LYNN KETELHUT-BROKER

LYNN A KETELHUT
PARK AVENUE REALTY, INC.
6838 PARK AVENUE
ALLEN PARK, MI 48101
313-673-9640-Cell
313-382-2300-Office
313-382-2309-Fax

lynnketelhut@hotmail.com(e-mail)

 


PAST... AMBITION
BEYOND... DETERMINATION
AFTER... HARD WORK
LIES... SUCCESS
NEVER LET UP!