Home Sales Down by 17% in Ann Arbor With Home Buyer Credit Gone

Well I thought this would happen, after the home buyer tax credit the amount of home sales in April of 2011 decreased by 17% from last April.

That is why we need to leave the market alone and let it adjust on it’s own.

The good news is we are up almost 10% from last month in Ann Arbor area home sales.The interest rates are still low which is amazing to me. But, exciting for the buyers working with Missy Caulk & TEAM.

Here are the graphs based broken down my area’s throughout Washtenaw County.













Condo Sales in Ann Arbor












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One thought on “Home Sales Down by 17% in Ann Arbor With Home Buyer Credit Gone

  1. Unfortunately, we’re going to see this result nationwide. At least, Ann Arbor fared much better than Seattle…we’re down 25% (37% for condos) from last April.

Thoughts?