Sunday, February 5, 2012

Petoskey Real Estate & Foreclosures

by John on February 5, 2012

Petoskey MI homes for saleForeclosure Data Bank is currently showing 20 foreclosure properties in the Petoskey MI area:

  • 49770 = 9
  • 49727 = 4
  • 49720 = 3
  • 49712 = 2
  • 49713 = 2

Prices on these foreclosures range from $26,880 to $296,800.

According to RealtyTrac, 1 in every 1,356 housing units received a foreclosure filing in December 2011 ? that?s 7 new filings in December.

Foreclosure activity for Emmet County

Emmet County Foreclosures

The average listing price for Petoskey homes for sale on Trulia was $303,284 for the week ending Jan 25, which represents an increase of 7.1%, or $20,047, compared to the prior week and an increase of 2.7%, or $7,918, compared to the week ending Jan 04. The number of active listings in the area has declined 18.5% in the last two weeks ? look for this to increase sharply if the mild winter continues. We could see an early beginning to the home selling season in Petoskey.

Source: http://www.mipetoskey.com/real-estate/petoskey-real-estate-foreclosures/

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