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The Reinhart Blog

Welcome to the Charles Reinhart Company, Ray Abraham

We are excited to welcome Ray Abraham to the Charles Reinhart Company, Realtors

Abraham,RayBorn in Livonia, Ray Abraham moved to the Ann Arbor area 2 years ago. He started his real estate career over a year ago as an associate in Adrian, Michigan.

When not out selling homes, he spends his free time writing, reading, or cycling. Ray now works out of the Chelsea office – 800 S. Main – and can be reached by phone at 248-826-4342, or by email at rabraham@reinhartrealtors.com.

Are you interested in learning more about a career in real estate?  Take our online Career Assessment  to help you determine if a career in real estate is right for you.

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Desirable Two Story Colonial in Ann Arbor

FeaturedFriListing_2016

This week we are featuring Robert Garcia’s listing – 2710 Ember Way, Ann Arbor, MI 48104

2710 Ember Way - Ann Arbor, MIQ. Can you describe the architectural style of the home?
This is a traditional two story colonial with six bedrooms.

2710 Ember Way - Great Room 2Q. What distinctive features set this home apart?
An addition expanded the living space of the home which allowed for a larger first floor master bedroom, connected the master bedroom to a lounge area and created a great room.

2710 Ember Way - KitchenQ. What are the advantages of the location & neighborhood?
The house is located next to the natural scenery of Ponds Park and Packard Road. This gives you the beauty of wildlife with easy access to the University of Michigan or downtown Ann Arbor.

2710 Ember Way - Master SuiteQ. Have there been any recent renovations or upgrades?
The fully finished 1700 sq. ft. lower level features a bar, recreation area, home theater, as well as two spaces that can be utilized as bedrooms.

2710 Ember Way - BedroomQ. What makes the price of this home so great?
The previous owner was a professional interior designer who maintained and enhanced the high quality of the home. The spacious walkout basement is perfect for entertaining or relaxing with friends and family.

2710 Ember Way - Lower LevelQ. Is there anything else you’d like to tell us about the home?
Upstairs you will find three bedrooms, one bedroom has a bonus room attached that would be perfect for a playroom.

2710 Ember Way - DeckFor more information about 2710 Ember Way, Ann Arbor, MI contact Robert Garcia at 734-353-0067.

Are you looking for a home in Ann Arbor?  

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You Can Buy a Home With Less Than 20% Down Payment

A survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today.

1.Down Payment

The survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 36% think a 20% down payment is always required. In actuality, there are many loans written with a down payment of 3% or less.  Call us to discuss loan options with no down payment.

2.FICO Scores

FICO Score

The survey also reported that two-thirds of the respondents believe they need a very good credit score to buy a home, with 45 percent thinking a “good credit score” is over 780. In actuality, the average FICO scores of approved conventional and FHA mortgages are much lower. The average conventional loan closed in March had a credit score of 753, while FHA mortgages closed with a 685 score. The averageacross all loans closed in March was 722. The chart below shows the distribution of FICO Scores for loans approved in March.

Source: EllieMae

 

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Gorgeous 2 Story Colonial in Saline

FeaturedFriListing_2016

This week we are featuring Dana Vespremi’s listing – 4835 Meridian Court, Saline, MI 48176

4835 Meridian Court, Saline, MIQ.Can you describe the architectural style of the home?
This exceptional 4 bedroom, 2 story colonial has nearly 3,000 sq. ft.

4835 Meridian Court - Entry

Q.What distinctive features set this home apart?
Bonus room upstairs could easily be converted into a 5th bedroom.

4835 Meridian Court - Living

Q.What are the advantages of the location & neighborhood?
The home backs to 50 acres of private woods, trails and ponds.

4835 Meridian Court - Kitchen2

Q.What amazing views will the new homeowner be able to enjoy?
The breakfast nook and kitchen look out onto 50 acres of private woods, trails and ponds teeming with wildlife.

4835 Meridian Court - Kitchen

Q.Have there been any recent renovations or upgrades?
The newly built Trex deck has ample space for dining and entertaining.

4835 Meridian Court -Bedroom

Q.What makes the price of this home so great?
Enjoy moving into a new home, built in 2011, without having to spend a lot of money on landscaping, window treatments or a deck. There are not many homes for sale at this price in Saline.

4835 Meridian Court - Deck

Q. Is there anything else you’d like to tell us about the home?
Don’t let the modest exterior fool you the interior is gorgeous and completely move-in ready.

4835 Meridian Court - Yard

Come see the property in person at the open house this Sunday, May 15, from 1:00pm to 3:00pm.

For more information about 4835 Meridian Court, Saline, MI contact Dana Vespremi at 734-904-3868.

Are you looking for homes for sale in Saline, MI?

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Spring Real Estate Trends in Ann Arbor Area

National Home Sales

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that in the Northeast and Midwest, existing-home sales bounced back in March and remained slightly up from a year ago.  Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, jumped 5.1 percent.

Properties typically stayed on the market for 47 days in March, a decrease from 59 days in February.

The median price in the Midwest was $174,800, up 7.0 percent from a year ago.

 

Local Homes Sale

Ann Arbor is one of the hottest real estate markets in the state of Michigan.  Buyer demand is increasing as the inventory of homes available for sale remains low. With 36% of homes selling in 10 days or less, and 56% within 30 days or less, buyers will need to be diligent, patient and also prepared to move quickly when the right home pops up.

Listings Per Buyer Ratio

In the under $250,000 markets, where the inventories are the tightest, values per square foot jumped 8% over the first quarter of 2015. In the $250,000-$500,000 markets, with both sales and inventories rising, values rose just under 4%. In the over $500,000 markets both For Sale inventories and sales increased as well, while values per square foot took an unexpected jump of close to 10%.

Overall, in the Ann Arbor area the first quarter trends still show strong buyer demand across all price points.  Inventories are tight with a strong seller’s market under $250,000, while in the $250,000-$500,000 price point it is a seller’s-neutral market. We are moving towards a buyer’s market over $500,000.

 

If you are thinking about buying or listing your home for sale this year, meet with a local real estate professional who can help you take advantage of current market conditions.

Sources :
National Association of Realtors
Real Estate One

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Desirable Home in Arbor Woods

FeaturedFriListing_2016

This week we are featuring Thomas Bradshaw’s listing  – 3113 Hawks Avenue, Ann Arbor, MI 48108

3113 Hawks Avenue-Ann ArborQ. Can you describe the architectural style of the home?
Traditional colonial

3113 Hawks Avenue-EntryQ.What distinctive features set this home apart?
The well-designed kitchen with breakfast bar and nook provides space for meals and entertaining.

 

3113 Hawks Avenue- KitchenQ. Have there been any recent renovations or upgrades?
The home features new wood flooring throughout the main level.

 

3113 Hawks Avenue-Living roomQ.What are the advantages of the location & neighborhood?
Close proximity to University of Michigan, Eastern Michigan University, St. Jospeh Hospital. Easily walk or bike to local stores, parks, or catch the bus for a 10 minute ride to downtown Ann Arbor.

3113 Hawks Avenue- BathroomQ. What makes the price of this home so great?
Good price point for entry into the Arbor Woods neighborhood known for spacious, quality homes.

 

3113 Hawks Avenue-BedroomQ.What amazing views will the new homeowner be able to enjoy?
The large rear deck and the covered front porch expand the living space for this home.
3113 Hawks Avenue- DeckQ. Can you tell us a fun fact about the home?
There is a great walkout basement with an expanded entertaining space for guests.

Q.Is there anything else you’d like to tell us about the home?
The lower level has a full bathroom. Enjoy Pittsfield Township taxes & Ann Arbor Schools!

For more information about 3113 Hawks Avenue, Ann Arbor, MI or if you are interested in scheduling a showing, please contact Thomas H. Bradshaw at 734-272-6419.

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Experience Music, Dance, Theater, and Comedy at the Ann Arbor Summer Festival

A community tradition, the Ann Arbor Summer Festival is returning for its 33rd season.  The Summer Festival includes two concurrent programs, one indoor and one outdoor, at various venues and spaces across the University of Michigan campus and in downtown Ann Arbor.

While 90% of the over 100 events are free to the public this post will highlight the Mainstage, ticketed performances of world-class music, dance, theater, and comedy.

Flip FabriQue’s Catch Me! (Attrape-Moi)

Flip-FabriQue-Tile3-370x230Saturday, June 6, at 8 pm and Sunday June 12, at 3:00pm at the Power center
High flying, fearless, and fun, these young artist-athletes astound audiences with adrenaline pumping feats of cutting edge nouveau cirque, dazzling in a crowd-pleasing spectacle of extreme acrobatics, dramatic turns on trampoline wall, and inventive parkour. This is a virtuoso display of athleticism and showmanship for the whole family.

 

Gregory Alan Isakov and The Ghost Orchestra with poet Andrea Gibson
Gregory Alan Isakov 2
Wednesday, June 15, at 8:00PM at the Power Center
Gregory Alan Isakov crafts stunning compositions that tell a story of miles and landscapes, captivating and haunting his listeners. With nods to Leonard Cohen and Andrew Bird, his lush arrangements lend themselves to a fuller sound, and he will be accompanied by his band, as well as a mini-symphonic ensemble. This is a rare opportunity to see a unique performance with one of indie folk’s most admired new singer/songwriters.

 

Bebel Gilberto
gilberto-bebel-3
Saturday, June 18, at  8:00PM at the Power Center
Brazil’s beloved Bebel Gilberto arrives at the traditions of bossa nova and samba and innovates on them, weaving sultry pop and soft electronica influences into her sophisticated sound. She has been at the forefront of Bossa 2.0, working with superstar producers like Mario Caldato, Jr. and Mark Ronson. Elegant and ethereal, her music will make you feel like you’re sipping caipirinhas on a yacht overlooking the beaches of Ipanema at sunset.

 

Michael Franti & Spearhead SoulRocker Tour
michael-franti 4
Tuesday, June 21, at 8:00PM at the Hill Auditorium
Capturing an irresistibly bright and uplifting sound, musical pioneer and humanitarian Michael Franti’s globally conscious reggae pop anthems are spreading some much appreciated positivity worldwide. He’s known for his lyrical activism and powerful performances spanning hip hop, reggae, rock, and spoken word. Inspired by his calling to create positive change, he asks us to celebrate life, dance joyfully, and raise consciousness.

 

Gregory Porter

gregory-porter 5Wednesday, June 22, at 8:00PM at the Power Center
Warm, soulful baritone and Grammy-winning jazz vocalist Gregory Porter’s beautifully spiritual voice thrills audiences as he explores the rhythmic phrasings of jazz, the passion of R&B, the soul of gospel, and the immediacy of the blues. Charismatic, uplifting, and assured, this is modern jazz’s biggest star, and for good reason.
¡Cubanismo!
2015-07-20-Cubanismo 6
Sunday, June 26, at 7:30PM at Power Center
For twenty incredible years, world-famous Sierra Madre trumpeter and bandleader Jesús Alemañy and his orchestra have been Cuba’s musical ambassadors, sharing their authentic yet innovative, danceable, and joyous sounds with the world. Fiery and passionate, they specialize in sizzling dance tunes full of swaggering horn charts and skillful polyrhythms that recall vintage big band son, traditional rumba, cha-cha, danzón, and pa’ca ritmo. These Grammy-nominated all-stars enjoy experimenting with world fusion, yet always embrace island authenticity—and will leave you smiling.

 

Jane Lynch: See Jane Sing!
jane-Lynch-Featured-image 7Wednesday, June 29, at 8:00PM at the Power Center 
You’ve loved her as Sue Sylvester singing like Madonna on Glee. Now, Emmy and Golden Globe winner Jane Lynch combines her talents in an uproarious night of live musical comedy. Joining her onstage will be Glee musical arranger Tim Davis and the fiery redhead Kate Flannery of The Office. You’ll be in stitches with her American Songbook, which includes selections from The Brady Bunch, Fiddler on the Roof, and Nicki Minaj. Recommended for mature audiences.

 

Bruce Hornsby & The Noisemakers
bruce hornsby 8Thursday June 30, at 8:00PM at the Power Center
Bruce Hornsby’s work displays a creative iconoclasm that’s been a constant in the artist’s two-and-a-half decade recording career. His commercial stock soared early on, when “The Way It Is” became one of the most popular songs on American radio. Despite his early mainstream successes, Hornsby has pursued a more idiosyncratic musical path, focusing on projects that sparked his creative interest, including collaborations with the Grateful Dead, Spike Lee, Ricky Skaggs, Bob Dylan, Bela Fleck, and Pat Metheny.

 

Mayer Hawthorne 
Mayer Hawthorne Friday, July 1, at 8:00PM at the Power Center
Singer Mayer Hawthorne has an incredible ear for what makes music soulful. “Flashy but classy” and always stylish in a fine suit, he’s a sensation onstage. A hometown hero, he soaked up Curtis Mayfield, Barry White, Shuggie Otis, Hall and Oates, and hip hop producer J Dilla spinning DJ sets at The Firefly and The Blind Pig. Now this deeply talented, multi-instrumentalist, singer, and producer has moved to LA, sold millions of albums, helped Pharrell win a Grammy for best producer, and become neo-soul royalty.

 

The Capitol Steps
capitol steps 10b
Monday, July 4, at 4pm at the Power Center
Monday, July 4, at 7pm at the Power Center
Perfectly timed for an election year, America’s foremost political satirists make their annual Fourth of July appearance at the festival! Putting the mock in democracy, these former Congressional staffers poke fun at both sides of the aisle with up-to-the-minute song parodies like “Deleter of the Facts” and “If There Were No Rich Men.” If you are sick of hearing about Ted Cruz, Bill Cosby, and Brian Williams, you’ve come to the wrong place.

 

One Man Circus (L’homme Cirque)
"L'Homme Cirque" par David Dimitri au festival Jeux de Piste 2007
Wednesday, August 24, at 6:30pm at Burns Park
Thursday, August 25, at 6:30pm at Burns Park
Friday, August 26, at 6:30pm at Burns Park
Saturday, August 27, at 6:30pm at Burns Park
Sunday, August 28, at 6:30pm at Burns Park
Enter the magical world of David Dimitri. Lauded “Lord of the Wire” by New York Times, this world famous high wire dancer and veteran of Cirque du Soleil and Big Apple Circus epitomizes innovation as he alone performs an entire circus. Creating what he calls “a unique magic” in the intimate setting of a tent in Burns Park, his L’homme Cirque balances dramatic feats like high wire flips and a human cannon launch with humor, poetry, and serenades on the accordion.

Interested in the entire Mainstage experience? Try the Festival Sampler, which lets you create your own individualized series and take advantage of early buying discounts when you purchase three or more shows through May 28.
• BUY 3 SHOWS AND SAVE 10%
• BUY 4 SHOWS AND SAVE 15%
• BUY 5 OR MORE SHOWS AND SAVE 20%
For more information on purchasing tickets to any of these shows visit www.a2sf.org

Reinhart is proud to a be sponsor of the Ann Arbor Summer Festival.

Photo and Story Source: Ann Arbor Summer Festival

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Work with the Leader

The spring market is heating up and experience is “king” in achieving a great result. Having a dominant share of the closed transactions means you won’t find a Realtor with more knowledge or experience with every kind of transaction than Reinhart.

FeaturedStory.12-6-15

Sellers benefit from proven pricing strategies and marketing plans. Buyers find a larger inventory and more experience winning multiple-offer situations.

Why take a chance on the biggest investment of your life? Work with those who’ve seen it all and do more of it every day. For sound advice and help creating your real estate plan, contact us today.

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Luxurious Condo in Brighton

FeaturedFriListing_2016
This week we are featuring Megan Crosbie’s listing – 9089 Lake Dominion Drive, Brighton, MI 48114

9089 Lake Dominion Drive - Brighton

Q. Can you describe the architectural style of the home?
This luxurious end-unit condominium is located in Lake Dominion.

9089 Lake Dominion Drive - DenQ. What distinctive features set this home apart?
The first floor  features high ceilings and gorgeous hardwood floors. The high-end kitchen has granite countertops, stainless steel appliances and upgraded cabinets.

9089 Lake Dominion Drive - Kitchen

Q. Have there been any recent renovations or upgrades?
Completely updated in the last few years, this energy efficient unit features extra insulation, LED recessed lighting, and first floor laundry.
9089 Lake Dominion Drive - Dinning AreaQ. Can you tell us a fun fact about the home?
The stunning walkout lower level is a great space for entertaining with a bar, separate family room/rec room, fireplace, bathroom and plenty of storage space.
9089 Lake Dominion Drive - MasterQ. What amazing views will the new homeowner be able to enjoy?
Relax on the covered back deck and enjoy the beautiful landscaping.
9089 Lake Dominion Drive - Master BathQ. What are the advantages of the location & neighborhood?
There is access to Lake Dominion for canoeing, an abundance of wildlife and the convenience of being within walking distance to downtown.
9089 Lake Dominion Drive - DeckQ. Is there anything else you’d like to tell us about the home?
The spacious master suite has vaulted ceilings and  a large walk-in closet. The adjoining master bathroom features a standing shower, tub, dual sinks and  granite counter tops.
9089 Lake Dominion Drive - Landscaping
For more information about 9089 Lake Dominion Drive, Brighton, MI 48114 or if you are interested in scheduling a showing, please contact Megan Crosbie  at 734-645-4296.

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Private 15 Acre Ranch Home in Grass Lake

FeaturedFriListing_2016This week we are featuring Nora Hamouda – 1685 South Francisco Road, Grass Lake, MI 49240
1685 S. Francisco - Grass Lake
Q. Can you describe the architectural style of the home?
This bright ranch has a full, finished walk-out basement and sits on a peaceful 15 acres.

1685 S. Francisco - Great Room

Q. What distinctive features set this home apart?
The home has a 68’ by 42’ pole barn with electricity and skylights. There are also vaulted ceilings in all the main level bedrooms.
1685 S. Francisco - Kitchen

Q. What are the advantages of the location & neighborhood?
There are homes nearby, but it still has a completely private feel.
1685 S. Francisco - Bedroom
Q. Have there been any recent renovations or upgrades?
The home has been well-maintained and has lots of storage. Recently new carpet has been installed in the basement.

1685 S. Francisco - Gym

Q. What amazing views will the new homeowner be able to enjoy?
The house has beautiful views of farm land, grassland, and trees.

1685 S. Francisco - Backyard

Q. What makes the price of this home so great?
Few homes on the market have a pole barn this size. Extra bedrooms and the living room in the basement double the living area of the home.

1685 S. Francisco - Pole Barn

Q. Can you tell us a fun fact about the home?
The second deck accommodates above-ground pool. Besides the attached two car garage, the house also has a detached two car garage.
Green House

Q. Is there anything else you’d like to tell us about the home?
The property would accommodate a horse. There are multiple lean-to sheds, a greenhouse and water spigots outside.
For more information about 8835 Hidden Woods Drive, Dexter, MI, or if you are interested in scheduling a showing, please contact Nora Hamouda 734-255-0339.

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