OAK PARK, MI

Michigan
Written By hulo.dev

OAK PARK, MI

Check out what’s happening in your neighborhood. From homes for sale to businesses and everything in between, there is something for everyone in Oak Park, MI!

 
 

HIGHLIGHTS

Oak Park was incorporated as a city in 1945, and was named "America's Fastest Growing City" in the 1950s. The city is still growing, and is home to a diverse population that includes second and third generation children of European immigrants, many of which are Jewish Americans.

Residents of Oak Park enjoy many city-provided amenities, including the Oak Park pool, an ice rink, basketball courts, tennis courts, the Oak Park Public Library, and more, all close to Shepherd Park. Depending on location, school-aged children attend either Oak Park Schools, Ferndale School District or Berkley School District.

Fun fact: Our very own Jim Shaffer lived in Oak Park for many years!

If you want to call Oak Park home, reach out to us to get started today!

 

Oak Park, Michigan is one of the most sought after cities to live in all of Oakland County's Woodward Corridor. Jim Shaffer and Associates has sold countless homes in Oak Park, and is the go-to realtor for home sales in the area. If you are looking for a beautiful property for sale or an apartment for rent, look no further than Oak Park and Jim Shaffer and Associates.

 
 

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So, there's been some buzz around the National Association of Realtors (NAR) latest announcement about real estate commissions being negotiable. If you’re imagining this as some kind of industry shake-up, think again! It’s really just a formal nod to what's been going on all along in the world of real estate.

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As we navigate through 2024, homeowners are faced with a critical question: Is this the right time to sell a home? The real estate market is constantly evolving, influenced by various economic, technological, and social factors. In this article, we'll explore the key considerations for homeowners thinking about selling their property in 2024.

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Are Interest Rates Expected To Go Down For Homebuyers In 2024?
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The year 2024 brings with it new challenges and opportunities, especially when it comes to the real estate market. As potential homebuyers weigh their options, the question on many minds is: "Is buying a home this year worth it?" This decision, like most significant financial commitments, depends on a variety of factors including market trends, personal finances, and long-term goals.

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Is Fall the Time To Sell?
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Is Fall the Time To Sell?
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Spring may be busy with planting and cleaning and putting a home on the market. But Fall is a fabulous time to sell. With a few months before the major holidays settle in, home buyers are eager to find and settle into their new home. Especially before winter sets in. While families who want to close before the school year begins are more likely to make their move in the spring, millennials, and empty-nesters usually are more willing to jump into the fall real estate market.

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Fall 2023 Challenges in Real Estate
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Interest rates have risen and the inventory of housing continues to dwindle causing a seller’s market to some degree. Higher interest rates have forced many buyers to the sidelines hoping for some sort of reprieve. Sellers are seeing prices climb but many aren’t wanting to wade into a new home with a new higher interest rates so homes are not going on the market as fast as they once were.

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