Now Open! Alpine Chocolat Haus Stirring to Open in Downtown Plymouth

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Now open, the Alpine Chocolat Haus brings another flavor to the downtown Plymouth experience. Although you can buy chocolate and ice cream at any number of enticing shops in the City, you won’t find one with a better location – right across from the Park! The interior design of the shop is modern and inviting. The displays are clean and contemporary while the brick wall adds warmth. The ice-cream display is even at ‘kid-height’ so the young ones can see the frozen treats more easily! At the far end of the store, there’s even a lounge area with comfortable chairs, wi-fi, TV, and iPads for the kids to play on.

The Alpine Chocolat Haus is poised for a stirring grand opening in downtown Plymouth. With construction work nearing completion, the sign was recently unveiled and it does look very tasty good. Posters covering the windows have all the prerequisite marketing language appropriate to Plymouth – words like ‘Artisan’ and ‘Michigan Made’ certainly will resonate with locals as the town gradually shifts slightly more upscale.

With several locations already in Northern Michigan, you can learn more about the Alpine Chocolat Haus by clicking here.

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Just Sold: Downtown Plymouth Contemporary Home Backing to Woods and Creek – 200 North Sheldon Road

200 N SheldonWe are pleased to announce the completed sale of another Plymouth home.  200 North Sheldon Road in the City of Plymouth is a 3 Bedroom, 3.5 Bathroom home that enjoys a 150′ x 181′ lot with a grassy rear yard,  woods, and a creek.  A natural setting like this within the City combined with a newer built home is a rare combination.  The house itself sits well back from the road and you are just a short walk to downtown Plymouth shops, restaurants, and events.  Inside the home, you’ll find many modern amenities including Granite countertops, Stainless Steel appliances, Great Room with Cathedral Ceiling, First Floor Master Bedroom with 10′ x 9′ walk-in Closet and en-suite Full Bathroom. The attached 2 car garage enters into a partially finished walkout Lower Level with a full bathroom.

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To learn more about this home and homes like it, please visit our Plymouth and Northville Real Estate homepage at  www.bobbake.com or simply contact Carrie, Plymouth and Northville Associate Broker, at 734-788-2398 –  carrie@bobbake.com or Patrick, Plymouth and Northville REALTOR,at  734-272-8375 – patrick@bobbake.com.

If you have a home to sell in the Plymouth and Northville area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process.

18th Annual Great Lakes Chili Cook Off Sunday October 6th in Downtown Plymouth

 plymouth-chili-cook-off1Head down to Kellogg Park tomorrow for the Great Lakes Regional Chili Cook Off! Along with the chili contest there will be a motorcycle show, kid’s activities, live music and other food to experience! For more information, please visit: www.greatlakeschili.com

2013 Plymouth Rotary Chicken Barbeque ( a.k.a. Plymouth Fall Festival ) – Sept 6-8, 2013!

20120908_103518It’s that time of year again!  The smell of barbeque smoke drifts through downtown Plymouth as the annual Fall Festival approaches.  September 6-8, 2013 will be non-stop pancakes, spaghetti, and barbeque chicken (Rotary Chicken Barbeque) along with fair rides, games, concerts, car show, and attractions for everyone.

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Downtown streets are closed off and for one weekend, downtown Plymouth is transformed into a local fair with all the pre-requisites.  I have to admit, this is one of my personal favorites of all the festivals that happen in Plymouth – good fun for the whole family and another great reason the area continues to thrive.  For more information, go to: http://www.plymouthfallfestival.com/

City of Plymouth Home Values Near Pre-Recession Highs

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As summer ends, this is a good time to add some perspective to what we’ve seen in the market so far this year. If you have bought or are trying to buy a house or condo in the City of Plymouth in 2013, this chart will not surprise you.  With homes selling quickly and often above asking price with multiple offers, values have been rising sharply this year. To see just how dramatic the increase has been, here is the price trend over past 10 years.  The data is just for the City of Plymouth (not the Township) and includes both homes and condos.  Not included are non-listed sales. But based on our knowledge of the market, the effect of non-listed data on the above chart would be negligible. csc_1972 As prices rise, we are seeing more people consider selling their homes which should ease the lack of available inventory. This however will be countered by the annual seasonal slowing of the market and higher and higher price expectations of sellers regardless of the location, condition, and layout of their home. Homes that have marginal locations, lack updates, and/or are priced too high will not sell quickly. So if you are trying to buy –  continue to expect some frustration as supply remains very limited in the City of Plymouth. I’ll be posting a similar chart for the City of Northville very soon.

Data Source: RealComp

Enjoy Some Local History at Plymouth Crossing Restaurant

423669_10151375824385510_1524375894_nPlymouth’s city center has enjoyed the arrival of many new restaurants and bars over the past several years. But just outside of downtown along Main St. at the level crossing, you’ll find the Markham Building and Plymouth Crossing Restaurant.

DSC01815The Building dates from 1885 when the Markham Manufacturing Company began producing wooden tanks and cisterns.  The company soon switched to manufacturing wooden air rifles while across the tracks, the Plymouth Iron and Windmill Company began producing a metal BB gun known as the ‘Daisy’.  And so began Plymouth’s page in history as the birthplace of the Daisy Air Rifle. Ultimately, the two companies became one and while the Daisy Buildings are gone save for a section of wall, the Markham Building remains.20130204_123937

 

The restaurant itself is a calming, traditional setting with a fireplace and plenty of wood tones, exposed brick walls, brass, and red, tufted leather booths.  The service is friendly and relaxed.  And the food is hearty and satisfying.  For a dining experience unique in the City, Plymouth Crossing is definitely worth a visit.

Sun and Snow Ski Rental in Downtown Plymouth

skisMost people think of restaurants, home decor, ice sculptures, and outdoor festivals when they think of Plymouth.  But there is also a strong retail sector in the downtown including one of the areas finest sports shops.

Sun & Snow opened nearly three years ago and has since expanded its store (taking over the bakery next door). Ski equipment rentals are one huge benefit that area residents can take advantage of lessening the logistics of resort rentals.  If you’ve ever had to outfit a family with ski equipment at a resort, you know the process can be demanding and patience testing to say the least.  With renting in advance, its one less thing you need to worry about when you arrive!  We’ve rented equipment here before and have been very happy with quality and friendliness of service. In addition, Sun & Snow is locally (Plymouth) owned and operated and you’ll find them at the corner of Main St. and Ann Arbor Trail right across from Starbucks and Panera Bread.

Plymouth Real Estate Market Continues to see Strong Demand

Source: RealComp

Our local real estate market continues to see strong demand amid a limited inventory of available homes for sale. For much of 2012, demand has grown steadily as buyers return to the market with added confidence.  This combined with fewer sellers needing to sell and fewer distressed homes on the market has dramatically changed the real estate landscape over the past several months.  October year over year, Plymouth (Township and City – 48170) has shown increases in the number sold listings (+27%) and total sales volume (+35%) while the number of new listings is only increased marginally (+7%). As a result, the number of active listings (available inventory) has seen a significant decline (-33%) and prices are on the rise.

As a seller, now is a good time to sell since you have less competition and there are buyers that are in need of a good home.  As a buyer, you need to be educated about the market and ready to act when a great house does come along.  Of course, if you need help with either, we are available to assist you. We know the area, the market, the subdivisions, etc. and can provide solid advice you want to help you through the process of buying or selling your next home.

 

2012 Plymouth Rotary Chicken Barbeque ( a.k.a. Plymouth Fall Festival ) – Sept 7-9, 2012!

It’s that time of year again!  The smell of barbeque smoke drifts through downtown Plymouth as the annual Fall Festival approaches.  Sept 7-9, 2012 will be non-stop pancakes, spaghetti, and barbeque chicken (Rotary Chicken Barbeque) along with fair rides, games, car show, and attractions for everyone.Plymouth Fall Festival

Chicken Barbeque Fall Festival Plymouth 2009

Downtown streets are closed off and for one weekend, downtown Plymouth is transformed into a local fair with all the pre-requisites.  I have to admit, this is one of my personal favorites of all the festivals that happen in Plymouth – good fun for the whole family and another great reason the area continues to thrive.  For more information, go to: http://www.plymouthfallfestival.com/IMG00044-20090912-1254

Mustang Car Show in Plymouth

The Plymouth and Northville Real Estate market is almost inextricably tied to the health of the local auto industry. And with the recovery in the auto sector, we’ve seen the area real estate market recover strongly as well. The last couple of months have surprised many with the lack of available homes and the competition among buyers. And so it was good to see this proud display of new and vintage Mustangs on a warm Sunday afternoon in downtown Plymouth. And overlooking it all stands one of the City’s most desirable residences – Penniman Place – the tallest building near the center of the photograph.

A New Building Boom in Plymouth MI

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With the local economy improving and Plymouth home prices rising again, we are seeing a significant increase in home construction, expansion, and remodelling projects around town. These projects are not only good for a homeowner that gets to enjoy a larger and updated home, but they’re also good for the neighborhood and the city.  Home values for the entire street typically increase as people update or expand their individual homes. (This halo effect also works in reverse of course.  So when someone doesn’t take care of their home or yard, it can have a negative impact on neighborhood real estate values.) The City benefits from the new construction activity as well since these projects usually increase property tax values resulting in higher tax revenues.

The Plymouth and Northville Spring Real Estate Market Rush has Begun!

The Plymouth and Northville Real Estate markets have done better than most over the past several years.  And now with the local Automotive industry recording robust profits and paying out bonuses, combined with a more diversified local economic base, the residential Real Estate market has further strengthened in value.

Newly listed properties are often selling quickly while some properties are even receiving multiple offers. As usual, the homes with best locations, amenities, and updates will not only appeal to the most people, but also sell for the highest prices in the least amount of time.

Why is the recovery in Real Estate prices happening?  Low inventory and more buyers seems to be the answer or simply less supply and more demand. There just aren’t enough properties on the market to satisfy buyers who feel more financially secure or are moving to the area. Here’s how Plymouth and Northville active real estate listings in February compare to the same time last year.

There are clearly fewer homes available and we don’t see the trend changing appreciably in the near future.  The mild Winter kept buying traffic strong through the winter months and now with the Spring selling season kicking off, inventory is likely to remain limited.

So have Real Estate values really increased?  Many of you have seen your 2012 Tax assessment increase for the second year in a row.  This is a direct result of rising home prices.  Keep in mind that these Tax assessments are a ‘lagging indicator’ of your home’s value as the assessment period ended approximately 5 months prior to when you received your new assessment.  Here’s the year over year change (increase) in Real Estate prices for the month of February:

What does this mean for Plymouth and Northville Real Estate buyers and sellers?

For Buyers:  We recommend finding a local buyer’s agent who can identify new homes just listed or soon to be listed. You should also get a pre-approval letter from a lender.  And then you should educated yourself about the local market by seeing houses as they come on the market.  You may need to act quickly so the more you know now, the faster you’ll be able to make a decision when the right house does come along.

For Sellers:  If you’ve delayed putting your home on the market, this may be the time to sell.  While other areas of Southeast Michigan may not be as strong as ours and prices were lower a couple of years ago, things have definitely changed.  It’s a good time to sell right now in Plymouth and Northville. Of course, you’ll want the advice and assistance of an experienced local REALTOR since selling a home in today’s market can be a complicated and time-consuming process.

If you are planning to buy or sell a home in the Plymouth or Northville area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process. You can reach me at 734-788-2398 or carrie@bobbake.com.