Franklin Mi
Franklin, Michigan
Population: 460
Median Home Sale: $62,500
Median Household Income: $44,500
Median Commute: 27.00
Franklin, Michigan is a village in the County of Oakland and a part of the Southfield Township.  The motto is “Experience It” and the it spans 2.66 square miles. The business district was mostly constructed by 1830 and today it is still largely a collection of original buildings from that era. The historic buildings make the district a rare space in the suburban Detroit area. The city also features a vintage downtown and is also known for the Read More +
Franklin, Michigan is a village in the County of Oakland and a part of the Southfield Township.  The motto is “Experience It” and the it spans 2.66 square miles. The business district was mostly constructed by 1830 and today it is still largely a collection of original buildings from that era. The historic buildings make the district a rare space in the suburban Detroit area. The city also features a vintage downtown and is also known for the Franklin Cider Mill which actually lies in the Bloomfield Township. Notable people who have called Franklin home include the actress Ashley Johnson, quarterback Matthew Stafford, Dan Gilbert the owner of the Cleveland Cavaliers and former wrestler Luther Biggs.
The community of Franklin was founded in 1825, one if it’s earliest settlers was Elijah Bullock. The city was officially named in 1828 in honor of Benjamin Franklin. Franklin was a station on the Undergroud Railroad. The first school was built in the township in 1828. From that time Franklin has continued a slow and steady growth pattern. In November of 1969 Franklin was declared a historic district, it was the very first in the state. Today the community works to maintain the spirit and appearance of an early American village.

According to the United States Census of 2014, Franklin was home to  3,150 people, giving the village a population density of 1,184.2 people per square mile. Ten years earlier the 2000 census revealed that the median household income in the community was $124,014 and the median family income was $139,339. According to city-data.com, the estimated median house and condominium value in the village in 2012 was $467,342 a sizable difference when compared to the state median home value of $115,700.  The median gross rent in Franklin  was $2,001.

Franklin is known for it’s historic downtown and business district as well as a multitude of sprawling estate style homes situated along scenic ravines. The village is an affluent one full of life history and culture. Homes for sale in Franklin range from starter homes up through history and luxury homes. Other real estate options include apartments and houses for rent as well as elegant town homes and condominiums with a variety of amenities for sale or lease. Warm and friendly real estate agents await to help you find the perfect home in beautiful historic Franklin. Read less –

Improvements Add Value Remodeling Your Home

improvements

If you’re looking for improvements your home, of course you have to consider several things. First of all, will these improvements satisfy and fulfill a need? It’s important that you answer it truthfully because home improvements are generally expensive so at least make sure you are aware of your needs. In addition, will you be able to afford it? There are a lot of home improvement ideas, some affordable and some are expensive. The good thing is depending on your need, there’s usually an affordable and more expensive option. The factors listed above are for the present. As a homeowner, …


Market News

Market-News

Market News is a monthly service that I provide to my clients to not only help them in their local real estate market here in Oakland County, but to give them access to the national Market News as this affects them here in Novi, Northville, Farmington Hills, West Bloomfield and the Metro Detroit area as a whole. Market news gives you the ability to see what is going on in the National real estate market, such as homes sold, statistics and other data important to both home buyers and home sellers in the Oakland county area. Market News is Video …


Home Inventories at 4.6-Month Supply

Around the country especially in Oakland County and cities such as Novi, Northville, Farmington Hills and West Bloomfield home inventories is the lowest we have seen in quite some time. The signs of home buyer’s frustrations are clear, but with consumer confidence is at the highest level in over a decade and with interest rates still under 4%, new programs available for down payments as low as 3%, and you have an attractive market for buyers. Buyers demand for housing remains twice as high as this time last year, so what’s really going on with home inventories? NAR’s Chief Economist, Lawrence Yun states about Low Home …


HOMEBUYING

homebuying

HomeBuying-Bust Through If you—or someone you know—is still on the fence about homebuying today, don’t wait. We’ve heard lots of excuses in recent years. Not enough down payment? Credit score too low? Can’t qualify with a foreclosure (short sale, bankruptcy) history? Too much debt (especially, student debt)? Rates too high? Loans too expensive? Don’t know where to start?                     All of these worries can be—and are—overcome with time and determination. Don’t be walled in by old assumptions when it come to homebuying. In this market with low rates and little down …


Homestaging Doesn’t Have To Be Costly

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Boomers 12 Things You Need To Know Before A Move

boomers sold

Boomers Zap! Your home is sold. Congratulations! Now What Boomers? Boomers are hearing it more and more. Baby Boomers are turning 65 in the United States at an amazing rate, 10,000 every day. As they reach this milestone, more of them are selling their long-time homes. The reasons to sell are often straightforward: The old place is too large, too expensive, requires too much upkeep, or seems too lonely since the kids moved out.   Once you’ve decided to sell (and called us), the real dilemma is deciding where to move. And, determining whether it is best to downsize, cross-size, …