Sell this house, get a BMW

The Detriot News reports:

Buy a condo from developer Louis Beaudet in Ypsilanti, get $3,000 paid on closing costs and a new washer and dryer.

Buy a house from Hornbrook Estates subdivision in Lyon Township, get a free two-year lease on a four-wheel-drive Dodge Dakota pickup.

List your house with Realtor Mark Beydoun, get an extra sign in your yard touting no-money-down financing.

The perks don't end with buyers. Courtney Tursi is offering a two-year lease on a BMW X3 SUV to any real estate agent who finds a buyer for her $699,999 house in Commerce Township.

Real estate agencies, Realtors, builders and even home sellers are pulling out the stops to counter one of the slowest housing markets in Michigan history, where homes for sale are a dime a dozen and home buyers are gold.

Competition for those scarce buyers is forcing the real estate industry to come up with new ways of doing businesses, from giveaways of gas and vehicles, to 99-cent upgrades on new homes, to full payment of the buyer's closing costs

What better examples than this of a real estate market that has topped in Michigan.Other real estate markets will eventually display some of the same types of bargains by motivated sellers.You'll want to read the whole article.