Featured Stories
Washtenaw Sales Limited by Supply Thirst for Quality Homes Remains Unquenched
< 1 minute Despite continued strong demand, limited active inventory quantity and quality continues to bottleneck sales. Buyers are waiting and jump when fresh inventory arrives. March closed sales were up 33% compared [...]
Southeast, MI Sales Limited by Supply Thirst for Quality Homes Remains Unquenched
< 1 minute Despite continued strong demand, limited active inventory quantity and quality continues to bottleneck sales. Although March closed sales were up 26% compared to the prior month, a 10% drop in [...]
Northwest, MI Sales Limited by Supply Thirst for Quality Homes Remains Unquenched
< 1 minute Despite continued strong demand, limited active inventory quantity and quality continues to bottleneck sales. Buyers are waiting and jump when fresh inventory arrives. March closed sales were up 50% compared [...]
Michigan Property Taxes in a Nutshell
2 minutes After several years of rapidly rising prices and mild inflation (until this past year) homebuyers and sellers need to be aware of the potential for a significant jump between existing [...]
Metro Detroit’s Hottest Markets
< 1 minute Above is a list of Metro Detroit markets that stand out based on the percentage of sales selling at or above full asking price, and percentage of sales selling within [...]
2 minutes Waterfront • 2022 waterfront values were up 17% overall—7% for under-$500k, 15% for $500k-$1m, and 12% for over-$1m properties. • Although sales were down in all price ranges, the decline [...]
2023: Supply, Demand, and Price Predictions
2 minutes The real estate market is a constantly evolving landscape that is influenced by a variety of factors such as interest rates, economic conditions, and government policies. Shrinking housing inventory can [...]
Washtenaw County Price/Condition Increasingly Important
< 1 minute Halfway through December, the 2022 average sale price of a single family home in Washtenaw County is $455k. That’s up 30% from 2019 and 12% compared to last year. The [...]
Southeast Michigan Price/Condition Increasingly Important
< 1 minute Halfway through December, the 2022 YTD average sale price of a single family home in our 5-County Southeast Michigan Region is $307k. That’s up 31% from 2019 and 5% compared [...]
Southeast, Michigan Year-End Market Trends
< 1 minute Passing through the fourth quarter, both market times and the frequency of price reductions are rising but the best listings continue to sell quickly—frequently for full or over-asking price. Market [...]