Featured Stories
’23 Market Summary and ’24 Predictions
< 1 minute After a few years of supply shortages, inventory began to return to more normal levels in the second half of 2023. Demand remains strong and buyers continue to wait for [...]
Washtenaw County Looking Ahead to 2024
< 1 minute DEMAND Since July nearly 65% of all closed sales have been at or above asking price. Buyers continue to compete for listings—a strong indication that demand for quality listings continues [...]
Northwest, MI Looking Ahead to 2024
< 1 minute DEMAND As late as November, nearly half of all closed sales have been at or above asking price. Buyers continue to compete for listings—a strong indication that demand for quality [...]
Southeast, MI Looking Ahead to 2024
< 1 minute DEMAND As late as November, 55% of all closed sales have been at or above asking price. Buyers continue to compete for listings—a strong indication that demand for quality listings [...]
Shift Toward Cash Transactions
2 minutes In recent years, the real estate market has experienced a noticeable shift with an increase in the percentage of cash sales. This trend has been particularly evident in Metro Detroit [...]
Northwest, Michigan YTD Sales and Prices
< 1 minute 2023 vs. 2022 and Pre-Pandemic 2019 Waterfront Sales of waterfront properties have declined by 8% compared to last year, and range between a 25% to 30% decline when compared to [...]
Washtenaw Buyers Remain Determined Despite Challenges
< 1 minute Buyers continue to grapple with higher interest rates, prices, and taxes, in addition to facing depleted and picked-over inventory. Since the best new listings sell quickly, the remaining listings on [...]
Southeast, Michigan Buyers Remain Determined Despite Inventory Challenges
2 minutes Buyers continue to face depleted and picked-over inventory. Post-pandemic inventory levels have dramatically dropped since 2019. The inventory levels on October 1st are down by 28% compared to last year [...]
Signs of Resilience Amid Inventory Challenges
2 minutes As we transition from summer to fall, the Southeast Michigan real estate market shows signs of both resilience and evolution. August’s data brings a mixed bag of trends that indicate [...]
A Tale of Contrast Amid Steady Growth
2 minutes As we move into the autumn season, the Washtenaw County real estate market presents an intriguing narrative. August’s data shows a surge of rising listings and sale prices against a [...]