Blog > Housing Report > Featured Stories > Covid Rebound Update—SF and Condos
Covid Rebound Update—SF and Condos
Topics
- Housing Reports
Subscribe
Get the latest Michigan Housing Reports delivered straight to your inbox!
Topics
The Washtenaw County markets, particularly Ann Arbor, have been more dramatically affected by Covid than most neighboring Southeast Michigan markets. Showings and new pendings drop quickly when negative Covid news is reported. Despite the Pandemic challenges, YTD closed units and volume are down by just 9% and 7% and the closed sales gap is shrinking—down from 26% on June 14th. Extreme low interest rates continue to provide great buyer and seller opportunities.
Michigan Property Taxes in a Nutshell
2 minutes After several years of rapidly rising prices and mild inflation (until the past two years) homebuyers and sellers need to be aware of the potential for a significant jump between [...]
Southeast Michigan 2024 Housing: Trends and Predictions
2 minutes Through the first half of 2024, expect demand to continue to outweigh supply. However, as the year progresses, expect to see inventory gradually rise into a more balanced position as [...]
’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 [...]