Northwest Michigan Housing Report Year End 2022
‘22 Annual All Property Types Summary
3,473
Listings
-8% from last year
2,751
Closed Sales
-18% from last year
$257
Price Per Sq. Ft.
+14% from last year
$467K
Avg. Sale Price
+12% from last year
$1.3B
Closed Volume
-9% from last year
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Michigan Property Taxes in a Nutshell
2 minutes
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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
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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
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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 [...]
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