Tight Supply Continues to Limit Sales in Washtenaw County
2 minutes
While inventory is expected to slowly rise in 2025, January begins with fewer listings than last year. Shortages of quality listings will continue to restrict sales. Inventory continues to impact [...]
Tight Supply Continues to Limit Sales in Southeast Michigan
2 minutes
While inventory is expected to slowly rise in 2025, January begins with fewer listings than last year. Shortages of quality listings will continue to restrict sales. Inventory continues to impact [...]
Condos and Fractional Ownership in Northwest Michigan
2 minutes
Current Condo Inventory January 21, 2025 Northern Great Lakes Realtors Active “Condos” 253 • Actual Condos 178 • Fractional Ownership 75 30% of current MLS condo inventory is fractional ownership [...]
Washtenaw County – Finding Year-End Opportunities: Expired and Canceled Listings
2 minutes
The frequency of Expired and Canceled listings typically runs highest between October and January.* They may be a source of properties for your buyers and listings for agents. *July through [...]
Southeast, Michigan – Finding Year-End Opportunities: Expired and Canceled Listings
< 1 minute
The frequency of expired and canceled listings runs highest between October and January. They may be a source of properties for buyers and listings for agents. Buyer and Agent Opportunities: [...]
Northwest, Michigan – Finding Year-End Opportunities: Expired and Canceled Listings
< 1 minute
The frequency of Expired and Canceled listings in NW Michigan runs highest between September and January. This may be a good source of properties for your buyers and listings for [...]
Northwest, Michigan Inventory Woes and Pricing Gains
2 minutes
Sales Trends: The pandemic created a boom in Northwest Michigan. In 2020 and 2021, year-to-date sales (through October 31st) peaked at around 3,200. While NW markets continue to be hot [...]
Washtenaw County Inventory Woes and Pricing Gains
< 1 minute
Sales Trends: Post-pandemic sales in Washtenaw County peaked in 2021 but have since declined. Despite strong demand, inventory shortages, elevated interest rates, and a lack of move-in-ready listings have significantly [...]
Southeast, Michigan Inventory Woes and Pricing Gains
2 minutes
Sales Trends: Post-pandemic sales in Southeast Michigan peaked in 2022 but have since declined. The market in 2024 started slow, trailing 2023 through the first half, but has recently caught [...]
Northwest Michigan Buyer Competition Easing
< 1 minute
This chart highlights seasonal and yearly shifts in the relationship between list price and closed sale price in Southeast Michigan since 2022. The red line represents the monthly percentage of [...]
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