Northwest, Michigan Rising Home Values Hold
2 minutes
The Northwest 6-County housing market, continues to display unique market segments that have a tendency to move and act differently. As of July 2024, the market is effected by rising [...]
Strong Northwest, Michigan Showings Indicate Sustained Demand
< 1 minute
Despite inventory and affordability challenges, buyers remain vigilant in searching for their new home. In the past four weeks, overall showings across Michigan markets were up 19% compared to the [...]
Strong Washtenaw County Showings Indicate Sustained Demand
< 1 minute
Despite inventory and affordability challenges, buyers remain vigilant in searching for their new home. In the past four weeks, overall showings across Michigan markets were up 19% compared to the [...]
Strong Southeast, Michigan Showings Indicate Sustained Demand
< 1 minute
Despite inventory and affordability challenges, buyers remain vigilant in searching for their new home. In the past four weeks, overall showings across Michigan markets were up 19% compared to the [...]
Washtenaw, Michigan: Over-Asking Offers Driving Up Prices
< 1 minute
Buyer demand remains strong despite supply, interest rate, price and property tax challenges. Buyers continue to compete for listings with 69% of April closed sales at or above full asking [...]
Southeast, Michigan: Over-Asking Offers Driving Up Prices
< 1 minute
Buyer demand remains strong despite supply, interest rate, price and property tax challenges. Buyers are actively competing for listings, with 64% of April’s closed sales at or above asking price. [...]
YTD Summary and What to Expect
< 1 minute
Michigan’s NW market runs with a later cycle than the rest of the state. While downstate sales and prices will peak around June, closed sales and prices in the NW [...]
2 minutes
Affordable housing depends on three key elements: income, mortgage rates, and housing prices. Higher wages expand buying power, while stagnant wages challenge affordability. When mortgage rates drop, generally, monthly payments [...]
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 [...]
Washtenaw County Market Summary and Predictions
2 minutes
Demand will continue to exceed supply through the first half of 2024, but expect inventory to loosen as would-be sellers from the past two years step down off the fence. [...]
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