May, 2017 Market Update

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Limited inventory has been limiting buyer choices and creating increasing competition as new listings hit the market. Buyers who haven’t found what they are looking for, or who lost out on prior offers, are...
Q1 Market Report

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​While inventories continued to fall and limit sales, hungry buyers drove first quarter prices up. Between years 2015 and 2016, the average sale price moved just 4% from $196k to $204k. Comparing the first...
March, 2017 Housing Report

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Southeast Michigan’s 5-County market began 2017 with lower inventory levels than any time in the past 15 years. Then between the beginning of January to the end of February, inventory levels fell another...
Steps to Buy a House: How Long Do They Take?

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​Homes aren’t impulse purchases. It takes time to sift through listings and make your way from one home showing to the next; then, of course, there are those agonizing hours you wait to find out if your...
2016 Year End/January 2017 Housing Report

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2016 was a great year for single family home sales in Southeast Michigan. Many factors including location, price range and condition affect the value of individual properties, but in general the number of...