Featured Stories
Washtenaw County – Over-Asking Sales Remain High Despite Slower Market
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The shortage of new listings continues to tighten the reins on sales activity. Monthly year-over-year listing reductions of 23%, 31% and 34% in May, June and July have resulted in [...]
SEMI – Over-Asking Sales Remain High Despite Slower Market
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2023 sales have been driven, or restricted by the arrival of new listings. The slight decline in listings over the past few months has been resulting in a gradual reduction [...]
Northwest, Michigan – Supply Down, Demand Strong, Prices at Historic Highs
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The Northwest Michigan real estate market continues to see historic trends as we move through the summer of 2023. While inventory has dropped 4% compared to June of 2022 and [...]
Southeast, Michigan – Supply Down, Demand Strong, Prices at Historic Highs
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The Southeast Michigan real estate market continues to see historic trends as we move through the summer of 2023. While inventory has dropped significantly, down 32% compared to June of [...]
Washtenaw County – Supply Down, Demand Strong, Prices at Historic Highs
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The Washtenaw County real estate market continues to see historic trends as we move through the summer of 2023. While inventory has dropped significantly, down 28% compared to June of [...]
Buyer Competition Drives Historic Prices
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This year’s year-to-date sales decline of 18% is directly associated with a 19% drop in new listings. Buyers remain on the lookout for movein- ready listings, particularly the more affordable [...]
Southeast Michigan Demand Keeps Market Stable and Strong
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This year’s 20% YTD decline in sales is directly linked to the scarcity of new listings—down 21% YTD and slightly more in recent months. Buyers continue to wait for move-in-ready [...]
Washtenaw Slow Start—Expecting Stronger Second Half
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While the arrival of new listings should reach last year’s levels during the latter half of this year, there’s been a noticeable delay though the early months of this year. [...]
Southeast, MI Slow Start—Expecting Stronger Second Half
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While projections indicate that the influx of new listings should reach last year’s levels during the latter half of this year, there’s still a noticeable delay. Buyers continue to face [...]
Washtenaw Sales Limited by Supply Thirst for Quality Homes Remains Unquenched
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Despite continued strong demand, limited active inventory quantity and quality continues to bottleneck sales. Buyers are waiting and jump when fresh inventory arrives. March closed sales were up 33% compared [...]