Market Updates

Aug. 30, 2023

Why Delaying Your Home Sale Might Be A Missed Opportunity: Current Buyer Traffic Insights

Buyer Traffic Is Still Stronger than the Norm


Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If …

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Aug. 29, 2023

Beyond Mortgage Rates: Personal Reasons to Consider Selling Your Home Now

Why You May Still Want To Sell Your House After All


Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate

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Aug. 21, 2023

Understanding Median Home Sales Price vs. Repeat Sales in Michigan

Why Median Home Sales Price Is Confusing Right Now


The National Association of Realtors (NAR) is set to release its most recent Existing Home …

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Aug. 10, 2023

Today's Active Housing Market: Daily Home Sales Insights for 2023

About 11,000 Houses Will Sell Today


Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right …

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Aug. 8, 2023

Very Low Housing Inventory

There's Only Half the Inventory of a Normal Housing Market Today




Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today.

You may have heard inventory is low …

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July 31, 2023

Importance of Right House Pricing in Today's Market - Expert Agent Advice

Pricing Your House Right Still Matters Today




While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still so low. Data

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July 27, 2023

2023 Housing Market Trends: Why Buyer Activity Remains Strong

Homebuyers Are Still More Active Than Usual




Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill. In actuality, buyer traffic is still strong today.

The ShowingTime 

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July 24, 2023

My Home Didn’t Sell! Now What?

Are you a homeowner stuck with a property that hasn’t sold? Maybe your listing expired, or you withdrew it from the market because the lack of progress so disheartened you. Or perhaps you tried to sell your home on your own with no results.

If …

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Posted in Market Updates
July 14, 2023

Renting or Selling Your House: What's the Best Move?

 

 

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment …

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Posted in Market Updates
June 30, 2023

The Conundrum of Low Inventory and Affordability Challenges for New Homebuyers

House in a maze

Introduction 

The residential real estate market is a complex and ever-changing landscape, influenced by various factors such as supply and demand, economic conditions, and affordability. In recent times, two significant trends have emerged as key challenges for potential homebuyers: low inventory levels and the increasing difficulty of affordability. …

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Posted in Market Updates