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Tag: home sellers

Renting Out Your House Instead of Selling? What Changes in Southeast Oakland County

Four metal house keys hanging on thin wires against a dark gray background

Thinking of renting your Oakland County home instead of selling? Here is what changes: the loss of the principal residence exemption, city rental licenses and fees, and Michigan’s lease and security deposit rules.

Do You Need a City Inspection to Sell a House in Southeast Oakland County? Usually Not — Here’s What Does Apply

Front entrance of a red brick house with a white gabled portico, wooden door and shrubs along the walkway

Most southeast Oakland County cities do not require a city inspection to sell an occupied home. Here is what does apply: vacant-house rules, rental licensing and the final water reading, city by city.

Selling a Home in Oakland County? The Fixed Costs Run About 1.3–1.4% Before Commission and Concessions

Small model house with a gray roof and red siding beside a set of house keys on a wooden table

What it costs to sell a home in Oakland County, Michigan in 2026: the 0.86% transfer tax and owner’s title policy run about 1.3-1.4% of the price, worked out on the $383,500 median. Plus commission, concessions, tax prorations and a state transfer tax exemption most sellers never check.

Oakland County Listings Grew in October, When They Usually Shrink. Homes Under Contract Fell 13.5%

Aerial view of a suburban neighborhood with curving streets and houses among trees in autumn colors

Oakland County active listings rose 5.1% from September to 3,761 in October 2026, up 29.4% from a year ago, while homes under contract fell 13.5%. Asking prices per square foot held flat. What it means for sellers and buyers heading into winter.

What It Took to Buy a Home in Southeast Oakland County: 2025 Buyer Incomes and Down Payments, City by City

Tree-lined residential street in Romeo, Michigan, in autumn, with a white picket fence in front of a white house and fallen leaves along the road

Federal mortgage records for 2025 show what financed buyers in Troy, Royal Oak, Birmingham, Ferndale, Southfield and other Southeast Oakland County cities actually earned, borrowed and put down, and what the same loans cost at today’s 7.24% rates.

Downsizing in Oakland County? Why a Smaller Home Can Come With a Bigger Property Tax Bill

Single-story red brick ranch house with white shutters, a covered front entry and a green lawn

Many long-time Oakland County owners pay tax on about half of what a new buyer would. Here is why downsizing can raise your property tax bill, a worked Troy example, and where the bill to end uncapping stands.

What the Nov. 3 Millage and Bond Proposals Would Cost Oakland County Homeowners

Two empty voting booths marked VOTE with an American flag, set up at a polling place

Oakland County’s Nov. 3 ballot carries two countywide millages and local bonds in Royal Oak, Birmingham, Bloomfield Township and more. What each would cost per $100,000 of taxable value.

Selling a Home in Oakland County This Fall: How to Price When 42% of the Competition Has Already Cut

Oakland County has 25% more homes for sale and 42% of listings have cut their price. How to price from closed sales, when a concession beats a cut, and what winter does to your odds.

Oakland County Has More Homes for Sale. That’s Because They’re Selling More Slowly, Not Because More People Are Selling

For Sale sign in the front yard of a tan craftsman-style house at sunset.

Oakland County had 25% more homes for sale in September 2026, but new listings were flat. Here’s why sales slowed, what 7% rates cost, and what it means for you.

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