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Featured Stories

Strong Housing Signals

3 minutes The housing market continues to be a bright spot for the economy with increased interest from buyers for single family housing. If homes continue to sell at the current pace, [...]

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SEMI Year-End Buyer & Seller Opportunities

2 minutes Heading into the last quarter of 2019, closed sales in the Southeast Michigan market have begun to fall off and October 1st inventory has just hit its highest point of [...]

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Covid Rebound Update—SF and Condos

2 minutes Inventory The number of homes for sale has slowly declined since June and is down 25% since this time last year. Inventory shortages are more severe for single family homes [...]

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Buyers Want Move-in-Ready Homes

2 minutes

Buyers’ interests and expectations aren’t the same as they were when many of today’s sellers bought. Years of watching made-up “shows” on HGTV, passing through a major recession, and all […]

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No Bursting Bubbles

2 minutes

The 2008 recession took everyone by surprise when it took a 40% bite out of local real estate equity before bottoming out in 2011. The market has been on a […]

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Washtenaw Year-End Buyer and Seller Opportunities

2 minutes Heading into the last quarter of 2019, Washtenaw County closed sales have begun to fall off. Inventory has past its peak for single family sales. Through the year-end season and [...]

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Fierce Competition for Affordable Housing

2 minutes Despite what most would consider off-season winter months, a shortage of affordable quality homes is creating heavy buyer competition throughout Detroit area markets such as Detroit, Ferndale, Oak Park, St. [...]

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Long-Term Inventory Shrinking

2 minutes This chart provides monthly inventory levels (first day of month) over the past three years. It illustrates both seasonal and year-over-year  trends. Source: Realcomp MLS/GLR data. Seasonal inventory levels tend [...]

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Showing Data to Predict Trends

2 minutes While seasonal cycles repeat, sales activity can vary dramatically by price range even within the same market area,. Monitoring showing activity using InfoSparks and tools provided by ShowingTime can help [...]

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Competing Offers—What to Bid?

2 minutes While the market has generally been cooling down, there are still plenty of hot pockets and price ranges. Sharp move-in-ready properties continue to be highly sought after, with listing agents [...]

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