Also, quarterly inventory reports From Big House Data, LLC here are the latest market reports and analysis for Washtenaw County: With an uncharacteristically mild December, showing activity appeared to pick up around Washtenaw County. While showings do not translate into an equal or even proportionate number of purchase agreements, they are a good indicator that the… Continue Reading
While CNNMoney/Fortune Magazine recently published their list of top real estate markets for 2007 in terms of expected home price increase, they also point out some relevant facts about the Midwestern housing market. If you check out that last link, you will see that for Michigan, the magazine highlights two Michigan metropolitan areas, Grand Rapids… Continue Reading
Here’s the latest from Big House Data on the Washtenaw County housing market. From their Executive Summary: Two important twelve month moving average trend lines are beginning to flatten! The diving trend line on the number of sales is starting to pull up and the climbing trend line on the number of new listings has… Continue Reading
Or, how the media gets it right! Wow! Simply Wow! Two excellent articles this weekend that could not have been more correct in their assessment of this market and how to overcome the challenges it presents. the problem There are currently a lot of properties on the market in SE Michigan. And by properties, I… Continue Reading
One in Eighty Homes in Metro Detroit That’s right, one in eighty homes in metro Detroit is in foreclosure. This Detroit News article highlights the glut of foreclosures in the area. It also mentions that with metro Detroit leading the way in foreclosures, the area described by Oakland, Macomb, Livingston, Lapeer and St. Clair counties is… Continue Reading
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