“Git yer stats right here! Hot off the press!” You can access my latest market statistics here. The long story short: Housing inventory is up, across all price points. Redford and Livonia are the communities with the least amount of months of inventory, and that makes sense given the current market for first-time homebuyer homes. … Continue Reading
Real Estate One, the broker I work under, is the largest broker in the state of Michigan. So large, in fact, that in 2004 (last set of data available), according to the National Association of Realtors, we were ranked 25th in the nation for total transaction sides. So, Real Estate One is not a… Continue Reading
Warning: A cup of coffee will only just keep the head from hurting if you attempt to read the linked article! John Maudlin of Millenium Wave Advisors pens this article about the national housing market and how, nationally, he believes we are headed for a decline in housing prices. His analysis is filled with charts,… Continue Reading
Hot off the Excel SS presses, here are some statistics to look over. These stats are compiled from the Ann Arbor Area Board of Realtors monthly statistics reports. If you would like to see more monthly stats from them, click here. The upshot of the numbers is that it is what we have come to… Continue Reading
So the Detroit Free Press has finally jumped on the bandwagon and figured out that the local housing market is inundated with homes to sell. Signs of Sagging Demand is the headline and the article goes on to point to examples of homes on the market for a long time, one as long as two… Continue Reading
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