Look for the Market Update in Your Inbox
Every month our President of Brokerage Services, Dan Elsea, provides the Market Update. This report features charts, data and forecasts for the real estate markets in Southeast Michigan and Washtenaw County. The report breaks down complicated information and makes it simple and easy for you to understand. By reading the monthly report or watching the quarterly Market Update video, you’ll always know what’s up with our ever-changing market.
Read Our Most Recent Market Reports
2016 Year End & January 2017 Housing Report
Southeast Michigan Summary 2016 Southeast Michigan Housing Numbers Up 2016 was a great year for single family home sales in Southeast Michigan. Many factors including location, price range and condition affect the value of [...]
November 2016 Market Update
November 2016 Market Update Southeast Michigan Spotlight on Detroit Over the past few years, all the talk about and focus on Detroit has been exciting. Everyone is cheering for our city and so many [...]
October 2016 Market Update
October 2016 Market Report Southeast Michigan Predicting the Next Housing Bubble The 2008 recession took most by surprise. In hindsight, understanding the phases that make up a typical real estate market cycle should give [...]
September 2016 Market Update
Southeast Michigan August 2016 Summary Comparing August to July, inventory of available homes dropped as the market has moved past its peak season. The number of August new pending sales (which will be our [...]
August 2016 Market Update
This summer continues to be good for real estate sales throughout the county and for local Southeast Michigan real estate, in particular. In discussing the 2016 summer market, Jonathan Smoke, realtor.com’s chief economist said, [...]
July 2016 Market Update
The summer of 16' has followed the same trends as the winter and spring, with inventories remaining tight across all markets under $500,000, particularly in the $100,000-$250,000 segments. Sales are up in most markets [...]