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
June 2016 Market Update
Many consumers are questioning, “Where are we in our housing recovery? At the middle? End? Or are we even heading towards another bubble?” Let's take the “bubble” question first. The potential bubble is rooted in the strength of the [...]
May 2016 Market Update
Homeowners in SE Michigan have more jobs, money, and equity in their homes than they have had in 10 years, and many who had been financially locked into homes which no longer suited their [...]
April 2016 Market Update
March finished with a nice flourish of activity with pending sales (new contracts written in March) up across all price points compared to last March. The pace of new listings entering the market was still [...]
March 2016 Market Update
Another month of mild winter weather has helped boost both the number of homes sold, as well as the number of new listings entering the market. For the under $250,000 price ranges, the homes [...]
February 2016 Market Update
It looks like it might be shaping up to be an interesting spring market. Although the trend of rising inventories is still taking hold, a combination of good weather and continued buyer interest at all [...]
January 2016 Market Update
It was a bit surprising to see 2015 end with a flourish of new sales contracts. We think the jump in sales activity was as much a result of mild weather as increasing buyer [...]