Rising Rates – Not a Good Time to Wait

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Rising interest rates are making a big impact on the market. With additional rate increases projected, both buyers and sellers who plan to move in the near future would do well to move sooner rather than later.
Consumer Market Perception

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Is now a good time to buy a home? Is now a good time to sell? Although real estate markets go through cycles, there will always be people who need to move. But whenever possible, most consumers try to move...
Recovery Run - How Much Longer?

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This month marks the 10-year anniversary of the market peak prior to the bursting of the housing bubble. The nationwide median home value is currently 9% higher than it was at the peak, but the extent of the...
Is the Market Shifting?

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Over the past few months, there has been an increasing number of listings with price reductions. In April, 27% of Southeast Michigan active listings had at least one price reduction. By August 1st, 35% had...