The Ann Arbor real estate market continues to showcase its dynamic nature as we analyze the numbers from the third quarter of 2024. This period has been a rollercoaster of activity, with changes in inventory, sales, and pricing that are sure to catch the eye of home buyers and local residents alike. A Comparative Look […]
Tag Archives: Home Inventory
Get Ready for a Busy Spring 2023 Real Estate Market
The Spring Market is Here! Ann Arbor, Michigan, known for its vibrant arts scene, lively downtown, and home to the University of Michigan, has consistently been one of the country’s most sought-after real estate markets. As the Spring 2023 real estate season unfolds, buyers and sellers in the Ann Arbor area are receiving mixed forecasts […]
What’s Happening in Your Local Housing Market?
Key Takeaways: Today’s market conditions are unique, and there are plenty of ways to win Let’s explore the steps you can take to pave your path to homeownership Our team is ready to help you achieve your goals, so contact us today! Amid high inflation, increasing mortgage rates, and limited housing inventory, the headlines make […]
Saline Real Estate Market Update – 3rd Quarter 2017
Saline Home Sale Prices Up 7% The Saline Real Estate market finishes off the third quarter in a slight seller’s market with a 4.7 month supply of homes available for sale. This is especially evident in the under $500,000 range with all price points in a seller’s market. This changes over $500,000 with a large […]
Why Are So Few Homes for Sale?
How is the Lack of Homes for Sale Affecting Buyers? There is no doubt that the largest challenge in today’s housing market is a lack of inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.” First American just released the results of a […]
Sellers: Your Home is an Oasis in an Inventory Desert
Home Inventory Still a Struggle for Buyers First-time home buyers are flocking to the real estate market by the thousands to find the perfect homes in order to make their dreams of homeownership a reality. Unfortunately for many, the inventory of starter and trade-up homes in the US has struggled to keep up with demand! […]
Ann Arbor Real Estate Update – May 2015
Report: US Home Inventory Low, Making It a Great Time to Sell
Happy New Year! We hope you and your loved ones enjoyed a wonderful New Year’s Eve and that you’re as excited and hopeful about 2015 as we are! And if you’re a prospective home seller, a recent report from the National Association of Realtors suggests that there’s a good chance you can get a great […]
Ann Arbor Real Estate Market Update – November 2014
Ann Arbor Home Sales Slow Due to a shortage of home inventory, Ann Arbor Real Estate sales are slowing. Typically this time of year, with colder weather and the holiday season, inventory shrinks and as a result so do sales. Compared with last month, the number of homes listed for sale has decreased 15%. Ann […]
Report: U.S. Home Prices on the Rise
Much to the elation of home sellers everywhere, home prices are on the rise in nearly all states, according to a recent report from the real estate researcher CoreLogic. Evidently, 48 states showed year-over-year gains in April. Meanwhile, home prices also showed month-over-month gains between March and April. As a result, home sellers from California to […]