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 […]
Your personal home-buying schedule doesn’t have to correspond with the real estate market! In fact, buying during the “off season” can yield tremendous advantages. The “off season” differs depending on your specific location, but always refers to the period of time during a calendar year when both inventory and competition are low. Usually, this corresponds […]
Ann Arbor Home Inventory Reaches New Low Inventory for Ann Arbor homes has reached a new Spring low, and is down 4% from this time last year, based on data from the Ann Arbor Area Board of Realtors. This is beginning to affect the number of home sales with 6% less homes closing this April […]
Higher Price Points Slow for Ann Arbor Real Estate The overall Ann Arbor Real Estate market remains in a seller’s market with a current month supply of 4.2. This is mainly due to declining inventory and strong sales throughout the summer months. A reduction in inventory is typical for this time of year, but with […]
Saline Real Estate Ends 2015 in a Seller’s Market It’s good news for sellers of Saline Real Estate. 2015 ended in a seller’s market with a 4.1 month supply of homes listed for sale. This is due to extremely low inventory of available homes and higher sales for the year. At the end of 2014 […]
Year Ends in Strong Seller’s Market for Ann Arbor Ann Arbor Real Estate ended the year in a strong seller’s market with a 2.6 month supply of homes listed for sale. Inventory continues to dwindle, as it typically does this time of year, but it is at its lowest point in quite a few years. […]
Rising Inventory Helps to Balance the Market As home inventory continues to rise, the market as a whole is becoming more balanced. With a 4.9 month supply of homes available for sale, it is just barely a seller’s market. A 5-7 month supply is considered a balanced market. While homes are still selling at a […]
Saline Real Estate Inventory Down 41% Saline Real Estate sales remain strong despite the fact that the number of homes listed for sale has decreased. Compared with a high in June of 215 homes for sale, the year ended with a 41% reduction of inventory with only 126 listings. Lowered inventory is typical for this […]
Inventory Increases for Ann Arbor Real Estate Ann Arbor real estate inventory is finally starting to climb again and is up 17% with 54 new homes coming to the market during February. However, compared with February of 2012, inventory is down by 45% or 147 units. While still at historically low levels, this is great […]
Now is the Time to List Your Ann Arbor Home! While compiling market statistics today for our friends at Ann Arbor.com, the lack of inventory at the most popular Ann Arbor subdivisions became even more clear. Due to the velocity of home sales in the past year, without a break in pace throughout the winter […]
