Get the Skinny on Real Estate Trends in Your Area! February 2018
March 2018 numbers are in. April numbers will be out toward the end of May.
*Pending Sales decreased by 12.2% from 2017
*Closed Sales decreased by 10.3% from 2017
*The number of homes for sale decreased 26% from 2017
*This left the month supply of homes at 1.7 months~
*Prices increased 9.8% with the median sales price of $258,000
*Sellers netted 99.1% of their asking price.
For all the numbers and statistics, the full Mi...Home Values are on the Rise... Is this another BUBBLE?
This is a question that I am being asked quite often lately. While it is true that values are increasing rapidly, researcers believe that we are not in a BUBBLE type environment. The rise in value is simply a supply and demand situation. The number of homes listing are NOT listing fast enough to keep up with the demand of the buyers out looking to buy! So, while this supply and demand is causing values to rise and this to be very much a se...
