Your Housing Market Trends for Metro Detroit
I’ve provided a detailed video regarding July’s Housing Market Trends and how you can benefit from all the tools on this page. Whether you’re going to sell or buy a house now or later, I recommend keeping up to date and protect your real estate investment. It’s important to know What Market You’re In and your Negotiation Power. The 🔑 to your success will be your knowledge and understanding of the housing market layers and all the housing market trends in your City.
We will break down the data every month from the jobs report, experts’ opinions & your 3-year live trends by city, and price ranges.
Step #1 ~ National Report 👇👇👇
I update the National Report around the 15th of each month. It’s important to start here to get an overall feel of the Economy and how that will affect Real Estate. I like to review the following; Jobs Report, Mortgage Rate, Treasure Yield, Mortgage Default Risk, Home Equity including cashouts (refinance), Leading Economist, and more.
I recommend starting with the report below for an overall feel of the market and how that affects you buying or selling a home.
💥 Important 💥 Monthly Market Predictions
June 2021
The Monthly Predictions Report
This report is a comprehensive walkthrough of the most up-to-date information regarding the real estate industry. So what we knew in January-March 2020 was thrown out the window as the housing market changed drastically. At the beginning of March, we were talking about having a sensational year. It wound up that in January and February 2020, we sold more houses in this country than any other January and February in more than a decade. So, we were in for a real prime, phenomenal year, and then, BAM! 💥Everything gets put on hold. So, we are keeping you up to date Nationally and in Step #2, what’s happening in your location as well. Get Your National Report in a Safe Downloadable PDF 👇👇👇
I have provided on the bottom right a Chatbot, so if you have questions, start there. Type “help,” and Bailey 🤖 will notify me. I hope this helps you navigate through this important maze. Better yet, call me, and we can do a zoom call and break everything down face to face. Cell:248-343-2459
Step #2 ~ Your Local Data
1. It’s important to know what is going on in the market by county overall. For months, our inventory has been low and how long it takes a home to sell. (Month Supply on Market) The closed sales are up, and the data is calculated year over year.
3. This is where it gets fun… Select your city and price ranges group by 50k intervals. You can review 3-year live trends for average sales in that range, as well as how long it would take a home to sell. (Month supply on Market)
4. I recommend you keep up to date in between the monthly report by following my blog. I post Buying, Selling, and Market updates every day. You can also follow Facebook, Instagram and I will be adding education videos on YouTube. This site is for you, so please let me know if I’m missing something you would find helpful.
Moving Forward ….Details are going to be Important
July Data ~ Click to Enlarge
June Data ~ Click to Enlarge
May Data ~ Click to Enlarge
Below 👇👇👇
April Data ~ Click to Enlarge
Below 👇👇👇
Year Over Year by County
Macomb Co. ~ Click to Enlarge
Oakland Co. ~ Click to Enlarge
Hyperlocal Trends
This is my 3rd Recession in Real Estate, and I can’t believe I’m doing this again 😡. We need to 🛑 looking at the market through old eyes and start fresh. Your Hyperlocal Market Updates are broken down by City below in the carousel and price range. Important, for you can track 3-year live trends by average price and Days on the Market. (How long it could take to get an offer) This data gives you access to my crystal ball. Know you’ll know when it’s the BEST TIME TO MOVE. If you not sure, the answer is YES, based on low-interest rates and meager inventory.
We’ve given you access to Supply and Demand data too. 👇👇👇
Know The Market Your In – 3-year live trends by City
Scroll to find your City for Average Price and Month Supply on Market
Step #3 ~ Sold Home Custom Advance
I’m one of the few websites you can access SOLD information without a realtor.
I’ve also programmed for you easy custom search options so you can target specific criteria or locations. I’ve also provided a how-to video so you get the most out of your search options. You will be able to access detailed information about the property.
Will See Home Prices Drop in 2021?
I’ve provide a video ☝☝☝ for you regarding July’s Housing Market Trends and Home Prices. With the housing market staggered to some degree by the health crisis the country is currently facing, some potential Buyers & Sellers are questioning whether home values will be impacted.
The price of any item is determined by supply and the market’s demand for that item. The answer it all depends on the location and the price range. To get the full PowerPoint Presentation in a safe PDF Link …Click Below 👇👇👇
There are many factors we are watching.
The 2 Most important are the Monthly Report & 3-year live trends sold home averages. Most buyers are hoping for a drop along with the low interest rates. The difference this time vs. the “Crash of 08” is homeowners have equity. So we’ve compiled our Vlog list for you as well as the above reports and trends. Call me, and we can do a Zoom call and review together. 📲 248-343-2459
Bottom-line
Unfortunately, this is my 3rd Recession in the real estate business. I research and journal in my blog post regarding real estate buying & selling strategies and market trends every day.
1. Know the Market You’re In
When You Sell, 🛑 STOP Doing This!
No 2 homes are alike, and agents need to 🛑 marketing 1 size fits all. We no longer have an exposure problem (internet). Your home is buried on public home search internet sites. The only way to compete on those platforms is the price. If you want more money, you need to apply Influence. Separate your home from the competition, so the Buyer sees value. It’s a must to keep them focused on your property and not get lost in homes’ inaccurate data on the public internet sites. Having digital omnipresence on serval platforms is your key to success. Remember MORE INFLUENCE = MORE💰. We have details on how you can utilize High Tech Marketing and Win!
Helping You Build Your Future Wealth Through Real Estate
As we move forward…it’s been tough as we navigated through all the changes. Putting your dream of a new home on HOLD shouldn’t be one of them. Now more than ever, knowledge will be your power. Know the Market You’re In and your Negotiation Power. Check out Categories for additional updates regarding the Market | Buying | Selling & My Blueprint to Your 🔑 to 🏡 Buying & Selling Success
In Closing
If you have any questions, contact us: Chatbot 🤖 at the bottom. Contact me by Email 📩 or my Cell 📲 @ 248-343-2459. With all the doom and gloom of the virus, one thing history has shown us, this will NOT define us. Stay safe! Would you mind sharing your thoughts below or what future article you would like to see? Your opinion is important to us…. this site is for you. 🤩
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