This winter will be the new spring market in 2022 in Metro Detroit MI. Education will be key as we shift into a New Housing Market. ~
Metro Detroit Housing Market Trends & Predictions
I’ve provided a detailed video regarding the housing market and how you can benefit from all the tools on this page. Whether you’re selling or buying real estate now or later, I recommend keeping up to date and protecting your real estate investment. It’s essential to follow the September Housing Market Trends for Metro Detroit and know The Market You’re In, and it’s the only way you’ll know your true Negotiation Power.
Follow Steps Below
We will break down the monthly data from the jobs report, experts’ opinions & your 3-year live trends by city, and price ranges. Mer
Step #1 ~ National Report 👇👇👇
I update the National Report around the 15th of each month. It’s essential to start here to get an overall feel of the Economy and the effect on the Housing Market. 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 💥 National Housing Market Numbers and Market Predictions
National Monthly Housing Market and Predictions Report
This report is a comprehensive walkthrough of the most up-to-date information regarding the Housing Market Trends. 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 an absolute prime, phenomenal year, and then, BAM! 💥 Everything gets put on hold. So, we will keep you up to date Nationally. In Step #2, we’ll dive deep into your Housing Market Trends by your location. Get Your National Report in a Safe Downloadable PDF 👇👇👇
Getting Help understanding Metro Detroit Housing Market Updates
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 vital maze. Better yet, call me, and we can do a zoom call and break Everything down face to face. For Immediate questions, call or 📲 Text my Cell:248-343-2459
Step #2 ~ Your Local Data in Metro Detroit
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.
Any questions Call or Text 📲 248-343-2459
Year Over Year by County ~ December Stats
Metro Detroit Housing Market Trends by City
Unfortunately, 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. For your Hyperlocal Market Updates, select your 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 are unsure, the answer is YES, based on low-interest rates and meager inventory. Any questions Call or Text 📲 248-343-2459
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. You’re able to access detailed information about the property just like a Realtor. Any questions, Call or Text 📲 248-343-2459
Are Home Prices Going Down in Metro Detroit? ~☝☝☝ Watch Video
This is the first video I created on this topic, and let me apologize upfront. I felt the data was more important to share vs. the video quality. 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. Realtor.Com has some bold predictions for the housing market in 2022.
Mortgage Rate Curveball
Mortgage rates spiked up to 3.75% depending on your credit score…not good for buyers or sellers. I am watching this trend closely as it could affect home prices in the future. Watch the video for deals.
Supply and Demand
We are still having a supply problem; there still aren’t enough homes for sale. The demand is still stable even though interest rates are ticking up. The experts predict this will change, and we move into the 2nd quarter of 2022.
Housing Prices in Your Neighborhood
To understand what will happen with Housing Prices in your neighborhood, you need to review Step #2. Select the City and the price ranges. Follow your cursor on the graph lines to get an accurate picture of prices and review the month supply on market. The month supply is our indicator of how strong a Sellers’ Market we are currently in.
There are many factors we are watching.
I will update all reports and live trends by the 15th of the month. I also will blog updates throughout the month as well. If you have questions, Call / Text me, 📲 248-343-2459. We can also schedule a Zoom Call.
Bottom-line ~ Metro Detroit Housing Market Trends
I research and journal in my blog post regarding real estate buying & selling strategies and market trends every day.
Simplifying Real Estate Through Education
As we move forward, it’s been challenging 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
If You Need To Sell 1st… I Recommend 🛑Doing This!
No 2 homes are alike, and agents need to 🛑 marketing ONE 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. Keeping them focused on your property and not getting lost in homes’ inaccurate data on public internet sites is necessary. 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!
If you have any questions, contact us: Chatbot 🤖 at the bottom. Contact me by Email 📩 or my Cell 📲 @ 248-343-2459. 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.🤩 To Keep up to date request our 🏡 Chat Newsletter or Follow us on Facebook, Instagram, or YouTube.
Help me Find my Perfect Dream Home!
Tell me what you’re looking for in your new Dream Home…I can help you find the newest and best homes on the market.
Let us know what we can do to help you work your way through the Buying & Selling Puzzle.
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