Real Estate Stats & Market Updates
Important First Step- Know The Market
Whether you’re going to Sell or buy now or later, I recommend keep up to date and protect your real estate investment. It’s important to know What Market You’re In and your Negotiation Power. We break down the data every month from jobs report to your 3-year live trends by city and price ranges. I have provided on the bottom right Chatbot, so if you have questions start there. Hope this helps you navigate through this important maze. Better yet call me, and we can do a zoom call and break everything down.
Where Do you Start?
- It’s important to know what is going on in the market by county overall. For months, our inventory has been low as well 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.
- The local market update will have the raw numbers for you to review including last years.
- This is where is gets fun…. Select your city and price ranges group by 50k intervals. You can review 3-year live trends for average sale in that range as well on how long it would take a home to sell. (Month supply on Market)
- Important Monthly Market Report – here is your glimpse into my crystal ball and how the market will affect us in Metro Detroit moving forward. We cover Jobs Report, the Economy, year over year metrics, future projection on house prices, future of buying and selling real estate in general. The report is prepared in a safe PDF PowerPoint presentation that you can download.
Depending what is going on in the market I will customize the rest of the page with helpful articles, reports, that will help guide you through the Recession to Recovery. Every month check back as it does change between 12-15th of the month.
Moving Forward ….Details are going to be Important
Dec. Data Click to Enlgarge
Nov. Data Click to Enlarge
Oct. Data Click to Enlarge
Sept. Data Click to Enlarge
Year Over Year by County
Click to Enlarge
Click to Enlarge
This is my 3rd Recession in Real Estate, and I can’t believe I’m doing this again 😡. I felt it was time to resurrect my Reports and Stats to update you from Recession to Recovery, so you can make the best decisions moving forward based on facts. Your Hyperlocal Market Updates are broken down by City below in the carousel and price range. Important, you can track 3-year live trends by average price and Days on Market. (How long it could take to get an offer) This gives you access to my crystal ball. Is this the BEST TIME TO MOVE. The answer is YES, based on low interest rates and very low inventory.
We’ve given you access to Supply and Demand data 👇👇👇.
Know The Market Your In – 3-year live trends by City
Scroll to find your City for Average Price and Month Supply on Market
💥 Important 💥 Monthly Market Report
It’s important to protect your real estate investments, and to do so you need the facts. This month has been the craziest month ever and I’ve never worked so hard trying to keep up with all the data flooding in from Wall Street, Financial Institution, and Real Estate data sources. Holy Cow! I’m following this very closely and will have updates in most cases daily.
The Monthly Report
This report is a comprehensive walk through of the most up-to date information regarding the real estate industry. So what we knew January-March, well throw it out the window. At the beginning of March, we were talking about having a sensational year. It wound up that January and February, 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, let’s go over the questions that you’re going to be asked, and let’s go over the answers so that you have them. Get Your Report in a Safe Downloadable PDF 👇👇👇
Home Value Going Down or Up?
With the housing market staggered to some degree by the health crisis the country is currently facing, some potential Purchasers & Sellers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market’s demand for that item. The answer it all depends on the location and the price range.
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 above reports and trends. Call me and we can do a Zoom call and review together. 📲 248-343-2459
Rising Home Equity
Housing Market 2021
We are following the experts on what will be fueling our economic turnaround and the housing market. The trends could change quickly depending on the jobs, and the biggy will be interest rates. We are watching the impact of the National Debt, Stock Market, and the Recession. This is where you can take a peek into my Crystal Ball and what the future may hold moving forward.
Seeing this is my 3rd Recession in the real estate business. I’ve updated all the Selling and Buying Tips and Tools and so you have access to my crystal ball. There are 2 parts to making the most money on the sale of your property.
1. Know the Market You’re In
Marketing, so you can separate your property from the competition. Equally important you want to keep the buyer focused on your property and not get lost in the shuffle. Having digital omnipresence on serval platforms is your key to success. You can check out how we used High Tech Digital Marketing!
First and Foremost, Safety First!
As we move forward trying to navigate our way through our new surroundings. 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 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! Please share your thoughts below or what future article you would like to see. Your opinion is important to us…. this site is for you ❣
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.
Website Development, Production, and Content by Pam Sawyer @ Team Tag It Sold © 2017 All Rights Reserved