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Page 11 - Jeanette Schneider News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Metro Detroit home market continues to normalize | Crain s Detroit Business

Metro Detroit home buyers are finally in a position to make considered choices, real estate professionals said this week, as the urgency of the pandemic-era housing market has waned with rising interest rates.

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Report: Metro Detroit Home Sales Continue to Fall as Prices Rise

According to RE/MAX of Southeastern Michigan, home sales plummeted 19.9 percent from 4,281 units to 3,431 unit year-over-year.

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Metro Detroit home sales down 20% amid higher mortgage rates

Rising mortgage rates continue to put the brakes on metro Detroit s once-frenzied housing market.

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Home prices are up, sales are down in metro Detroit | Crain s Detroit Business

There are fewer homes on the market, but they're sitting there a little longer, RE/MAX data shows.

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Report: Metro Detroit Homes Sales Continue to Fall, Prices Rise

According to the August 2022 regional housing report home sales in metro Detroit continue to tumble, down 15 percent over last August.

United statesLivingston countyMacomb countyOakland countyWayne countyJeanette schneiderMetro detroitSoutheastern michigan

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