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Real estate, nonessential? Realcomp CEO Karen Kage disagrees

Real estate, nonessential? Realcomp CEO Karen Kage disagrees
crainsdetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainsdetroit.com Daily Mail and Mail on Sunday newspapers.

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Homes continue to sell quickly in Southeast Michigan, often in same month of listing

Homes continue to sell quickly in Southeast Michigan, often in same month of listing
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Metro Detroit homes selling at record-fast pace

Metro Detroit homes selling at record-fast pace
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Detroit's Hot Real Estate Market Is Tough for First-Time Homebuyers

Detroit's Hot Real Estate Market Is Tough for First-Time Homebuyers
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Deadline Detroit | Looking for a Home? Michigan's Housing Market is 'Absolutely Crazy' Competitive

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March 05, 2021, 8:08 AM
You might think that a pandemic, coupled by a sluggish economy and a challening employment rate would create an appealing real estate market for buyers. Think again.
Detroit listings at Zillow
Paula Gardner of Bridge Magazine reports:
Get ready to compete with other buyers – probably a lot of them – who will start writing offers within hours of a home hitting the market.
Michigan’s housing market may be the most competitive in history, with double-digit sale price increases as home listings across the state plummeted 54 percent in January from a year earlier. It’s more severe than the national listing decline, which reached 42 percent over the same period and set a new record. ....

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