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Current Wisdom

2nd Quarter Update, 2016

The summer of 2016 has followed the same trends as the winter and spring, with inventories remaining tight across all markets under $500,000, particularly in the $100,000-$250,000 segments. Sales are up in most … [More...]

Southeast Michigan Market Update

Many consumers are questioning, “Where are we in our housing recovery? At the middle? End? Or are we even heading towards another bubble?” Let's take the “bubble” question first. The potential bubble is rooted in … [More...]

Quarterly Market Update 2016

March finished with a nice flourish of activity with pending sales (new contracts written in March) up across all price points compared to last March. The pace of new listings entering the market was still slower … [More...]

SE Michigan Market Update – Feb 2016

It looks like it might be shaping up to be an interesting spring market.  Although the trend of rising inventories is still taking hold, a combination of good weather and continued buyer interest at all price … [More...]