home sales

“The latest price and profit numbers show notably downward trends, which raises new questions about whether the housing market boom is indeed ebbing, or even ending, after so many years of improvement,” said Rob Barber, ATTOM CEO.

“You’re seeing year over year seller gains drop in Lansing(-7.8%), in Kalamazoo (-7.2%)and in Ann Arbor (-6.1%) at rates that are similar to what we’re seeing nationally,” said Rick Sharga, executive vice president of market intelligence at ATTOM.

According to the ATTOM report, in the first three months of 2022, profit margins on median-priced single-family home sales across the United States recorded the first quarterly decline since late 2019, and the largest decline in a decade.

High demand and low supply has led to high home sale prices in 2021 - a trend that is expected to continue for the foreseeable future.

The pace of home flipping in Michigan’s largest markets is quickening.Home flipping is where someone buys a home, quickly renovates it and tries to sell…

Analysts expect the nation’s housing industry will slow down in 2019. But Michigan might be spared, at least for a while.Daren Blomquist is with Attom…

One analyst says Michigan and other parts of the county are turning from seller's to buyer's markets.Daren Blomquist with Attom Data Solutions says…

Michigan home builders expect demand to drive more home construction in 2018.The Home Builders Association of Michigan predicts a one percent increase in…

Homes sales in Michigan is becoming a seller’s market.After languishing for years, Michigan’s real estate market is apparently turning in favor of home…

If the Federal Reserve raises interest rates as expected later this week, one economist says Michigan’s economy could take a hit.The Fed is expected to…