Housing Reports Archive

Interest Rate Impact

2 minutes

Affordable housing depends on three key elements: income, mortgage rates, and housing prices. Higher wages expand buying power, while stagnant wages challenge affordability. When mortgage rates drop, generally, monthly payments [...]

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Michigan Property Taxes in a Nutshell

2 minutes

After several years of rapidly rising prices and mild inflation (until the past two years) homebuyers and sellers need to be aware of the potential for a significant jump between [...]

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Southeast Michigan 2024 Housing: Trends and Predictions

2 minutes

Through the first half of 2024, expect demand to continue to outweigh supply. However, as the year progresses, expect to see inventory gradually rise into a more balanced position as [...]

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