Real Estate Market Update

Provide Real Estate Market Updates for Oakland and Macom Counties Michigan.

Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

Buyer's Agent First-Time Homebuyer Update 🏡 First-Time Homebuyer Update – May 29, 2025 Navigating the housing market as a first-time buyer can be challenging, but recent developments offer promising opportunities: 📉 Mortgage Rates: A Slight Uptick As of May 22, 2025, the average 30-year fixed mortgage rate stands at 6.89%, a modest increase from the previous week’s 6.86% . While […]
Buyer's Agent April 2025 Market Update: Single-Family Homes in Oakland & Macomb Counties By Joseph White, REALTOR® – Century 21 Professionals If you’re buying or selling a home in Oakland or Macomb County, the market continues to move fast. Here’s a quick breakdown of what’s happening in the single-family residential market as of April 2025: 📍 Oakland County Highlights Median Sold Price: $355,258 (+4.5% YoY) Price per Sq […]
Buyer's Agent Cone Zone – Sterling Heights, MI Major Road Construction                                                   Start                                             Finish  17 Mile Road Mound Road […]
Real Estate Agent Commercial Metro Market Reports Q3 2024 The National Association of REALTORS® (NAR) released its Q3 2024 Commercial Real Estate Market Insights, highlighting key trends across various sectors: 🏢 Office Sector Vacancy Rates: Remained at a record-high 13.8% in Q2 2024, though the pace of increase has slowed. Net Absorption: Improved to -42 million square feet, indicating a slight uptick in demand. […]
Buyer's Agent Luxury Market update – Oakland and Macomb Counties, Michigan 🏡 Oakland County Luxury Neighborhoods 1. Bloomfield Hills Market Snapshot: As of March 2025, the median home sold price was $607,619, reflecting a 1.6% decrease from the previous year. Property Highlights: Homes often feature expansive estates with custom architecture, manicured landscapes, and proximity to elite schools and country clubs. Notable Listings: Properties range from historic […]
Buyer's Agent Offering a Home Warranty as a Seller – Pros and Cons. ✅ Pros of Offering a Home Warranty as a Seller 1. Boosts Buyer Confidence Makes the home feel like a safer bet, especially if it’s older or has aging systems. Reduces concerns over “what if something breaks after I move in?” 2. Differentiates Your Listing It can be a subtle advantage that sets your property […]
Buyer's Agent What Homebuyer’s Like and Dislike about Troy, MI. 🏡 What Homebuyers Like About Troy 1. Top-Tier Schools = Long-Term Value Troy School District is a huge draw. Even if buyers don’t have kids, homes in good school districts tend to hold value better. 2. Safe, Stable Neighborhoods Great for families, retirees, and anyone wanting peace of mind. Low crime, quiet streets, and well-kept […]
Buyer's Agent Sterling Heights – Likes and Dislikes Sterling Heights, Michigan, is a diverse and thriving suburban city, and its residents have strong opinions about what they like and dislike about living there. Here’s a breakdown: What Residents Like About Sterling Heights: Safe and Family-Friendly: Consistently ranked as one of the safest cities in Michigan. Low crime rates make it an attractive place […]
Don't Miss Our Next Post
Subscribe Now
Real Estate Market Update Is a Airbnb for you? How to Start an Airbnb in Oakland or Macomb County: A Guide to Short-Term Rentals The short-term rental market in Oakland and Macomb County is growing, offering property owners an opportunity to generate extra income. Whether you’re considering renting out a spare room or turning an entire property into an Airbnb, understanding the local laws, […]
Real Estate Market Update As of February 2025: The rental market in Sterling Heights, MI As of February 2025, the rental market in Sterling Heights, Michigan, presents the following trends:   FREE Guide: Should You Rent or Buy? Average Rent Prices: Overall Median Rent: Approximately $1,247 per month, reflecting a 1.4% decrease from the previous month and a 2.6% increase year-over-year. apartmentlist.com Studio Apartments: Average rent is $900 per month, […]
Real Estate Market Update Why Now is the Perfect Time to Sell Your Home in Oakland & Macomb County Thinking about selling your home but not sure if the timing is right? The real estate market in Oakland and Macomb County is still strong, and homeowners who list now are in a great position to get top dollar. Here’s why you should consider selling sooner rather than later. 1. Buyers Are Eager & Inventory […]
Real Estate Market Update How interest rate changes are impacting homebuyers in 2025 Oakland and Macomb Counties Michigan In 2025, homebuyers in Oakland and Macomb Counties, Michigan, are facing significant challenges due to rising interest rates. The average rate on a 30-year fixed mortgage has surpassed 7% for the first time since mid-2024, reaching 7.04% this week. WSJ This increase has made home-buying less affordable, as higher rates lead to increased monthly mortgage […]
Real Estate Market Update A Regulatory Freeze: What President Trump’s Executive Order means for Housing. On January 20, 2025, President Donald Trump issued an executive order implementing a regulatory freeze across federal agencies, aiming to reduce housing costs by cutting regulations and expanding housing supply. HousingWire Implications for the Housing Market: Regulatory Uncertainty: The freeze introduces uncertainty regarding the future of housing policies and mortgage lending, as it halts progress […]
Real Estate Market Update 2025 Real Estate Market Update for Oakland and Macomb Counties, Michigan As of January 2025, the real estate markets in Oakland and Macomb Counties, Michigan, exhibit distinct trends influenced by factors such as inventory levels, buyer demand, and pricing dynamics. Oakland County: Home Prices: In November 2024, the median sale price in Oakland County was $347,000, marking a 7.4% increase compared to the same period in […]
Home
Properties
About Me
Blog
Neighborhood News
eho-89x83.png
ResidentialCenter(2)
realtor_white-71x83.png

Terms Of Use | Privacy Policy | Accessibility Statement | Fair Housing Notice

[copyright]

©2022 . All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.