Real Estate Market Update

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

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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 […]
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 […]
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