Weir Manuel

Real Estate Update | September 2020

Posted by Matthew Hillier on September 23, 2020 in  Real Estate Update
To begin this real estate update, we will focus on Michigan's southeastern region, specifically the counties of Livingston, Macomb, Oakland, St. Clair, Washtenaw, and Wayne. In this area, home prices continue to rise as the year-to-date median sales price increased the most in Wayne County for the second month in a row, by 10.2% to $145,500. The next highest year-to-date median sales price increase was followed by St. Clair County, which saw prices up by 7.7% to $194,000. Year-to-date new listings across the board ... read more
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Real Estate Update | August 2020

Posted by Matthew Hillier on August 18, 2020 in  Real Estate Update
To begin this real estate update, we will focus on Michigan's southeastern region, specifically the counties of Livingston, Macomb, Oakland, St. Clair, Washtenaw, and Wayne. There, home prices continue to rise as the year-to-date median sales price increased the most in Wayne County (up 10.2% to $145,500), followed by Macomb County (up 7.7% to $194,000). One reason for rising home prices is a lack of inventory, especially among starter homes that range between $150,000 - $200,000. Year-to-date new listings across t... read more
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Real Estate Update | April 2020

Posted by Matthew Hillier on April 16, 2020 in  Real Estate Update
Though spring real estate markets across the country are not acting in a typical manner, our real estate professionals at CBWM Family of Companies have been safely doing their part to keep the industry going. Home prices in our area are not expected to drop because of the on-going housing shortage as well as to homes being withdrawn from the market during these times. That said, listings held back from the market today will be pushed into the summer months, resulting in more competition as pent-up demand gradually ... read more
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Real Estate Update | February 2020

Posted by Matthew Hillier on March 06, 2020 in  Real Estate Update
The winter months are rarely popular for Michigan’s real estate market, and with the recent snow, ice, and rain making its impact, the start of the 2020 housing market is off to a cold start. However, that doesn’t mean all real estate activity is slowing down and Michiganders should expect an uptick in activity in just a few short months.We will begin this real estate update looking at Michigan's southeastern region, specifically the counties of Livingston, Macomb, Oakland, St. Clair, Washtenaw, and Way... read more
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Real Estate Update | January 2020

Posted by Matthew Hillier on January 16, 2020 in  Real Estate Update
The 2020 housing market looks to remain positive as strong economic growth and low mortgage rates contribute to upward movement, while rising demand and short supply will increase competition. Let’s take a closer look at the local real estate market here in the great state of Michigan.The average sales price of homes in mid-Michigan’s Greater Lansing area has risen 7.4% from $168,053 to $180,537 in December 2019. As of last month, the number of available homes for sale is in the Greater Lansing market c... read more
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