Weir Manuel

Real Estate Update | November 2019

Posted by Matthew Hillier on November 15, 2019 in  Real Estate Update
Michigan’s cold weather is in full effect, which officially signifies that our housing market will be entering its slower season — though many remain optimistic as sales volume has remained up since September.Looking at Mid-Michigan’s Capitol region, the median sold price has decreased 7% compared to September 2019 when it was $169,950, while last month’s was $157,750. In comparison to October 2018, this year’s median sold price is up 5%. The city with the highest median sold price in ... read more
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Real Estate Update | October 2019

Posted by Matthew Hillier on October 17, 2019 in  Real Estate Update
The page has officially turned on the summer real estate market, as September 23rd marked the start of the notorious fall market. Now, bidding-wars are coming to an end and those who didn’t buy during the spring/summer months are now ready to swoop in and hopefully score on those end-of-the-year deals! With that said, you should not underestimate for what is typically a slower period for the housing market and be prepared for what is likely to be an active season.According to Realtor.com’s annual h... read more
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Real Estate Update | September 2019

Posted by Matthew Hillier on September 20, 2019 in  Real Estate Update
The warm-weather housing market might be coming to a close in just a few short weeks, but don’t worry — if you’re looking to enter the market there’s still a good chance to find a buyer/seller before the end of the year. In fact, you could be coming in at exactly the right time because Michigan has some interesting new hot spots.Located in Wayne County is Michigan’s hottest housing market, Livonia! Not only that, but Livonia’s 48154 zip code is the sixth hottest in... read more
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Real Estate Update | August 2019

Posted by Matthew Hillier on August 16, 2019 in  Real Estate Update
As the school year gets underway, Michigan’s housing market is expected to continue along the same trends that its been experiencing — more money coming in over listing prices and plenty of people buying.Part of Michigan’s dormant housing market can be attributed to the lack of new construction permits, which is continuing a slowdown that started back in January 2019. This past June, a total of only 330 single-family home permits were issued in the areas of Macomb, Oakland, St. Clair, and Wayne co... read more
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Real Estate Update | July 2019

Posted by Matthew Hillier on July 16, 2019 in  Real Estate Update
As a result of months of low inventory, home prices continue to escalate throughout Michigan’s housing market — however, real estate professionals are starting to see signs of progress as available inventory begins to grow.Grosse Pointe made up for its unusual decline in closed sales with a 42 unit jump to 92 closed sales in May. Available listings continue to rise — up 12% from the prior month and 21% from a year ago. Additionally, prices have been leveling off and the average sale price is about... read more
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