Market Trends & Real Estate News

A person’s home has always been important, but with everything that has happened over the last couple of years, they hold even greater value than ever before. They are the place for us to let our hair down, not to mention our guard, and just exhale. This year, like last, the market has been a…

The housing market in Michigan boomed last year. With low-interest rates, home buyers were hungry to get into a house, but with lower than usual foreclosures and low inventory, it was a dog-eat-dog market. We saw a little of everything. Homes were flying off the market; often sellers received offers within the first day of…

We at 616 Realty hope we were able to help you find your dream home, but regardless, we hope that as the new year approaches, you are more excited than ever about the future, your life, and making your home the comfortable oasis it should be! To help you with that, we found the hottest…

There’s a lot of chatter out there right now about the housing market and what to expect over the next few months. With that in mind, we wanted to reach out with an overview of where the market currently stands and some things for prospective buyers and sellers to keep in mind. As always, we’re…

School started, pumpkin lattes are at the coffee shops, and there are even some stray leaves changing colors and littering the ground, so it must be fall, right? Things are not only changing with our environment but also in the housing market; they are cooling off.  Is it still a seller’s market?  It is still…

As we near the end of summer, we wanted to keep you updated on the current landscape of our area’s real estate market. If you are considering buying or selling, here are some key things to keep in mind: Mortgage rates may rise slightly but should remain near record lows, inventory could increase soon, home…

It is always an exciting time to be in real estate; things are constantly changing! And, 2021 is no different. Home sales continue to rise in the region despite the uncertainty in the world. More than ever, there is an appreciation for our homes, and their value has gone beyond monetary investment as more than…

Housing Market News: Thinking about selling your home? Buying? Now’s a good time! While Americans and the world have been hit hard with a number of economical, health, social and political issues, historically low interest rates, record numbers of people working from home, and children learning remotely has increased American’s desire to find their dream…