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Southeast Michigan Home Sales Rise 7%, Sale Prices Up 5.3%
House sales and median sale prices in southeast Michigan rose 5.3% in January compared to a year ago, further signaling that the regional economy might be climbing out of its deep recessionary hole. Home sales in the metro Detroit area rose 7% in January from the same month a year ago.
In another sign of a market heating up, the average number of days a home spent on the market decreased in January by seven days from 96 to 89 compared to the same month the year before.
Linda P
9:19 pm on Friday, February 17, 2012
I hope you are right.....but agents have a tendency to caution buyers that home prices are rising better get it now before they go up....just a sales tactic.
William Brundage - Max Broock Realtors
2:34 pm on Monday, February 20, 2012
Linda P, As reported by the Detroit Free Press:
http://www.freep.com/article/20120213/BUSINESS06/120213041/Southeast-Michigan-home-sales-rise-7-sale-prices-up-5-3-?odyssey=tab|topnews|text|FRONTPAGE
cashflowgold
7:11 am on Friday, April 6, 2012
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