Metro Detroit Home Prices Are Surging Again: What Buyers and Sellers Need to Know
Posted by Michael Perna on
Metro Detroit’s housing market is making headlines, and for once, it’s not the usual story of steady-as-she-goes growth. Home prices in the Motor City metro are soaring at one of the fastest rates in the nation. In fact, recent data showed Metro Detroit near the very top of U.S. cities for annual home price appreciation. Detroit even briefly held the #1 spot for fastest-rising prices late last year. This surge has caught the attention of families and industry experts alike. What’s fueling this sudden rise, and what does it mean for local buyers and sellers? Let’s break it down, with the friendly insight of a lifelong Michigander who’s seen a thing or two in this market.
Metro Detroit Home Prices Soar to the Top of the Charts
It might surprise…
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