Why Metro Detroit’s Home Sales Are Down This Spring (And Why Experts Expect a Turnaround)
Posted by Michael Perna on
It’s been an unusual spring for Metro Detroit real estate. If you’ve been house-hunting around Ferndale, Royal Oak, or Troy — or just driving through neighborhoods spotting “For Sale” signs — you might have noticed something surprising: homes aren’t selling quite as fast as they used to. In fact, home sales are down significantly this spring compared to last year. Buyers have more choices, yet many sellers seem hesitant. What’s going on with Metro Detroit’s housing market? And why do local experts think this slowdown may be short-lived? Let’s dive into the trends shaping our area’s market and why a turnaround could be on the horizon.
Spring Slowdown: Sales Dip Despite More Inventory
After a frenzied few years, Metro Detroit’s spring housing…
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