Found 40 blog entries tagged as metro detroit real estate.

Selling a home you’ve lived in for many years is not just a real estate transaction – it’s an emotional journey. Home is where birthdays, holidays, and quiet moments have unfolded, so letting go can stir up feelings of nostalgia, grief, stress, and excitement all at once. In Metro Detroit, it’s common to find homeowners who have spent decades under one roof, which makes saying goodbye even more poignant. The good news is that feeling attached to your house is normal, and there are healthy ways to prepare yourself (and your family) for this big life transition. With a bit of foresight and support, you can honor the memories while looking forward to new opportunities in the next chapter of your life.

In this guide, we’ll walk through how to emotionally…

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Owning a home in Metro Detroit is an exciting milestone – but it comes with a few surprises that even lifelong renters might not see coming. As Metro Detroit homeowners, we quickly learn there’s more to that charming brick ranch or classic Royal Oak bungalow than the listing let on. From hidden costs to unexpected joys, homeownership here is an adventure. In true neighborly fashion, we’re pulling back the curtain on what it’s really like to own a home in the Motor City suburbs and beyond. Here are 13 surprising truths (drawn from local experience) about owning a home in Metro Detroit – consider this your friendly heads-up from one neighbor to another.

Whether you’re a first-time buyer or a seasoned homeowner, some of these will make you nod in…

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Selling your home FSBO (For Sale By Owner) in Downtown Plymouth can be enticing – after all, Plymouth’s housing market has been strong lately, and skipping agent commissions sounds like big savings. But before you stick a “For Sale” sign in the yard, it’s important to understand the local market trends, the FSBO process, and the challenges that come with going it alone. In this guide, we’ll dive into 2024–2025 Downtown Plymouth home values (median prices, days on market, FSBO success rates), walk through the FSBO sale step-by-step, compare doing it yourself vs. hiring an agent (with insight into The Perna Team’s advantages), and even look at who’s buying in Downtown Plymouth these days. By the end, you’ll have a clear picture of what to expect and how to…

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Introduction: If you’ve been following the Metro Detroit real estate market, you might be scratching your head at the latest news. In March, home sales across Metro Detroit fell by about 14% compared to a year ago. Fewer people are buying homes right now – yet paradoxically, home prices are still rising. The median sale price in the region jumped roughly 6% year-over-year in March (to about $323,950)​. What’s going on here? In this article, we’ll break down the trends behind the numbers, from Detroit housing trends in each county to the factors driving prices up. We’ll also share some neighborly advice for homebuyers and sellers navigating these economic shifts (like rising interest rates and inflation). By the end, you’ll understand why prices keep…

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If you’re a homeowner in Farmington Hills, Michigan, you’ve probably wondered, “What’s my home worth in today’s market?” With the real estate landscape shifting through 2024 into 2025, it’s a smart question to ask. Farmington Hills has seen notable trends in home values, and understanding these trends can give you confidence whether you’re planning to sell or just curious about your equity. In this article, we’ll analyze the latest home value trends for 2024–2025 in Farmington Hills – including average and median sale prices, price per square foot, and days on market. We’ll also look at example home valuations by style (ranch, colonial, condo) and neighborhood (Rolling Oaks, Woodcreek, Ramblewood), and discuss what affects home values in the area.…

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Metro Detroit’s real estate scene is witnessing a generational plot twist. Baby boomers – armed with decades of equity and a taste for the good life – are swooping into cities like Royal Oak, Troy, Grosse Pointe, and Bloomfield Hills and snapping up homes at a remarkable rate. Even more striking? Many are buying entirely in cash, outmatching the competition with offers that sellers can’t refuse. Local families and savvy homebuyers are feeling the effects of this trend across the region.

The New Kings of Metro Detroit Real Estate

Walk into an open house in Royal Oak or Troy these days and you might see it firsthand: an eager millennial couple touring the kitchen, only to be outbid by a pair of retirees who flash a cash offer before the day is…

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Selling your home is a big decision, and in Michigan it involves more than just finding a buyer and signing papers. Michigan has specific legal steps every seller must follow – from the moment you list your home to the day you close the deal. Missing a step or skipping a required disclosure could delay your sale or even land you in legal trouble. But don’t worry! In this friendly guide, we’ll walk you through each step in plain English, with pro tips and examples (from right here in Metro Detroit) to make the process easier.

By the end, you’ll know exactly what to expect: the forms you need to fill out, the laws you need to follow, and how to tackle everything from listing to closing with confidence. We’ll also highlight how The Perna Team – one of…

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Selling your home is a big decision, and timing can significantly impact your success. In South Lyon, Michigan, many homeowners ask: Is spring really the best time to sell? In this detailed guide, we’ll dive into local real estate trends for 2024 and early 2025 to answer that question with facts. We’ll explore South Lyon’s home prices, days on market, and buyer activity, and compare spring vs. summer, fall, and winter market conditions. We’ll also look at who the buyers are (local vs. out-of-town) and what features they’re looking for in 2025. Finally, we’ll highlight The Perna Team’s proven track record in South Lyon and why we’re a trusted choice for sellers. Let’s jump in!

South Lyon Housing Market Trends (2024–2025)

South Lyon’s real estate…

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Selling a home in Northville Hills Golf Club in 2025 is a golden opportunity. This prestigious Northville Township community – centered around an Arnold Palmer signature golf course – has become one of Metro Detroit’s hottest luxury markets. Home values are up, buyer demand is strong, and no one knows the neighborhood better than The Perna Team. In this detailed guide, we’ll explore why Northville Hills Golf Club stands out and how you can leverage current trends (with the help of The Perna Team’s expertise) to sell your home for top dollar.

A Thriving Seller’s Market in 2025: Northville Hills Golf Club by the Numbers

The housing market in Northville Hills Golf Club is booming in 2025, making it one of the best times to list your home. Recent…

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Metro Detroit is a region that thrives on resilience, growth, and a strong sense of community. From historic neighborhoods in Detroit to suburban gems like Royal Oak and Novi, homeownership is a defining aspect of stability and success. Owning a home is more than just having a place to live—it’s about securing a future, building wealth, and creating a space that is truly your own. Whether it’s the pride of achieving this milestone, the financial advantages, or the deeper connections to a community, homeownership remains one of the most rewarding investments a person can make.

Non-Financial Benefits

A Sense of Accomplishment

Purchasing a home is a significant life achievement. It’s the result of years of dedication, financial planning, and…

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