This month’s Realcomp Home Sale Report tells a familiar story, as it is similarly the same one we have been seeing and sharing over the last several months.
As compared to March of 2013, the combined number of residential and condo sales are down throughout the entire reporting area, with Dearbron Heights and Genesee County with the greatest drop by 28% and 20 % respectively. The area with the least percentage change was livingston county, coming in with only a slight drop from last year March at -2.1%. Oakland county came in with a 14.5% drop in number of sales. Once again, these numbers are indicative of the low listing inventory, which depletes the options for buyers. Continue reading "March 2014 – T"