The Housing Report is a free report that provides insights on current real estate statistics, dynamics, and trends. We pride ourselves on our ability to break the numbers down in a way that’s easily understandable, helping buyers and sellers make informed decisions on one of life’s biggest purchases.
Just think of it as a real-life story problem we’ve solved for you.
60-second summaries of Michigan market areasWatch the latest videos
< 1 minute Recent Rate of Sales: The chart below tracks the weekly number of listings that went under contract for each week since January 2019. While the ‘20 line shows a strong [...]
< 1 minute Under Contract Rates: Under contract dates are the earlier of Accepting Backup Off (ABO) dates or Pending dates. Although YTD sales are ahead of the previous two years, new pendings [...]
< 1 minute Appreciation Rates: Although YTD average price per square foot is up 15% compared to last year, most of that increase came from an increased proportion of upper-end sales. When looking [...]
Most companies use automated systems to gather the data and do nothing more than present it in a more visually-appealing way. While we won’t argue that those charts can be useful, they don’t offer any explanation of what those numbers mean to the average person looking to buy or sell.
Our research team painstakingly combs through the latest data to discover trends and break it down in a way that buyers and sellers alike can understand and utilize.