Copy
View this email in your browser
Derek Oglesby, CFA, MBA  |  313-300-3115  |  derek@derekoglesby.com  |  derekoglesby.com

SEPTEMBER 2019


Current Mortgage Rates:

9/4/2019
(30yr Fixed, Mortgage News Daily)
3.46%
 0.39%
1 Month Change
 1.19%
1 Year Change

Days on market climbing going into fall for Oakland Co.

The median number of days on the market for Oakland County homes climbed to 19 days, higher than one year ago at 15 days. Source: Realcomp II Ltd.
Days on Market, Local Areas 
Median Days on Market for selected areas around Metro Detroit from September 2018 to August 2019. Source: Realcomp II Ltd.
Median Sales Price, Local Areas
Median Sales Price for selected areas around Metro Detroit from September 2018 to August 2019. Source: Realcomp II Ltd.
Price per Square Feet, Local Areas
Median Listing Price per Square Feet for selected areas around Metro Detroit from September 2018 to August 2019. Source: Realcomp II Ltd.
Featured Property
1557 Knob Hill, Commerce Twp, MI 48382
Price Reduction! $299,900
2,100 sf
3 bed/1.5 ba
Commerce Lake
Lake Priv, Boat slip available
Completely remodeled
Gourmet kitchen
Finished Walkout Lower Level

 
This is the home you’ve been waiting for! The combination of a turn-key, completely renovated home w/All Sports Commerce Lake access/privileges w/boat launch & slip available on waiting list! One of the finest properties in the highly sought after Commerce Lake Highlands Sub, updated from top to bottom: featuring a built-out open concept gourmet kitchen...
Recent Housing News
Metro Detroit home buyers see mortgage lower rates
The average 30-year fixed mortgage rate is now 3.74%, down from 4.71% a year ago. 
The sharp drop in mortgage rates this year, and particularly the move below 4% this summer, has given a boost to home buying...


Home sales, prices in metro Detroit inch up
Home sales in metro Detroit inched up in July, outpacing a quieter-than-usual June, which suffered from a wet spring season..



Demand for housing in Detroit remains high
Although the city of Detroit was hit hard during the crash of the housing bubble in 2008, the fast-paced revitalization of the downtown area has since created a hefty demand for affordable housing for those with jobs in the city...


Report calls Detroit the most affordable city in U.S. for middle-class homebuyers

Skyrocketing home prices in Detroit may skew people’s perceptions of how affordable the city still is...


 

Share

Facebook Facebook
Twitter Twitter
LinkedIn LinkedIn

Follow Me

Facebook
Website
Twitter
LinkedIn
Email
YouTube
Thinking About Selling Your Home?
"As your local real estate expert, I am more than familiar with the current market conditions, home sales and real estate opportunities. If you, or someone you know, is considering buying, selling or relocating, I'm ready to help! You deserve a neighborhood Realtor who will always have your best interest in mind."
 
Derek Oglesby, CFA, MBA  |  313-300-3115 call/text  |  www.derekoglesby.com
Real Living Metro Real Estate, 1362 West Huron Rd., Waterford, MI 48328

 

Copyright © 2019, realtyINSIGHTS, All rights reserved.

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list






This email was sent to <<Email Address>>
why did I get this?    unsubscribe from this list    update subscription preferences
Real Living Metro Real Estate · 3050 Union Lake Road · Suite 8A · Commerce Township, MI 48382 · USA

Email Marketing Powered by Mailchimp