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Derek Oglesby, CFA, MBA  |  313-300-3115  |  derek@derekoglesby.com  |  derekoglesby.com

FEBRUARY 2020


Current Mortgage Rates:

1/30/2020
(30yr Fixed, Mortgage News Daily)
3.49%
 0.27%
1 Month Change
 1.09%
1 Year Change

Days on market higher into winter for Oakland Co.

The median number of days on the market for Oakland County homes climbed to 34 days, higher than one year ago at 33 days. Source: Realcomp II Ltd.
Days on Market, Local Areas 
Median Days on Market for selected areas around Metro Detroit from February 2019 to January 2020. Source: Realcomp II Ltd.
Median Sales Price, Local Areas
Median Sales Price for selected areas around Metro Detroit from February 2019 to January 2020. Source: Realcomp II Ltd.
Price per Square Feet, Local Areas
Median Listing Price per Square Feet for selected areas around Metro Detroit from November 2018 to October 2019. Source: Realcomp II Ltd.
Featured Property
6363 Pheasant Run, West Bloomfield Twp 48322
$2,300/mo
1,784 sf
2 bed/2 ba
Fully Furnished
Gated Community
Updated, Hardwood floors


 
Top Property for Lease in West Bloomfield! Absolutely Amazing! FULLY FURNISHED w/high-end furniture and all appliances included! A true model home. Immaculately maintained by owner, first time lease. Completely renovated, features include: all top-of-line furniture and accents included, genuine hardwood flooring in the vaulted ceiling great room, custom kitchen cabinetry...
Here is a list of my Top 5 home selling tips that won't cost you a thing! Enjoy...
Recent Housing News
Most Detroit property values are up 20 percent
Stephanie Harbin has lived in Detroit's Fitzgerald neighborhood west of Livernois at the Lodge for 50 years and she's seen it all...


Mortgage rates plunge to second lowest level in three years amid coronavirus concerns
Looking to buy a home? The coronavirus that originated in China could end up helping you save money on a mortgage...



Here’s where the Metro Detroit housing market stands in 2020
While the Metro Detroit market isn’t as hot as it was in 2017, when it was booming, the outlook for 2020 seems good for those who want to sell their homes...


FICO Is About To Change Credit Scores. Here's Why It Matters

Your credit score can determine whether you can buy a car, get certain jobs or rent an apartment. It's a big deal. And so is this: Credit scores for many Americans are about to change — even if they don't do anything...


 

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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

 

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Real Living Metro Real Estate · 3050 Union Lake Road · Suite 8A · Commerce Township, MI 48382 · USA

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