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Derek Oglesby, CFA, MBA  |  313-300-3115  |  |

JULY 2019

Current Mortgage Rates:

(30yr Fixed, Mortgage News Daily)
1 Month Change
1 Year Change

Days on market falling through spring for Oakland Co.

The median number of days on the market for Oakland County homes dropped to 12 days, still higher, however, than just one year ago at 9 days. Source: Realcomp II Ltd.
Days on Market, Local Areas 
Median Days on Market for selected areas around Metro Detroit from July 2018 to June 2019. Source: Realcomp II Ltd.
Median Sales Price, Local Areas
Median Sales Price for selected areas around Metro Detroit from July 2018 to June 2019. Source: Realcomp II Ltd.
Price per Square Feet, Local Areas
Median Listing Price per Square Feet for selected areas around Metro Detroit from July 2018 to June 2019. Source: Realcomp II Ltd.
Featured Properties
1557 Knob Hill, Commerce Twp, MI 48382
3 bed/1.5 baths
2,102 square feet
All Sports Commerce Lake Access
Totally Updated

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...
Recent Housing News
Metro Detroit home prices rise as inventory shows progress
While homes prices continue to escalate in the metro Detroit market, low inventory is still a pain point for buyers — but real estate watchers are starting to see signs of progress...

These are metro Detroit's top 5 places for first-time home buyers
A recent survey of agents and analysis of listings data produced a list of five cities and townships in metro Detroit that are well-suited for first-time buyers. The factors considered were affordability, neighborhood amenities and recent popularity with buyers...

Looking to buy or sell a home? Here are the real estate hot zip codes across metro Detroit

Lower Interest Rates Coming? Here's What It Means for You

The Federal Reserve has sent a signal that it's ready to start cutting interest rates, maybe as early as next month. And that could affect you in lots of ways, including when you use your credit cards and make your monthly house payment...




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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  |
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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