September Data!
September Data is IN👍
Fresh MLS data gives us a clear picture of where things stand right now:
Homes are taking longer to sell (days on market at a 3-year high).
Prices in the $180K–$290K range are flat compared to three years ago.
Inventory is up to a new 3-year high.
👉 What this means: We’re in a buyer-friendly market today. More choices, longer negotiating windows, and motivated sellers.
Looking ahead, the Federal Reserve is expected to lower interest rates in 2025–2026. When that happens, mortgage rates should ease, boosting buyer demand and likely putting upward pressure on prices again.
Bottom line: If you’re buying, now is a great time to act before lower rates bring more competition. If you’re selling, pricing strategically and being flexible will be key.
Weekend Fun in Metro Detroit😄 (October 3rd through the 5th)
.🎉 Fun Events This Week
Detroit Bourbon & Blues Festival (Detroit, Oct. 3)
Sip on American whiskeys while grooving to live blues at Eastern Market Shed 5. Tastings + music = a night out with flavor. Tickets from $50 on Eventbrite.MSU Tollgate Farm Pumpkinfest (Novi, Oct. 4–5)
Wagon rides, pumpkin patches, farm animals, live music, and kid fun like “Strawland.” Free entry for most activities; rides $5–10. A fall photo-op favorite.Skitoctober Fest (Boyne Falls, Oct. 3–5)
Kick off ski season with craft beers, live bands, and mountain festivities at Boyne Mountain Resort. Free entry, drinks extra—plus perfect fall colors.
Keeping Up With the Market!
Today's Most Recent Sold Homes
Today's Newest Price Decreases
If you or anyone you know is curious about this real estate market give me a call/text I'd love to help.
All the best,
Tim Tripon
248.835.8197