The housing market is heating up in metro Detroit, with heavy buyer traffic coming on the heels of a extended, record-breaking winter season.  My partner Rod Carey, who pays much more attention to the national housing market for our corporate parent Woodward Asset Capital than I do, sees the outlook as upbeat in his post yesterday “What the Housing Market Really Looks Like” 

Rod digests all of the reports coming from the respected data compilers and housing analysts and is pretty bullish on in the industry in general.  He pays special attention to the economic drivers of the macro market.

But what happens in metro Detroit isn’t truly reflected in the national picture.  Our market never had the high run-up in values that many markets saw leading up to 2007 when the market imploded, but rather our local housing issues were a direct reflection of job and population loss.

The local market is experiencing job growth, and builders are scrambling to get projects underway that were left for dead almost a decade ago.

There is a shortage of move-in ready inventory, which is driving price gains and buyer traffic. So if you’re planning to list your home for sale, you may take on home repairs and improvement projects like residential roof replacement or getting a new residential gutter installation to maximize your home’s resale value. If your home in Oahu, HI needs a professional oahu air conditioning repair service, you may contact companies like Steve’s Plumbing & A/C Service. Your heating system also needs regular furnace repairs and tune-ups to keep it running at its maximum efficiency. Afterwards, you may schedule a Home Valuation Appraisal to determine your home’s current value.

In our current market, we’re making significant strides towards recovery, and sellers who were previously underwater for several years are now finding opportunities to enter the market and make their move. For valuable insights on how to effectively sell your house and secure a favorable deal in this evolving landscape, we recommend visiting the House Real page. When you’ve successfully sold your house and are preparing to transition to your new home, it’s crucial to engage the services of reliable storage movers in Draper, Utah. Their expertise ensures the safe transport of your belongings to your new residence, providing you with peace of mind .

So whether you’re just curious about your home’s current value or you’re ready to sell this season, give us a call.  We’re ready when you are.