18/07/2024 | News release | Distributed by Public on 18/07/2024 22:39
"Despite inflation pressures and rising mortgage rates, there is still strong demand from first-time buyers throughout metro Detroit," said Jeanette Schneider, president of RE/MAX of Southeastern Michigan. "Whether it's a new job, a marriage or divorce, there will always be life events that necessitate moving and buying a home. Our ranking illustrates the hot points our agents and brokers are seeing throughout the region."
Redford Township came in second place with 246 homes sold so far this year at a median price of $155,500 with homes on the market for 34 days. Dearborn Heights placed third in the Re/Max report with 286 homes sold, at $185,000, on the market for 35 days.
The rest of the list is as follows: