Spring Market Data for Ann Arbor, MI

Housing Data for Ann Arbor, MI

Listings are up, prices are down. The Pfizer homes hit the market and with there 100,000 Loss on Sale Clause, it is driving down prices all over the area.


About missycaulk

As a transplanted Southerner, I have lived and raised five children in the Ann Arbor area for the past 37 years. I know that this is a truly great place to live. This blog is about Ann Arbor and the surrounding area's real estate. It is only my opinion.
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One Response to Spring Market Data for Ann Arbor, MI

  1. In my market (Minneapolis MN) many of the sellers can’t drop the price because they don’t have any equity. Everyone bought zero down, had the seller pay closing costs and added it to the price. Then the market plateaued, or in some cases fell (especially townhomes.) I am guessing that you are not experiencing this phenomenon because the you did not have the stratospheric price increases that we had just a few years ago. Is this true?


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