housing inventory gaining ground

Housing Inventory Growth Upward In Oakland County 2019

Thomas Gilliam Blog , Oakland County , realtor tom gilliam Leave a Comment

The housing inventory in and around Oakland County, Michigan has been a struggle for most buyers the last few years causing higher prices and less inventory for eligible home buyers. Although the housing inventory in Oakland County, Michigan increased in January 2019, the inventory remained averagely lower dropping by 381 homes from 3,629 in December to 3,248 in January. Housing Inventory Getting Better For Buyers While the current inventory remains dependent on affordability in 2019 as far as housing inventory and the housing market, there are signs that some areas are showing signs of an improving housing inventory situation, with year after year increases …

Buyers Market Possible

Is There a Buyers Market Creeping Up? – Realtor Tom Giliam

Thomas Gilliam Blog , buyers market , inventory , market , sellers market Leave a Comment

We all know that this sellers market would not last too much longer and it seems to be coming to an end sooner than later. The turn towards a more favorable buyers market seems to be taking place with 14% of all listings taking a price reduction in June of this year which is up from just 11% in 2016. Everywhere you turned you heard nothing but, It’s a sellers market and a great time to sell! which was true and still is in some areas of Oakland County Michigan like Farmington Hills, West Bloomfield and others, but are the …