2025 Froze the Market. 2026 Needs to Fix It. 2025 was one of the strangest years we’ve seen in Metro Detroit real estate. Home sales dropped 10.7%. Prices still went up 3.7%. Rates stayed over 6% all year. The market froze. Sellers are locked into sub-3% mortgages and not budging. Inventory’s tight. Competition is brutal. Nationally, sales hit a 30-year low — even when they bounced in December, listings didn’t follow. Yes, the Trump-backed $200B bond buy nudged rates down. But rate drops don’t b
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FacebookMichael Perna
2025 Froze the Market. 2026 Needs to Fix It. 2025 was one of the strangest years we’ve seen in Metro Detroit real estate. Home sales dropped 10.7%. Prices still went up 3.7%. Rates
Michael Perna. Michael Perna · Original audio. 2025 Froze the Market. 2026 Needs to Fix It. 2025 was one of the strangest years we’ve seen in Metro Detroit real estate. Home sales dropped 10.7%. Prices still went up 3.7%. Rates stayed over 6% all year. The market froze. Sellers are locked into sub-3% mortgages and not budging. Inventory’s ...
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