Much to the consternation of those around us, we first saw Detroit’s price strength back in April (See our National Housing Report).
From yesterday’s HousingWire article – “Home sales rise 9.6% in greater Detroit area”:
The Detroit area experienced a 9.6% surge in home sales in July… Home prices in the four-county metropolitan area climbed 8.8%…
Ask Prices: Detroit MSA since January 2010. Asking prices moved higher early in 2011 in response to early demand indicators.
Yep, I guess we were right on this one too… [self-aggrandizing tone intended]
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Great Blog. Really nice and detailed information. I can tell you are putting your time into it. Thanks for some new perspectives on this real estate industry.
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