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Home sales continue to decline throughout much of Downriver as interest rates rise - Vimarsana News

Home sales continue to decline throughout much of Downriver as interest rates rise

The Downriver real estate market isn’t getting any easier for house hunters. The advice of one real estate industry veteran: Follow the three “Ps.”

Low inventory affecting Dearborn-area real estate market, but region's culture cited as selling point – Press and Guide - Vimarsana News

Low inventory affecting Dearborn-area real estate market, but region's culture cited as selling point – Press and Guide

As with other markets, Dearborn’s tight inventory is shaped by higher mortgage rates, an uncertain economy, lagging new-home construction and reluctant potential sellers, real estate professionals said.