Faisal Omari

Faisal Omari 🏠Listing Coordinator and Property Manager
📍Marketplace Homes
Lease | Buy | Sell | Invest
Message me with any real estate related questions!

SOLD! 🎉 Grateful for amazing clients. If you’re thinking about buying, selling, or investing, please don’t hesitate to r...
12/31/2025

SOLD! 🎉 Grateful for amazing clients. If you’re thinking about buying, selling, or investing, please don’t hesitate to reach out.

📞313 296 2333

đź“© [email protected]

SOLD! 🎉 Grateful for amazing clients. If you’re thinking about buying, selling, or investing, please don’t hesitate to r...
12/31/2025

SOLD! 🎉 Grateful for amazing clients. If you’re thinking about buying, selling, or investing, please don’t hesitate to reach out—I’m happy to help with all things real estate.

📞313 296 2333

đź“© [email protected]

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Strategy. Timing. Negotiation. $25,100 over asking and one very happy client. Not just sold, but negotiated. Selling soo...
10/21/2025

Strategy. Timing. Negotiation. $25,100 over asking and one very happy client. Not just sold, but negotiated. Selling soon? Let’s elevate your outcome.

📞313 296 2333

đź“© [email protected]

🏡 Under Contract!Excited to share that this beautiful property is officially under contract! 🎉 Grateful for the opportun...
09/03/2025

🏡 Under Contract!
Excited to share that this beautiful property is officially under contract! 🎉 Grateful for the opportunity to help my clients take the next step in their journey.

Please don’t hesitate to reach out if you have any real estate related questions.

📞313 296 2333

đź“© [email protected]

Don’t miss this beautifully updated 2-bed 1-bath condo in a warm and welcoming community with long term residents. Enjoy...
08/16/2025

Don’t miss this beautifully updated 2-bed 1-bath condo in a warm and welcoming community with long term residents. Enjoy a bright open floor plan with brand new luxury vinyl plank flooring, a brand new fridge, and stylish cosmetic upgrades in the kitchen and bath, with a balcony overlooking the pool. Take your dog for walks around the community yards, and take advantage of the shared laundry room, your private storage unit and assigned parking spot- plus plenty of guest parking. Within walking distance of top-rated Livonia schools, and located near top rated restaurants, shops, grocery stores, and with easy freeway access, this move-in ready home offers comfort, convenience, and an unbeatable location! HOA covers heat and water.

Please don’t hesitate to reach out if you have any questions or would like a showing.

📞313 296 2333

đź“© [email protected]

Welcome to this beautifully maintained 2-bed, 1-bath condo in one of Westland’s most desirable communities. Located in a...
07/21/2025

Welcome to this beautifully maintained 2-bed, 1-bath condo in one of Westland’s most desirable communities. Located in a safe, family-friendly neighborhood filled with long-time residents and near top-rated Livonia schools, restaurants, shops, and the freeway- everything you need is just minutes away. Enjoy a bright, open layout, with shared laundry, a large private storage unit, and a sparkling community pool. The expansive yards are perfect for kids, pets, or relaxing outdoors. HOA includes gas and water!

Please don’t hesitate to reach out if you have any questions or would like a viewing.

📞313 296 2333

đź“© [email protected]

Just listed in Ann Arbor! Don’t miss out on this Scio Township gem!Please don’t hesitate to reach out if you have any qu...
07/19/2025

Just listed in Ann Arbor!

Don’t miss out on this Scio Township gem!

Please don’t hesitate to reach out if you have any questions or would like a viewing:

📞313 296 2333

đź“© [email protected]

Mortgage rates spiked this week as President Trump’s tariffs led to instability in the bond market. Tariffs do not direc...
04/17/2025

Mortgage rates spiked this week as President Trump’s tariffs led to instability in the bond market. Tariffs do not directly affect mortgage rates, but they can have indirect effects through broader economic channels. They can make mortgage rates go up or down, depending on whether they cause inflation or economic slowdown.

Tarriffs and Inflation

Tariffs increase the cost of imported raw materials such as steel and aluminum, which increases construction costs, ultimately pushing home prices up as these increased costs are passed on to consumers. This fuels inflation overall. As inflation rises, the Fed often raises the federal funds rate to keep it in check. Since mortgage rates are heavily affected by broader interest rate trends (especially the 10 year Treasury), mortgage rates will rise. Therefore:

Tariffs ——> Higher Inflation ——> Fed Rate Hikes ——> Higher Mortgage Rates.

Inflation and Interest Rates

On the other hand, tariffs during trade wars create uncertainty in markets. As a result, the Fed may cut rates to stimulate growth, and this in turn will reduce mortgage rates. Moreover, investors might flee to safer assets like U.S. Treasuries, pushing their yields down, which can reduce mortgage rates as well. So in this case:

Tariffs ——> Economic Slowdown ——> Fed Rate Cuts ——> Lower Mortgage Rates

Example (China Tarriffs in 2018-2019):

In 2018 the U.S. imposed tariffs on Chinese imports (including steel and aluminum). China retaliated with tariffs on U.S. exports, which created major economic uncertainty. As a result, home builders faced higher costs, passing along those costs to buyers by increasing housing prices. In 2019 the Federal Reserve cut interest rates three times to counteract the economic slowdown caused by the tariffs. Subsequently, treasury yields dropped and mortgage rates fell- despite rising costs elsewhere.

May this beautiful holiday season fill your heart with love, your home with joy, and your life with laughter. ✨   #2024
12/25/2024

May this beautiful holiday season fill your heart with love, your home with joy, and your life with laughter. ✨

#2024

Beautiful brand new construction home in Arlene Arbors Subdivision. This gorgeous home boasts nine foot ceilings on the ...
11/06/2024

Beautiful brand new construction home in Arlene Arbors Subdivision. This gorgeous home boasts nine foot ceilings on the main level and a sunlit living room with a cozy gas fireplace. Upgraded engineered vinyl plank is throughout the main level. Walk to downtown Belleville and Belleville Lake.

Saturday, November 9th 2024

⏰ 1 PM - 3 PM
📍13752 Arlene Lane, Belleville MI 48111

Contact info:
đź“© [email protected]
📞313 296 2333

Don’t hesitate to reach out if you have any questions.

October 2024 brought a notable decline in list prices but an increase in sale prices compared to October 2023. However, ...
11/05/2024

October 2024 brought a notable decline in list prices but an increase in sale prices compared to October 2023. However, the average sale price rose by 9.05% to $467,471, and the median sale price jumped by 12.47% to $415,000, indicating sustained buyer interest in moderately priced properties.

🏠 Inventory: The absorption rate climbed to 2.58 months, up 13.16% from October 2023’s 2.28 months, reflecting a slightly slower pace in inventory turnover.

⏳ Days on Market (DOM): Homes sold faster in October 2024 compared to last year. The average cumulative days on market decreased by 15.38%, down to 33 days, while the median CDOM saw a significant 41.94% reduction, dropping from 31 days to just 18 days. This suggests increased demand and faster sales in specific price ranges.

🔍 Market Trends: October’s data highlights diverging trends, with lower list prices but higher sale prices, reflecting a competitive environment where properties are moving quickly, especially in the $300,000 to $500,000 range. Higher-end listings over $1 million saw some fluctuation, with active listings up by 4.6% and new listings increasing by 9.8%. These shifts indicate steady interest across price points, although with varied levels of demand.

In September 2024, Wayne County home prices were up 8.7% compared to last year, selling for a median price of approximat...
11/02/2024

In September 2024, Wayne County home prices were up 8.7% compared to last year, selling for a median price of approximately $200K. In the month of October, the median sale price was $195k. On average, homes in Wayne County sell after 16 days on the market. There were 1,520 homes sold in October this year. Buyer demand remains high in relation to supply, even as listing availability slowly increases.

Address

2144 South State Street
Ann Arbor, MI
48104

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