03/09/2026
Happy Monday, Downriver! 🏡
Last fall, nearly 45,000 sellers pulled their homes off the market.
The message was clear: "If we can't get the price we want, we're out."
Now? They're coming back. CNBC is reporting that sellers are re-listing at the fastest pace in a decade — and spring is just getting started.
Here's what the data is telling us right now:
📍 Rates are hovering around 6% — down nearly a full point from last year. That's real buying power returning to the market.
📍 Purchase mortgage applications jumped 6.1% in one week — demand is waking up fast.
📍 Michigan inventory is still tight — only about 3 months of supply statewide. Homes priced right are moving.
What does that mean locally? Downriver has always been a value-driven market — and right now, it's still favorable for sellers and more accessible for buyers than it's been in two years.
Pricing is everything in this environment. Come in too high and you'll sit. Come in right and you'll move.
I'll keep sharing what I'm tracking as we move into peak season. Stay tuned.
P.S. If a move has even crossed your mind, let's talk now — before the competition heats up. My clients who start early are always glad they did.
📲 (734) 735-7919
[email protected]
www.robinguajardo.com
Robin Guajardo | Real Estate One | Where your search ends and Home begins.