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Sell now? Buy now? Wait a bit? Here's what's up with the housing market
While 2025 is shaping up to be the worst year for home sales in U.S. history, sales are up slightly in Michigan — with more homes hitting the market.
Relators say there's a catch-22: Buyers sitting on the sidelines are would-be sellers. There are a ton of homes not hitting the market as the owners wait for mortgage rates to come down before they move to upgrade.
For an update on the state of things, WWJ's Miranda Richardson spoke with Mark White of Mark White & Associates in Troy.
(Photo: Getty Images)
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By AudacyWhile 2025 is shaping up to be the worst year for home sales in U.S. history, sales are up slightly in Michigan — with more homes hitting the market.
Relators say there's a catch-22: Buyers sitting on the sidelines are would-be sellers. There are a ton of homes not hitting the market as the owners wait for mortgage rates to come down before they move to upgrade.
For an update on the state of things, WWJ's Miranda Richardson spoke with Mark White of Mark White & Associates in Troy.
(Photo: Getty Images)