Inflation is definitely a problem- I buy groceries, gas, insurance. Prices are definitely way up there. Uncomfortably high. But I’m pretty sick of the media lumping housing prices in that category. Housing prices have been on the rise just like they always have been. Directly below is a chart showing North Oakland County sales.
As you can see from 2013 through the first six months of 2024, sale prices have had a steady incline, that DID NOT spike the past few years. Housing prices are supposed to go up. Home ownership has always been a good investment; a way to save money for the move up home. There’s something wrong with your market if prices aren’t increasing.
For more detailed sales information please follow the links below
