Key Highlights Improvement in supply began happening in April Total listing inventory down -53% y/y nationwide in April 2021 Some Improvement in Listings Inventory According to a report on the April 2021 housing market by realtor.com, there was an increase of

Key Highlights Lumber prices see first price decline in 18 weeks This drop comes on top of -30% drop in lumber futures Months-Long Lumber Demand May Be Ebbing It’s summer time.  Vaccinated Americans are beginning to take vacations again instead

Key Highlights Total lending in Q1 2021 up +3% Refinance lending in Q1 2021 up +12% Increase in Total Mortgage Activity Not Seen Since 2009 ATTOM Data Solutions’ Q1 2021 US Residential Property Mortgage Origination Report indicates there were 3.77M new

Key Highlights Detroit known as diverse economic and cultural hub Detroit is second in size only to Chicago in Midwest While Staving Off Pandemic Impacts, Metrics Indicate Motor City Recovering Sitting on the Canadian border and second in size to

Key Highlights Having a solid credit score tells lenders that a first-time buyer is good credit risk Having solid credit score helps first-time buyer get lower interest rate that could save thousands over life of home loan Why Good Credit

Key Highlights Spurred by pandemic and remote working, many opted to live in new surroundings As result, some cities experienced gain in rental prices and some experienced losses Comparison of Rental Prices from April 2020 to April 2021 We all