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‘It’s frustrating.’ Metro Detroit housing market continues to be tough for buyers

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‘It’s frustrating.’ Metro Detroit housing market continues to be tough for buyers


(WXYZ) — In the event you’re searching for a home, likelihood is you’ve got made a number of presents and nonetheless might not have discovered something. On high of that, costs preserve going up.

However, may the housing market be cooling off a bit? In accordance with Jeanette Schneider, the president of RE/MAX of Southeastern Michigan, it is dependent upon what occurs with the Fed and rates of interest.

“I see them going up, and I see them going up by smaller percentages. I assume a few of that a few of it should depend upon how rather more the Fed strikes rates of interest,” Schneider mentioned.

Residence sale costs in metro Detroit are up 8% over final 12 months, in line with the newest RE/MAX of Southeastern Michigan housing report.

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In our space, Livingston County noticed the most important leap in – 12.3%, adopted by Macomb County at 11.4%. in comparison with April of final 12 months.

The Metropolis of Detroit had the most important enhance with median house costs up practically 20% over final 12 months.

That is nice information for sellers who’re seeing their house values rising, however powerful for homebuyers in a market coping with low stock.

Schneider mentioned if the Fed raises charges once more, because it has indicated it would, that may have an effect.

“Some patrons are going to be priced out of the market. Some patrons are going to have to regulate what they what they search for,” she mentioned. “I feel we’ll additionally begin to see patrons providing extra near asking [price] than wildly over asking worth.”

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Nicole Rivera of Davisburg is a first-time homebuyer. She mentioned her expertise has been irritating.

The spouse and mom of 4 has been searching for a house across the Clarkston space since January. She mentioned there can be 5-10 different presents on homes they bid on.

Additionally, her husband is a veteran, so that they’re pre-approved for a VA-backed buy mortgage with no down fee requirement, however the bidding wars preserve driving up the value.

“Like $25,000-to-$40,000 over. It is like, how is anyone imagined to be getting something with that?” she mentioned.

In accordance with Schneider, there are additionally extra foreclosures in the marketplace than what we have seen over the previous couple of years, however a lot of it was from a backlog of what was within the system earlier than the pandemic hit, and earlier than the federal foreclosures moratorium.

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“Do you are feeling such as you’re going to have the ability to discover one thing earlier than the tip of the summer season?” I requested Rivera.

No, no. However we’re we’ll preserve wanting,” she mentioned.

Rivera additionally mentioned her household is contemplating altering what they’re searching for.

Schneider recommends that you simply refine your listing of must-haves, get pre-qualified for a mortgage so you possibly can transfer rapidly, and you understand what you possibly can afford, and contemplate providing the vendor an additional two weeks or a month within the house after closing in the event that they want time to determine their subsequent transfer.





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Detroit, MI

When do the Detroit Lions play today? NFL Week 5 game schedule

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When do the Detroit Lions play today? NFL Week 5 game schedule


When do the Detroit Lions play today?

Welcome to Week 5 of the 2024 NFL season, which began Thursday night with the Tampa Bay Buccaneers and Atlanta Falcons squaring off in an overtime NFC South Division matchup.

The Lions do not play on Sunday, enjoying the bye week after their 3-1 start to the season has them in second place in the NFC North behind the Minnesota Vikings.

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REQUIRED READING: Sizing up Detroit Lions’ Super Bowl 2025 competition at quarter mark of NFL season

Here’s a quick look at the Lions in Week 5.

Do the Lions play today?

No. The Lions do not play today or this week for that matter. They are on a bye week, after winning at home in Week 4 on Monday night, 42-29, in an entertaining battle against the Seattle Seahawks. Jared Goff set a record by completing all 18 of his passes, though our film study showed there was still room for improvement. The Lions have a plus-22 point-differential with 104 points scored against 82 allowed.

The Lions join three other teams on a bye, along with the Los Angeles Chargers, Philadelphia Eagles and Tennessee Titans. This is the first week with byes this season. The latest bye week is Week 14, when six teams are off.

MITCH ALBOM: Jared Goff’s flawless night means anything is possible for Detroit Lions

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Week 5 schedule NFL

Follow live NFL Week 5 scores at https://sportsdata.usatoday.com.

Atlanta Falcons 36, Tampa Bay Buccaneers 30 (OT) Day Time Channel
New York Jets vs. Minnesota Vikings, England (Box score) Sun 9:30 a.m. NFLN
Carolina Panthers at Chicago Bears (Box score) Sun 1 p.m. Fox
Baltimore Ravens at Cincinnati Bengals (Box score) Sun 1 p.m. CBS
Buffalo Bills at Houston Texans (Box score) Sun 1 p.m. CBS
Indianapolis Colts at Jacksonville Jaguars (Box score) Sun 1 p.m. CBS
Miami Dolphins at New England Patriots (Box score) Sun 1 p.m. Fox
Cleveland Browns at Washington Commanders (Box score) Sun 1 p.m. Fox
Las Vegas Raiders at Denver Broncos (Box score) Sun 4:05 p.m. Fox
Arizona Cardinals at San Francisco 49ers (Box score) Sun 4:05 p.m. Fox
Green Bay Packers at Los Angeles Rams (Box score) Sun 4:25 p.m. CBS
New York Giants at Seattle Seahawks (Box score) Sun 4:25 p.m. CBS
Dallas Cowboys at Pittsburgh Steelers (Box score) Sun 8:20 p.m. NBC
New Orleans Saints at Kansas City Chiefs (Box score) Mon 8:15 p.m. ESPN, ESPN+

We occasionally recommend interesting products and services. If you make a purchase by clicking one of the links, we may earn an affiliate fee. USA TODAY Network newsrooms operate independently, and this doesn’t influence our coverage.



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Did Detroit Tigers Skipper Make Wrong Decision Regarding Game 1 Pitching Strategy?

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Did Detroit Tigers Skipper Make Wrong Decision Regarding Game 1 Pitching Strategy?


The Detroit Tigers flipped a switch and turned into the hottest team down the final stretch of the regular season that got them into the playoffs for the first time since 2014. They kept that momentum in the Wild Card round by sweeping the Houston Astros and ending their American League record of seven straight ALCS appearances.

But, when facing a Cleveland Guardians team who has been one of the best teams in the league all season long without their ace Tarik Skubal going in Game 1, there were some questions if they would be able to keep that magic going.

Since manager A.J. Hinch went with an opener to close out the Wild Card matchup, he had some options within his starting rotation to choose from, but he opted to go back to the reliever strategy to begin the game.

That completely backfired.

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Tyler Holton was shelled for three runs on two hits, failing to record an out before getting pulled from his outing.

Hinch called upon starter Reese Olson to come out of the bullpen, and even though he gave up the three-run homer to Lance Thomas that made it 5-0 immediately when taking the mound, the right-hander settled in after that to throw five innings where he gave up just three hits and was credited with one earned run.

Should the Tigers skipper just have gone with Olson to start the game?

Perhaps.

It’s hard to argue with what Hinch has been doing since he’s pushed all the right buttons coming into this ALDS matchup, but after everything reset and there was time for Detroit to put together a strategy, throwing one of their two available starters might have been the better idea than going with yet another bullpen game.

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Of course hindsight is 20/20, but it’s clear the Guardians were ready to jump all over Holton in this situation, and once Olson overcame the foreign role of coming out of the bullpen, he was able to pitch a relative gem that could have come from opening pitch.

Hinch was never going to shy away from doing things that has gotten his team to this point, but that mindset might have also hurt the Tigers in Game 1.

They now face an uphill battle as they look to advance to the Championship Series.



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Greg Landry, former Detroit Lions quarterback and assistant coach, dead at 77

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Greg Landry, former Detroit Lions quarterback and assistant coach, dead at 77


Kamala Harris makes stops in Michigan, dockworkers return to work and more top stories

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Kamala Harris makes stops in Michigan, dockworkers return to work and more top stories

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Greg Landry, the former Detroit Lions quarterback and assistant coach, has died. He was 77.

The Lions announced Landry’s death on social media Friday. No cause of death was given.

“We join the NFL community in mourning the loss of former Lions quarterback and coach Greg Landry,” the team said in its posting.

Landry played in the NFL from 1968 to 1981 with the Lions and then-Baltimore Colts. After two seasons in the USFL, he returned to the NFL and played one game with the Chicago Bears. He threw for 16,052 yards in his NFL career with 98 touchdowns and 103 interceptions. He was also one of the best running quarterbacks in NFL history, gaining more than 2,600 yards with 21 TDs.

The Lions selected Landry with the 11th pick of the 1968 NFL draft out of Massachusetts. He played 11 seasons with the Lions, and had a career record of 40-41-3 with Detroit. His finest season in Detroit came in 1971, when the threw for 2,237 yards and 16 touchdowns and was a first-team All-Pro and made his only Pro Bowl.

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In 1976, he earned the NFL’s Comeback Player of the Year award after passing for 2,191 yards and 17 TDs.

Landry was traded to Baltimore and played three seasons with the Colts, going 3-10-1. He then moved to the USFL and played one season each with the Chicago Blitz (1983) and the Arizona Wranglers (1984). He was an emergency starter for the Bears — against Detroit — in 1984.

Landry rejoined the Lions in 1995 as quarterbacks coach on the staff of head coach Wayne Fontes. Landry also held assistant coaching positions with Cleveland and Chicago in the NFL and at the college level at Illinois.

From Nashua, New Hampshire, Landry led UMass in passing for three seasons and was the team’s top rusher and scorer in 1965 and 1967. He was inducted into the UMass Hall of Fame in 1980.

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