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Brookstone Realtors | Serving Southeast Michigan and Beyond

Latest Blog Posts

New-Home Sales Tumble as Building Contracts Slow

Sales of newly built single-family homes continued to decline in June as some builders slowed sales contracts to manage supply-chain challenges and more potential buyers became priced out.

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Mortgage Costs Grow 20 Times Faster Than Incomes

Housing affordability continues to decline as the hot real estate market fuels skyrocketing prices. Incomes aren’t keeping pace with the higher prices.The median family income rose by 1.2% in

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Housing Moving Past Pricing Peak, But Inventory Still Low

The rate of home price growth has started to slow, and the competition for homes may be showing some signs of easing somewhat.“The market’s topping out,” Mark Zandi, chief

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More than 8 of 10 Homes Sold at or Above List Price

With a low supply of homes for sale, sellers are finding quicker sales and fetching higher offers. Eighty two percent of homeowners who sold in the last six months accepted offers at list price or

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