Morley Market Snapshot

There are many great Morley area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (231) 856-4456 for a FREE home buying or selling consultation to answer any of your real estate questions.

Right now, the market here in Morley is pretty stable, but we are seeing inventory fall a bit. In fact, inventory is quite low for this time of year. Because this is an atypical trend, we have some advice for buyers and sellers who may not know what to make of these conditions:

• Sellers: The inventory is good news, as we've seen prices jump 7.8% since this time last year. You still need to prepare your home adequately to get a good value on the market, but the low inventory does mean there is slightly less competition that usual.

• Buyers: Because inventory is low, you are going to have to set yourself apart from other buyers in order to get the home you desire. Getting pre-qualified is a great way to do that. Despite the fact that there is less to choose from, interest rates are still hovering just over 4%, which is incredibly low and great news if you're looking to buy.

If this information has piqued your interest in buying or selling real estate, don't hesitate to reach out to us. Markets are neighborhood specific - give us a call or shoot us an email and we'll help you decide what's best for you and your family!