state:ja0qptphmee= michigan market update

State:ja0qptphmee= Michigan Real Estate Market

The state:ja0qptphmee= Michigan real estate market remains robust in 2024, with home prices continuing to rise. As of May, the average home value in Michigan was $247,697, up 5.9% over the past year. However, the market faces challenges like low inventory and high mortgage rates. Grand Rapids stands out as a particularly hot market, with forecasts predicting significant growth in both sales and prices throughout the year.

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