If you’ve taken an interest in the Michigan real estate market, you know how wild things are right now. Potential buyers can expect to pay above asking price, if they can even make a competitive offer. Meanwhile, from a buyer’s standpoint, houses are “flying off the shelves,” says one of our guests. Today, we talk with a real estate agent and an urban planner about just what is going on and what it will take to get us OUT of this -- to the benefit of homeowners and renters alike.
GUESTS:
Marc Norman, affordable housing policy and finance researcher, associate professor at University of Michigan’s Taubman College of Architecture and Urban Planning, member of the Federal Reserve Board’s Community Advisory Council
Bre’Anna Tinsley, realtor at Thrive Realty Co.
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