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Lakewoode Parkhomes Real Estate Sales Report in June 2022

In a seller’s market, property prices increase as buyers compete for a limited selection of homes. That means that if you sell your house in a seller’s market for a great price, you will probably end up paying a higher price for your next home. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that if you rent before buying your next home, you can give yourself time to wait for real estate prices to fall. As the real estate adage goes, money is made on the purchase, not the sale. This strategy is challenging to pull off since it’s almost impossible to predict the market’s trajectory. If the market stays in the seller’s favor, you could end up living in your rental years longer than expected, paying rent rather than building equity. Check out below to see what sold in Lakewoode Parkhomes in June 2022:

22904 Talford Street, Novi: 2 bedrooms, 1.1 bathrooms, 860 sq. feet, 1 car garage, Sold Price: $154,000

Lakewoode Parkhomes Home Sold
June 2022

When you rent after you sell, you can take your time to decide what you want and where you want to buy while renting. You can rent in an area you’re interested in as a trial run before committing to purchasing property there. For more information on Lakewoode Parkhomes, or similar Northville or Novi neighborhoods such as Crosswinds West, Country Place and Highland Lakes, contact The DiMora Team today at 248-505-7728 or

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