A buyers’ market—when there is a large selection of homes for sale and few other buyers in the market—is a great time to purchase a home. Unlike a sellers’ market, prices aren’t rapidly escalating and you won’t be competing against a slew of other buyers. These markets are more relaxed so homebuyers can take their time deciding. In a sellers’ market, however, it’s more important than ever to have all your ducks in a row before making an offer on a property. Ensure you know exactly how much you can spend and that you’ve obtained a preapproval letter from your lender. Make your offer stand out from others by keeping it lean and mean, with the shortest time periods for contingencies as possible. Finally, come in with your highest and best offer. Check out below to see what sold in Kirkway Estates in June 2025:
22804 Poppleton Drive, Northville: 4 bedrooms, 5.1 bathrooms, 3,399 sq. feet, 3 car garage, Sold Price: $890,000
Kirkway Estates Home Sold
June 2025
A sellers’ market moves too quickly to assume the homeowner will negotiate over price. While the type of market may determine when to jump in, interest rates can also cause excitement in the housing market. Low rates and relaxed lending guidelines, present a prime opportunity for many would-be buyers who previously couldn’t afford to purchase. For more information on Kirkway Estates, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.