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Official Publication of the Greater Metropolitan Association of REALTORS® GMARonline.com JANUARY 2022 HAPPY NEW YEAR!
JANUARY 2022 Table of Contents 4 President's Report 6 CEO’s Letter VOLUME 19, NUMBER 1 7 GMAR Education Calendar the official publication of the Greater Metropolitan 8 YPN Report Association of REALTORS® 24725 W Twelve Mile Rd, Ste 100, 9 January ToolShop Sale Southfield, MI 48034 10 Legislative Update 248-478-1700 www.GMARonline.com 11 Welcome New Members President: Teri Spiro 12 RPAC Report President Elect: Nathan Boji Treasurer: Dee Dee Ohara-Blizard 13 Thank You RPAC Investors Past President: Katie Weaver 14-15 GMAR Market Update - November 2021 DIRECTORS District 1: Shelley Schoenherr 16-17 November 2021 Sales Summary District 2: Jaye Sanders District 5: Pam Bartling 20-21 GMAR Education Flyers District 7: Toni Jennings District 8: Kevin Hultgren District 9: Chelsea Cain At Large: Dennis Kozak (3 year term) At Large: Melissa Degen (3 year term) At Large: Devon Smith (2 year term) Affiliate: Mary Ross STAFF Vickey Livernois, Chief Executive Officer Stacie Andrew, Membership Director Carrie Bone, Member Specialist Traci Dean, Education Coordinator Hannah Deacon, Event Manager Marnie Gray, Accountant SPONSORS Alex Haddad, Political Engagement Director Caryn MacDonald, Executive Assistant Skylar Marino – Member Support Administrator SUPPORT THOSE WHO SUPPORT YOU Grant Meade, Director of Realtor® & Community Affairs This edition of the Metropolitan REALTOR® is made possible by the Pauline Olszewski, Professional Standards Administrator & Toolshop™ Manager following industry partners: Kelli Peters, Member Support Administrator Kevin Tshiamala, Marketing & Communications Director Michigan State Housing Development Authority............................................. 3
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PRESIDENT’S REPORT By TERI SPIRO - 2022 GMAR President President@gmaronline.com HAPPY NEW YEAR! The best part of starting a new year is a new and interaction in which we participate. As beginning. The hectic holiday season is over, an organization, we can influence public and as much as most of us enjoy the "hustle policy in the communities that we serve. Our and bustle," it can be stressful. January is a time commitment to this end is unwavering. Our for more quiet reflection. Many of us set our Director of Realtor® and Community Affairs, goals for the coming year with high hopes that Grant Meade, will continue to work closely with this will be the year we take our business to a our Government Relations Committee to identify new level, perhaps reconnect with someone we potentially detrimental local ordinances and have lost touch with, be a better wife, husband, policies. mother, father, friend. GMAR leadership and The most important investment we can make staff are no different! The end of 2021 was filled in ourselves and our industry is RPAC (REALTOR® with planning sessions to increase the value Political Action Committee). My goal to increase and benefits of being a GREATER Realtor®. membership awareness and participation January 2022 has a robust training schedule for in 2022 is one of my primary commitments our Board of Directors and Committee Chairs this year. If you have any questions about the and Vice-Chairs. The commitment that GMAR importance of investing in our #1 insurance leadership and staff have to our members is policy (Insurance against bad legislation and unparalleled. GMAR will continue to deliver the insurance that we have Realtor-friendly leaders highest level of service, education and advocacy! in government), do not hesitate to email me Promoting GMAR Realtors® has been taken at President@gmaronline.com. I will personally to a higher level. You may have seen the local reach out to you! billboards increasing public awareness about PLEASE, make RPAC a part of your business the benefits of using a GMAR Realtor®. Ads planning and personal commitment in 2022. promoting GMAR Realtors® are also part of our Our new staff members, Political Engagement new social media campaign. We know that we Director Alex Haddad, Grant Meade, and are GREATER, and we want the world to know it. our able RPAC Committee (Chaired by 2020 President James Cristbrook) are all committed to making 2022 the year we break all records for participation and fundraising. I will be showcasing one of our Committees every month. These incredible volunteers work hard to make the best programs available to our members. They certainly influence the quality of our organization. Their successes in 2021 and upcoming plans for this year will make you even prouder to be a GREATER Realtor®. If you attended the GMAR general Please support the events and programs that membership meeting last November, you are offered a part of your goals for this year. You might remember that the general theme of my have a lot to look forward to in 2022! presentation was very much about "influence." We can positively influence every transaction
CEO’S LET TER By VICKEY LIVERNOIS Chief Executive Officer Happy New Year! I hope everyone enjoyed time with family A new year wouldn’t be the same without out and friends over the past few weeks and that some new fresh events! Our YPN Committee will you were able to spare some time for a little be hosting their first event at Little Caesars Arena bit of R&R as well because the new year has to network while enjoying a Detroit Pistons just begun, and we are ready to hit the ground game. These are great opportunities to connect running. with others in the industry. The connections are Teri Spiro will be leading us through 2022, and limitless, the friendships are everlasting, and plans are already underway. Greater benefits they offer an added opportunity to build your and services for our members, greater utilization sphere. Details on how to reserve your seat will of the time our volunteers are asked to give for be available shortly. their commitments, greater public awareness on You may have noticed some of the online the value and importance of working with YOU, a promotion, radio ads and even billboards Greater Realtor®, and that is just the start of it. throughout the metro Detroit area recently Beginning in 2022, you will see some new encouraging buyers and seller to work with a faces around the GMAR office. As we continue Greater Realtor®. We could not be more excited to grow, so does the demand to meet our about this! We have talked about this for a members needs and we want to ensure that is few years and have finally been able to make being done in an expedient and professional it a reality! One of our goals is to continue to way. We have created a new position, our highlight the value of working with YOU! Political Engagement Director, who will work in We have quite a few exciting things planned unison with our Government Affairs Director to this year and look forward to sharing more ensure we continue to build relationships with details with you soon! Until then, I wish you the elected officials and continue to work with our best in 2022 and encourage you to get involved communities to raise awareness and protect and make a difference in this amazing industry! private property rights.
GMAR EDUCATION CALENDAR 2021 JANUARY VIRTUAL & IN-HOUSE CLASSES Register for all classes by visiting GMARonline.com/calendar MSHDA DISCOVERING COMMERCIAL REAL ESTATE CE Credits: 1 standard CE Credits: 2 Standard & 1 legal January 10 January 21 10:00 a.m. – 11:00 a.m. 9:00 a.m. – 12:00 p.m. VIRTUAL VIRTUAL Instructor: Darren Montreuil Instructor: Anthony Jabonski FREE, Membermax & EduPass FREE, Membermax & EduPass FREE, Members $25, Members $25, Non- Members $35, Non-Members REGISTER HERE REGISTER HERE SUCCESSFULLY SELLING HUD HOMES AGENT 101 CE Credits: 3 standard CE Credits: 4 legal January 12 Must attend both days! 10:00 a.m. – 1:00 p.m. January 25 & 26 VIRTUAL 1:00 p.m.- 3:00 p.m. Instructor: Steve Katsaros VIRTUAL FREE, Membermax & EduPass Instructor: Deanna DuRussel $20, Non- Members FREE: Membermax & Edupass REGISTER HERE $20, Non-Members REGISTER HERE RESORT & SECOND HOME ( RSPS)- 2 DAYS ** Must attend both days** CE Credits: 7 standard January 19 & 20 9:00 a.m. – 1:00 p.m. VIRTUAL Instructor: Rick Conley FREE, Membermax & EduPass $39, Members $49, Non-Member REGISTER HERE Metropolitan REALTOR® | 7
YPN REPORT By CLAUDIA HERNANDEZ Hello Friends and Colleagues Happy New Year to all! I cannot believe it is to finally see each other and enjoy a fun night of 2022 because I felt like that last quarter in 2021 great food, drinks, and trivia. just flew by. I'm sure everyone is trying to settle Although I love seeing familiar faces, I always into the new year after the crazy-busy holiday hope to have new faces at our events because season. I am Claudia Hernandez, and I am that is what we are about! Networking, meeting honored to be YPN's 2022 Chairperson. For those colleagues in the industry from other agents to of you that don't know me, I have been a part of brokers, inspectors, title reps, loan officers, CPAs, YPN since 2016. I started my career in Real Estate attorneys, you name it. that same year, and I love selling real estate and Our highest priority is to keep everyone safe, serving on several GMAR committees like this and I am so thankful that GMAR's leadership one. I dove into my role as Vice-Chair of YPN two is always keeping us posted on the latest rules years ago and last year as Chair. and regulations from NAR and the CDC. Our first YPN is unique because it has allowed me event this year is scheduled for February 3rd. We to meet so many people in the industry that I are heading downtown Detroit to Little Caesar's would've never met if it wasn't for networking Arena to have a fantastic night at the Piston's events and that I now call friends. The excellent Game! More information will be posted on our part about this committee is that you don't have online Calendar at gmaronline.com. to be a part of it to join our events every few I am so excited about our committee's events, months. In 2021, we started the year with online and I am planning for this year. So stay safe, and events, which, as we all know, can be a little see you at the Pistons in February! challenging at times, but towards the end of the year, we were able to meet face to face at our very popular Trivia Night. We were all so eager 8 | Metropolitan REALTOR®
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L E G I S L AT I V E U P D AT E By GRANT MEADE GMAR Director of Realtor® and Community Affairs Silver Tsunami It is no secret that America has an aging boomer generation, will comfortably age in population. By 2030, all baby boomers will be that unit. As we get closer to the tipping point, older than 65, meaning one in five U.S. residents both the younger and older generations will be will be retirement age. In addition, U.S. Census competing for the same housing stock, as their numbers show that by 2034, there will be lists of desires read similarly. This could lead to a seventy-seven million people over sixty-five, similar housing shortage as we are experiencing compared to seventy-six and a half million under now if we do not adequately prepare for it. 18 — the first time in American history where I wrote about the “missing middle” and its senior citizens outnumber youth. impact on the current housing shortage in my This rise in the aging population has last column. That classification will be the same been playfully labeled “The Silver Tsunami,” one desired by older generations as they look representing a massive change in demographics to age in place. The flexibility typically offered and how we think about accessibility in design. by condensed housing gives several advantages While the implications of our aging population desired by all generations: walkability, access to will be discussed for the next decade, the most public transit, lower maintenance requirements, important will be how it affects our current strong community. However, this column is not housing stock and how we can build for the just a redux meant to harp on the same points future. of the “missing middle.” There deserves to be Universal design, long considered to be a foresight in the construction of this housing detractor from the value of a home or unit, has classification. become a highly desirable feature. It is essential This is where universal design comes in and for the ability of how standardization of building codes and senior citizens to zoning ordinances can harmonize to create age in place. The vibrant neighborhoods with wildly diverse universal design residents. As REALTORS®, we strive for creative brings accessibility ways to incentivize the creation of these consideration neighborhoods without the strong-arming of into every corner government declaration. Many municipalities of a home, not already look to mandate a ratio of units necessarily to exclusively available to senior citizens, so why the detriment not incentivize the construction of accessible of functionality units? Providing tax incentives and abatements or style. Many to construction projects that look to implement of the staples of design choices that benefit aging senior citizens universal design: achieves cooperation that mandates cannot. such as wider doorways, larger showers, and We look to learn from the current situation to first-floor bathrooms, have become amenities prevent it from occurring again. We do not want that increase the value of new and remodeled to find ourselves in another housing shortage housing units. in 15 years because we did not proactively This presents a problem because most of the build the stock that all of our data says will be current housing stock is not built with many of attractive. So the planning starts now, and we these considerations in mind. For example, the need to start revising the complex network of typical suburban home is not built with the idea municipal codes to give it proper consideration that its occupants, most commonly the baby and the ability to be created. 10 | Metropolitan REALTOR®
NEW MEMBERS Welcome New Members Michael Yoksich–Berkshire Hathaway Home Services Ann Magee–Plymouth Realty Group, LTD Patrick Munce–Real Estate US, LLC Kamille Gardner–Coldwell Banker Dwayne Robinson–Re/Max Dream Properties Kaitlyn Kelly–RE/MAX Eclipse Sara Trombly–DOBI Realtors Sally Jaynes–Re/Max Dynamic Princess Hughes–KW Home Realty Rima Aghekyan–Hall & Hunter Philip DeLoach–Century 21 Curran & Oberski Jill Lawson–KW Home Realty Hanagasa Torres–Hall & Hunter Sam Sabbagh–Guaranteed Rate Lauren Lee–KW Home Realty Dimitrios Kosmidis–Max Broock, REALTORS, Ylldes Shemshedini–Coldwell Banker Lawanda Hobbs–Spates & associates Realty LLC Lisa Nagle–Max Broock, REALTORS, Birmingham Salvatore Armetta–RE/MAX Home Sale Service Mustafa Sharafi–National Realty Centers Clarkson Carolyn Demps–Shain Park, REALTORS Zachary Robertson–Cook & Associates Keri Sorenson–National Realty Centers Clarkson Intisar Saour–Capital Star Realty, Inc. Nadine Thayer–Dwellings Michigan Caleb Baird–Desco Properties, LLC Lyndon Jones–Real Estate One, Inc. Clara Etzel–J Dillon Realty Omar Altail–KW Advantage Stevan Popovic–NextHome the Boulevard Michael Downing–KW Professionals Nicolas Ankrom–KW Advantage Tufiqul Islam–Select R.E. Professionals Inc. Jade Fox–KW Professionals Eric Blessing–KW Advantage Eric Smith–Select R.E. Professionals Inc. Brooke Mazurek–KW Professionals Conner Darhon–KW Advantage Cortney Phenix–Re/Max First-Chesterfield Richard Martin–Social House Group Nicole Dorris–KW Advantage Shannon Gresock–Keller Williams Metro Mohamed Antar–The RichRealty Group Kendra Grow–KW Advantage Jennifer Mirabito–Keller Williams Metro Andy Balch–Remerica Hometown Ian Kato–KW Advantage Natalie Bell–Century 21 Curran & Oberski Emanuel Guzman–EXP Realty, LLC -Trenton Tara Medlock–KW Advantage Virgilia Figredo–Sine & Monaghan Real Living LLC Scott Kimble–EXP Realty, LLC -Trenton Anxhelo Naci–KW Advantage Sawyer Kinney–Anthony Djon Luxury Real Estate LLC Anthony Stinnett–EXP Realty, LLC -Trenton Jada Redd–KW Advantage Xinyang Zhang–Bluesky Realty Experts Amanda Martin–Parker Wright Real Estate Group Janel Segars–KW Advantage Michele Hodas–Brookstone, Realtors Renee Hernandez–Lock Realty, PLLC Michael Strauss–KW Advantage Benjamin Horvath–Brookstone, Realtors Jardan Haywood–Clients First, Realtors® Patrick Thierry–KW Advantage Alicia Bailey–EXP Realty, LLC Damarcus Kaigler–Clients First, Realtors® Kristen Thomas–KW Advantage Arielle Echols–EXP Realty, LLC Nennie Sheriff–Clients First, Realtors® Kaleb Zemke–KW Advantage Hussein Farhat–EXP Realty, LLC Narinderjeet Singh–Clients First, Realtors® Maria Piccione–Real Broker LLC Candace Farris–EXP Realty, LLC Deobaleene Watley–Clients First, Realtors® Katie Wilson–Real Broker LLC Katie Harba–EXP Realty, LLC Drew Fries–@properties Detroit Jason Butka–EXP Realty, LLC John Hobbs–EXP Realty, LLC Jay Anderson–Essential MI Properties, LLC Darcel Stewart–EXP Realty, LLC Jayne Kocsis–EXP Realty, LLC Margaret Derthick–Berkshire Hathaway Paige Grice–Crown Real Estate Group Cheuk Lee–EXP Realty, LLC HomeServices The Loft Warehouse Alyssa Pillsbury–Crown Real Estate Group Markale Lee–EXP Realty, LLC Angelique Hill–Exit United Realty Professionals Ruthanne DeWitt–MV Realty of Michigan Andre Olden–EXP Realty, LLC Rachael Beaudette–Rocket Homes Real Estate LLC Mounier Hassan–MV Realty of Michigan Allison Pallares–EXP Realty, LLC Jaqueline Tomszak–Rocket Homes Real Estate LLC Brett Spanski–MV Realty of Michigan Shannon Savona–EXP Realty, LLC Kyle Wilson–Rocket Homes Real Estate LLC VeEster Wiley–MV Realty of Michigan Amy J. Tisdel–EXP Realty, LLC Roxanna Robinson–Reach Realty Group Nicole Vancamp–EXP Realty, LLC Rochelle Stiltner–Arterra Realty Michigan LLC Karla Walker–EXP Realty, LLC Robert Kay–Coldwell Banker Weir Manuel Stephan Hart–Keller Williams Somerset Jenna Dado–Goosehead Insurance-Jenna Dado We Couldn’t Christian Shavers-Turner–Keller Williams Kristen Cronin–Keller Williams Paint Creek Emad Awad–Real Living Kee Realty Troy Jessica Graves–Keller Williams Paint Creek Do It Charlene Pascaretti–Expert Realty Solutions Inc. Aryana Nacker–Stewart Team RE Partners Inc. Without You Bilal Taleb–Expert Realty Solutions Inc. Angela Harper–Keller Williams Realty Central Ali Kammona–Century 21 Curran & Oberski Austin Yee–Keller Williams Realty Central Mohamed Moussa–Century 21 Curran & Oberski Shawna Saylor–Keller Williams Realty Central THANK YOU ORIENTATION SPONSORS Natalie Robb–MBA Realty Group, Inc. Shaima Shehadeh–VK Properties, LLC FOR THE MONTH OF JANUARY 2021: Marayna Battle–Elite Realty Demetrius Williams–RE/MAX Eclipse MICHIGAN FIRST MORTGAGE Brittany Drzinski–Elite Realty Mark Austin–A Square Realty Cassandra Burks–Fathom Realty Ashley Attisha–Royal Pointe Realty LLC Metropolitan REALTOR® | 11
R PA C R E P O R T By JAMES CRISTBROOK GMAR RPAC Chair RPAC 2022 What, Where, When, Why & How! Over the next year I hope to define the Next month we will outline “Where” one can importance of RPAC and how it supports invest in RPAC and more specifically “Where” your legislators and issues that represent housing, RPAC investment goes to benefit Realtors®, our protection of private property rights and the clients and the protection of private property health of our industry. RPAC also strives to keep rights for all. us - the Realtor® - at the center of the transaction. In the meantime, please click the link below to invest today. Let’s start with the “What” Since 1969, the bipartisan Realtors® Political gmaronline.com/invest Action Committee (RPAC) has promoted the election of pro-REALTOR® candidates across the United States. The purpose of RPAC is clear: voluntary contributions made by Realtors® are used to help elect candidates who understand and support their interests. These are not members’ dues; this is money given freely by REALTORS® in recognition of the importance of the political process. The REALTORS® Political Action Committee and other political fundraising are the keys to protecting and promoting the real estate industry. 12 | Metropolitan REALTOR®
R PA C I N V E S T O R S Thank You GMAR RPAC Investors GMAR would like to extend a sincere thank you to all of the members who have made their investment in RPAC, the REALTORS® Political Action Committee. By investing in RPAC, these members are supporting REALTOR®-friendly legislators and policy initiatives that reflect the REALTOR® core values; protecting private property rights, reducing burdensome regulations on the industry and preserving the American Dream of Homeownership. Below we recognize and applaud GMAR members who invested in RPAC for the month of December 2021. Donavan Abro Sarah Cameron Courtney Drew Wissam Goro Sherri Johnson Lynn Louton Rima Aghekyan Scott Campbell Brittany Drzinski Dianne Gouin Theresa Johnson Deborah Louzecky Robert Agnello Juela Capo Nancy Duncanson Tamara Graham Paula Johnston Mary Luff Thomas Agrusa Lora Carlton Cassandra Dunn Kathryn Grant Peter Johnston Samraa Luqman Kachi Aguwa Keshia Carr Ian Dunn Jessica Graves Lyndon Jones Morgan Luttrell Sarah Alexander Vito Castellana Michael Dunn Ryan Green Steve Kabrit Angela Lynch Malek Ali Kathie Catanzaro Angela Duva Ann Greenberg Meriem Kadi Carole MacQueen Joseph Anderson Donna Caumartin Arielle Echols Kendra Grow Damarcus Kaigler Ann Magee Nicolas Ankrom Savannah Cavender- Jon Eckerly Joe Gruber Amanda Kallasho Kathleen Malczynski William Applegate Lemieux Alonzo Edwards Cassandra Haas Ali Kammona Magan Malkiewicz Frank Arcori Deana Cherry Pierre Elia Tricia Hager Chase Kareta Williams Salvatore Armetta Khalil Chiha Cathy Elias Adam Hammons Christina Kass Samar Mansour Leihla Arnett Nofal Cholag Daniel Elsea Michael Hannah Alvin Kassab Yvonne Marks Leyon Ashoor Syed Chowdhury Anna England Faizi Haque Pranav Katari Keith Marshall Joseph Ashor Leslie Ciraulo Andrea Esse Cristin Hardison Suzette Kattula Amanda Martin Phillip Ausman Joel Clark Ray Esshaki Karen Harlin Erin Keating-Dewald Diane Martin Matthew Bahri Felicia Clayton Karie Eubank Angela Harper Tricia Kerchkof Roger Martin Kim Balutanski Debby Clinesmith Jane Evans Cynthia Harris Bonnie Kerman Alicia Marucci Keri Banaszewski Jeffrey Cohen Anthony Facione Elizabeth Harris Sal Kesto Jonathan Mary Kathleen Barker Yahasha Colbert Jeffery Fanto Tahesha Harris Brandon Ketz-Munoz Dominic Marzicola Jatuan Barksdale Meredith Colburn Hussein Farhat Tracie Harris Rabia khan Stephanie Mashni Dustin Barrett Lucas Colecchio John Farhat Zoe Harris Dave Kidd Stephanie Mason Jamie Bass Ciara Colon Candace Farris Richard Harrison Scott Kimble Cecile Massey Marayna Battle Deborah Consiglio Mahmoud Fawaz Mounier Hassan Pam King Christopher Matfey Ali Bazzy Julie Cook Michael Fazio John Hawthorne Talona King-Carter David Mathieu Dana Beatty Elethia Cooper Kimberly Feghali Allison Henning Timothy Kingsbury David Maurice Stephanie Beer Jonnita Cotton-Stanton Terri Fenelon Renee Hernandez Sawyer Kinney Brooke Mazurek Natalie Bell Lisa Cox Virgilia Figredo Tegan Hilyard Karam Kiryakos Sharleen McCann Gloria Bertrand Todd Craft Sarah Figurski John Hobbs Robert Kluck Tiffany McCullough Karen Betzing Kelly Crenshaw Dena Flowers Lawanda Hobbs Elizabeth Kochan Roger McDaid Benjamin Bialek Michael Crew Holly Fockler-LaBute Michele Hodas Jayne Kocsis Donna McDaniel Jay Bielfield Rebecca Cunningham Diane Fornari Jennifer Hoover Bill Kokenos Daniel McIlhiny Elizabeth Bielski Anthony Dabaldo Ellen Foster Benjamin Horvath Dimitrios Kosmidis James McKee Nickole Black Christopher Daggy Sarah Foster Laura Houghton Hans Kuemmerle Michele McLemore Terri Boggio Robert Daly Ricky Fountain Nancy Howell Constance La Barge Grant Meade Joseph Boji Lakisha Dansby Cloteal Fowler Zheng Huang Thomas Tara Medlock Nathaniel Bonds Dunya Daouk Steven Fowler Malisie Hubbard Thomas LaBranche Tonya Meier Sharon Bonner Bernadine Davis Drew Fries Princess Hughes Mark Lagana Larry Migliore Cassie Borders Emily Day Ellen Frink Kevin Iddings Stela Lajthia Ancuta Mihaescu Jason Borregard Alexander Dembitsky Lakina Fulks Brikena Ieba Roschelle Laughhunn Sadeer Mikail Lori Boushelle Carolyn Demps Jeremy Gabbara John Irwin David Law Paula Mikola Shelley Braxton Margaret Derthick Giovanni Galati Connie Isbell Jill Lawson Alan Millard Analyssia Britt John DesJardins David Garbarino Annette Issa Steve Lawson Feliece Miller Edward Brittingham Tyler Dew Jerry Gardner Constance Jabro Christopher LeBlanc Rehab Miri Brenda Brosnan Ruthanne DeWitt Kamille Gardner Kimberly Jackson Ken Lee Frances Moceri Althea Brown Joy DiMaggio Derrick Garland Towanna Jackson Lauren Lee Raymond Modad Robert Brown Peter Dinoto Marshal Garmo Bryan James Markale Lee Angela Molina Sarah Brown Herman Dixon Ashley Gartrelle Rebecca Janowak Sheilah Lemanski Brian Morba Shatoya Buckley-Mallett Anthony D'Olivo Michael Gatteri Ronald Jasgur Ryan Lenahan David Morgan Anthony Bunnell Lori Dolman Edilberto Gener Krista Jelsky John Levin Jason Morin Crystal Burkland Nicole Dorris Brian Ghesquiere Elizabeth Johnson Nadys Lewis Monica Mourad Cassandra Burks Brian Downes Crystal Glass Frances Johnson Sara Lipnitz Mohamed Moussa Kari Burrows Michael Downing Linda Glembocki Justin Johnson James Littlepage Grace Mulcahy James Bynum Michael Drapal Ming Hui Goh Laura Johnson Sherry Liu Gaspare Munaco Fatima Bzeih Margaret Dresser Sky Goodman Ricqwain Johnson Sherry Lollio continued on page 18 *Contributions are not deductible for Federal income tax purposes. RPAC contributions are voluntary and used for political purposes. You may refuse to contribute without reprisal or otherwise impacting your membership rights. For individuals investing $1,000.00 or greater, up to 30% of this total investment may be forwarded to the National Association of REALTORS® RPAC. All amounts forwarded to the National Association of REALTORS® RPAC are charged against the applicable contribution limits under 2 U.S.C. 441a Metropolitan REALTOR® | 13
REALCOMP MONTHLY HOUSING STATISTICS REPORT NOW AVAILABLE ONLINE 14 | Metropolitan REALTOR®
Local Market Update – November 2021 A Research Tool Provided by Realcomp GMAR® Report Covers the Greater Metropolitan Area of Detroit, including but not limited to locales in Lapeer, Macomb, Oakland, Washtenaw and Wayne Counties. Residential November Year to Date Key Metrics 2020 2021 % Change Thru 11-2020 Thru 11-2021 % Change New Listings 4,098 4,335 + 5.8% 56,331 59,548 + 5.7% Pending Sales 3,777 4,037 + 6.9% 44,280 47,461 + 7.2% Closed Sales 4,316 4,145 - 4.0% 42,101 45,988 + 9.2% Days on Market Until Sale 32 25 - 21.9% 40 24 - 40.0% Median Sales Price* $201,750 $225,000 + 11.5% $194,900 $220,000 + 12.9% Average Sales Price* $248,373 $267,584 + 7.7% $236,480 $269,440 + 13.9% Percent of List Price Received* 99.2% 99.7% + 0.5% 98.4% 101.0% + 2.6% Inventory of Homes for Sale 6,427 6,178 - 3.9% –– –– –– Months Supply of Inventory 1.6 1.5 - 6.3% –– –– –– Condo November Year to Date Key Metrics 2020 2021 % Change Thru 11-2020 Thru 11-2021 % Change New Listings 737 762 + 3.4% 10,745 10,961 + 2.0% Pending Sales 659 708 + 7.4% 8,003 9,197 + 14.9% Closed Sales 765 770 + 0.7% 7,739 8,926 + 15.3% Days on Market Until Sale 41 30 - 26.8% 44 31 - 29.5% Median Sales Price* $183,500 $200,000 + 9.0% $175,000 $200,000 + 14.3% Average Sales Price* $208,330 $235,859 + 13.2% $208,386 $235,731 + 13.1% Percent of List Price Received* 98.3% 99.6% + 1.3% 97.8% 99.9% + 2.1% Inventory of Homes for Sale 1,637 1,130 - 31.0% –– –– –– Months Supply of Inventory 2.3 1.4 - 39.1% –– –– –– * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. Median Sales Price - Residential Median Sales Price - Condo Rolling 12-Month Calculation All MLS Rolling 12-Month Calculation All MLS GMAR® Report GMAR® Report $250,000 $225,000 $200,000 $200,000 $175,000 $150,000 $150,000 $125,000 $100,000 $100,000 $50,000 $75,000 $0 $50,000 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 1-2021 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 1-2021 A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point. Current as of December 7, 2021. All data from Realcomp II Ltd. Report © 2021 ShowingTime. Metropolitan REALTOR® | 15
FOR IMMEDIATE RELEASE Statistics Contact: Francine L. Green, Realcomp [248-553-3003, ext. 114], fgreen@corp.realcomp.com November Notable for New Listings Positive uptick highest year-over-year percentage increase since April November – National Real Estate Commentary As we head into the holiday season, a period when activity typically slows as people take time to travel, celebrate, and spend time with loved ones, the market is not as frenetic as was seen earlier this year. Buyer demand continues to be high, bolstered by attractive mortgage rates and a low supply of inventory. The most recent data from the National Association of REALTORS® reports the median single-family existing home sales price rose 16% in the third quarter of this year to $363,700, with all four regions of the country experiencing double-digit price growth. In new construction, builder confidence increased in November, surpassing analyst expectations and rising to 83 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), the highest level since spring, despite persistent labor and supply chain challenges and a shortage of available lots. November – Local All MLS Numbers Closed Sales decreased 6.8 percent for Residential homes and 0.5 percent for Condo homes. Pending Sales decreased 1.0 percent for Residential homes but increased 5.2 percent for Condo homes. Inventory decreased 17.8 percent for Residential homes and 35.0 percent for Condo homes. The Median Sales Price increased 9.5 percent to $230,000 for Residential homes and 11.1 percent to $211,000 for Condo homes. Days on Market decreased 41.3 percent for Residential homes and 35.3 percent for Condo homes. Months-Supply of Inventory decreased 22.2 percent for Residential homes and 41.7 percent for Condo homes. 16 | Metropolitan REALTOR®
Listing and Sales Summary Report November 2021 Listing and Sales Summary Report November 2021 Total Sales (Units) Median Sales Prices Average DOM On-Market Listings (Ending Inventory) Nov-21 Nov-20 % Change Nov-21 Nov-20 % Change Nov-21 Nov-20 % Change Nov-21 Nov-20 % Change All MLS (All Inclusive) 10,855 11,556 -6.1% $228,000 $207,500 +9.9% 28 47 -40.4% 15,457 19,416 -20.4% Total Sales (Units) Median Sales Prices Average DOM On-Market Listings (Ending Inventory) City of Detroit* 383 352 +8.8% $85,000 $65,000 +30.8% 40 62 -35.5% 1,700 1,428 +19.0% Dearborn/Dearborn Heights* Nov-21 208 Nov-20 194 %+7.2% Change Nov-21 $182,500 Nov-20 $171,000 %+6.7% Change Nov-21 20 Nov-20 24 %-16.7% Change Nov-21 231 Nov-20 279 %-17.2% Change All MLS (All Downriver Inclusive) Area* 10,855 383 11,556 458 -6.1% -16.4% $228,000 $170,000 $207,500 $150,000 +9.9% +13.3% 28 23 47 24 -40.4% -4.2% 15,457 505 19,416 490 -20.4% +3.1% City of Detroit* Genesee County 383 469 352 514 +8.8% -8.8% $85,000 $175,000 $65,000 $170,000 +30.8% +2.9% 40 27 62 29 -35.5% -6.9% 1,700 789 1,428 670 +19.0% +17.8% Dearborn/Dearborn Greater Wayne* Heights* 208 1,377 194 1,516 +7.2% -9.2% $182,500 $200,000 $171,000 $179,950 +6.7% +11.1% 20 23 24 26 -16.7% -11.5% 231 1,673 279 1,893 -17.2% -11.6% Downriver Area* Grosse Pointe Areas* 383 79 458 100 -16.4% -21.0% $170,000 $350,000 $150,000 $321,500 +13.3% +8.9% 23 45 24 47 -4.2% -4.3% 505 156 490 188 +3.1% -17.0% Genesee County Hillsdale County 469 64 514 56 -8.8% +14.3% $175,000 $163,823 $170,000 $158,250 +2.9% +3.5% 27 54 29 86 -6.9% -37.2% 789 117 670 119 +17.8% -1.7% Greater Wayne* Huron County 1,377 4 1,516 11 -9.2% -63.6% $200,000 $153,000 $179,950 $130,000 +11.1% +17.7% 23 25 26 113 -11.5% -77.9% 1,673 32 1,893 27 -11.6% +18.5% Grosse JacksonPointe CountyAreas* 79 212 100 218 -21.0% -2.8% $350,000 $186,500 $321,500 $163,000 +8.9% +14.4% 45 42 47 57 -4.3% -26.3% 156 412 188 344 -17.0% +19.8% Hillsdale County Lapeer County 64 106 56 111 +14.3% -4.5% $163,823 $268,945 $158,250 $224,000 +3.5% +20.1% 54 30 86 34 -37.2% -11.8% 117 202 119 188 -1.7% +7.4% Huron County Lenawee County 4 106 11 131 -63.6% -19.1% $153,000 $202,075 $130,000 $179,900 +17.7% +12.3% 25 60 113 72 -77.9% -16.7% 32 273 27 231 +18.5% +18.2% Jackson County Livingston County 212 276 218 291 -2.8% -5.2% $186,500 $324,950 $163,000 $295,000 +14.4% +10.2% 42 25 57 35 -26.3% -28.6% 412 304 344 378 +19.8% -19.6% Lapeer Macomb County County 106 1,215 111 1,310 -4.5% -7.3% $268,945 $215,000 $224,000 $200,000 +20.1% +7.5% 30 23 34 28 -11.8% -17.9% 202 1,385 188 1,580 +7.4% -12.3% Lenawee County Metro Detroit Area* 106 5,058 131 5,297 -19.1% -4.5% $202,075 $240,000 $179,900 $220,000 +12.3% +9.1% 60 26 72 31 -16.7% -16.1% 273 7,308 231 8,101 +18.2% -9.8% Livingston County Monroe County 276 183 291 193 -5.2% -5.2% $324,950 $205,000 $295,000 $200,000 +10.2% +2.5% 25 37 35 39 -28.6% -5.1% 304 247 378 280 -19.6% -11.8% Macomb MontcalmCounty County 1,215 76 1,310 90 -7.3% -15.6% $215,000 $172,250 $200,000 $183,999 +7.5% -6.4% 23 28 28 69 -17.9% -59.4% 1,385 105 1,580 138 -12.3% -23.9% Metro Detroit Oakland CountyArea* 5,058 1,807 5,297 1,828 -4.5% -1.1% $240,000 $307,176 $220,000 $278,000 +9.1% +10.5% 26 26 31 30 -16.1% -13.3% 7,308 2,246 8,101 2,822 -9.8% -20.4% Monroe SaginawCounty County 183 207 193 181 -5.2% +14.4% $205,000 $136,900 $200,000 $123,000 +2.5% +11.3% 37 24 39 25 -5.1% -4.0% 247 297 280 245 -11.8% +21.2% Montcalm Sanilac County County 76 43 90 42 -15.6% +2.4% $172,250 $165,000 $183,999 $175,000 -6.4% -5.7% 28 51 69 48 -59.4% +6.3% 105 94 138 82 -23.9% +14.6% Oakland ShiawasseeCounty County 1,807 76 1,828 89 -1.1% -14.6% $307,176 $195,000 $278,000 $150,600 +10.5% +29.5% 26 25 30 32 -13.3% -21.9% 2,246 102 2,822 133 -20.4% -23.3% Saginaw County St. Clair County 207 191 181 218 +14.4% -12.4% $136,900 $196,000 $123,000 $179,450 +11.3% +9.2% 24 31 25 40 -4.0% -22.5% 297 327 245 362 +21.2% -9.7% Sanilac Tuscola County County 43 49 42 45 +2.4% +8.9% $165,000 $145,000 $175,000 $148,200 -5.7% -2.2% 51 29 48 24 +6.3% +20.8% 94 77 82 56 +14.6% +37.5% Shiawassee County Washtenaw County 76 371 89 391 -14.6% -5.1% $195,000 $339,900 $150,600 $300,000 +29.5% +13.3% 25 26 32 36 -21.9% -27.8% 102 714 133 1,040 -23.3% -31.3% St. ClairCounty Wayne County 191 1,760 218 1,868 -12.4% -5.8% $196,000 $180,000 $179,450 $163,900 +9.2% +9.8% 31 26 40 33 -22.5% -21.2% 327 3,373 362 3,321 -9.7% +1.6% *Tuscola County Included in county numbers. 49 45 +8.9% $145,000 $148,200 -2.2% 29 24 +20.8% 77 56 +37.5% Washtenaw County 371 391 -5.1% $339,900 $300,000 +13.3% 26 36 -27.8% 714 1,040 -31.3% Wayne County 1,760 7, 2021. Current as of December 1,868 All data from-5.8% $180,000 Realcomp II Ltd. This $163,900 report is not to be +9.8% reproduced or redistributed 26 without Realcomp's 33written consent. express -21.2% Metropolitan REALTOR® | 17 3,373but not guaranteed. Data deemed reliable 3,321 Report © 2021+1.6% ShowingTime. * Included in county numbers.
continued from page 13 Patrick Munce Jerome Poisac Katherine Schuerman Susan Surma Amy Wagel Anxhelo Naci Michal Polasek Travis Scott DeAndre Sutton Karla Walker Aryana Nacker Demetrios Polyzois Janel Segars John Szlinis Carol Waraniak Kim Nash Stevan Popovic Terry Sever Bilal Taleb Christopher Waring Michael Nawrocki William Powell Jimmy Shaba Vincent Tanner Jonne Washington Sanetti Neal Jacqueline Presnell Coliebb Shabazz Ronnie Targanski Michael Watcke Lisa Nikollaj Alexis Price Narmeen Shango Steven Tauriainen Deobaleene Watley Marc Nocera Shawn Primeau Mustafa Sharafi Greg Taylor Catherine Waun Clara Norris Aaron Pringle Rutha Sharpe Stephanie Taylor Katie Weaver Dustin North Nicole Pyne Christian Shavers-Turner Wenn-Huey Teng Heidi Weeden Anthony Nucci Mindijo Rahn Kamahl Shehadeh Ladonna Tennant Misty Weisenberger Tara Nysen Gary Reggish Shaima Shehadeh Julie Thayer Julie Welch Stephen Oaks Heidi Rhome Adam Shepherd Michelle Thayer Denise Wesselmann Derek OBranovic Ryan Ritzert Nennie Sheriff Nadine Thayer Allante Wheeler Patricia O'Curran Alyse Robertelli Guste Shukeireh Christine Thibault Dewayne White Andre Olden David Robinson Cheryl Sibley George Thomas Vicki Whitt Kenisha Opara Dwayne Robinson Saif Siddiqui Kristen Thomas Cheryl Williams Jacqueline Orozco Karen Robinson Jeffrey Silverman Ronald Thomas Demetrius Williams Brandon Orth Roxanna Robinson Narinderjeet Singh Timothy Thomas Hyla Williams Patricia Palazzolo Marinell Roe Andrew Slovik Jawuan Thompson Patricia Williams Allison Pallares Ziyad Roumaya Eric Smith Leon Timmon Sheila Williams Lanise Pannell Arthur Rucinski Ryan Smith Karena Tolford Wanda Williams Ashley Pappas Keith Ruloff Whitney Smith Michael Toomey George Williams Jr. Andrew Parent Andrea Ryckman Ezekiel Sobowale Hanagasa Torres Connie Winn Amy Parsons Frederick Ryckman Linda Solomon Robert Torrey Talisha Winston Cynthia Parsons Karen Ryckman Andrew Soper Clayton Town Kevin Wobbe Amitkumar Patel Rafida Sabbagh Keri Sorenson Sara Trombly Carol Woodard Sarah Patrick Adrienne Sain Adam Soroka Michael Tullis Stephen Wright Alvin Pattah Mohammad Saleem Stephanie Spadafore Benita Turcu Victoria Yaklitch Donald Pauck Maxine Salloumi Brett Spanski Deborah Turner Alexander Yaldo Rodney Pearson Alexandrea Santo Linda Spindura Wendy Tyrell Brian Yaldoo Richard Perkins Anthony Saroki Douglas Stark Eduard Udovichenko Nhia Yang Marietta Perry Javier Sastre Maria Starkey Brittnie Ulrich Austin Yee Dorene Phan Shannon Savona David Steuer David Valderrama Wei Yi Cortney Phenix Stephanie Sawdon Darcel Stewart Diana Van der Vossen Michael Yoksich Stephen Phillips Shawna Saylor Jelani Stewart Nicole Vancamp Jennifer Zalinski Anthony Pichette Anthony Schippa Anthony Stinnett Charles Vanerian Ahmed Zamzam Charles Pickering Mark Schmansky Aaron Stokes Brian Vaughn Michelle Zarghami Melissa Pidcock Shelley Schoenherr Matthew Stransky Eva Vermeesch Kaleb Zemke Christopher Plummer Lee Schostak Michael Strauss Kaleigh Vogel Xiangang Zhang Tiffany Poe Carol Schrauben Kathryn Strelecki Gary Vroom Xinyang Zhang 18 | Metropolitan REALTOR®
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