Metro-Detroit Monthly Housing Real Estate Statistics - September 2021

Nationwide, existing home sales were down slightly in August, falling 2% after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar into fall, with the median sales price of existing homes up 14.9% compared to last year. Declining affordability has had a significant impact on homebuyers, many of whom have been priced out of the market and are choosing to wait for sales prices to ease before resuming their home search. 


Michigan Realtors® & GMAR Assist Oakland and Macomb County Residents

The Greater Metropolitan Association of Realtors® (GMAR), together with the North Oakland County Board of Realtors®, with assistance from the Michigan Realtors® and the National Association of REALTORS®, is happy to announce a program that provides relief assistance for qualified applicants of Oakland and Macomb County in response to the heavy rainfall, winds, and tornadoes that resulted in widespread property damage on July 24 – 25, 2021. 

GMAR Announces $20,000 in Scholarships for Class of 2021

Despite the chaos this year has brought on all of us, the Class of 2021 will likely end up being one of the most resilient high school graduation classes in recent history. GMAR’s commitment to its members has never been greater—and the Higher Education Scholarship is just another example of that commitment.

In August, GMAR gave nearly $20,000 in scholarships to the children of GMAR members! To qualify, graduating seniors applied for the scholarship earlier this year and committed to attending a Michigan college or university.

Submit Nominations for GMAR's 2021 Greater Neighbor Award and Affiliate of the Year

The Affiliate of the Year award is the highest honor an Affiliate Member can receive from GMAR. As a GMAR Member, you have the opportunity to nominate an Affiliate partner for the award. When thinking of the partner business you'd like to nominate, consider the following.