Tagged: home sale prices

Michigan home sale prices increased by more than 6 percent in the last three months. But home prices are not rising everywhere.  

Alex Villacorta is with Clear Capital. He said Michigan’s average home sale prices are still 65 percent below their peak of a few years ago, before the recession.  But Villacorta said prices are finally moving in the right direction. 

Detroit home prices posted sharp declines during the first 6 months of 2011, according to a new report.  And the decline is expected to continue during the next 6 months.  Clear Capital reports Detroit’s home sale prices were down 19.8% during the first half of the year compared to the first six months of 2010.