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With housing inventory at its lowest in years, the number of building permits for new housing continues to increase every at a steady pace since 2009.

The number of listings in Southeast Michigan dropped from 18,194 last year to 10,172 last month, a 44.1 percent plunge. At the same time the number of permits increased by a few hundreds from last year, totaling 5,519 in 2016, according to local reports and organizations.

With the inventory shrinking, now is a great time to sell your home. If you are in the market for selling or buying, please call us for a free market analysis at 313-819-0101.

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