10 days ago, lawmakers on Capitol Hill passed the “21st Century Road to Housing Act”, boosting housing supply, cutting costs and expanding access to affordable homes.
In Michigan’s state legislature, there are now bills being created aimed at bringing down the cost for the state.
In June of 2026, Metro Detroit saw its first year-over-year increase by 4.7%.
Median home sale prices rose by 3.7% to $337,000.
Homes are reportedly getting sold three days faster than last year.
Oakland and Wayne County saw the most sales at 1,700 homes sold.
Jeanette Schneider, the president of REMAX of Southeastern Michigan, joined Local 4 Live to tell buyers and sellers what may be coming next.
You can watch the full interview in the video at the beginning of this article.