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Home Builders Starting To PANIC In Southeast Michigan - The housing market shift is HERE, and some homebuilders in southeast Michigan are starting to panic as their new homes sit on the market without interest. A year ago, homebuilders were overflowing with new contracts, and even had to raffle off their inventory to buyers on a waitlist, but since then, the tables have turned.

With so many unethical business practices that I have mentioned in this video, they are not a direct depiction of ALL the builders in southeast Michigan.

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0:00 Michigan Homebuilders PANICKED
1:10 Why People Aren't Buying New
2:59 New Home Reality
4:22 Empty Promises
5:15 Desirability
6:42 What Does It Mean For Buyers?
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Andrew McManamon is a licensed Real Estate Professional with Signature Sotheby's International Realty. All the information presented throughout his videos are based on current or prior experiences, and serve as educational purposes only. Please consult with a local real estate agent, real estate attorney and/or mortgage lender to see if this information is applicable to your situation.