Table of Contents
MARCH 2022
VOLUME 19, NUMBER 3
the official publication of the
Greater Metropolitan
Association of REALTORS®
24725 W Twelve Mile Rd, Ste 100,
Southfield, MI 48034
248-478-1700
www.GMARonline.com
President: Teri Spiro
President Elect: Nathan Boji
Treasurer: Dee Dee Ohara-Blizard
Past President: Katie Weaver
DIRECTORS
District 1: Shelley Schoenherr
District 2: Jaye Sanders
District 5: Pam Bartling
District 7: Toni Jennings
District 8: Kevin Hultgren
District 9: Chelsea Cain
At Large: Dennis Kozak
At Large: Melissa Degen
At Large: Devon Smith
Affiliate: Mary Ross
STAFF
Vickey Livernois, Chief Executive Officer
Stacie Andrew, Membership Director
Carrie Bone, Member Specialist
Traci Dean, Education Coordinator
Hannah Deacon, Event Manager
Marnie Gray, Accountant
Alex Haddad, Political Engagement Director
Caryn MacDonald, Executive Assistant
Skylar Marino – Member Support Administrator
Grant Meade, Director of Realtor® & Community Affairs
Pauline Olszewski, Professional Standards Administrator
& Toolshop™ Manager
Kelli Peters, Member Support Administrator
Kevin Tshiamala, Marketing & Communications Director
Michigan State Housing Development Authority ............................................ 3
SPONSORS
SUPPORT THOSE WHO SUPPORT YOU
This edition of the Metropolitan REALTOR® is made possible by the
following industry partners:
4 President's Report
5 GMAR Education Calendar
6 CEO’s Letter
8 Legislative Update
9 2022 Event Sponsorships
10-11 Welcome New Members
12 RPAC Report
13 Thank You RPAC Investors
14-15 GMAR Market Update - January 2022
16-17 January 2022 Sales Summary
18 YPN Report
19 March ToolShop Sale
20-26 GMAR Education Flyers
Ad Number: PP-MSHDA-22197A Trim:
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Equal Housing Employer/Lender
PRESIDENT’S REPORT
By TERI SPIRO - 2022 GMAR President
President@gmaronline.com
GMAR Global Initiative -
Think Globally, Act Locally
This month I am featuring the newly formed
GLOBAL INITIATIVE COMMITTEE. There was great
interest for GMAR to support GMAR members
who participate in conducting business in global
markets or are interested in doing so. We work in
a tri-county area that is rich in cultural diversity.
Through education and networking activities,
the goal is to promote our Metro Detroit area
as a global destination. Over the past two years,
GMAR initiated a task force to produce a Mission
Statement, a Business Plan, a Budget, and a plan
to launch the GMAR Global Initiative successfully.
Last year, the GMAR Board of Directors reviewed
and approved this extremely organized proposal
from task force members Dee Dee Ohara Blizard,
Dmitry Koublitsky, Justin Oliver, and GMAR's
Chief Executive Officer, Vickey Livernois.
Chaired by Justin Oliver, the inaugural
GLOBAL INITIATIVE COMMITTEE meeting was
held in January. The co-Chair is Caroline Chen.
Both have a strong background in conducting
business in global markets, as do the rest of the
Committee. This will be an important year as the
Committee gets several objectives underway.
These include outreach to the membership of
GMAR, partnering in programs with the National
Association of Realtors®, and providing access to
education and global networking through virtual
events. Nurturing and building relationships
with international partners worldwide is an
exciting addition to our GMAR presence. Once
again, we are establishing GMAR as GREATER! We
look forward to seeing these programs develop
over the next two years.
RPAC CHALLENGE
I challenged all the Committees to be at 100
% participation in RPAC before the end of our
first quarter. A friendly rivalry between the
Committees has been ongoing the past few
years to see who makes their 100% goal first. In
the challenge's first year, the Affiliate Committee
was the first to get 100% participation in
investing in RPAC. DON'T FORGET TO SUPPORT
OUR AFFILIATES! This year (as it should be), the
RPAC Committee was the first to reach its goal.
It is one of the largest committees, so getting
100% can take longer. James Cristbrook, Chair
of the RPAC Committee, made it clear that 2022
was THE YEAR to win the challenge. Mission
accomplished!
GETTING BACK TO "NORMAL"
GMAR is gradually getting back into in-person
events, with virtual options for education and
committee meetings. There are numerous
in-person events planned in March and
April, including Fowling, RPAC Major Investor
Luncheons, and A Fair Housing Event (mark
your calendars for 4/20!) at the MSU Education
Center in Troy. GMAR Members will also have the
option to attend virtually. The highly regarded
Chief Economist of NAR, Dr. Lawrence Yun, is
once again presenting remotely "Coffee and
Economics" on four-sevenths. The promotion of
GMAR events is featured on Realcomp pages,
emails to our membership, and on our GMAR
website. There are a lot of educational
opportunities and social events that have been
planned to make 2022 an exciting year. I look
forward to seeing you in person!
GMAR EDUCATION CALENDAR 2022
MARCH VIRTUAL & IN-HOUSE CLASSES
Register for all classes by visiting GMARonline.com/calendar
BASIC EXCEL
No ConEd Credits
March 10th
9:00 a.m.- 10:00 a.m.
VIRTUAL
Instructor: Bart Patterson
FREE, GMAR Members
$10, Non-Members
REGISTER HERE
SELLER REPRESENTATIVE SPECIALIST
CE Credits: 13 Standard, 2 Legal
March 14th – March 16th
9:00 a.m. – 1:00 p.m. Daily
VIRTUAL
Instructor: Rick Conley
FREE, Membermax & EduPass
$195, Members
$225, Non-members
REGISTER HERE
AMARKI GENERAL OVERVIEW & EASY PROMOTE
WEBINAR
CE Credits: 0
March 9th
10:00 a.m. - 11:00 a.m.
Virtual
Instructor: Darryl Mason
FREE, GMAR Members
Members Only
REGISTER HERE
ASK THE EXPERTS WITH GMAR AFFILIATES
CE Credits: 0
March 15
9:00 a.m. – 10:00 a.m.
VIRTUAL
Instructor: GMAR Affiliates
FREE
REGISTER HERE
MANAGING YOUR BUSINESS: DOLLARS & SENSE
CE Credits: 3 standard
March 17th
9:00 a.m. - 12:00 p.m.
Virtual
Instructor: Committee, Affiliate
FREE, GMAR Members
Members Only
REGISTER HERE
NAR GREEN
CE Credits: 15 Standard
March 23rd & 24th
9:00 a.m. – 4:00 p.m. Daily
VIRTUAL
Instructor: Bart Patterson
FREE,Membermax & EduPass
$99, Members
$119, Non-Member
INPERSON REGISTRATION
VIRTUAL REGISTRATION
NAR CODE OF ETHICS
CE Credits: 3 Standard
March 25
10:00 a.m.- 1:00 p.m.
VIRTUAL
Instructor: Dennis Kozak
FREE: Membermax & Edupass
$10, Non-Members
REGISTER HERE
MSHDA HOME OWNERSHIP PROGRAMS
CE Credits: 1 Standard
March 28th
10:00 a.m.- 11:00 a.m.
VIRTUAL
Instructor: Darren Montreuil
FREE, GMAR Members
$25, Non-members
REGISTER HERE
FEMA & FLOOD ZONE COURSE
CE Credits: 2 legal
March 29
10:00 a.m. – 12:00 p.m.
VIRTUAL
Instructor Karol Grove
FREE
REGISTER HERE
BUYING FORMS- MAKING AN OFFER
CE Credits: 1 standard, 1 legal
March 30th
10:00 a.m. - 12:00 p.m.
Hybrid- please see GMAR website
Instructor: Steve Katsaros
FREE, GMAR Members
$20, Non- Members
INPERSON REGISTRATION
VIRTUAL REGISTRATION
Metropolitan REALTOR® | 5
CEO’S LETTER
By VICKEY LIVERNOIS
Chief Executive Officer
Michigan Launches First-Time
Homebuyer Savings Account Program
If you haven't yet heard – this is big news for
Michigan! Last month, Governor Whitmer signed
into law Bills that established the First-Time
Home Buyer Savings Program to help families
save for and purchase homes.
Under the new law, first-time home buyers and
family members can contribute and withdraw
from the account tax-free and claim up to
five thousand dollars for single filers and ten
thousand dollars for joint filers on their taxes.
Still, the account balance cannot exceed fifty-
thousand dollars. Plus, the account accrues
interest while money is in the account, just like a
savings account would do.
"This new law sets up the state's first dedicated
savings vehicle for a new home purchase,"
Michigan Realtors® President James Iodice
said in a statement. "These accounts will help
individuals and families achieve the dream of
homeownership, retain our talented college
graduates, and promote financial literacy and
smart savings. Realtors® are very excited to work
as ambassadors for this new program."
This new law is not just for first-time home
buyers. If you haven't owned a home in at least
the last three years, you are also eligible.
More information will be available shortly as
the Michigan Department of Treasury develops
the necessary paperwork.
Metropolitan REALTOR® | 7
www.GreaterRealtorsFoundation.com
Improving Lives
by oering financial support
to those in need
The Greater Realtors
®
Foundation,
established in 2018, provides financial
assistance through various grant programs
for property disaster relief and disability-
adaption projects to individuals, families,
and non-profit agencies.
www.GreaterRealtorsFoundation.com
Improving Lives
by oering financial support
to those in need
The Greater Realtors
®
Foundation,
established in 2018, provides financial
assistance through various grant programs
for property disaster relief and disability-
adaption projects to individuals, families,
and non-profit agencies.
www.GreaterRealtorsFoundation.com
Improving Lives
by oering financial support
to those in need
The Greater Realtors
®
Foundation,
established in 2018, provides financial
assistance through various grant programs
for property disaster relief and disability-
adaption projects to individuals, families,
and non-profit agencies.
www.GreaterRealtorsFoundation.com
Improving Lives
by oering financial support
to those in need
The Greater Realtors
®
Foundation, established in
2018, provides financial assistance to those in need. In
partnership with GMAR, the GRF has donated over
$125,000 to Guardian Angels Medical Service Dogs
and most recently, $25,000 to the Community
Housing Network.
Support the GRF and donate today!
8 | Metropolitan REALTOR®
Standardized Regulation of
Short-Term Rentals
LEGISLATIVE UPDATE
By GRANT MEADE
GMAR Director of Realtor® and Community Affairs
The standardized regulation of short-term
rentals (STRs) has been a key policy goal for
Michigan Realtors® as vacation rentals like
Airbnb and VRBO have become increasingly
popular. However, since gaining attention
as an alternative to traditional short-term
accommodations like hotels, short-term rentals
have existed in a regulatory gray area. Clearing
up short-term-rentals space in both zoning and
ordinances would go a long way in ensuring
that property owners and renters alike can reap
the benefits.
Short-term rental is an umbrella term
referring to any rental agreement with a term
shorter than 30 days. While most people
associate this with the vacation rentals as
mentioned above, the regulation of STRs could
have far-reaching impacts on the home selling
process. Under current rules, any post-sale
occupancy by the seller can be considered a
short-term rental. If not properly accounted
for, a municipal ban on STRs could alter the
contract to a problematic point.
Currently, short-term rentals are regulated
entirely at the local level, creating a messy
patchwork of regulations that restricts
property owners from exercising their rights.
Several municipalities have completely banned
short-term rentals, others have restricted
them through zoning laws, and others have no
restrictions on them. To simplify this system,
Realtors® are working at the state level to
create a common base of regulation and
protect private property rights.
House Bill 4722 has passed the Michigan
House of Representatives and is awaiting a
hearing in the Senate Committee on Regulatory
Reform. Specifically, under the bill, all the
following would apply, for purposes of zoning,
to the rental of a dwelling, including a short-
term rental:
• It is a residential use of property and a
permitted use in all residential zones.
• It is not subject to a special use or conditional
use permit or procedure different from those
required for other dwellings in the same zone.
• It is not a commercial use of property.
When this bill goes before the Senate for
consideration, it will be our responsibility to
ensure that our elected officials hear our voice. It
is crucial that we work together to communicate
the importance of this legislation, not only
for our interests but for that of every private
property owner in Michigan.
To ensure
that you
can make
your voice
heard, text
REALTORS
to 36044
Metropolitan REALTOR® | 9
March, May, August & October
Sponsorships Available: 4 | 1 sponsorshop
package available for each type
Sponsorships Available: 4
Logo on Invite & Poster |
Event Signage | Social Media
Post | Sponsored Blog
Content | Included in Event
E-Blast | Included in Event
Description | Included in
PowerPoint Presentation
April 2022 | $1000 / Sponsor
Premier Sponsorship Perks:
Logo on Invite & Poster | Verbal Recognition | Social Media
Post | Sponsored Blog Content | Included in Event E-Blast |
Included in Event Description | 1 Ticket to Each Event
PREMIER
$2500
Bar Sponsorship Perks:
8x10 Event Signage | Drink Tickets | Logo Inclusion on Event
Page | Included in Event E-Blast | Included in Event Description
Food Sponsorship Perks:
8x10 Event Signage | Logo Inclusion on Event Page | Included
in Event E-Blast | Included in Event Description
Table Sponsorship Perks:
Logo on 5x7 Frames | Included in Event Description
GMAR YOUNG PROFESSIONAL
NETWORK EVENTS
FAIR HOUSING EVENT DR YUN – COFFEE &
ECONOMICS
April 2022 | $500 / Sponsor
Sponsorships Available: 4
Logo on Invite & Poster | Event
Signage | Social Media Post |
Sponsored Blog Content | Included
in Event E-Blast | Included in Event
Description | Included in
PowerPoint Presentation
SUMMER EVENT
July 2022
Sponsorships A-la-carte
GMAR GIVES BACK
November 2022
Sponsorships A-la-carte
FOOD
$1500
BAR
$1500
TABLE
$1000
2022 EVENT SPONSORSHIPS
www.gmaronline.com/event-sponsorships
Greater
Metropolitan
®
Association of
For additional information, contact Hannah Deacon [email protected]
10 | Metropolitan REALTOR®
Starlite Aaron-Williams–Century 21 Curran & Oberski
Heba Abdallah–RE/MAX Classic
Amanda Abulawi–KW Advantage
Ghadir Alkhodair–Keller Williams Legacy
Asem Alshami–EXP Realty, LLC
Ali Altamimi–Keller Williams Realty W. Blm.MC
Hasan Alzewary–KW Advantage
Ismail Amen–Keller Williams Legacy
Orlando Avant–Inua Group LLC
Monique Baker McCormick–McCormick Real Estate and Fina
David Balagna–Dane Seltzer Real Estate Group
Edward Barnes–National Realty Centers
Elsian Basha–Brookstone, Realtors
Riley Batarseh–EXP Realty, LLC
Yanika Baugh–Weatherspoon & Associates Real
Tiffany Baxter–KW Home Realty
Zeinab Bazzi–Omnistone Realty LLC
Robin Beasley–EXP Realty, LLC
NIcholas Bellante–RE/MAX Nexus
Dawn Bennett–EXP Realty, LLC
Revanda Benno–EXP Realty, LLC
Christopher Berry–Omnistone Realty LLC
Phill Booker–EXP Realty, LLC
Sean Boucher–Top Agent Realty
Brianna Boyd–KW Advantage
Nathan Brennan–RE/MAX ECLIPSE-ROCHESTER HILLS
Alexee Brown–Exit United Realty Professionals
Mary Brown-Liddell–EXP Realty, LLC
Chad Brueske–ELEMENTARY HOMES, LLC.
Jerry Buffington–Brookstone, Realtors
Dwala Burk–Powell Real Estate
Michael Cacaj–Omnistone Realty LLC
Andrea Carlini–Keller Williams Paint Creek
Samuel Cartes–3DX Real Estate, LLC
Alec Casal–Coldwell Banker Weir Manuel Birmingham
Lance Ching–The RichRealty Group
Joseph Cipriano–Market Elite Inc.
Alyssa Cooley–Key Realty
Andrea Curtis–KW Professionals
Angela Danho–EXP Realty, LLC
Ashley Darbe–Rocket Homes Real Estate LLC
Veronica Dean–Baws Realty, LLC
Tracy DeVine–Century 21 Curran & Oberski
Olivia DiLoreto–Level Plus Realty
Steven Dobbs–DOBI Realtors
Sarkis Douiahy–EXP Realty, LLC
Robert Duszynski–DW Realty Inc
Eric Ebeling–Real Estate One
Timothy Egan–RE/MAX Classic
Eva Elisha–Brookstone, Realtors
Liza Esqueda–EXP Realty, LLC
Raphael Fazzolari–Rondo Investments LLC
Maria Ferrer–Berkshire Hathaway HomeServices The Loft
Hope Ferste–KW Professionals
Shane Firek–Berkshire Hathaway HomeServices The Loft
Kristina Fletcher–EXP Realty, LLC
Isaiah Fletcher–MV Realty of Michigan
Melissa Foster–Compass Realty Group
Aaron Fox–Century 21 Affiliated
Victoria Fuller–MV Realty of Michigan
Melanie Gaston–EXP Realty, LLC
Colleen Glodich–Arterra Realty Michigan LLC
Willie Graham–Expert Realty Solutions Inc.
Jessica Graves–Real Estate One, Inc. Central
Ernest Gray–Expert Realty Solutions Inc.
Adam Hage–KW Advantage
Austin Hames–Remerica Hometown One
Shalissa Harvey–EXP Realty, LLC
Mary Heady–Re/Max Team 2000
Christine Healey–Jason Mitchell
Mitchell Heath–Great Lakes Real Estate Agency LLC
Danielle Henderson–New Way Realty Partners LLC
Nakita Henry–EXP Realty, LLC
Allisha Herron–Rocket Homes Real Estate LLC
Jacob Hinkle–Keller Williams Realty Grosse Pointe
Alexandra Hoeft–Social House Group
Lexus Holden–Keller Williams Legacy
Ashley Holland–KW Advantage
Christian Holsker–5th Avenue Realty, Inc.
Abeer Horvoth–Ace of Real Estate LLC
Hossam Hossein–Empire Realty Group
Todd Hovey–Max Broock, REALTORS, Birmingham
Yi Huang–KW Advantage
Thomas Hufnagel–Waison Realty LLC
Haikal Humadah–Weichert, Realtors-Select
Samy Husseini–EXP Realty, LLC
Cynthia Hutchinson–Weatherspoon & Associates Real
Nicole Jackson–EXP Realty, LLC
Nilda Jaime–EXP Realty, LLC
Josh Jurkovich–Emerald Standard Realty Compa
Danny Keath–Great Lakes Real Estate Agency LLC
Clayton Kilgallon–BellaBay Realty Tri-Counties
Jason Koch–Omnistone Realty LLC
Joanna Kokos–Keller Williams Metro
Ibrahim Kourouma–Signature Realtors LLC
James Krajnik–MV Realty of Michigan
Marios Lalios–Maxim Properties
Isaiah Land–Keller Williams Paint Creek
Adriel Larned–Coldwell Banker Weir Manuel
Emily Larson–Stukkie Real Estate
Alex Lee–KW Advantage
Erin Lefere–EXP Realty, LLC
Cherilyn Lewis–Crown Properties International
Wen Li–RE/MAX First - Clinton Township
Jodi Lipscomb–KW Home Realty
Gavin Lomas–Max Broock, Inc. Bloomfield Hills
Anthony MacEachern–Elite Realty Inc. Sterling Hts
Miras Majdob–EXP Realty, LLC
Joel Manier–Top Agent Realty
Daniel Manosalvas–Keller Williams Somerset
NEW MEMBERS
Welcome New Members
Rongjiao Mao–EXP Realty, LLC
Nicholas McEvoy–Michigan Premiere Realty Group LLC
Edgar McKinnin–BBR Realty, LLC
Amy McQuiston–Soaring Eagle Realty, LLC
Jeffery Meldrum–EXP Realty, LLC
Felando Merriweather–Remerica Hometown
Thomas Milligan–HomeCoin.com
Jonathan Minerick–Real Estate One Novi
Salman Faghih Mirzaei–Realty Executives Home Towne
Katherine Mitchell–Thrive Realty Company
Anthony Moceri–KW Domain
Paul Morrison–EXP Realty, LLC
Cheryl Mueller–EXP Realty, LLC
Scott Neal–3DX Real Estate LLC
Nargiz Nesimova–Berkshire Hathaway HomeService
Samuel Newton–Real Estate One
Cepha Nixon–Haus Realty Inc.
Desmond Parker–3DX Real Estate, LLC.
Maria Parvu–M 1 Realty inc.
Jesse Peeples–Keller Williams Lakeside
Porsha Perry–Home Realty Partners
Jeffrey Perry–Century 21 Dynamic
Jeremy Ploch–EXP Realty, LLC
Rieley Prevett–EXP Realty, LLC
Ashley Redd–EXP Realty, LLC
Whitney Render–TeamHarveyUSA! Realty, Inc.
Kevin C. Robinson–NextHome Evolution
Megan Rockwood–Rocket Homes Real Estate LLC
Al'Dreah Ross–Anthony Djon Luxury Real Estate LLC
Jason Sabbagh–EXP Realty, LLC
Mark Sami–KW Advantage
Deja Sammons–Red Barn Realty LLC
Jaimie Schmidt–Keller Williams Legacy
Francisco Segovia–Max Broock - Royal Oak
Haley Sexton–Golden Key Real Estate
Dustin Shaeffer–KW Advantage
Sameer Shah–Moghul & Main, LLC
Montel Shaw–Keller Williams Paint Creek
Noor Sheeba–The AMF Group Inc.
Chloe Shepherd–EXP Realty, LLC
Jason Shifferd–Anthony Djon Luxury Real Estate LLC
Kelly Sliwinski–Encore Real Estate Group
Lauree Sloan–EXP Realty, LLC
Jesse Smith–EXP Realty, LLC
Ava Smith–Vylla Homes
Kelly Smith–Ace of Real Estate LLC
Mohamed Sobh–Re/Max Eclipse
Morgan Southwick–RE/MAX Dream Properties
Liberty Spears–Expert Realty Solutions Inc.
Lynsey Squires–Keller Williams Metro
Kimbrea Squirewell–KW Realty Livingston
Sarabeth Stankevich–KNE Realty 360
Justin Stearns–KW Advantage
Jonathan Stevens–EXP Realty, LLC
Trenton Strunk–Key Realty One
Parvathee Subramaniam–Signature Sotheby's International Realty
Daniel Swartout–Century 21 Curran & Oberski
Kevin Swope–Front Page Properties
DeAndre Terrell–Omnistone Realty LLC
Jaquel Thompson–Keller Williams Legacy
Ahmed Tiguert–Omnistone Realty LLC
Nawar Toma–Keller Williams Paint Creek
Nora Towne–KW Home Realty
Khalid Turaani–EXP Realty, LLC
Bertram Turner–Real Estate One, Inc. Central
Elke Van Dyke–Top Agent Realty
Franklin Maele–Metro-West Appraisal
Jennifer Vennard–Keller Williams Realty Central
Ariana Vitale–Keller Williams Metro
Jameison J. Walker II–KW Advantage
Melissa Wangler–Weatherspoon & Associates Real
Gregory Weatherspoon–EXP Realty, LLC
Courtney Wedgeworth–Coldwell Banker Weir Manuel Birmingham
Austin Weinreb–MV Realty of Michigan
Westly Weiss–3DX Real Estate LLC
Robert White–Real Estate One, Inc.
Monica Whitfield–Omnistone Realty LLC
Raoul Williams–KW Advantage
Dustin Williams–Fathom Realty
Alexandra Wilson–Omnistone Realty LLC
Bryan Wilson–KW Advantage
Lacole Woods–Goedert Real Estate
Laura Woodside–EXP Realty, LLC
Aaron Yates–Jason Mitchell
Jennifer Yauch–Level Plus Realty
Justin Yelda–Keller Williams Metro
Lauren Yellen–Keller Williams Metro
Elizabeth Yops–KW Advantage
Tonya Young–A J Y Commercial LLC
Anthony Yousif–First Choice Realty, Inc.
Gary Zuk–
Metropolitan REALTOR® | 11
We Couldn’t Do It
Without You
THANK YOU ORIENTATION SPONSORS
FOR THE MONTH OF MARCH 2022:
U.S. BANK
CHANGING PLACES MOVING
12 | Metropolitan REALTOR®
RPAC REPORT
By JAMES CRISTBROOK
GMAR RPAC Chair
RPAC2022
What, Where, When, Why & How!
Over the next year I hope to define the importance of RPAC and how it supports legislators and
issues that represent housing, protection of private property rights, the health and wellbeing of our
industry and …
Making The American Dream Come True
RPAC also strives to keep us - the Realtor
®
- at the center of the transaction.
So, Where can you invest in RPAC?
It’s simple! Just click on the link below and away you go!
gmaronline.com/invest
And, Where do your RPAC investments go?
• Helped create the First-Time Homebuyer Savings Account
• RPAC saved the 30-year mortgage and defeated sales tax on your services as a Realtor
®
• Provided financial assistance during the COVID-19 Pandemic via UIA
• Preventing taxes on real estate commissions
• Eliminating after-the-fact referrals and reducing threats from third-party affinity programs
• Preventing unnecessary additions to seller disclosure forms and other forms
• Preventing transfer tax increases and reducing property taxes
• Supporting legislation protecting private property rights and taking compensation
• Preserving the mortgage interest deduction
• Supporting the use of electronic signatures for real estate documents
• Supporting capital gains tax cuts and tax reforms which encourage real estate investment
• Reducing risks and legal liability through enacting seller disclosure laws
• Stopping mandatory home inspection legislation
• Preserving the independent contractor status for real estate professionals
• Increasing FHA/VA loan limits, allowing more families to move into the ranks of home
ownership
• Supporting database protection legislation for real property listings
RPAC 2022
What, Where, When, Why & How!
Over the next year I hope to define the importance of RPAC and how it supports legislators and
issues that represent housing, protection of private property rights,
the health and wellbeing of our industry and …
Making The American Dream Come True
RPAC also strives to keep us - the Realtor
®
- at the center of the transaction.
So, when should you invest in RPAC?
The Answer Is Easy
NOW
Investing Is Easy, Too!
Just click the link below and away you go!
gmaronline.com/invest
Metropolitan REALTOR® | 13
RPAC INVESTORS
Thank You GMAR
RPAC Investors
GMAR would like to extend a sincere thank you to all of the members who have made their investment in RPAC, the REALTORS® Political Action
Committee. By investing in RPAC, these members are supporting REALTOR®-friendly legislators and policy initiatives that reflect the REALTOR® core
values; protecting private property rights, reducing burdensome regulations on the industry and preserving the American Dream of Homeownership.
Below we recognize and applaud GMAR members who invested in RPAC for the month of February 2022.
*Contributions are not deductible for Federal income tax purposes. RPAC contributions are voluntary and used for political purposes. You may refuse to contribute without reprisal or
otherwise impacting your membership rights. For individuals investing $1,000.00 or greater, up to 30% of this total investment may be forwarded to the National Association of REALTORS®
RPAC. All amounts forwarded to the National Association of REALTORS® RPAC are charged against the applicable contribution limits under 2 U.S.C. 441a
Joseph Anderson
Stacie Andrew
Derek Bauer
Austin Black
Mark Borchardt
Diane Braykovich
Theodora Brown
Donna Caumartin
Ponce Clay
Deborah Consiglio
Kathleen Coon
Katherine Culkeen
Hannah Deacon
Traci Dean
Melissa Degen
Philip DeSchryver
Lori Dolman
Nancy Duncanson
Wael Elmaksoud
T. Scott Galloway
Alex Haddad
Elizabeth Harris
Zoe Harris
Tracey Howard
Kevin Hultgren
Dichondra Johnson
Frances Johnson
Miranda Jones
Dawna Kuhne
Vickey Livernois
Lisa Lloyd
Caryn MacDonald
Magan Malkiewicz Williams
Dominic Marzicola
John McArdle
Dorothy Ohara Blizard
E'toile O'Rear-Libbett
Dorene Phan
Chris Romanelli
Dmitriy Selektor
Krista Siefert
Lakshmi Subbiah
Daniel Summers
Eva Vermeesch
Katie Weaver
Misty Weisenberger
Angelque Whidby
REALCOMP MONTHLY HOUSING STATISTICS
REPORT NOW AVAILABLE ONLINE
14 | Metropolitan REALTOR®
Local Market Update – January 2022
A
Research Tool Provided by Realcomp
GMAR® Report
Covers the Greater Metropolitan Area of Detroit, including but not limited to locales in Lapeer, Macomb, Oakland, Washtenaw and Wayne
Counties.
Residential
January Year to Date
Key Metrics 2021 2022 % Change Thru 1-2021 Thru 1-2022 % Change
New Listings 3,503
3,478
- 0.7% 3,503
3,478
- 0.7%
Pending Sales 3,297
3,235
- 1.9% 3,297
3,235
- 1.9%
Closed Sales 3,100
2,902
- 6.4% 3,100
2,902
- 6.4%
Days on Market Until Sale 36
33
- 8.3% 36
33
- 8.3%
Median Sales Price* $190,00
0
$191,800
+ 0.9% $190,000
$191,800
+ 0.9%
Average Sales Price* $233,718
$248,797
+ 6.5% $233,718
$248,797
+ 6.5%
Percent of List Price Received* 98.6%
98.9%
+ 0.3% 98.6%
98.9%
+ 0.3%
Inventory of Homes for Sale 4,552
4,445
- 2.4% ––
––
––
Months Supply of Inventory 1.1
1.1
0.0% ––
––
––
Condo
January Year to Date
Key Metrics 2021 2022 % Change Thru 1-2021 Thru 1-2022 % Change
New Listings 777
720
- 7.3% 777
720
- 7.3%
Pending Sales 681
705
+ 3.5% 681
705
+ 3.5%
Closed Sales 555
550
- 0.9
% 555
550
- 0.9%
Days on Market Until Sale 42
32
- 23.8% 42
32
- 23.8%
Median Sales Price* $177,000
$208,750
+ 17.9% $177,000
$208,750
+ 17.9%
Average Sales Price* $212,808
$238,011
+ 11.8% $212,808
$238,011
+ 11.8%
Percent of List Price Received* 97.9%
99.1%
+ 1.2% 97.9%
99.1%
+ 1.2%
Inventory of Homes for Sale 1,269
820
- 35.4% ––
––
––
Months Supply of Inventory 1.8
1.0
- 44.4% ––
––
––
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point.
Median Sales Price - Residential
Rolling 12-Month Calculation
All MLS
GMAR® Report
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 1-2021
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Median Sales Price - Condo
Rolling 12-Month Calculation
All MLS
GMAR® Report
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 1-2021
$50,000
$75,000
$100,000
$125,000
$150,000
$175,000
$200,000
$225,000
Current as of February 7, 2022. All data from Realcomp II Ltd. Report © 2022 ShowingTime.
Metropolitan REALTOR® | 15
16 | Metropolitan REALTOR®
FOR IMMEDIATE RELEASE
Statistics Contact:
Francine L. Green, Realcomp [248-553-3003, ext. 114],
January Jump: Detroit Dominates Local Marketplace
Median Sales up more than 32% in City
January – National Real Estate Commentary
The 2022 real estate market begins where 2021 left off, in which existing home sales reached their highest level
since 2006, with the National Association of REALTORS
®
reporting sales were up 8.5% compared to the
previous year as homebuyers rushed to take advantage of historically low mortgage rates. Home sales would’ve
been even greater were it not for soaring sales prices and a shortage of homes for sale in many markets, forcing
a multitude of buyers to temporarily put their home purchase plans on hold.
For many buyers, 2022 marks a new opportunity to make their home purchase dreams a reality. But it won’t be
without its challenges. Inventory of existing homes was at 910,000 at the start of the new year, the lowest level
recorded since 1999, according to the National Association of REALTORS
®
, and competition remains fierce.
Affordability continues to decline, as inflation, soaring sales prices, and surging mortgage interest rates reduce
purchasing power. The sudden increase in rates and home prices means buyers are paying significantly more
per month compared to this time last year, which may cause sales to slow as more buyers become priced out of
the market.
Metropolitan REALTOR® | 17
January 2022
Jan-22 Jan-21 % Change Jan-22 Jan-21 % Change Jan-22 Jan-21 % Change Jan-22 Jan-21 % Change
All MLS (All Inclusive) 7,247 7,943 -8.8% $210,000 $193,255 +8.7% 35 48 -27.1% 10,972 12,767 -14.1%
City of Detroit* 312 303 +3.0% $73,000 $55,000 +32.7% 47 64 -26.6% 1,616 1,276 +26.6%
Dearborn/Dearborn Heights* 133 168 -20.8% $180,000 $160,000 +12.5% 24 27 -11.1% 145 189 -23.3%
Downriver Area* 303 304 -0.3% $162,000 $142,750 +13.5% 27 25 +8.0% 350 394 -11.2%
Genesee County 323 345 -6.4% $173,500 $160,000 +8.4% 37 41 -9.8% 601 516 +16.5%
Greater Wayne* 991 1,057 -6.2% $185,000 $173,100 +6.9% 27 30 -10.0% 1,048 1,395 -24.9%
Grosse Pointe Areas* 58 67 -13.4% $357,500 $305,000 +17.2% 52 48 +8.3% 91 102 -10.8%
Hillsdale County 38 42 -9.5% $187,500 $126,500 +48.2% 67 74 -9.5% 93 91 +2.2%
Huron County 6 7 -14.3% $157,500 $70,000 +125.0% 57 46 +23.9% 32 24 +33.3%
Jackson County 153 174 -12.1% $166,350 $155,507 +7.0% 60 73 -17.8% 327 255 +28.2%
Lapeer County 67 80 -16.3% $221,000 $220,990 +0.0% 30 44 -31.8% 170 160 +6.3%
Lenawee County 91 100 -9.0% $178,500 $158,250 +12.8% 59 58 +1.7% 165 177 -6.8%
Livingston County 153 207 -26.1% $315,000 $305,900 +3.0% 35 38 -7.9% 212 281 -24.6%
Macomb County 914 957 -4.5% $200,000 $193,900 +3.1% 30 30 0.0% 923 1,060 -12.9%
Metro Detroit Area* 3,501 3,764 -7.0% $215,000 $205,000 +4.9% 32 35 -8.6% 5,206 5,907 -11.9%
Monroe County 103 118 -12.7% $215,000 $189,900 +13.2% 43 49 -12.2% 215 224 -4.0%
Montcalm County 56 61 -8.2% $193,000 $150,000 +28.7% 33 66 -50.0% 68 99 -31.3%
Oakland County 1,131 1,240 -8.8% $280,000 $265,000 +5.7% 33 36 -8.3% 1,407 1,895 -25.8%
Saginaw County 133 156 -14.7% $135,900 $133,950 +1.5% 36 39 -7.7% 200 168 +19.0%
Sanilac County 27 33 -18.2% $170,000 $133,000 +27.8% 76 100 -24.0% 69 73 -5.5%
Shiawassee County 60 56 +7.1% $187,500 $123,000 +52.4% 47 31 +51.6% 76 112 -32.1%
St. Clair County 129 166 -22.3% $200,000 $150,950 +32.5% 39 32 +21.9% 233 265 -12.1%
Tuscola County 31 23 +34.8% $165,000 $150,000 +10.0% 44 26 +69.2% 55 41 +34.1%
Washtenaw County 222 268 -17.2% $315,000 $287,850 +9.4% 39 40 -2.5% 532 750 -29.1%
Wayne County 1,303 1,360 -4.2% $165,000 $155,000 +6.5% 32 37 -13.5% 2,664 2,671 -0.3%
Listing and Sales Summary Report
* Included in county numbers.
Current as of February 7, 2022. All data from Realcomp II Ltd. This report is not to be reproduced or redistributed without Realcomp's express written consent. Data deemed reliable but not guaranteed. Report © 2022 ShowingTime.
Total Sales (Units) Median Sales Prices Average DOM On-Market Listings (Ending Inventory)
January 2022
Jan-22 Jan-21 % Change Jan-22 Jan-21 % Change Jan-22 Jan-21 % Change Jan-22 Jan-21 % Change
All MLS (All Inclusive) 7,247 7,943 -8.8% $210,000 $193,255 +8.7% 35 48 -27.1% 10,972 12,767 -14.1%
City of Detroit* 312 303 +3.0% $73,000 $55,000 +32.7% 47 64 -26.6% 1,616 1,276 +26.6%
Dearborn/Dearborn Heights* 133 168 -20.8% $180,000 $160,000 +12.5% 24 27 -11.1% 145 189 -23.3%
Downriver Area* 303 304 -0.3% $162,000 $142,750 +13.5% 27 25 +8.0% 350 394 -11.2%
Genesee County 323 345 -6.4% $173,500 $160,000 +8.4% 37 41 -9.8% 601 516 +16.5%
Greater Wayne* 991 1,057 -6.2% $185,000 $173,100 +6.9% 27 30 -10.0% 1,048 1,395 -24.9%
Grosse Pointe Areas* 58 67 -13.4% $357,500 $305,000 +17.2% 52 48 +8.3% 91 102 -10.8%
Hillsdale County 38 42 -9.5% $187,500 $126,500 +48.2% 67 74 -9.5% 93 91 +2.2%
Huron County 6 7 -14.3% $157,500 $70,000 +125.0% 57 46 +23.9% 32 24 +33.3%
Jackson County 153 174 -12.1% $166,350 $155,507 +7.0% 60 73 -17.8% 327 255 +28.2%
Lapeer County 67 80 -16.3% $221,000 $220,990 +0.0% 30 44 -31.8% 170 160 +6.3%
Lenawee County 91 100 -9.0% $178,500 $158,250 +12.8% 59 58 +1.7% 165 177 -6.8%
Livingston County 153 207 -26.1% $315,000 $305,900 +3.0% 35 38 -7.9% 212 281 -24.6%
Macomb County 914 957 -4.5% $200,000 $193,900 +3.1% 30 30 0.0% 923 1,060 -12.9%
Metro Detroit Area* 3,501 3,764 -7.0% $215,000 $205,000 +4.9% 32 35 -8.6% 5,206 5,907 -11.9%
Monroe County 103 118 -12.7% $215,000 $189,900 +13.2% 43 49 -12.2% 215 224 -4.0%
Montcalm County 56 61 -8.2% $193,000 $150,000 +28.7% 33 66 -50.0% 68 99 -31.3%
Oakland County 1,131 1,240 -8.8% $280,000 $265,000 +5.7% 33 36 -8.3% 1,407 1,895 -25.8%
Saginaw County 133 156 -14.7% $135,900 $133,950 +1.5% 36 39 -7.7% 200 168 +19.0%
Sanilac County 27 33 -18.2% $170,000 $133,000 +27.8% 76 100 -24.0% 69 73 -5.5%
Shiawassee County 60 56 +7.1% $187,500 $123,000 +52.4% 47 31 +51.6% 76 112 -32.1%
St. Clair County 129 166 -22.3% $200,000 $150,950 +32.5% 39 32 +21.9% 233 265 -12.1%
Tuscola County 31 23 +34.8% $165,000 $150,000 +10.0% 44 26 +69.2% 55 41 +34.1%
Washtenaw County 222 268 -17.2% $315,000 $287,850 +9.4% 39 40 -2.5% 532 750 -29.1%
Wayne County 1,303 1,360 -4.2% $165,000 $155,000 +6.5% 32 37 -13.5% 2,664 2,671 -0.3%
Listing and Sales Summary Report
* Included in county numbers.
Current as of February 7, 2022. All data from Realcomp II Ltd. This report is not to be reproduced or redistributed without Realcomp's express written consent. Data deemed reliable but not guaranteed. Report © 2022 ShowingTime.
Total Sales (Units) Median Sales Prices Average DOM On-Market Listings (Ending Inventory)
January – Local All MLS Numbers
Closed Sales decreased 9.6 percent for Residential homes and 2.3 percent for Condo homes. Pending Sales
decreased 9.3 percent for Residential homes and 6.1 percent for Condo homes. Inventory decreased 9.2 percent
for Residential homes and 36.6 percent for Condo homes.
The Median Sales Price increased 7.6 percent to $209,900 for Residential homes and 21.3 percent to $218,375
for Condo homes. Days on Market decreased 25.0 percent for Residential homes and 34.6 percent for Condo
homes. Months-Supply of Inventory decreased 9.1 percent for Residential homes and 42.1 percent for Condo
homes.
18 | Metropolitan REALTOR®
Hello Friends and Colleagues
YPN REPORT
By CLAUDIA HERNANDEZ
Spring is finally here, and we are excited as
a committee to get this rolling for the year. To
start us off, Fowling this month. We are thankful
event after event to have incredible sponsors
and a great turnout every time! It seems that the
market is also opening a bit with more excited
sellers putting houses on the market. It got a
little tricky during the winter with such low
inventory. I know a lot of us agents have been
waiting for more inventory.
What has been happening to me is explicitly
not listing a house because my sellers need to
find their next home first and secure it. But they
couldn’t find a place because the little inventory
was selling with excessive offers and way over
the listing price.
I am confident that this spring will bring a little
more inventory to stabilize a bit for a while.
YPN is already starting to plan our subsequent
events this year, so keep an eye out for updates
through GMAR, and thanks again to everyone
that made our Fowling night possible in March
5461- Logo Brochure Box w/
Stand
Choose from: KW, RE/MAX,
REO, & MAXBROOCK
REGULAR MEMBER PRICE:
$22.00
March Member Sale
Price: $13.00
6376- Leather Business Card
Case
Choose from: Black, Blue, Orange,
Red, or Tan
REGULAR MEMBER PRICE: $7.95
March Member Sale
Price: $4.50
3359- Homeowner’s Portfolio
Choose from: Blue, Black, Burgundy or
Red
REGULAR MEMBER PRICE: $20.00
March Member Sale Price:
$16.95
Metropolitan REALTOR® | 19
March 10th | 9:00am – 12:00pm 1 Legal | 2 Standard|
March 14, 15 & 16, 2022
9:00 a.m. - 1:00 p.m.
VIRTUAL
Links will be sent after registration
MemberMax/EduPass: FREE!
GMAR Members: $195.00
Non-Members: $225.00
Call (248) 478-1700
Online at GMARonline.com
Presented by:
RICK CONLEY
SRES, ePR O, ABR, GREEN,
SFR, GRI, SRS
Presid ent, Real Est at e Ed ucat ion Svcs.
20 14 REB A C Hal l of Fa me Ind ucte e
*Annual Designation Dues $99.00
13 Elective/ 2 Legal CE credits
Meets NAR Code of Ethics
requirement of 2.5 hours
OFFICIALLY CERTIFIED BY
3
March 177
th
9am-12pm
3 General Con-ed
March 25th | 10:00am – 1:00pm | 3 Standard
March 29
th
| 10:00am – 12:00pm | 2 Legal | 3 Standard
March 23 & 24, 2022
8:45 a.m. Registration
9:00 a.m. – 4:00 p.m
24725 W.12 Mile Rd. Suite 100, Southfield
MemberMax/EduPass: FREE!
GMAR Members: $125.00
Non-Members: $200.00
Call (248) 478-1700
Online at GMARonline.com
Presented by:
BART PATTERSON
ABR, ACP, CIAS, CRS, CDPE,
GREEN, e-PRO, GRI SRES,
REO. RENE, PSA, MCNE
15 Elecve CE credits
GMAR reserves the right to assess a $10 fee for any
registrant who does not cancel at least 24 hours prior
or to those who do not aend the event.
* REBAC membership dues $98.50 yearly
March 28, 2022 10:00 a.m. - 11:00 a.m.
VIRTUAL
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Call or text: (248) 478-1700
www.GMARonline.com
Fax to (248) 478-3150
Darren Montreuil
Darren is a Business Develop-
ment Specialist for MSHDA’s
Homeownership Division. He
provides homeownership program
information, technical assistance,
and educational seminars to our
customers in the SE Michigan
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Name:_________________________________________ License #: ______________________
Office:_________________________________________ Phone: _________________________
Email: ________________________________________
Visa MasterCard Discover American Express:
______________________________________________________________ CID: __________
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Signature___________________________________________________
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In order to help more buyers, and help you sell
more homes, MSHDA enhanced our Down
Payment Assistance (DPA) program by increasing
the asset limitation. This will help even more buyers purchase the home of their
dreams.
For more information visit: http://michigan.gov/mshda
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The MCC program is another tool to spur the sale of homes and enhance
homeownership in the State of Michigan. MCC’s operate as a f
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to assist low to moderate income homebuyers.
Homebuyers taking advantage of the MCC Program may qualify for 20% of their
annual mortgage interest paid to be credited against their year-end tax liability.
This is not a one-time tax credit, but continues each year until the original
mortgage is paid in full. Borrowers must intend to occupy the property as their
primary residence, and sales price/income limits apply.
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Contact Darren Montreuil by email @ MontreuilD@Michigan.gov
