For those who enjoy looking at market charts below are the charts for the six markets
that I track plus Brighton. Most of the stats used on the charts below are self-explanatory;
however, Altos Research has also developed a proprietary index, The Market Action
Index™ that gives you an at-a-glance answer to the question, "How's the market?"
The higher the Index goes, the hotter the market. Like a thermometer, the measurable
scales goes from zero to over 100. We set a threshold at an index value at 30 above
which demand is high enough to call a "Seller's Market" and below which is a "Buyer's
Market."
The Milford Market - Includes the Village and Township
The Highland Township Market
The Commerce Township Market - excludes Wixom, Walled Lake and Wolverine Lake
The Lyon Twp and South Lyon Market, includes New Hudson
The West Bloomfield Market
The Brighton Market - includes the City and Township