Blog
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Downtown Ann Arbor Condo Market: Q3 2025 Review
Published 2 days agoThe vibrant heart of Ann Arbor is its downtown, and the condo market here has a rhythm all its own. As we look back on the third quarter of 2025, the data paints a clear picture of a dynamic and desirable market. For nearly 40 years, The Bouma Group has kept its finger on the… read more
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Ann Arbor Condo Market: Q3 2025 Recap and Sales
Published 2 weeks agoAnn Arbor’s Q3 2025 Condo Market Recap Welcome to our third-quarter report on the Ann Arbor condo market! The months of July, August, and September have revealed an active landscape for condo living in our city. This quarter highlighted the incredible variety available, from efficient and affordable units perfect for first-time buyers to stunning luxury… read more
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New Ann Arbor Condo? The Challenge of a Quick Resale
Published 4 weeks agoSelling a New Condo in Ann Arbor? How to Compete & Win That feeling of stepping into a brand-new condo is unbeatable. Everything is fresh, modern, and perfectly yours. In a vibrant city like Ann Arbor, new construction communities offer the latest amenities and a low-maintenance lifestyle that’s hard to resist. But what happens if… read more
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Mortgage Rates Just Saw Their Biggest Drop in a Year
Published 1 month agoYou’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way. On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest one-day decline in over a year. What Sparked the… read more
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Condos Could Be a Win for Today’s Buyers
Published 2 months agoCondos Could Be a Win for Today’s Buyers Not every homebuyer wants the biggest house on the block. Some want something simpler, more affordable, and easier to maintain, especially in a market where every dollar counts. That’s where condos come in. For first-time buyers, they can be a smart way to get into homeownership without… read more
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What Is Pop-Up Tax? A Guide for Homebuyers in Ann Arbor
Published 2 months agoA Buyer’s Guide to Pop-up Tax When buying a home or condo in Ann Arbor, there’s a term that often catches homebuyers, particularly first-time buyers, off guard: the pop-up tax. This little-known factor can have a significant impact on your property tax bill after closing. But what is it, exactly, and how does it work?… read more
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Downtown Ann Arbor Condo Market Update – Q2 2025
Published 3 months agoSecond Quarter Stats for Downtown Condos The second quarter of 2025 has brought noteworthy changes to the downtown Ann Arbor condo market, presenting both opportunities and challenges for buyers and sellers. With a sharp 90% increase in inventory, longer average Days on Market (DOM), and exciting new developments in the Kerrytown area, the market is… read more
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Mastering the Ann Arbor Condo Market: Seller Strategies for 2025
Published 3 months agoAnn Arbor Condo Seller Strategies to Use Now The Ann Arbor condo market, once a hotbed of activity, has entered a phase of transformation. Sellers are navigating a more nuanced landscape shaped by changing buyer behavior, economic pressures, and evolving priorities. If you’re looking to sell your condo in 2025, understanding these challenges—and knowing how… read more
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The Top 5 Things That Could Make or Break Your Offer This Summer
Published 4 months agoSummer is one of the busiest times of year for the real estate market—and for good reason! The weather is ideal, school’s out, and buyers are eager to settle into a new place before fall. But with so many people actively searching, it’s important to make sure your offer stands out in a competitive crowd…. read more
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Why Ann Arbor Condos Are Experiencing Price Reductions this Spring
Published 4 months agoPrice Reductions for Ann Arbor Condos If you’re following the Ann Arbor housing market, you’ve likely noticed a curious trend this Spring—price reductions on condos are becoming more common. For homebuyers and sellers alike, this shift raises a lot of questions. Why are prices being lowered? What does it say about the market? And most… read more