First Quarter Real Estate Sales Weakened in Central Michigan

Central Michigan real estate agents suffered through the worst first quarter of the century so far, with home sales in the Gratiot-Isabella region 15 percent below the five-year average.

January started out a little above average, but the pace of home sales began to weaken in February, according to figures released by the Michigan Association of Realtors trade group. Then in March, things just went into the dumper.

Members of the Central Michigan Association of Realtors, which represents Realtors who work mainly in Gratiot and Isabella counties, handled just 45 home sales in March. The five-year average is 65.

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