Great Lakes Chapter Broker Panel December 2026

Great Lakes Chapter Broker Panel December 2026

Detroit Area Real Estate Market: Broker Panel Sheraton Novi | 3 CE hours

Course Description

How are buyers, sellers, investors, and tenants behaving in today's Detroit-area market? In this three-hour panel, experienced local brokers from the residential and commercial sectors share what they see on the ground. Topics include recent deal activity, pricing trends, and the factors driving demand for single-family, multifamily, office, industrial, and retail properties.

Panelists will discuss how interest rates, lending conditions, and economic shifts are shaping transactions in Detroit and the surrounding communities. Appraisers will gain timely market insight to support their analysis, from market conditions and marketing times to the motivations behind recent sales. The session closes with open Q&A with active market participants.

Learning Objectives

By the end of this program, participants will be able to:

1. Identify current supply, demand, and pricing trends in the Detroit-area residential and commercial markets.

2. Describe how interest rates, lending conditions, and economic factors are affecting buyer, seller, investor, and tenant behavior.

3. Recognize which submarkets and property types are seeing growth, stability, or decline.

4. Explain typical marketing times, concessions, and deal terms in recent residential and commercial transactions.

5. Compare market dynamics between the residential and commercial sectors.

6. Apply broker insights to support market conditions analysis and adjustments in appraisal assignments.

7. Evaluate the outlook for the Detroit-area market over the next 12 to 24 months

Keynote speaker

Dawn Crandall, EVP of Government Relations, Home Builders Association of Michigan

Residential Brokers:

Dan DeYonker, The Agency Realty Group

Rebecca Sokol, DOBI Real Estate

Milton Duerod, Motion Realty 

Commercial Brokers:

Randall Book, Colliers

Max Nathan, IPO