Detroiter Cidney Allen’s dream home is somewhat modest.
“It’s just something that has at least three bedrooms, two bathrooms, a basement, an upstairs, and hopefully a garage and a big backyard,” says Allen.
“I’ve been doing this for 42 years and I’ve never seen a market like this before.” —Karen Kage, CEO of Realcomp
You’d think that wouldn’t be too hard to find on the east side of Detroit or nearby suburbs where Allen is looking. “But with this market, it’s like looking for a unicorn,” says Allen.
After house hunting for three months she’s made multiple offers, but none of them have resulted in her buying a home.
“It’s been frustrating, especially with the way the market is going right now because it’s so crazy,” says Allen. “There’ll be houses that are…