Metropolitan Statistical Area (MSA):
Hillsdale, MI is a Metropolitan Statistical Area (MSA) comprising counties including Hillsdale County.
There is no doubt that the Hillsdale, MI metropolitan statistical area (MSA) has seen some major changes in the real estate market over the past few years. The most notable trend has been the decrease in home prices, which has made it a buyer's market in many parts of the MSA. This is good news for those looking to purchase a home in the near future, as there are plenty of deals to be had. Another trend that has been occurring is an increase in foreclosures and short sales. This is due to the fact that many people are struggling to keep up with their mortgage payments, and are forced to sell their homes for less than what they owe. Although this can be a difficult situation for those involved, it does provide an opportunity for buyers to get a great deal on a property.