April being from Michigan I can tell you this you have to be priced Below the market to get your home sold. We have sold many of our sellers homes this year but only the ones that listen. If they can not come down to meet the market we can not help them. You did not mention when you bought so here's a little history.
Michigan was in a heavy sellers market from 95 - 01 which drove the prices way up. Then we switched to a buyers market in June of 01 where prices started to level off and go up a little a year. But in 04-05 we started to see the market go down and since then it has been coming down fast. The bank owned homes and short sale have ruined the values. Now we do not service Westland but work Macomb County, so it's probably the same.
By what we are seeing out there we would say we are feeling the signs of the market leveling off again. But the changes made this week on Wall Street will either help or hurt it. So turn around is a crystal ball question.... more