Compare Listings

Mortgage Rates are Rising… Will Home Prices Follow?

Mortgage Rates are Rising… Will Home Prices Follow?

Freddie Mac published an Insight Report titled “Nowhere to go but up? How increasing mortgage rates could affect housing.” The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will cause a slowdown in purchases which would, […]

The Real Reason Grand Rapids Home Prices Are Increasing

There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue),to those who are concerned that prices are again approaching boom peaks because of“irrational exuberance” (this is also untrue as prices are not at […]

5 Reasons You Should For Sale By Owner

5 Reasons You Should For Sale By Owner

In today’s market, with home prices rising and a lack of inventory, some West Michigan homeowners may consider trying to sell their home on their own, known in the industry as a For Sale By Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. […]

West Michigan Home Prices Over The Last Year

Every quarter, the Federal Housing Finance Agency (FHFA) reports on the year-over-year changes in home prices. Below, you will see that prices are up year-over-year in every region. Year-over-Year Price Regionally Looking at the breakdown by state, you can see that each state is appreciating at a different rate. This is important to know if […]