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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 Good Reasons to Sell your Grand Rapids Home this Summer

5 Good Reasons to Sell your Grand Rapids Home this Summer

Here are five reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the […]

5 Reasons Homeownership Makes ‘Cents’

5 Reasons Homeownership Makes ‘Cents’

The American Dream of homeownership is alive and well. Recent reports show that the U.S.homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there are many basic similarities. Today we want to talk about the top 5 financial reasons you […]

Buying Is Now 30%+ Cheaper Than Renting In Grand Rapids Michigan

Apartment Living vs Owning The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actually show that the range is an average of 3.5% less expensive in […]

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 […]