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Looking to the Future: What the Experts Are Saying

Looking to the Future: What the Experts Are Saying

Looking to the Future: What the Experts Are Saying | Simplifying The Market

As our lives, our businesses, and the world we live in change day by day, we’re all left wondering how long this will last. How long will we feel the effects of the coronavirus? How deep will the impact go? The human toll may forever change families, but the economic impact will rebound with a cycle of downturn followed by economic expansion like we’ve seen play out in the U.S. economy many times over.

Here’s a look at what leading experts and current research indicate about the economic impact we’ll likely see as a result of the coronavirus. It starts with a forecast of U.S. Gross Domestic Product (GDP).

According to Investopedia:

“Gross Domestic Product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of the country’s economic health.”

When looking at GDP (the measure of our country’s economic health), a survey of three leading financial institutions shows a projected sharp decline followed by a steep rebound in the second half of this year:A recent study from John Burns Consulting also notes that past pandemics have also created V-Shaped Economic Recoveries like the ones noted above, and they had minimal impact on housing prices. This certainly gives hope and optimism for what is to come as the crisis passes.

With this historical analysis in mind, many business owners are also optimistic for a bright economic return. A recent PricewaterhouseCoopers survey shows this confidence, noting 66% of surveyed business owners feel their companies will return to normal business rhythms within a month of the pandemic passing, and 90% feel they should be back to normal operation 1 to 3 months after:From expert financial institutions to business leaders across the country, we can clearly see that the anticipation of a quick return to normal once the current crisis subsides is not too far away. In essence, this won’t last forever, and we will get back to growth-mode. We’ve got this.

Bottom Line

Lives and businesses are being impacted by the coronavirus, but experts do see a light at the end of the tunnel. As the economy slows down due to the health crisis, we can take guidance and advice from experts that this too will pass.


Source: Michigan Real Estate Updates

East Grand Rapids Tudor For Sale 5 Bedrooms 4++ Baths 3 stall

East Grand Rapids at its finest. This timeless Tudor presents the pinnacle of custom quality, beauty and craftsmanship. Rare custom features such as the slate roof, solid walnut doors and the hand-cut herringbone end-cut block floor showcase the attention to detail throughout this incredible floor plan. Updated with inviting warm colors that showcase the plaster relief ceilings and highlight special details such as the hand carved stone fireplace, cast cornices, and crown moulding.  Modern luxuries can be found throughout the home.  The master suite features a spacious walk-in master closet, heated tile floors, custom tile shower and jet tub. The well-appointed kitchen lets the light shine with ample cabinets and pull out drawers finished in warm satin white, tile floor with complementing granite countertops, double ovens, cook top, Sub-Zero refrigerator, pantry and additional storage spaces.  The 3 stall garage features epoxy floor and finished walls maximizing the space for best use and organization. True Tudor touches define every inch such as the Four-centred archways and cantilevered second story, exquisite details in the brick and stone, copper gutters, slate patio and decorative garden parapet.  Notice the upper level diamond brick pattern and the complementing diamond window mullions, positioned perfectly to soak in the rising sun.  The half acre lot offers the perfect mix of sun and shade, with outdoor sitting areas offering a relaxing and private backyard experience. Impeccably maintained this home offers the smooth transition of ownership you desire.  

7486 Alaska Ridge – Private Thornapple River – Forest Hills Schools

Forest Hill Schools – Private Thornapple River frontage. This gorgeous Town & Country cedar home is surrounded by the natural beauty of hardwoods. Located on the open 6 mile stretch of the Thornapple River (all sports.) This home offers the best of rustic-lux. With soaring vaulted plank ceilings, stone fireplace, majestic views out every window, and quality finishes throughout every inch breathes the essence of home. The main floor master with luxuriously appointed on-suite, the additional bedrooms, finished garage loft space, and walk-out lower level each offer custom touches combining form, function and fun. Experience the peace of this location while appreciating its easy proximity to everyday amenities such as shopping, dining, entertainment, and more.

3888 Goodwood Dr Se, Thornapple River Forest Hills Schools

140 Ft of private Thornapple River frontage. Nestled in the cove this 4 bedroom 3.5 bath home gives you all the enjoyment of being on the wide open stretch of the Thornapple River ranked top in the area for water sports, yet the location provide tranquility not found anywhere else on the river. With quality fit and finish throughout this masterfully crafted walkout ranch provides vaulted cathedral ceiling featuring beautiful wood beams, parquet floor, solid wood cabinetry, over 700sqft of Trex composite decking, 2 fireplaces, 2 docks, gorgeous river views, multi-zone heating and cooling, updated mechanicals, gorgeous landscaping, main floor master, main floor laundry, a brilliant floor plan with large spacious rooms, ample storage space, 2 wet bars, attached 3 stall garage and more. 

The KonMari Method: Helping You Prep Your House For Sale

 

The KonMari Method: Helping You Prep Your House For Sale

The KonMari Method: Helping You Prep Your House For Sale | Simplifying The Market

One of the biggest challenges sellers face when listing their house is decluttering. Cleaning out some of the more personal decorating choices allows buyers to imagine themselves living in the house.

Those planning to sell soon are in luck! Marie Kondo, the inventor of the KonMari Method of Tidying Up, has gained popularity with her Netflix series. She gives some great tips for sorting through years of accumulated possessions that we all collect in our homes.

“The KonMari Method™ encourages tidying by category – not by location – beginning with clothes, then moving on to books, papers, komono (miscellaneous items), and, finally, sentimental items. Keep only those things that speak to the heart, and discard items that no longer spark joy. Thank them for their service – then let them go.”

When you subjectively look at all of your belongings, you can sort through the ones that mean the most to you. Not only will you increase space for more joy-bringing items in your new home, but you will also have a much easier time packing remaining belongings!

“Remember, tidying up isn’t about getting rid of stuff. It is about creating an environment that sparks joy and improves your quality of life.”

When selling your house, first impressions matter! Before you or your agent schedule a photographer to take photos for your listing, make sure to tour your home with fresh eyes. Look for any imperfections that a buyer might notice.

When you sort through your more sentimental items, consider packing them away to ensure that you know where they all are. That way, they are safe during open houses and showing appointments. This will also cut down on the amount of packing you need to do right before you move!

Bottom Line

Whether you are selling your house to move up to a larger one, downsizing, or moving in with family, only bring the items that truly spark joy for you. This will not only help cut down on the items you move, but also ensures that you’re off to a great start in your new home!

Source: Michigan Real Estate Updates

 

Prime Development 15 Multi-Acre Sites – 1-15 Woodland Creek Trail

Prime Development Opportunity with 15 lots, road, and more. This 40+ acre site condo community has been approved under the name of Wood Creek Farms Condominiums and features 15 multi-acre sites. Several of the sites are wooded with water frontage. Each site offers large building envelopes, well designed open space and each site perks! With Woodland Creek bordering the East and Little Thornapple River bordering the North, this development offers amazing opportunity to create a landscape future home owners will love. NOTE: The site has been well prepped including: underground drainage is completed along with underground electrical and landline phone installed to every lot, the first layers of road have been laid, initial well has been dug, and perk tests performed.

 

 

Excellent Waterfront Opportunity: Thornapple River Waterfront Forest Hills Schools

This is a rare opportunity offering an incredible location with sought-after Thornapple River frontage on “the pond” in Forest Hills School. With “great bones”, spacious room sizes and fabulous floor plan, this home offers the perfect opportunity to renovate the space into the home you have always dreamed of.

140 Ft of private Thornapple River frontage. Nestled in the cove this 4 bedroom 3.5 bath home gives you all the enjoyment of being on the wide open stretch of the Thornapple River ranked top in the area for water sports, yet the location provide tranquility not found anywhere else on the river. With quality fit and finish throughout this masterfully crafted walkout ranch provides vaulted cathedral ceiling featuring beautiful wood beams, parquet floor, solid wood cabinetry, over 700sqft of Trex composite decking, 2 fireplaces, 2 docks, gorgeous river views, multi-zone heating and cooling, updated mechanicals, gorgeous landscaping, main floor master, main floor laundry, a brilliant floor plan with large spacious rooms, ample storage space, 2 wet bars, attached 3 stall garage and more. 

Private Waterfront For Sale 80 Acres – Hunt Fish 3 BD 3 BA HUGE Pole Barn

1062 80th Avenue, Evart, MI 49631

1062 80th Avenue, Evart, MI 49631

Incredible – 80 acres of amazing land with a large private lake, stunning completely renovated 3 bedroom 3 bath home with 2680 finished sqft, several out buildings, large pole barn with heated and insulated areas, separate well and more, near the home is also a nice shed – the perfect distance from the house for projects. All around the land are groomed trails, a running stream, established hunting sites, wonderful fishing, a place to get away from it all. The ”front yard” features an open field setting with several small stand alone cabins. This property is a one-of-a-kind, just far enough away to enjoy the quite, yet close enough to town to have natural gas heat and easy trips to the store for whatever you need. Shown by appointment only.

Forest Hills Luxury Watermark Residence

1860 WATERMARK Drive SE, Grand Rapids, MI 49546
1860 Watermark

This stunning walkout ranch, masterfully crafted by West Michigan Award Winning builder BDR, boasts custom quality throughout. The gated community of Watermark offers the superb blend of privacy and convenience. The impressive exterior features gorgeous landscape and cascading water features, with the beautiful backdrop of the private pond and meticulously landscaped 6th green; providing stunning views all year long. Step inside to appreciate the sense of quality and grace that captures the essence of home. With main floor master suite, main floor laundry, 4 fireplaces, 4 bedrooms 3.5 baths, office, craft room, den, wet bar, screened-in porch, open patio and more -this home offers the perfect layout for everyday enjoyment and artful entertaining.

1860 WATERMARK Drive SE, Grand Rapids, MI 49546