Why the Median Home Price Is Meaningless in Today’s Market The National Association of Realtors (NAR) will released its latest Existing Home Sales (EHS) report last week. This monthly report provides information on the sales volume and price trend for previously owned homes. The report shows that overall home prices
Michigan Real Estate News
Welcome to Michigan Real Estate News brought you by John Rice REALTOR Berkshire Hathaway HomeServices Michigan Real Estate for the Greater Grand Rapids and West Michigan Areas. Here you will find articles, data, videos and more relating to the local real estate market trends and the impact of national trends on our region.
![Homeownership Helps Protect You from Inflation [INFOGRAPHIC]](https://johnricerealtor.com/wp-content/uploads/2023/06/Homeownership-Helps-Protect-You-From-Inflation-KCM-Share-1.png "Homeownership Helps Protect You from Inflation [INFOGRAPHIC]")
Homeownership Helps Protect You from Inflation [INFOGRAPHIC] Some Highlights Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady. Rents typically increase with inflation. Maybe that’s
Overall the market is continuing to trend UP! Median sales price is UP 8+% over that of last year. That coupled with lower inventory is keeping this market in favor of sellers. However there are areas that are seeing more inventory – meaning more choices for buyers and more competition
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