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.

We remain in a Sellers’ Market. What Does That Mean?
We’re in a Sellers’ Market. What Does That Mean? Even though activity in the housing market has cooled down a little from the crazy frenzy we saw over a year ago, today’s low supply of homes for sale means we are still in a sellers’ market. But what does that
Byron Center Schools: 3.21 Acres  4 BDs 2+ Baths 3+ Garage Stalls + Outbuilding!
Byron Center Schools, 3.21 acres, 4 bedrooms, 2+ baths, 3+ garage stalls + outbuilding, new flooring (March 2023) in living room, kitchen and hallways, and new roof (2021)! WOW! You will LOVE this setting! Experience this tremendous, wooded lot while being close to all the great amenities within a short
By the numbers: Price appreciation since 1991
Home price appreciation since 1991 across the US: Michigan has certainly done well! 229.3% appreciate since 1991. Who do you know that purchased 20, 30, 40 years ago and now needs a new floor plan? Things change and the equity that has built up in the home could help fund
Could a Multigenerational Home Be the Right Fit for You?
  Could a Multigenerational Home Be the Right Fit for You? During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President
Market YTD Sold Price UP 11.81% over last year.
The Feb 2023 stats are in and in that report is both the month over month comparison and the year-to-date numbers. Here is a quick summary: The number of homes for sale (inventory) is down 14% year-to-date 2023 vs 2022. The median number of days it takes to sell a

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