Despite cold temps the market continues to move. The market is moving faster in the lower price ranges, but ALL of the market continues to have activity. Even though the normal seasonal slow down is present, the market is still moving fast. For much of the West Michigan Real Estate
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.
![Homeowners Are Still Winning [INFOGRAPHIC]](https://johnricerealtor.com/wp-content/uploads/2018/11/20181130-Share-STM-1.jpg "Homeowners Are Still Winning [INFOGRAPHIC]")
Homeowners are still winning! Home Equity rises 6.34% Across the Country! [INFOGRAPHIC] Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, waiting to move may end up costing you
Homeowner Equity Rising Across the Nation Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red flags and are suggesting
Are Homeowners Renovating to Sell or to Stay? Over the past few years, two trends have emerged in the housing market: Home renovations have shot up Inventory of homes available for sale on the market has dropped A ‘normal’ housing market is defined by having a 6-month supply of
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