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                                        East Grand Rapids Michigan Market Report

 A GREAT TIME TO BUY IN East Grand Rapids, MI           Reeds Lake East Grand Rapids MI

 

 

  • In the chart below, the sales activity has remained constant and cost per square foot has stayed steady for the last few years in East Grand Rapids homes. 
  • Even with this good news,  the downside is inventory.
  • Currently we have 127 homes for sale. 
  • We have enough inventory to last 6 months if no one else decides to list their home and put it on the market. 

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 For the consumer, this means: Buyers are in the driver's seat. Hardly a news flash, but if you have been considering a move to East Grand Rapids and thought you couldn't afford it, think again. Even if you can't get as much out of your home as you would like to, the good news is that a move to East Grand Rapids Michigan will cost you almost the same as it would have 3 years ago.

Historically, we know this current trend will not last.  Home prices will rise and hopefully, you won't have missed your opportunity to live in this wonderful community at a competitive price.  No one knows when this market will hit bottom and start the climb up. 

 Ideally, you want to catch it going down, NOT UP!  Don't Wait!

Sales activity for East Grand Rapids Michigan 2004 to 2007 Year to Date

EGR Market report

 If you are considering a move to East Grand Rapids, Michigan, I would be happy to answer any questions about the area or set up an appointment to show you East Grand Rapids homes. Contact Me  

 Grand Rapids Real Estate is my Real Job ~ Terry Westbrook

Reeds Lake Photo by Terry Westbrook

  Search for Homes                                                                       Featured Homes

 

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The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in

West Michigan.  We believe: Grand Rapids is a Great Place to Live!

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Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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Terry+Bonnie Westbrook Westbrook Realty Grand Rapids Forest Hills MI Real Estate

Grand Rapids, MI

More about me…

Westbrook Realty Broker-Owner

Address: 5673 Far Hill Drive SE, Grand Rapids, MI, 49546

Office Phone: (888) 240-1968 x 0

Cell Phone: (616) 292-7263

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