2012 grand rapids housing: Magnolia Sprinkles...Springtime Brings Increased Activity to the West Michigan Housing Market - 03/27/12 01:01 AM

Spring has arrived early in West Michigan in more ways than one.  The Grand Rapids Association of REALTORS® released its' February 2012 Statistical Report which indicates that based on PENDING SALES, there is only 4.5 months of Housing Inventory available.  
Well, here's a Short Primer about Inventory Levels and how the Supply & Demand Curve impact your position as a Home Seller or Buyer.
 
BALANCED MARKET
A Balanced Real Estate Market (aka as a Transitional Market) refers to a market which has approximately 5-7 months of home inventory supply available.  You will often hear agents reference 6 months … (12 comments)

 
Lola Audu, Audu Real Estate~Grand Rapids, MI ~Welcome Home! (Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate)

Lola Audu

Audu Real Estate~Grand Rapids, MI ~Welcome Home!

Grand Rapids, MI

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Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate

Address: 3659 Alpine NW, Suite 102, Grand Rapids, MI, 49321

Office: (616) 791-0511

Fax: (616) 791-0535

Grand Rapids, Michigan real estate information including houses for sale, rent and home buyer/seller tips. Also includes wisdom and insights from Lola Audu, CRS Associate Broker.

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