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Grand Rapids Real Estate Analysis

By
Real Estate Agent with Realty Executives Platinum Group

This is the crossroads right now.  In the Grand Rapids Real Estate Market you have 10,202 sellers trying to sell Homes and Condo's on the Grand Rapids Association of Realtors.  If we take the 6 most recent months from June 1st, 2007 to December 31st, 2007 the properties that sold totaled 6092 homes. Divide that number by 6 months equals 1015 homes on average that have been selling.  That means there is aproximately 10 months of homes for sale in Grand Rapids. You have to understand the Grand Rapids Association of Realtors covers parts of 6 counties in Michigan with a large concentration of homes for sale in Kent County, MI So with that said my analysis is that right now we have a strong buyers market for homes in Grand Rapids.  Any opinions on my thoughts?  Search for your new Grand Rapids Home at http://www.realestateingrandrapids.com/ and find your next deal!!

 

Buyers and sellers in grand Rapids, MI Real Estate Market !

Comments (2)

Linda Patterson
Nationwide Investments - Los Angeles, CA
Great Blog.  Keep up the good work
Jan 29, 2008 01:18 PM
Ethan Dozeman
Realty Executives Platinum Group - Grand Rapids, MI
Real Estate in Grand Rapids
Thanks Linda welcome to ActiveRain!!
Jan 29, 2008 01:45 PM