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  • The Latest News From Our West Michigan Market

    Thursday, March 11, 2021   /   by Kevin Irwin

    The Latest News From Our West Michigan Market

    Here’s the scoop on our West Michigan market as we push into spring.

    By now you’ve probably heard a lot of buzz about the West Michigan real estate market. We Realtors have few other words to describe it besides ‘crazy.’ What does our red-hot market really mean for buyers and sellers, though? Today I’ll be diving deeper into some statistics to give you a clearer picture. Inventory is insanely low at the moment, so buying a home is a challenge. That said, I want to share some data that proves home prices are right where they should be, historically speaking. 

    Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to skip to topics that interest you most: 

    1:10 — Explaining the multiple-offer madness through the lens of my own recent home sale 

    3:12 — When the Cedar Springs market ignites, you know things have gotten wild 

    4:52 — Interest rates are still hovering around historic lows, but they won’t be with us for long

    5:36 — While current prices in West Michigan are not as bad as you might think 

    6:35 — What our market really needs right now: new listings 

    7:15 — Teasing an upcoming video about the ROI of my home renovations 

    As always, feel free to reach out by phone or email if you have questions about this or any other real estate topic. I’m happy to be a resource for you and assist with whatever buying, selling, or investing needs you may have. The Freedom Home Group team and I pride ourselves on giving folks the honest truth about market trends so they can make the best decisions for themselves and their families.