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Friday, May 9, 2014

Real Estate Market Update for Grand Rapids in Spring 2014




If you're a prospective buyer in the Grand Rapids area and are in search of your essential home, Search all homes on the MLS, or if you're wanting to place your home on the market, don't hesitate to obtain a Free home price estimation tool. If you have any questions, or desire any preliminary information about the Grand Rapids real estate market, feel free to contact me at (616) 532-7200.


Real Estate Market Update for Grand Rapids in Spring 2014


Today I wanted to give you a market update for what's happening in real estate in the Grand Rapids area. My goal is to educate and inform you so that you can make more informed decisions when it comes to real estate.

  • Home prices have gone up by 10% in some parts of Grand Rapids.
  • We are in a seller's market: We have many more buyers than we have homes for sale. If you're a seller this means that you will be able to sell your home for much more money.
    • As an example, my friend called and needed to sell her home out by Woodland Mall. She had told me that she wanted at least $120,000 dollars for it. I went in and inspected the property and then told her that she could actually sell it for $140,000 with the current market conditions.
      • We then listed her property at $140K and within 2 weeks we had a qualified buyer that was very near her asking price.

When I sold this home I had to make sure that it was priced accurately, staged correctly, and marketed well. I went in and told this client to make sure that it was decluttered and ready for a showing.

After it was market ready we brought in our professional photographer and listed it. The rest is history because it pretty much sold itself.

So, if you're in the Grand Rapids area and are considering selling, you should speak with me. You can get much more out of your home than you think if it is staged well and priced accurately. My pricing strategy will ensure you a good sale for top dollar.

Please contact me via phone or email if you have any further inquiries. I would be happy to help you sell your Grand Rapids property.