What Does Our Inventory Tell Us About the Market?

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Lately, I’ve been getting a lot of questions about our housing inventory and what it means. I wanted to talk to you about why the number of homes that are on the market is so important.

Housing inventory is a measure of the number of homes currently on the market. A good level of inventory is at least six months' worth of homes on the market at one time. The number of homes on the market does have a significant impact on your home’s value.

"With such a small supply, we have buyers stacking up."

With such a small supply, we have buyers stacking up who are all waiting for homes to be listed on the market. When we have a situation like this, it often can lead to multiple offers and offers above asking price.

If you have any questions, give us a call or send us an email. We would love to hear from you.

How to Find Your Dream Home in Grand Rapids

Selling your Grand Rapids home? Get a free home value report

Buying a Grand Rapids home? Search all homes for sale

The Grand Rapids market is awesome, but it’s not as hot as many people would think. Right now, you can list your house for sale. You can have an extended close or possession period. That gives you enough time to look for and purchase a new home to move in.

There’s not a ton of available inventory in our marketplace. However, if you plan ahead with extended timeframes, we assure you can find your dream home.

Who do you know that’s thinking about selling a house? We have a high demand in surrounding neighborhoods. As a local professional, I have several pre-approved buyers looking for a home of their home as well.

"Let’s plan ahead."

With that in mind, when you need to sell your home, you’ll need to buy one, too. Let’s plan ahead.

Additionally, my clients earn the most profit when their property is clean and organized. Before listing your home on the market, be sure it’s in pristine condition! Don’t miss out on top dollar.

If you have any questions about this topic, reach me by phone or email. I’d be happy to answer any questions you might have!

What Happens After Your Grand Rapids Home Sells?

Selling your Grand Rapids home? Get a free home value report

Buying a Grand Rapids home? Search all homes for sale

As we enter May, it’s an exciting time in the Grand Rapids real estate market. Homes are selling very quickly.

Since houses are selling quickly, I like to get together with sellers and have a planning session with you to sit down and talk about your goals. What time of year are you looking to move? Where are you looking to move to?

Many people are starting by focusing on selling the home fast and selling for top dollar, but they’re not planning things like where they want to move.

I’ll get together with you and we’ll plan everything out and decide on important timelines.

Additionally when selling, it’s very important to have your house staged appropriately. I’ll visit your home and provide tips on placing furniture, cleaning the garage, or painting a wall or two.

We’ll also send out a professional photographer for amazing, high-quality photos of your home.

Then we talk about what your objectives are when pricing a home. Lately we’ve found that we’re getting multiple offers on homes. If we price on the low end, we can get multiple offers, and if we price on the high end, we might get an offer that’s above what you were even dreaming of. Both options can be very attractive.

I’d love to get together with you. Give me a call or send me an email, I’d love to work with you.