The inventory of existing homes for sale has dropped below two months in the Grand Rapids Metro Area. To put that in perspective, a balanced market is considered to have six months of inventory.
Low inventory, rising prices, historically low interest rates and renewed buyer interest with the arrival of spring is creating a near perfect Sellers’ Market.
Bottom Line: If you’ve been thinking of selling your home, get it on the market now! If your home has been on the market and is not selling, adjust your pricing to bring it in line with the competition.
If you have questions or need help drop us a note or give us a call: 616-451-8989