What To Expect from the Grand Rapids Market in 2016

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation 
Call me at (616) 447-7025 for a FREE home buying or selling consultation.

It's crazy to think that 2015 is almost over, but we have to start looking ahead to 2016. What can we expect from the real estate market? Will it be a better market for buyers or sellers?

According to Trulia's research department, the Grand Rapids real estate market will be the #1 market to keep an eye on in 2016. Why is this? There were five metrics that contributed to this. They were: strong job growth, low vacancy rates, high affordability, more inbound searches than outbound searches, and a large share of millennials.

Grand Rapids is very affordable, and we have seen a lot of job growth, so that's why 2016 could be a very exciting year for Grand Rapids real estate.

If you've been thinking about buying a home, I would recommend that you start the process soon. Interest rates aren't going to get any lower, and there's no reason to spend more money than you need to just because you didn't act soon enough.


Please don't hesitate to contact me with any questions or concerns you may have. I look forward to speaking with you!