Gary White FlexIt Realty~Real Estate & Updates, Grand Rapids & West Michigan

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Housing Price Fall Again, Great Time to Buy and Sell in Grand Rapids Real Estate!

Is it any wonder people are worried about the economy.  The only thing happening is bonus money being handed out instead of securing the housing market.  Home values are still dropping in many parts of the country.  Michigan is included in the dropping home values.  

Bloomberg along with other reported today the housing index fell again in the top 20 markets.  Nobody had to tell homeowners their homes are not worth what they were 3 years ago.  The slide in home values started in 2008 we are just entering 2012 and many homeowners are wondering when this will end.

Economist and investors don't have a crystal ball, yet they can look at history to give themselves some trends.Your slipping home value has a silver lining.  Brokers and real estate agents that have been in the industry for awhile know one month does not make a trend!

Last month many reported the housing market was making a turn around.  The real facts about home sales is, every December sales surge.  The reason banks are trying to get sales completed for the end of the year.  Agents are trying to get their sales completed for year end.  Buyers and seller are trying to close their sales before year end as well.  They want the tax write-offs.

It isn't a big mystery why sales surge in December.  What is a mystery is why congress and the leaders of our country can not figure out that more jobs would be created if they could get the housing industry back on solid ground.  Right now it is like walking on quick sand, you don't know if you are going to sink or swim!

The truth is the housing market is not going to stabilize until the economy gets better.  This also has a silver lining for those that can buy a home.  It really is the best time to buy a home.  Interest rates are at record lows.  Home prices versus value and unbelievable.  So as a buyer if you don't buy now you will wished you did! 

Sellers looking to move-up this is your best time.  I know I just said home values are at record lows.  Yes that is true,Licensed to Flexit Realty by Bigstock Photo BUT you sell lower and you buy lower.  You also finance lower, so selling and moving up costs less now than it will if you wait for prices to go up.  Then you will sell for more and pay more for your next home along with higher financing costs.

We can look at the glass half empty or half full.  Regardless this is a Great Time to Buy and Sell Grand Radis Real Estate. If you are going to take advantage of the real estate market now is the time.  

If you would like to know how much your homes selling value in the Grand Rapids Real Estate Housing Market, send for your free analysis.  Send me an email, we will do a "Free Computer Analysis" for you and send it back, for homes in Grand Rapids and surrounding cities.  We can do a much better job if we can see your home, that is up to you.  Our home selling experts live and work every day within the Grand Rapids housing markets.  They know the local neighborhoods and which homes have sold.  Flexit Realty agents can share home selling tips with you as well. 

We have buyer agents representing home buyers only.  Our residential real estate specialists offer you a buyers checklist, so you don't miss finding the right home at the right price.

Thanks for Stopping By and Leaving a comment.

Gary L White Broker/Owner Flexit Realty

Gary L. White, Associate BrokerFlexit Realty Logo, www.FlexitRealty.com
CRS, GRI, ABR, ePRO, AHS, SFR

Phone: 616-784-2360

Email: GaryWhite@FlexitRealty.com

Website: www.FlexitRealtyGrandRapids.com

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Comments

Good Evening Gary

Thanks for the post and update. Have a great day

Posted by Patrick White (Home Driven Realty, Inc) 4 months ago

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