Market Trends & Real Estate News
Kent County Real Estate Market Update: March 2025
Spring is in the air, and so is activity in the Kent County real estate market! As we move further into 2025, it’s a great time to take a look at the key trends shaping our local housing landscape. Here’s a snapshot of what the March market data reveals: Key Market Indicators for Kent…
Read MoreKent County Market Update: February 2025
Welcome back to our monthly Kent County real estate market update! As we move further into 2025, the market continues to demonstrate a unique blend of speed and stability. Let’s dive into the key numbers for February. Inventory Remains Tight One of the most significant indicators we’re seeing is the extremely low inventory. Currently, we…
Read MoreWest Michigan Spring Real Estate Market Forecast: Expert Predictions & Buyer/Seller Tips
The vibrant spring real estate season in West Michigan is upon us! As temperatures rise and the landscape awakens, both buyers and sellers are gearing up for a potentially competitive market. Understanding the latest West Michigan real estate market trends is crucial for navigating this dynamic period. This article provides expert predictions and actionable tips…
Read MoreJanuary 2025 – Kent County Market Snapshot
In January 2025, the Kent County, Michigan housing market exhibited notable activity, reflecting trends that both buyers and sellers should consider. Home Prices The median listing price in Kent County was $367,038 in January 2025, showing a slight increase from $366,975 in December 2024. The median sold price was $334,420, representing a…
Read MoreWhy Today’s Mortgage Debt Isn’t a Sign of a Housing Market Crash
One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today. Unlike in the last housing bubble, where many homeowners owed more than their homes were worth, today’s homeowners have far more equity than debt. That’s a big part of the reason why even though mortgage…
Read MoreGrand Rapids Real Estate: Discover Your Dream Home
Are you looking to buy or sell a home in the vibrant city of Grand Rapids, Michigan? As a local real estate brokerage, 616 REALTY is here to help you navigate the real estate market and find your perfect property. With a deep understanding of the local area and market trends, our realtors can provide…
Read MoreGrand Rapids on the Rise: Top Reasons Why People Are Moving to This Thriving City
Grand Rapids, Michigan is experiencing a surge in popularity, attracting new residents from across the country. But what exactly is drawing people to this Midwestern gem? At REALTY, a local Grand Rapids real estate brokerage, we’ve compiled the top reasons why Grand Rapids is becoming a relocation hotspot. 1. A Booming Economy Grand Rapids boasts…
Read MoreNavigating the NAR Settlement: Smooth Sailing for Grand Rapids Real Estate Transactions
The National Association of Realtors (NAR) recently reached a significant settlement that will impact real estate practices nationwide, including right here in Grand Rapids, Michigan. At 616 REALTY, we understand that navigating legal changes can be confusing. This blog will break down the key points of the NAR settlement and how it might affect your…
Read MoreGrand Rapids Housing Market
The Grand Rapids housing market is a hot one right now! Home prices are on the rise, and homes are selling quickly. If you’re thinking of buying a home in Grand Rapids, be prepared for some competition. In April 2024, the median sale price of a home in Grand Rapids was $300,000. That’s 12.4% higher…
Read MoreOwning a Home: Don’t Forget the Tax Breaks!
Buying a home is a significant financial achievement, and there’s a lot to learn about the ongoing costs of ownership. One bright spot for homeowners is the potential tax benefits that come with owning a piece of property. Understanding these deductions can help you maximize your tax return and save money come filing season. …
Read More