Posts by SteveVolkers

Monday Market Update for December 10th-16th 2018

  In this update find out if contingent offers are making a come-back. If you can really buy a brand new home for less than $200k (Thanks Trevor Duffy at Allen Edwin Homes). Be sure to stay tuned to the end for a special thanks to Ryan Gardner and Katie Gardner at Northpointe Bank.

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2019 Economic Forecast – Associated Builders and Contrators

  Steve attended the ABC of Western Michigan 2019 Economic Forecast where Mr. Anirban Basu, Chairman & CEO of Sage Policy Group, Inc., an economic and policy consulting firm headquartered in Baltimore, Maryland, spoke about the economic outlook for contractors and builders in the coming year. Steve reviews some key points of the forecast and gives his take on the Grand Rapids real estate market in 2019.

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Why now is a great time to buy

  Every year I tell my buyers that the holiday months and June are great times to buy for those looking in competitive price points, and every year my buyers (most of them) wait until March 1st to start looking. Every year, those Spring buyers put in multiple offers, usually above ask, and sometimes waiving inspections and/or appraisal contingencies. They often spend more than homes are appraised for and put a lot of energy and heartache into the home search. While I truly believe that everything happens for a reason, and ends up the way it should, I do wish my buyers would consider looking in the Winter and middle Summer months. During these months there are typically fewer buyers out looking, meaning less competition. Also, Sellers tend to be motivated if they are selling during the holidays. Right now there are 265 homes listed in Kent County in the $150,000 to $250,000 price range. 234 of them have been listed for 10 days or more. I’ve found that when a home has been listed for more than 10 days it can give you room to negotiate and possibly get the seller to pay your closing costs. If you find…

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