Real Estate Trend #1: Home Prices Are Still Rising Slowly. and we're anticipating at this point that July will be on trend, even a little bit up from last year, along with August.". Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. we've had to spend more time in our homes, we've had to utilize our homes and some new ways with home offices and work from home so i think that, on a long term trend. 2 This slower growth trend is likely due to the craziness of the coronavirus and market uncertainty. 2019 Real Estate Market Forecast for Michigan. The Rebound West Michigan: State of Education, Excellence in Education Award Nominations. we're all in a time of uncertainty. Average Taxes in Michigan Estate: $3,704 / County Average: $4,366. Updated quarterly. Do you want to? The West Michigan industrial real estate market continued to mature in 2014 with landlords, tenants and brokers all adjusting to the reality that demand for quality space has reached an all-time high and supply is struggling to keep up. These are only averages. It is the only site you will ever need! The Mark Deering Team knows West Michigan. Source & Methodology. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. In January, only 1,212 homes were on the market. So Michigan performed better in the Last Quarter than 30% of these 51 real estate markets. Oceana County real estate for sale, Pentwater Village homes for sale, Pentwater Lake homes for sale, Pentwater River (registered Trout stream)and lakefront homes for sale, Lake Michigan homes and cottages for sale, West Michigan real estate for sale, Bass Lake property … Western Michigan presents a unique mix of big-city culture and rural recreational and farming areas.Bordered on the west by Lake Michigan, the beach scene is a major part of life. Southwest of Grand Rapids - and west of Kentwood - is this hot housing market, where the average sold price in 2017 is $140,950 on 232 houses sold. The real estate market in Michigan is very hot, making it an ideal time for current and aspiring investors to purchase property in the Wolverine State. Michigan was in the 30th percentile. It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. Average Cost Per Sqr Ft in Michigan Estate: $146 / County Average: $171 . Michigan Realtors® gathers and provides the latest industry data. One mistake can cost you 5 years of home equity. Analytics built by: Location, Inc. Mark is a leader in the real estate industry for his years of experience, top notch marketing, smooth transaction systems, and his use of technology. GRAND RAPIDS, Mich. — COVID-19's impacted virtually every industry and aspect of life in the past week. Kristen is the master of organization. The past few years have been a seller’s market in Michigan, driven by low inventory and strong economic growth statewide. Year aft er year, we work hard to ensure the information we provide is current, complete and accurate. August 2020 ; Interested in obtaining more statistics and speaking with a contact by specific city or region? Do you live in Holland, West Ottawa, Zeeland, South Haven, Fennville, or Saugatuck/Douglas School Districts? Learn more about the Michigan real estate market and housing market. At Besteman Properties Group, we are dedicated to all your Commercial Real Estate Needs. Copyright 2020 Scripps Media, Inc. All rights reserved. Michigan Estate FL Real Estate Stats Average Price in Michigan Estate: $359,900 / County Average: $385,261. 1 was here. Kate Carlson @SentinelKate Thursday May 28, 2020 at … Okay, let’s start with home price trends. "Here in West Michigan what we attributed to is strong supply and demand that we had, coming into this time, demand was strong buyers were buying inventory was relatively low and i think we've seen those strong fundamentals carry us through the time of COVID, but also is all providing part of that boost, as we get back to activity. Get an INSTANT property valuation now! Home sales are expected to slow and stabilize in 2019 as more homes come on the market But there is great variety … According to the national association of realtors, there’s been a nearly 50 % increase in pending home sales, making it the largest month to month increase since 2001. He excels with direct client interactions and takes care of a majority of the face to face time. Like many realtors, Adam says his team has grown custom to providing no-contact showings to people looking to buy a home. REBUILDING AMERICA: Realtors have positive outlook for West Michigan real estate market . This would not be a bad time to do so, as the real estate market, the job market, and the overall economy are showing steady growth year over year. Michigan's largest real estate company, Real Estate One, with offices servicing Michigan, knows the Michigan real estate market. Niche User: What I love about West Michigan, is the abundance and variability of fun things to do here. 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