Tuesday, May 13, 2014

Low Inventory is Challenging the Spring Housing Market in West Michigan

Posted by Liz Huls on Tuesday, May 13th, 2014 at 10:36am.
Tight Inventory is the biggest obstacle we have in this Spring housing market! A normal real estate market has between a six-to-seven month supply of homes available. In West Michigan 2014 has our monthly supply of available homes for sale at about 4.5 months. This years inventory levels continue to run well below the average, with March 2014 listings being 26.5% less than last year.  MORE

Tuesday, May 6, 2014

To Get an Appraisal….or Not to Get an Appraisal…That Is The Question?

Pricing a listing is one of the hardest and perhaps most important tasks in residential real estate. So why do serious seller's fail to get one?
A professional appraisal may cost between $300.00 and $450.00. So why do serious seller's fail to get one?  An appraisor can come in with an independent, unbiased opinion and put a value on your home and property. Again I ask..... so why do serious seller's fail to get one? Real Estate Appraisals