West Michigan Real Estate Statistics and Trends

Audu Real Estate Nominated for Grand Rapids Chamber of Commerce EPIC AWARDS 2016!

From the Grand Rapids Chamber of Commerce announcement of the finalists nominated  for the 2016 EPIC AWARDS: The EPIC Awards celebrates those businesses and people who are doing great things in the business community by being Entrepreneurial, Progressive, Innovative and Collaborative. Seven categories of awards recognize businesses and individuals supporting the community, demonstrating growth, finding […]

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Grand Rapids, Michigan Rated a ‘Best Buy” Real Estate Investment for 2015

The housing market has stabilized in Grand Rapids, Michigan.  Gone are the days when investor traffic flooded the market and houses were being plucked up at rock bottom prices.  Although exceptionally low inventory throughout much of the past 18 months has been a challenge, home buyers are once again entering the market in a serious way. […]

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Real Estate Market Trends Fall 2014~ Has the Grand Rapids MI Real Estate Market Softened?

This summer, our market trends blog documented the issue of an unusually low inventory (less than 3 months supply) in the Grand Rapids MI real estate marketplace.  According to the data report, (which tracked data available through the Grand Rapids Association of REALTORS up to May 2014) the amount of housing inventory available for sale in West […]

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Inventory Shortage ~ Availability, Pricing and Access to the 2014 West MI Housing Market!

The big news for the summer of 2014 according to statistics compiled and released by the Grand Rapids Association of REALTORS is Housing Inventory…or rather the lack of it as the community prepares to enter what is traditionally the most active segment of the selling season.  According to the report, (which tracks data into May 2014) […]

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Housing Recovery Underway in West Michigan – Grand Rapids, MI 2013

Breaking News! A housing recovery is underway in West Michigan.  Although many in the real estate community have had their eyes glued to the numbers to monitor the trends for almost a year, the mounting evidence is now clearly evidenced.  In numbers released for January 2013, the Grand Rapids Association of REALTORS chronicles what many […]

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The Power of Shift…2012 Real Estate in West Michigan Year End Review

A year ago today, my calendar indicates that there was a double showing on a brand new home listing.  Not that unusual in itself.  The home was a brick ranch in the north east side of the city.  Having listed the property within the past two weeks, the activity on the home was notable given […]

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Good News for West Michigan Real Estate Market as Distress Sale Numbers Continue to Plummet!

The demand for homes once again outpaced the amount of incoming inventory in West Michigan.  Current housing inventory levels hover around a four months supply.  Distress sales have also remained lower than in recent  years.  In fact, the numbers observed in distress sale activity are also a factor in the decreased inventory supply.  These trends […]

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