Summer is the New Spring

You might be surprised that realtors have been buying and selling homes throughout Michigan’s stay-in-place order, but because of restrictions and health concerns, sales have been sluggish in what is typically a busy spring market. Effective June 1st, restrictions on real estate activities were lifted by Governor Whitmer. This means a pent-up demand for selling and buying homes is about to emerge shifting our spring market to summer.

Local mortgage lender, Sara Bos of Grand River Bank, has great news for home buyers:

“Rates are still at all-time lows! The economy shows signs of stabilizing after being shut down around the world due to COVID-19. Through the next few months it looks like we will continue to see rates hover at some of their lowest in history.”

Thinking of buying?

Take advantage of historically low interest rates to enter the real estate market or upgrade to the home of your dreams. Lower rates mean home buyers can afford more house! 

Thinking of selling?

Take advantage of our low inventory to showcase your house and get top market value. Our local market currently has a “for sale” inventory of just 2.5 months compared to a balanced market of 6 months. This weighs heavily in favor of sellers who will face less competition and a back-log of interested buyers.

Either way, I am here and ready to meet all of your real estate needs.

Previous
Previous

Understanding the Appraisal Process to Leverage Your Offer

Next
Next

The Internet Can’t Replace Your Agent