Grand Rapids Real Estate Balancing Your Wants and Needs as a Homebuyer This Spring

Discover a hidden gem in the world of real estate - Grand Rapids! With an increasing number of homes up for grabs compared to last year, it's a goldmine waiting to be explored. However, don't wait too long - the inventory remains lower than the bustling, pre-pandemic era. As realtor.com's Monthly Housing Market Trends Report suggests, it's time to dive in and secure your dream home in this dynamic market.

“While the number of homes for sale is increasing, it is still 43.2% lower than it was before the pandemic in 2017 to 2019. This means that there are still fewer homes available to buy on a typical day than there were a few years ago.”

The current housing shortage has an impact on how you search for a home this spring. With limited options on the market, buyers who consider what’s a necessity versus what’s a nice-to-have will be more successful in their home search.

Ready to dive into homeownership? Start by securing pre-approval for a mortgage from a Grand Rapids lender. Knowing your borrowing power is key to crafting a wishlist for your dream home, and helps prevent heartache over out-of-budget options. With a clear budget in mind, you can confidently create a list of must-haves and nice-to-haves for your future abode.

Here’s a great way to think about them before you begin:

• Must-Haves – If a house doesn’t have these features, it won’t work for you and your lifestyle.
• Nice-To-Haves – These are features you’d love to have but can live without. Nice-to-haves aren’t dealbreakers, but if you find a home that hits all the must-haves and some of the these, it’s a contender.
• Dream State – This is where you can really think big. Again, these aren’t features you’ll need, but if you find a home in your budget that has all the must-haves, most of the nice-to-haves, and any of these, it’s a clear winner.

At last, with your tailored list in hand, team up with your Grand Rapids property guru to polish it to perfection. Receive pro-tips on how to stay true to your wishlist and discover a marvelous home that superbly suits your desires.

Prioritizing what you need in a home is a critical first step the buying process. If you’re ready to find the one that’s best for you, connect with us on this site.