What Are Experts Saying About the Fall Housing Market? Grand Rapids Realtor

Maybe you're thinking about buying or selling a home in Grand Rapids or anywhere in West Michigan this fall. If so, don't worry! The professionals have some insight that can help with your decision-making process and give clarity on what's happening right now before any more major changes occur over time as we head into winter months


The Grand Rapids housing market is rapidly changing from its peak frenzy it saw last year - meaning there are many questions marks surrounding this change which might be affecting buyers' decisions (or lack thereof). But fear not because leanring

Here are what some national real estate experts are saying: 

A recent article from realtor.com:

This fall, a more moderate pace of home selling, more listings to choose from, and softening price growth will provide some breathing room for buyers searching for a home during what is typically the best time to buy a home.”

Michael Lane, VP and General Manager, ShowingTime:

Buyers will continue to see less competition for homes and have more time to tour homes they like and consider their options.” 

Expert Quotes for Fall Sellers

Selma Hepp, Interim Lead of the Office of the Chief Economist, CoreLogic:

“. . . record equity continues to provide fuel for housing demand, particularly if households are relocating to more affordable areas.”

Danielle Hale, Chief Economist, realtor.com:

“For homeowners deciding whether to make a move this year, remember that listing prices – while lower than a few months ago – remain higher than in prior years, so you’re still likely to find opportunities to cash-in on record-high levels of equity, particularly if you’ve owned your home for a longer period of time.”

Bottom Line

Mortgage rates, home prices, and the supply of homes for sale are top of mind for Grand Rapids buyers and Grand Rapids sellers today. And if you want the latest information for our area, let’s connect today.

260 Properties
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3
Beds
3F11/2
Baths
2,295
Sq.Ft.
2008
Year Built
6
Days on Site
22049672
MLS
This 2-story home is a must see! Nice open floor plan with a large kitchen that has a center island with snack bar and stainless appliances! The dining area has sliders out to a nice deck with...
5
Beds
3
Baths
2,683
Sq.Ft.
2022
Year Built
6
Days on Site
22049713
MLS
New home on Alward pond. Panoramic views abound! Kitchen great for entertaining with 11' long island. Two-story great room includes cozy fireplace. The main floor offers a 5th bedroom/office and...
4
Beds
2
Baths
1,731
Sq.Ft.
1885
Year Built
7
Days on Site
22049535
MLS
Historic 4 bed, 2 full bath home within the Heritage Hill District! Over 125,000 in interior upgrades, yet the original character was retained. The kitchen features all new cabinets, counters, subway...
4
Beds
2F21/2
Baths
3,913
Sq.Ft.
1975
Year Built
7
Days on Site
22049555
MLS
Cascade charmer. Located on an oversized corner lot with a spacious front and backyard. Backyard includes an insulated shed with a 220 service. Brand-new, fully renovated kitchen with never-used...
4
Beds
1F11/2
Baths
1,330
Sq.Ft.
1890
Year Built
7
Days on Site
22049561
MLS
Placed perfectly amongst the heart of the Westside, this traditional single-family home rests! Enjoy city life all year long from a plethora of restaurants and shops in close proximity. This house...
4
Beds
2F11/2
Baths
2,023
Sq.Ft.
1955
Year Built
7
Days on Site
22049560
MLS
Nice Grand Rapids Ranch-Style home on quiet cul-de-sac features 4 bedrooms and 2.5 bathrooms! Main level with large front living room, kitchen (stove, refrigerator, dishwasher, & disposal) and dining...
3
Beds
2F11/2
Baths
1,800
Sq.Ft.
2001
Year Built
7
Days on Site
22049601
MLS
Move right in after close to this updated 3 bedroom, 3 bath home! You'll love the new floors flowing throughout the main floor. The light and bright kitchen offers stainless appliances, and sliders...
3
Beds
2F11/2
Baths
2,512
Sq.Ft.
1955
Year Built
7
Days on Site
22047680
MLS
Take a look at this spacious ranch home with uncapped potential for the interior! 3 bedroom, 2.5 bathroom home situated on an amazing large .74 acre lot, with a convenient pull through driveway. Peak...
4
Beds
2
Baths
1,700
Sq.Ft.
2002
Year Built
8
Days on Site
22049387
MLS
Welcome to 3292 Bunker Hill Dr. located in Grandville schools. This beautiful 4 Bed 2 Bath home is situated on 4 acres overlooking a private pond. Main level has living room, kitchen, dining room, 2...
3
Beds
2
Baths
1,695
Sq.Ft.
1875
Year Built
9
Days on Site
22049298
MLS
This 3 bedroom, 2 bath home is waiting for you to make it your own. Convenient access to M6 via Kalamazoo Ave then on to Grand Rapids. Offers are due at 8:00pm on Friday, December 2.
Well +...
3
Beds
2
Baths
1,638
Sq.Ft.
1940
Year Built
13
Days on Site
22049101
MLS
This bungalow is the perfect house for a nice walkable neighborhood, close to everything in Kentwood. CHECK THIS OUT!! Tucked into a walk-in closet is a sauna... THAT'S RIGHT, A SAUNA!! The home has...
3
Beds
1
Baths
1,127
Sq.Ft.
1915
Year Built
15
Days on Site
22048990
MLS
To be built by Highline Homes! New construction 3 bed 1 bath home in the Riverside park area on a nice lot. Buyer to obtain construction loan for build, builder is approved through Churchill mortgage....

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