Grand Rapids Real Estate Market Tops Trulia Hot List for 2016

December 15th, 2015 by Katie K Team

Grand Rapids, MI skyline of downtownThe Katie-K Team has long known that Grand Rapids, MI has it all, from a vibrant city center to pastoral havens a stone’s throw from downtown. Recently, the combination of urban chic and bucolic beauty has turned heads at Trulia, which named Grand Rapids the #1 Hot Real Estate Market to Watch in 2016.

“The word’s out. Grand Rapids is the place to be for quality of life, affordability, and first-rate community amenities,” said Katie-K, a top Grand Rapids Realtor with a growing team who serves East Grand Rapids, Forest Hills, Cascade, Ada and other Grand Rapids Metro communities. Most recently, Megan Lynch has joined the team as a buyers agent to help serve clientele in the rapid-fire quest of purchasing a dream home in a hot market.

Why does the river city top the list for 2016? Well, according to Trulia, Grand Rapids hits the sweet spot in terms of affordability and job growth; it ranks as the 14th-most affordable in the U.S. and 22nd-strongest in job growth over the past year.

Those numbers are reflected in the Grand Rapids Association of Realtors (GRAR) activity report, where year-to-date sales are up 13% in terms of housing units and 21% in terms of sales volume. Average home values are up more than 8% at $178,460.

“We’re going to finish strong in 2015. Serious sellers and savvy shoppers will not let the holidays slow them down,” Katie predicted.

For home sellers, listing during the holidays and winter months gives them a chance to stand out in the market place, when typically the volume of homes for sale is down. Buyers can benefit from motivated sellers and fewer competitors than in the madcap spring markets of recent years.

In the article, author Ginny Gaylor cites the Fulton Street market, a walkable downtown, a vibrant arts scene, and a rich food and craft brew culture as reasons why Grand Rapids tops the list.

Ten Hot Real Estate Markets To Watch for 2016:

1. Grand Rapids, MI
2. Charleston, SC
3. Austin, TX
4. Baton Rouge, LA
5. San Antonio, TX
6. Colorado Springs, CO
7. Columbia, SC
8. Riverside-San Bernardino, CA
9. Las Vegas, NV
10. Tacoma, WA

If you’re looking to sell your home in Grand Rapids, or are looking for homes for sale in Grand Rapids, put the power of the Katie-K Team in your court. Call 616-575-0119 or Contact Us for a FREE home evaluation or help searching for a perfect fit.


 

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