Blog Post

The time is now for home buyers, especially, fisrt time home buyers!

Michael Weitzman • Nov 26, 2012

The Grand Rapids real estate market has been very hot now for 18-20 months. The Grand Rapids real estate inventory is at 8 year lows and home prices have not only hit bottom, but are starting to go creep up, but have a long way to go. Interest rates are still at very low numbers, like 3.5% for a 30 year fixed. With all of these factors, as The Sprich Group has been saying for 18 months, now is the time to buy and also, now is the time to sell. Homes that are in ” move – in – condition” and priced right, don’t last a week on the Grand Rapids real estate market. So, if you are thinking about being a “ first time home buyer “, and you are currently renting, buying is a better option for you. If you are thinking about selling your home , now is the time. The buyers are out there and, there are still good prices for buying.

Take a look at an article in the Wall Street Journal, “Will 2013 be the time for home buyers to jump?”. This article talks about why NOW is the time to buy!!!

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