Driving Demand for Home Building in Grand Rapids, Michigan

Those surviving on low-income are driving the demand for home building in Grand Rapids, but indirectly. The MSHDA, Michigan State Housing Development Authority, comes in to give the businesses looking to expand a push in the right direction. Through a LIHTC, Low-Income Housing Tax Credit towards the property tax a business can make serving the […]

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What the MSHDA Is Doing for Real Estate Projects in West Michigan

We can say the housing market looks great but until the people who need houses have houses it’s not a great market for the market, the people. The method of calculation for a market-rate house is unclear. It appears clear to a family when affordable isn’t. The demand for affordable housing remains high all over Michigan, says the MSHDA. Michigan […]

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Bridging the Gap Between Buyers and Builders in Grand Rapids, MI

If you are from the U.P. you call those residents under the bridge trolls.  If you are from Grand Rapids you know we don’t have real rapids, and we aren’t really trolls.  We have lots of bridges though: 6th street bridge, Gillette Bridge, the (rainbow) Blue Bridge, Fulton Street and the old railroad bridge with Punk Island, and maybe […]

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What Kind of Home Buyer Are You in Today’s Market?

You’d be surprised to know that in our current market there are many different kinds of home buyers (and consequently, home sellers). This should tell you something — that the market’s largely dictated by who you are. And if you don’t know who you are as a home buyer, you’re basically jumping into an ocean without a life […]

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Why the Baby Boomer Generation Is Still Booming in the Real Estate Market

It’s true, believe it or not. We’re guessing the real estate market is still so vibrant as mentioned here that even baby boomers from back in the ’80s and ’90s are still very much active when it comes to home buying. And they should be. Prospects are good. Why not take advantage of it?

There Are Four Aspects of This Market for Baby Boomers to Keep in Mind, Though

It’s not just about your age. Or the fact that you have a big salary with a career you’ve held down for a decade or more. Rather these bits can prove that you are, in fact, a baby boomer booming in the real estate market:
Just by these facts, you can tell that age isn’t necessarily what makes a baby boomer.

There’s so Much More to It Than That

While the term “baby boomer” represents a higher birth rate of kids sprouting out like fish eggs and an explosion of opportunities both on the job side as well as the business side, there’s no doubt that being a baby boomer in the real estate market means that much more. They may be an older generation — but they certainly still act young. Learn more about the other home buyer demographics as well right here!
Either way we look at it, that’s great for the real estate market.

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7 Statistics Proving Why Trends Lead to Home Buying Today

So we’re sure you’ve read somewhere in the blogosphere the fact that the national real estate market’s exploding for obvious reasons (opinionated, yes, granted) and that even foreigners are taking a major interest in, say, a certain Lone Star state (granted, it’s only one state out of the entire country). Keep in mind this important fact […]

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Selling Homes in the East Coast — the Latest Rage in Real Estate!

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You don’t have to be a real estate guru to know that the east coast so-called “blue” states over there are all about the real estate, real estate, real estate. Without a doubt, that’s where the market’s cutthroat, and it’s like a game of inches and timing. You strike when the iron’s hot, and you hope for some ROI in the process.

Thankfully, we have some good news for you: the entire national real estate market seems to be looking pretty good, primarily for home sellers, as home prices begin to skyrocket clear across the board –

But Just in Case You’re in One of These States, You Have to See These Numbers

Bear in mind that as a home seller, if you want some ROI for major investments you’ve made to your property and you’re looking to move out, you’ll want to wait until you start seeing these numbers. These are predictions. But as the real estate market continues to flourish as we see here, there’s no doubt that these predictions will shortly become realities. So let’s take a look:

Crazy, Right? Crazy Good!

Call that a touchdown if you will for real estate. This is a clear sign that, slowly but surely, our real estate market’s looking better and better.

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Millennials: the Next Rage in Home Buying. What Kind of Homes, Though?

It’s hard to believe, but it’s true: millennials in our real estate demographic for home buying have already been putting their stamp in the market share, which is a good thing for the industry. We’re not going to see a real estate explosion quite yet, though, given the record low numbers of mortgage applications among millennials (and a consistent high growth for home renting) due to lack of job growth, student loan debt, and a later timeline for marriage and new families.

But It’s Coming. Some Say the Millennial Generation’s Already Here for Real Estate Home Buying

What you need to know, though, is what exactly they’ll be looking for in terms of a home…. Keep that in mind. Because of the inventory of available houses aren’t there; those millennials aching for a home to buy, well, won’t buy – which is bad for real estate business.

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Here’s what millennials will want in a home (and you certainly won’t need any Gray’s Sports Almanac to figure this one out):

This is getting heavy, Doc….

We’ve Got You, However, on This Real Estate Market

Preparation. That’s what it’s all about. Whether it’s home staging or a real estate agent who can access all the available homes, RTO or not, with all the correct features millennials are going to want. Because when they buy, people sell. Home improvements, renovations, maybe even new construction – the new millennial generation may drive this focus in.

So let’s align with it. And make the real estate market ready for the future (and flying DeLoreans). Sign up for more information with the HOPE Program today!

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