7 Reasons to Buy a West Michigan Home Now
This may sound like the same old rhetoric, especially coming from a
real estate blog. But if you are considering buying a home in the
next year or two, you might want to step up your timetable.
1. Home prices will bounce along the bottom this winter,
but prices are expected to rise 10% over the next four years.
2. Home inventory is still declining – making finding your dream home
much more difficult.
3. INTEREST RATES ARE STILL LOW!
4. Rents are rising – it is not quite the bargain it was a few years ago.
5. Long term home ownership creates family wealth.
6. Most young adult still desire a home of their own.
Increased demand + higher interest rates = higher home prices.
Experts estimate the First Time Home Buyer Grant Program will be gone
by June 2013.
7. When Home Prices Rise, your buying power decreases drastically.
You can’t save money fast enough to keep up with rising home prices
and rising interest rates. Especially if 20% down payment becomes the
new industry standard.
If you are thinking of buying a home I will be happy to discuss your options
and availability of homes in the West Michigan area. Give me a call at
616-292-7263.
_____________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate,
the Greater Grand Rapids MI area, and what it is like to live in West
Michigan. We believe Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 
616-292-7263