Cover image of show Grand Rapids Area Real Estate Report with Steve Volkers

Grand Rapids Area Real Estate Report with Steve Volkers

Podcast by Steve Volkers

English

Business

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About Grand Rapids Area Real Estate Report with Steve Volkers

Each month, Steve Volkers, Associate Broker and Realtor at Five Star Real Estate provides a glimpse into the Real Estate market of West Michigan. Our insights are drawn from sales data and analytics within the communities of the Greater Grand Rapids area. Please note that the content presented in this podcast is intended solely for informational purposes. It is important not to interpret any of this information or accompanying materials as legal, tax, investment, financial, or any other form of advice.

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19 episodes

episode Grand Rapids Area Real Estate Report w/ Steve Volkers - September 2023 artwork

Grand Rapids Area Real Estate Report w/ Steve Volkers - September 2023

Join Steve Volkers of the Steve Volkers Group at Five Star in this informative episode as he provides a comprehensive update on the current state of the real estate market. Steve discusses recent developments, the impact of low inventory, rising interest rates, and the potential for market stabilization. With over 17 years of experience, Steve offers valuable insights for both buyers and sellers, emphasizing the importance of being proactive in today's dynamic market. Don't miss this episode for expert analysis and valuable tips to navigate the ever-changing real estate landscape. Watch the video on YouTube [https://youtu.be/RbAuq-7825A]Get the data book [https://www.stevevolkersgroup.com/market-data.php]

13 Sep 2023 - 8 min
episode Grand Rapids Area Real Estate Report w/ Steve Volkers - July 2023 artwork

Grand Rapids Area Real Estate Report w/ Steve Volkers - July 2023

In his latest video, Steve shares insights on the current state of the real estate market. Are we seeing the beginning of the "new normal"? While prices remain stable, sales and transactions have decreased by 17-20% compared to previous years. He looks at who’s currently moving… first-time homebuyers, first-time sellers, and second-time buyers.  There is a high demand for homes priced between $250,000 and $350,000, but there is a scarcity of available properties, causing buyer fatigue and a growing interest in renting. Sellers looking to upgrade face challenges due to limited inventory and rising prices in areas like Rockford and Forest Hills. Without an increase in available properties, the market may continue to experience declining sales and a rise in rental market activity.  Watch the video on YouTube [https://youtu.be/H_n-5l5TcDs?si=O9edZaMTL0sKcqVO] Get the data book [https://www.stevevolkersgroup.com/market-data.php]

13 Jul 2023 - 18 min
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