Predictions for West Michigan Real Estate Trends
The real estate market in West Michigan and the Lakeshore has been one of the hottest in the country. For several years, Grand Rapids has held a place in the Top Ten housing markets in the entire United States.
Several considerations have been credited for the strength in the market. Low-cost housing, low-interest rates, a strong job market, and more have had a big impact on real estate, often leading to a lack of available homes for sale in many West Michigan townships.
In 2019, a dramatic rise in Great Lakes water levels also contributed to changes in the real estate market in many waterfront areas. In some areas, the high water has led to substantial beach erosion, or to substantial…