Have You Outgrown Your Home?

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You found it – your dream home. You’ve unpacked all of the boxes, bought new couches and shelves, painted a few walls and even replaced windows and doors. Between all of the holiday gatherings, Easter egg hunts, birthday parties and BBQ’s… memories were created. 

Time passes, kids grow, gardens bloom… you’ve accumulated more boxes, more shelves and even a couple of new chairs. Open space is slim and you need more room. It’s time for a change.

It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home.

The good news is, it’s okay to admit if your house no longer fits your needs and West Michigan has a fair amount of real estate to choose from

According to the latest Home Price Insights from CoreLogic, prices have appreciated 3.5% year-over-year. At the same time, the National Association of Realtors (NAR) reports inventory has dropped 4.3% from one year ago.Have You Outgrown Your Home? | MyKCMThese two statistics are directly related to one another. As inventory has decreased and demand has increased, prices have been driven up.

This is great news if you own a home and are thinking about selling. The equity in your house has likely risen as prices have increased. Even better is the fact that there’s a large pool of buyers out there searching for the American dream, and your home may be high on their wish list.

Bottom Line

If you think you’ve outgrown your home, let’s get together to discuss local market conditions and determine if now is the best time for you to sell. Our team at BP Realty is dedicated to your home sale and search, 100%. At BP, we help broker the purchase and sale of real estate. So, if you are looking to buy or sell a home, why not work with the top real estate agents in the Grand Rapids Michigan area today?

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