Grand Rapids, Michigan Real Estate Market is March Madness
Well March Madness is going on in the Grand Rapids Real Estate market just like it is happening on the Basketball Courts right now.
It is a mixed story – there are winners and there are losers in this market just as there are on the basketball courts.
The big winners today are the buyers who can take advantage of the $8,000 tax credit (first time buyers or someone who has not owned a home in the past 3 years), low prices, huge selection and low interest rates.
Other winners are move-up buyers who – even if they have to take a hit on their homes that they sell – will make it up on the home they buy and will still be in the dirvers seat.
Winners are also those sellers who have owned their homes for a while or have not run up their mortgages to close to purchase price and are selling in today’s market – there are still buyers out there looking for their dream house.
Unlike March Madness in Basketball – there is not one winner that will be crowned National Champion – in the real estate game there are loads of winners that can capitalize on this March Madness Marketplace.
