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west michigan home market stabilizing

west michigan home market stabilizing

wilson_keona/flickr.com
wilson_keona/flickr.com
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Grand Rapids/West Michigan Home Market Stabilizing

I have a couple friends who are real estate agents and they have been echoing the same thing.  However, I have had a cute little house next door, more than reasonably priced, that has been for sale for over a year now; so these statistics do make me wonder?  But the statisticians say the West Michigan housing market is seeing some healthy signs.  The number of housing listings went down 19% last month. Compare that to an 8% decrease from last year.  So does that mean the houses were actually sold or does it mean they were "rented or leased out"?

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