Grand Rapids and Lansing Housing Market Update 2019

With the release of Realtor.com’s housing market forecast for 2019, Grand Rapids, MI is once again listed in the Top Ten hottest housing markets in the country. In fact, the area’s economic growth, job market, and other positive indicators have made Grand Rapids the 2nd hottest market in the US.

Although not listed in 2019’s Top Ten, Lansing, Michigan also remains one of the most desirable places to live in America. With a strong local economy of its own, the Greater Lansing, MI area has continually added jobs and reduced unemployment since 2011.

Both zip codes have seen sustained growth over the last decade, attracting a variety of new home buyers from all over the country. With affordable homeownership opportunities available to first-time West Michigan buyers and builders alike, there has never been a better time to buy a new home.

Low interest rates and affordable home prices can even make home ownership less expensive than the cost to rent. By choosing to buy, new home owners can build equity in their own future instead of helping to pay for someone else’s home.

Millennials still account for almost one-third of the home sales in West Michigan. Understanding what home ownership means to their futures, Millennials are leaving behind the “24-hour cities” like New York and Los Angeles to embrace the slower, “18-hour” culture in places like Grand Rapids and Lansing.

Still full of cultural and social options, smaller cities mean lower home prices and create the option to purchase a home wherever the buyer desires. Whether waterfront, wooded spaces, or quality schools are the buyers’ highest priority, new homeowners can choose to live in the many Eastbrook lifestyle communities.

Millennial home buyers are also driving several other trends, including the renaissance of many of the neighborhoods just outside of the urban city areas. With new shops and restaurants appearing constantly, cultural and social opportunities are easy to find in the bustling outskirts of towns like Grand Rapids.

At Eastbrook Homes, we’ve always known that Grand Rapids, Greater Lansing, and plenty of other Michigan areas are wonderful places to work, play, and thrive. If you’d like to learn more, give the Eastbrook team a call and we’ll tell you why West Michigan is Number 1 in our list.

""
1
Schedule a Showing!
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right

Related Posts You Might Like

Unlock Eastbrook’s Summer Events!

Unlock Eastbrook’s Summer Events! With so much to do in West Michigan in the summer, it’s no wonder that Grand Rapids and Greater Lansing continue to land on the Hottest Housing Market Top Ten List. But that’s not the only reason West Michigan is hot. The sense of...

It’s Summer in the City and Grand Rapids is Hot!

It’s Summer in the City and Grand Rapids is Hot! Even though we’re still seeing some chilly days, summer has finally officially arrived in West Michigan. Short sleeves and sandals have replaced fleece and flannel and the city sidewalks are alive with foot traffic once...

It’s Open House Season!

Treading Lightly - Open House Etiquette 2019 While searching for your dream home, it’s a good idea to attend Open House events held in the area or community where you would like to live. An Open House is a great way to discover many things about the home and...

GET IN TOUCH

Get In Touch

[]
1 Step 1
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right

Eastbrook Homes

1188 East Paris Ave SE Ste 100
Grand Rapids, MI 49546

(616) 455-0200

concierge@eastbrookhomes.com

Sign Up

Register for a My Home Account and start saving photos that showcase your preferences for your new home design.

[]
1 Step 1
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right

Login

[]
1 Step 1
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right
Click here to reset your password.

Contact Us

[]
1 Step 1
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right

Carlisle Crossings