Grand Rapids Area Real Estate Report with Steve Volkers

Steve Volkers
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Grand Rapids Area Real Estate Report with Steve Volkers

Each month, Steve Volkers, Associate Broker and Realtor at Five Star Real Estate provides a glimpse into the Real Estate market of West Michigan. Our insights are drawn from sales data and analytics within the communities of the Greater Grand Rapids area. Please note that the content presented in this podcast is intended solely for informational purposes. It is important not to interpret any of this information or accompanying materials as legal, tax, investment, financial, or any other form of advice.

  1. 09/13/2023

    Grand Rapids Area Real Estate Report w/ Steve Volkers - September 2023

    Join Steve Volkers of the Steve Volkers Group at Five Star in this informative episode as he provides a comprehensive update on the current state of the real estate market. Steve discusses recent developments, the impact of low inventory, rising interest rates, and the potential for market stabilization. With over 17 years of experience, Steve offers valuable insights for both buyers and sellers, emphasizing the importance of being proactive in today's dynamic market. Don't miss this episode ...

    8 min

  2. 08/10/2023

    Grand Rapids Area Real Estate Report w/ Steve Volkers - August 2023

    Are you waiting for interest rates to drop before making a move in the real estate market? The August market data report from Steve has some eye-opening insights. Discover if that waiting game could actually be costing you money in the long run. Plus, dive into the impact of the ongoing inventory shortage on prices and the potential benefits of renting out your current home. Don't miss out on these valuable tips and trends!Watch the video on YouTubeGet the data book

    16 min

  3. 07/13/2023

    Grand Rapids Area Real Estate Report w/ Steve Volkers - July 2023

    In his latest video, Steve shares insights on the current state of the real estate market. Are we seeing the beginning of the "new normal"? While prices remain stable, sales and transactions have decreased by 17-20% compared to previous years. He looks at who’s currently moving… first-time homebuyers, first-time sellers, and second-time buyers. There is a high demand for homes priced between $250,000 and $350,000, but there is a scarcity of available properties, causing buyer fatigue and...

    19 min

  4. 06/15/2023

    Grand Rapids Area Real Estate Report w/ Steve Volkers - June 2023

    What are we seeing in the market this month? In June we're focusing on the total sales for the year, or lack thereof, and what that means for buyers, sellers, and agents in our area. So there's a little something for everyone in this month's Market Data Report!Watch the video on YouTubeGet the data book

    17 min

  5. 05/11/2023

    Grand Rapids Area Real Estate Report w/ Steve Volkers - May 2023

    Are buyers fickle right now? Get all the details in this month's Grand Rapids Area Real Estate Report!Watch the video on YouTubeGet the data book

    11 min

  6. 04/10/2023

    Grand Rapids Area Real Estate Report w/ Steve Volkers - April 2023

    This month's mantra for buyers is "Don't get discouraged". The lack of housing inventory in our area means that the market remains competitive. But as you'll see it's not quite as bad as last March when homes were selling at 5% above list price...this year March sales prices are, on average, selling 1.6% above list price. For sellers, homes are continuing to sell quickly but again not quite in the same frenzy as this time last year.Watch the video on YouTubeGet the data book

    10 min

  7. 03/10/2023

    Grand Rapids Area Real Estate Report w/ Steve Volkers - March 2023

    What's the bigger driver of the state of our current real estate market...interest rates or inventory? Find out that and much more in this month's Grand Rapids Area Real Estate Report w/ Steve VolkersWatch the video on YouTubeGet the data book

    23 min

  8. 02/09/2023

    Grand Rapids Area Real Estate Report w/ Steve Volkers - February 2023

    You don't want to miss this month's real estate report from Steve Volkers! There's lots of great information here whether you're in the market to buy or sell, an agent, or even as a lender. Sales were down last year by almost 2000 units at just over 10k, you have to go all the way back to March of 2013 to find the last time there was this level of units sold...will that trend continue? Also looking at the median sales price we see that it's looking like we're still going to get the spri...

    17 min
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About

Each month, Steve Volkers, Associate Broker and Realtor at Five Star Real Estate provides a glimpse into the Real Estate market of West Michigan. Our insights are drawn from sales data and analytics within the communities of the Greater Grand Rapids area. Please note that the content presented in this podcast is intended solely for informational purposes. It is important not to interpret any of this information or accompanying materials as legal, tax, investment, financial, or any other form of advice.

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