Demystifying the Spring Housing Market "At Home with Eastbrook Homes"

MI Best: An MLive Podcast

In this episode of the "At Home with Eastbrook Homes" podcast, industry expert, Stacy Vis, shares in-depth insights on the early onset of the spring housing market. Stacy discusses the impact of weather on housing prices, the solution to low inventory, enhancing current portfolio offerings, and advice on preparing to enter the current market.

The market overview provided by Stacy reveals the effects of early spring weather on market activity and sales. Stacy points out that the market has witnessed a surge in demand, driving record-breaking home sales. However, this high demand has also led to challenges in the market such as low inventory, leaving many home-buyers frustrated.

With her comprehensive knowledge of the market, Stacy further gives intriguing advice to prospective homeowners on how to navigate the current market. She encourages first-time buyers to take the plunge now instead of waiting on prices to fall, as historically, they tend to keep rising. She also suggests a different approach to the traditional plan of homeownership, advising young and first-time buyers to consider starting with a townhome to initially build equity, which can then be transferred to their preferred home later.

From cul-de-sac dreams to real-life implications of market trends, this episode provides a realistic perspective on the current housing market. Stacy’s adept understanding of the market, coupled with her strategic recommendations, makes this episode a must-listen for anyone considering venturing into the spring housing market.