If you are interested in purchasing a home or trying to sell your home in East Grand Rapids, you might want to take a look at this article about property values in Kent County, including East Grand Rapids.

For home sellers in East Grand Rapids, the news is mixed. Home prices fell 3.11% in 2009. That’s not good, but it’s a smaller decline than in other surrounding areas that saw double-digit decreases in home values. Other stable areas that had small decreases in home value are Ada Township and Grand Rapids Township.

For those looking to buy a home in East Grand Rapids, the decrease in home value may enable you to get more home for less money. Also, for those eligible for the federal home buyer tax credit, lower home prices present a great opportunity to purchase a home in one of the best communities around.

If your looking to buy a home or put your home on the market, another great web site for Grand Rapids Real Estate is Mlive.com. Check it out at http://realestate.mlive.com/.