Grand Rapids, Michigan, saw a 93.3% year-over-year surge in pending home sales—the highest among major U.S. metros. Driven by affordability and job growth, the market has just 1.0 month of inventory. Other Midwest cities like Madison and Cleveland are also gaining, while coastal markets cool, signaling a lasting shift toward value-driven migration. AI Summary
The Midwest is no longer simply a lower-cost alternative for homebuyers priced out of coastal markets.
Increasingly, it is becoming a destination in its own right, with Grand Rapids, Michigan, emerging as one of the clearest examples affordability redirecting housing demand across the country…