Colin Gage - REALTOR

04/23/2026

March 2026 Market Update - SE FL

Monthly supply of inventory for Miami-Dade decreased from March 2025 to March 2026 by 5% for single-family homes and 1.5% for townhouses/condos. Broward decreased by 11.1% for single-family homes and 5.8% for townhouses and condos. For the same property types, respectively, Palm Beach decreased by 19% and nearly 17.5%.

Miami-Dade County shows modest median sale price gains of 0.6% for single family homes and 1.7% increase for townhouses/condos. Broward County saw a decrease of 5.5% for single family homes and a decrease of 3.7% for townhouses/condos. Lastly, Palm Beach saw median sale price gains of 3.2% for single family homes and 6.5% gain for townhouses/condos. Homes in all categories and these three areas are sitting longer this year than last, with the exception of Palm Beach single family (flat). Buyers are being more selective, often exploring more options and more carefully negotiating contracts.

I’m happy to assist if you’re considering a move (or a second home) in FL!

04/16/2026

March 2026 Market Update - West Michigan

Greater Grand Rapids Metro area year over year inventory supply for March 2026 is up slightly 0.1 months compared to March 2025 at 1.0 months, with average sale price up about 4.7% compared to March 2025 . Kent County’s inventory also increased by 0.1 months, with average sale up by 3.7%. Ottawa County inventory supply remained flat at 1.3 months, with average sale price up 4.5% as well year over year. Days on market are very similar to this same time last year, except Ottawa’s average days on market increased by 8 days.

As a reminder, when we measure “monthly supply” of inventory, it would essentially be if no new homes were listed, how long would it take for the supply we have to sell out. This number is influenced not only by how many active listings there are, but also how many are selling.

Buyers – March into April usually starts an increase in inventory, which usually tapers back off around October. Unfortunately, it also tends to result in more competition, so it’s best to be prepared. If you’re considering a move soon, it’s best to contact a lender now to get working on a pre-approval (I have a few I like to work with if you need one).

Sellers – It’s always been, but has become increasingly important to work with a knowledgeable real estate professional who can guide you through a proper pricing and marketing strategy. Correctly pricing and marketing a listing is key, even in a low supply environment; pricing too high/low carries a higher cost than you’d expect. Let’s chat about your goals and timelines now to game plan.

Feel free to reach out for a more in-depth and localized analysis of what your home is worth, trends in your area, or any real estate related questions you may have.

11/21/2025

October 2025 Market Update - SE FL

Monthly supply of inventory for Miami-Dade increased from October 2024 to October 2025 by 25% for single-family homes and 31% for townhouses/condos. Broward increased by 17% for single-family homes and 27% for townhouses and condos. For the same property types, respectively, Palm Beach increased by 2% and nearly 14%. While high and large gains over 2024, these have been fairly consistent for most of 2025.

With these supply increases YOY, Miami-Dade County shows more modest median sale price gains of 1.7% for single family homes and a 3.6% decline for townhouses/condos. Broward County saw a decrease of 0.6% for single family homes and a decrease of 7.5% for townhouses/condos. Lastly, Palm Beach saw median sale price gains of 3.5% for single family homes and 3.3% gain for townhouses/condos. Homes in all categories and these three areas are sitting longer this year than last.

SE Florida has historically proven that it can support higher inventory supply levels than many other areas (6-7 months), which we’ve now well exceeded for condos and townhouses. While there aren’t any signs of significant depreciation coming, the increased supply has slowed growth momentum or caused decline in some cases. As we close out a much less destructive hurricane season this year, hopefully we’ll see insurance costs further improve; as well as volatility and additional catchup of HOA reserves and special assessments slow down. Buyers for condos and townhouses currently have the upper hand right now and quoting insurance outside of hurricane season is often more favorable. Let me know if you’re considering a move (or a second home) in FL!

11/21/2025

October 2025 Market Update - West Michigan

Greater Grand Rapids Metro area year over year inventory supply for October 2025 is equal to October 2024 at 1.6 months, with average sale price up about 1.2% compared to October 2024 . Kent County’s inventory increased by 0.1 months, with average sale up by 3.9%. Ottawa County inventory supply decreased by 0.2 months, with average sale price up 3.9% as well year over year. Days on market are very similar to this same time last year.

As a reminder, when we measure “monthly supply” of inventory, it would essentially be if no new homes were listed, how long would it take for the supply we have to sell out. This number is influenced not only by how many active listings there are, but also how many are selling.

Buyers – For the last three years, October inventory was the highest of the entire year. Inventory supply has usually decreased by a quarter or half leading up to Spring inventory. While more inventory doesn’t always necessarily mean desirable inventory, there continues to be more opportunities for buyers right now to negotiate a fair deal and avoid much of the multiple-offer bidding war madness. Rates have trickled down slightly recently, though do teeter regularly, so it’s best to contact a lender now to get working on a pre-approval (I have a few I like to work with if you need one).

Sellers – It’s always been, but has become increasingly important to work with a knowledgeable real estate professional who can guide you through a proper pricing and marketing strategy. Correctly pricing and marketing a listing is key, even in a low supply environment; pricing too high/low carries a higher cost than you’d expect. Homes are currently sitting on the market longer, with price reductions becoming more common. Let’s chat about your goals and timelines now to game plan.

Feel free to reach out for a more in-depth and localized analysis of what your home is worth, trends in your area, or any real estate related questions you may have.

11/19/2025

Here's a forecast from NAR economists. What do you think will happen in 2026?

NAR economists predict home sales will climb in 2026 as mortgage rates ease, buyer demand strengthens and price growth continues despite uneven market conditions.

11/14/2025

Discover your next home! Join me at open houses Saturday November 15th and Sunday, November 16th, 12-1:30pm for this beautiful 5 bed, 3.5 bath home in Ada!

11/12/2025

Open Houses this Saturday and Sunday, November 15 & 16th, 12-1:30pm!

11/06/2025

***New Listing***

Welcome to 5959 Pheasant View Dr NE, a serene retreat tucked away on a quiet cul-de-sac in Ada.

This beautiful 5-bedroom, 3.5-bath home offers the perfect blend of comfort, craftsmanship, and convenience. Designed with an open-concept layout, the main level features a stunning two-sided fireplace, expansive windows that fill the space with natural light, and seamless flow between the living, dining, and kitchen areas; ideal for both entertaining and everyday living.

Upstairs you’ll find three spacious bedrooms, while the finished lower level includes a large family room with a wet bar and a walkout to your nearly 1-acre partially wooded lot; perfect for enjoying peaceful mornings or evening gatherings surrounded by nature.

Thoughtful updates and premium features throughout include a Generac whole-home generator, solid 2x6 construction, professional exterior lighting added in 2024, and a fully finished garage with a pristine polyaspartic floor and a Mitsubishi mini split system for year-round climate control.

Enjoy the best of outdoor living with direct access to over 2 miles of groomed walking trails from both the front and back of the property, and take advantage of two beautiful community ponds stocked with smallmouth bass and bluegill which transform into community hockey rinks in the winter months. Experience peaceful living, modern amenities, and a vibrant community, all within the highly desirable Ada area.

10/21/2025

***New Listing ***

Charming 2-bedroom, 1-bath ranch located in a convenient Wyoming neighborhood close to parks, schools, and shopping centers. This home features a spacious living room with large bay windows offering plenty of natural light, a functional kitchen and dining area, and a partially finished basement providing additional living or storage space. Enjoy the outdoors in the partially fenced backyard—perfect for relaxing, gardening, or entertaining. With its great location and comfortable layout, this home is an excellent opportunity for first-time buyers, downsizers, or investors.