Lansing MI Housing Market 2025: GLAR Insights & Challenges
A Bifurcated Market: Homeowners vs. First-Time Buyers The Greater Lansing housing market in 2025 presents a stark contrast between existing homeowners and first-time buyers. Current homeowners are largely benefiting from significant equity gains, driven by rising home values. This increased wealth provides them with options: refinancing, downsizing, or upgrading to larger properties. However, this positive outlook is not shared by first-time homebuyers. They face a drastically different reality, characterized by limited inventory and consequently, elevated prices....