Monthly Archives: January 2009

Ada Michigan Real Estate Market Report ~ Adatowne ~ January 2009

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Adatowne is a popular entry level home market in the Ada area of

the Greater Grand Rapids metropolitan area.

Part of the appeal is the proximity of Ada Elementary, Forest Hills

Central Middle and High Schools, Ada Christian Schools, St Roberts

School and being close to the village of Ada. Adatowne is an

established subdivision, started in the early 1970’s by E.L. Ladd

Builders of Ada.

I have held many open houses in these new plats

and sold many of the homes as new construction – to be built.

 

If you doubt the power of your home as an investment, a basic

ranch (about 1000 sq ft) sold  for $ 19,900 in 1975.

 

Adatowne Residential Neighborhood in Ada, Michigan

        January 2009 Real Estate Market Report

                    3  Sold, 2 Pending, 4 For Sale

Fall foliage in Ada MI

 

Adatowne Active Listings: 4

Adatowne Average Active price – $147,650

Adatowne Active average price/SqFt – $113.16

Adatowne Active average days on market – 94

 

Adatowne Sold Listings: 3

Adatowne Average Sold Price – $ 138,300

Adatowne Average sold price/SqFt – $ 119.19

Adatowne Average Sold days on market – 47

  

MARKET SYNOPSIS: Not much has changed since last month.

We have one less home on the market, which has reduced the

average price.  With the new trend of consumers downsizing,

the real estate market should remain strong and viable for

Adatowne homes, as long as they are in “great condition”

and priced at $110-120 a sq ft.

 

If you would like more information about Ada or Grand Rapids Homes,

please feel free to contact me directly.

 

Adatowne Market Report July 2008

Adatowne Market Report Aug 2008

Adatowne Market Report Sept 2008

Adatowne Market Report Oct 2008

Adatowne Market Report Nov 2008

 

Grand Rapids Ada MI Real Estate – Five Star Real Estate

Copyright 2008 All rights reserved

Photo of Ada MI fall foliage by Bonnie Westbrook

Ada Woods Neighborhood Real Estate Market Report ~ Grand Rapids Michigan Jan 2009

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Ada Woods is an established development of homes in Ada, Michigan,

just west of Ada and south of Fulton Street (M46).  Ada Woods started

out as an E.L. Ladd development, but towards the end of the project

many lots were sold to other builders and completed by individual owners.

  The dates of building range from 1980’s to 2005.  Most of the homes 

have more square footage and more amenities than Adacroft Commons,

its  adjacent neighborhood.  As with Adacroft Commons, there is designated

common land in the development that remains heavily wooded and in a

natural state.   This development is in the Forest Hills School System and

close to Ada Christian & St Roberts private schools.    

                     Ada Woods Real Estate Market Report

                                      January 2009

                        6 Sold, 2 For Sale, 9 Expired                  

 

Fall in Ada MI

Ada Woods Active Listings: 2

Ada Woods Average Active Price – $ 278,950

Ada Woods Average Active Price/SqFt – $129.51

Ada Woods Average Days on Market – 142

 

Ada Woods SOLD Listings: 6

Ada Woods Average Sold Price -$ 313,567

Ada Woods Average Sold Price/SqFt – $121.37

Ada Woods Average Sold Days on Market – 119

 

Ada Woods Expired Listings: 9

Ada Woods Average Expired Price – $ 319,678

Ada Woods Average Expired Price/SqFt – $ 135.51 

Ada Woods Average Expired Days on Market – 162

 

 

MARKET SYNOPSIS: The average sold price is the same as last month

but down about 8% from November. The average asking price has  went

down about 20% from last month.  The expired listings are up  which tells

me that some sellers have given up trying to get their price for now. 

If you don’t have your Ada Woods home priced about $ 120 a sq ft,

you will be waiting for a stronger sellers market to sell your home.

 

 

Ada Woods Market Report August 2008

Ada Woods Market Report Sept 2008

Ada Woods Market Report Oct 2008

Ada Woods Market Report Nov 2008

Ada Woods Market Report Dec 2008

 

If you have any questions about Grand Rapids or Ada Homes,

please contact me directly.

Grand Rapids Ada MI Real Estate – Five Star Real Estate

Copyright 2008  All Rights Reserved

Fall Color photo in Ada Mi photo by Bonnie Westbrook

Absorption Report for Grand Rapids Township ~ Jan 19,2009

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Grand Rapids Township Real Estate Market Report

 

Meijer Gardens Entrance2004 

 

Current Absorption Rate for Grand Rapids Township homes is 13.17 months,

which means if no new listings come on the market, it will take 13.17 months

to sell the existing inventory of homes.

 

74 Sold & Pending Grand Rapids Township Homes since 9-1-08.

There are 195 Active listings currently for sale.

The average List price is $ 316,076.

The average SOLD price is $ 251,415.

 

If you have questions about Grand Rapids Township or Grand

Rapids homes, please contact me directly.

 

Grand Rapids -Ada Real Estate – Five Star Real Estate

Copyright 2009  All rights reserved

Photo of Frederick Meijer Gardens Entrance by Bonnie Westbrook

Rockford MI Absorption Report ~ Jan 17, 2009

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Rockford Michigan Real Estate Market Report

Downtown Rockford Michigan

Current Absorption Rate for Rockford Michigan is 18.35 months on

average, which means if no new listings come on the market, it will take

18.35 months to sell current inventory.

The under $200K market is moving faster than the over $200K.

 

345 Active Listings in Rockford MI today.

132 Sold Rockford Homes since July 1, 2008 with high price

at $385,000 and the low price at $50,000.

22 Pending Home Sales since June 30, 2008 to date.

Average Rockford List Price:  $ 245,443

Average Rockford Sale Price: $ 207,554

 

If you have any questions about a Rockford or Grand Rapids

MI homes, please contact me directly.

Grand Rapids -Ada Real Estate – Five Star Real Estate

Copyright 2008  All rights reserved

Photo of Downtown Rockford by Bonnie Westbrook

Why RSS should be on Your Browser

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With all the technology, widgets, flyers, social media hype, it is easy to

overlook the obvious and the basic items on the web.  I’m talking RSS.

I subscribe to RSS NEWS FEEDS and blogs because it is the fastest, most

efficient way to see if there is new info out there I want to read. 

If you haven’t investigated or signed up for your news and blogs this way,

DO IT NOW!!!

sharing ideas

Laura Bergells, on Chief Information Officer blog, has an excellent point by

point post on WHY and HOW you should use RSS.

RSS feeds not only update you quickly on what is being posted by your

favorite news sources & bloggers, it is also food for blogs.  Let’s face it,

we all just disseminate information to each other.  If you aren’t out there

gathering  from the INFO TREE, you will have nothing new to interest

readers.

 

A great site for RSS Lists is www.Alltop.com. 

Here is a typical page on Aviation for today.

 

             So go ahead and RSS.

You will never go back to the old way of

searching out information by Google or Yahoo!

 

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Copyright 2009 All rights reserved

$25 Can Make a Difference in World Poverty

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The January Series is back at Calvin College this month. We have several

talks that we have attended already. Today, we have an offer we are

preparing and the wind chill is -18 Degrees. I decided to stay home and

listen live to the 1 hour presentation by film director, Robert Rooy, on

Microfinance – Changing lives in Poverty. Robert has filmed all over the

world for non-profits so they can tell their stories via film. He is an

accomplished director and donates his off time to helping non-profits film

in remote locations.

He recommends Kiva.org as a means to donate to microfinance small business

opportunities for poor people all over the planet. This system really works.

So I checked it out and I am now helping Mujeres Unidos Group in Peru.

I will get monthly updates on their progress, whether they pay the loan back

and just how it helps their lives. Ain’t the internet great?

You get to choose where your money goes, and you get updates on how

they are doing. Paypal makes the payment easy and safe.

Please go to Kiva.org and take a look. You can donate as little as $25.

You could make a difference in someone’s life today.

For the price of a lunch for the two of us, we can actually

help people rise out of poverty.

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Copyright 2009 ~ All rights reserved

3 BDR Wyoming Ranch Home for Sale

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Contemporary 3 Bedroom Home Wyoming MI
Main Photo

Location: Wyoming , MI

This terrific, well maintained ranch on a quiet tree lined street in Wyoming is at 1029 Iowa St SW .
This home is clean and neat with many rooms freshly painted and refinished oak hardwood floors in the living, dining, and hall. On the main level are 3 Bedrooms, a full remodeled bath, and a spacious living room with a vaulted ceiling and a sliding door to the back yard deck. A separate dining area and a contemporary kitchen with easy care laminate cabinets. A private rear yard that is fenced in has plenty of room for hobby activities, such as gardening or children’s play areas, also includes a storage shed for yard equipment. Finished living area on the main level is approx 1100 sq ft.
Special amenities include a large recreation room on the lower level that is partially finished with dry wall, prepped for a ceiling, and has the floors freshly painted. A separate area for workshop, storage and laundry facilities are included. This great home has a home warranty & all appliances included. It is a convenient location to shopping, churches, schools, and expressways.

Email me at terry@terrywestbrook.com or call 1-888-240-1968 ext 0
More info & photos at our website: http://www.terrywestbrook.com
Information
Contact Information
Pricing
Price: $89,500.00
Property Location
1029 Iowa St SW
Wyoming , MI 49509
View Map
Features
Bedrooms: 3
Bathrooms: 1
Parking Spaces: off street
Year Built: 1955
Lot Size: 69x123x69x123
School District: Godwin Heights
Square Footage: 1100
Agent Name: Terry Westbrook
Broker: Five Star Real Estate LLC
MLS #: 721583
Attributes
Appliances
Range/Oven
Full Refrigerator
Washer/Dryer
Dishwasher
Sink Disposal
Microwave
Interior Amenities
Hardwood Floors
Vaulted Ceilings
Basement
Exterior Amenities
Fenced Yard
Grass Lawn
Tool Shed
Wooden Deck
Photo Gallery

East Grand Rapids MI Absorption Report ~ Jan 2009

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Current Real Estate Market Report for East Grand Rapids MI

 

EGR library 

Absorption rate for East Grand Rapids MI housing market is currently

at 12.9 months, which means if no new listings come on the

East Grand Rapids market, it will take 12.9 months for the existing

home inventory to sell.

 

There are 140 active listings on the East Grand Rapids market now,

ranging from $99,900 to $4,000,000.

 

12 Pending Home Sales w/ prices ranging from $ 48,000 to $ 325,000.

 

85 Sold Homes with sold prices ranging from $ 52,000 to $ 680,000

since July 1, 2008 in the East Grand Rapids housing inventory.

The lower end of this market (under $300K) has been 2/3 of the sales

in the last six months.

 

If you have any questions about the value of your East GR home,

please contact me. 

 

Grand Rapids Ada MI Real Estate ~ Five Star Realty

copyright 2008 All rights reserved

Photo of East Grand Rapids Public Library by Bonnie Westbrook

January Series 2009 by Calvin ~ Free Lectures

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Calvin College is presenting their 22nd January Series – a liberal education

for the local community. Featuring world class speakers on topical subjects to

enlighten and educate our community.  This effort is underwritten by local

businesses and charities.  The 2009 line up of speakers can be seen here.

This year they are promoting new remote locations for viewing, which are

here in Western Michigan, but also locations all over the country and in

Canada.

Calvin College also offers The Archives online. You can listen to speakers

for the past 11 years in the comfort of your home.

It is not too late to catch a lecture. There are 7 speakers left on this year’s

agenda, including Christine Brennan, female sports columnist for USA

Today and Ayaan Hirsi Ali, named one of Time Magazine’s 100 Most

Influential People.

These are two speakers we plan on hearing in person.

Grand Rapids  Real Estate ~ Westbrook Realty

Copyright 2009 ~ All rights reserved

Top Buys Kentwood Condos January 2009

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We have gathered a list of the top Kentwood Condo

Homes to buy. Please note that this list can change daily

as some homes sell, prices are adjusted and other homes

come on the market. Check back often or just subscribe

to our blog to get up-to-date local real estate information

that you want to know.

j0427594

The total square footage is noted here, although only the main

 floors are used to figure price per square foot. The lowest

price/Sq Ft range from $34.13 to $63.86  for  Kentwood Condos.

 The lowest list price is $44,100 and the highest list price is

$114,900 for January 2009 BEST BUY Condo Homes in Kentwood.  

 

The Top Kentwood Condos to Buy by Price per Square Foot:  

 

 268 Carriage Ln SW    $ 69,900   1150 Sq Ft   $60.78/SqFt

4157  W Saxony Dr SE  $ 44,100   1292 Sq Ft   $34.13/SqFt

4157 W Saxony Dr SE  $ 50,900   2189 Sq Ft   $34.25/SqFt

4157 W Saxony Dr#3  $ 50,900   2189 Sq Ft    $34.18/SqFt  

 

4163 W Saxony Dr      $ 54,900   1890 Sq Ft    $36.85/SqFt

 4165 W Saxony Dr      $ 74,000   1750 Sq Ft    $58.18/SqFt

 4137 E Saxony Dr SE  $ 89,900    1847 Sq Ft   $59.81/SqFt

 3505 Whispering Brook $ 44,900   919 Sq Ft   $48.86/SqFt  

 

670 Andover St SE      $ 47,000     736 Sq Ft    $63.86/SqFt

 910 Andover Ct SE     $ 49,800      870 Sq Ft    $57.24/SqFt

 637 Blue Ash Dr SE     $ 49,900     1400 Sq Ft   $35.64/SqFt

 832 Andover Ct SE     $ 49,900       870 Sq Ft    $57.36/SqFt   

 

5161 SouthGlow Ct   $ 52,500      870 Sq Ft    $60.34/SqFt

 5661 Leisure S #13  $ 53,000      896 Sq Ft     $63.06/SqFt

5643 Leisure S Dr     $ 56,500      896 Sq Ft     $63.06/SqFt

2864 32nd St SE       $ 64,500    1100 Sq Ft    $58.64/SqFt  

 

3259 Piccadilly Cir SE $ 74,900    1680 Sq Ft    $44.58/SqFt

4296 Walnut Hills#9  $ 83,900    1661 Sq Ft    $50.51/SqFt

3362 Pine Meadow    $ 85,000   1343 SqFt     $63.29/SqFt

3942 Old Elm Dr SE   $ 92,900    1476 SqFt     $62.94/SqFt  

 

 4121 S Norway St SE $114,900  1830 SqFt    $62.79/SqFt  

 

 *Some of these homes may be bank owned foreclosures and not

 habitable as is or available for a mortgage in present condition.*  

 

 If you would like a list of top best buys in your area, please

contact us through our web site:

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Copyright 2009 All rights reserved