Absorption Report ~ Caledonia Michigan ~ March 2009

Posted on March 25, 2009 by Terry & Bonnie

Current Caledonia MI Real Estate Market Report

Absorption rate for Caledonia MI Market is currently 10.3 months,

which means if no other homes come on the market, it will take

10.3 months for the current inventory to sell at the current

sales rate. This is up slightly from last month.

There are 140 current active listings, from $54,900 to $1,100,000 in

Caledonia MI.

17 Pending Home Sales, and 78 Sold Homes since Sept 1, 2008.

The current average Caledonia home listed price is much higher

[about $317,583] than the average sold price [$178,164].

This shows me that the upper end of the Caledonia market is slow

to sell and the lower end (under $200K) is selling. Sold price per

square foot continues to slide downward. Homes are selling

and inventory has ticked up slightly. There are some excellent

buys in Caledonia, don’t wait until they are gone.

Caledonia February 2009 Absorption Report

Caledonia December 2008 Absorption Report

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Photo of Caledonia High School by Bonnie Westbrook

Sneak Preview ~ NE Grand Rapids Condo

Posted on March 25, 2009 by Terry & Bonnie

This neat as a pin NE Grand Rapids Condo is coming on the market soon,

probably by the end of March. This condo has an open floor plan with

kitchen, eating area, dining room, living room, master bedroom,

1.5 baths, & den/office on the first floor. The lower level walkout

has a bedroom, family room, full bath and storage. Privacy views in

the backyard is a real plus for condo living. South facing with lots

of natural light, this condo will be available for viewing soon.

ne grand rapids condo for sale

Contact me by email or phone: 1-888-240-1968 ext 0

terry@terrywestbrook.com

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Top Buys Waterfront Homes ~ Kent County Michigan March 2009

Posted on March 25, 2009 by Terry & Bonnie

Current market conditions have brought home prices down to levels we haven’t

seen in several years. All price levels and amenities have been affected.

Now may be a great time to purchase a Waterfront Home.

I have included a list of over 10 homes in Kent County Michigan in the

$200,000 to $300,000 price range with private water frontage.

Grand River Ada Michigan

MLS# Address Price

736193 8820 60th St 209,900

747019 7744 Thornapple Bayou Dr 235,000

731690 7720 Thornapple Drive SE 259,900

734853 2474 Grand River Dr NE 274,900

738877 3001 Thorncrest Dr SE 275,000

731411 7349 Kilmer Dr SE 275,000

734203 61 Honeycreek Ave NE 279,900

747116 3683 Jupiter Ave NE 289,900

742964 9101 Parmeter Ave NE 295,000

746525 472 9 Mile Rd NE 299,900

If you are eligible for a first time buyer tax credit, buying this home could

be less than you think.

The above link will take you to an explanation of the 2009 tax credit and some

possible applications I have provided.

If a leisure lifestyle appeals to you, this may be the perfect time to make

your move. I am always available for questions or details concerning

Michigan real estate.

Grand Rapids Ada Real Estate ~ Westbrook Realty

Grand River photo by Bonnie Westbrook

Future Mass Transit in Michigan to go Magnetic

Posted on March 23, 2009 by Terry & Bonnie

I feel like George Jetson is moving to Michigan. I just read a Treehugger article

about a new magnetic train proposed for Michigan in a Detroit to Lansing run.

It will be a magnetic train powered by solar and hydrogen. Wow, the Jetsons

seemed so out there when we were younger but all those far fetched ideas are

becoming everyday reality; such as smart machines, exercise machines,

robotic household help, and the visual phone. We don’t have a talking dog

or fly to work yet but who knows, anything is possible.

Talking dog?

The magnetic train system would be built along I96 expressway. It would

stop at local exits for commuters to get off and drive home or just have a

refreshment break from traveling. The rail would include fiber optic cables

for communication. All this is proposed to be built with private funds and

to be started but the announcement alone is a glimpse into our future.

Transportation is changing and I am not surprised that Michigan will be at

the forefront of these significant changes.

Would you ride in a magnetic train if it were available to you?

Magnetic Train Proposed: Detroit To Lansing Michigan – Hydrogen and Solar Energy Powered : TreeHugger

Grand Rapids – Ada Real Estate – Five Star Real Estate

Absorption Report ~ Forest Hills, Michigan Watermark Residences March 2009

Posted on March 23, 2009 by Terry & Bonnie

The Residences at Watermark are located on Watermark Golf Course just

south of Cascade Road. Yes, I play Watermark golf course every chance

I get. Watermark is a premier course with a friendly group of players.

It has an excellent grounds staff and a great pro shop staff, as well.

Watermark single family homes and condos make this a very attractive

place to live. Quality built homes with access off Cascade Road and

Spaulding Drive, you are close to the airport, 28th Street shopping,

I96 expressway and close to Cascade, Ada, and Forest Hills

schools and shopping areas.

Watermark Residences

March 2009 Real Estate Market Report

For Sale: 7

There are 7 active Watermark Homes currently on the market.

The average Watermark Homes current active price is $ 799,043.

The average Watermark Homes current price per sq ft is $ 260.32.

The average days on the market for active Watermark Homes is 153.

The high price is $ 2,700,000 and the low price is $ 179,800.

Sold: 7

There have been 7 Watermark Sold Homes since May 1, 2008.

The average Watermark Sold Homes price is $ 491,714.

The average Watermark Sold Homes price per sq ft is $193.81.

The average days on the market for Watermark Sold Homes is 71.

Pending: 0

Expired: 18

At the current rate of sales, we have a 8 month Absortion rate at the

Watermark Residences. This means that it will take 8 months for the

current listed homes to sell based on the current rate of sales.

If you would like further information about Watermark Residences

Cascade or Forest Hills Homes, please contact me directly:

1-888-240-1968 ext 0

terry@terrywestbrook.com

Watermark Residences February 2009 Market Report

Watermark Residences January 2009 Market Report

Watermark Residences December 2008 Market Report

Watermark Residences October 2008 Market Report

Watermark Country Club ~ Pool Time

Grand Rapids – Ada Real Estate – Five Star Real Estate

photo of Watermark Residences Entrance by Bonnie Westbrook

Watermark Country Club ~ Cascade Michigan ~ Pool Time!

Posted on March 23, 2009 by Terry & Bonnie

Watermark Country Club in Cascade Township has a wonderful pool facility.

We are not members but being members of the golf course we are allowed

to use the facility several times a year at a small charge.

Yesterday was POOL DAY!! Our grandson, Jeffy is up from Indianapolis for

his yearly “Grandparents Camp Week” with us. The pool is one of his favorite

places to go.

It was in the eighties and humid—perfect pool weather, even though the

clouds looked menacing. We had tried on Monday but got rained out before

we could get wet. The pool staff keeps a sharp eye on the weather and closes

the pool if a storm threatens. Watermark has lunch available poolside and

we had hamburgers and a hotdog to keep our energy up for the big day.

We took a couple of pictures, so you can see what a great place it is.

This is a shot of both pools, the adult pool with slide tower in back, and

the kid’s pool in front. There is a putting range behind the storage

building in the background for the kids to use.

The kids pool is THE MOST popular area – a small slide, 2 water shooting

animals to ride,and the dumping pails tower in the center make this fun

for big and little children.

The pool house has a men’s and women’s locker room with showers,

toilets and changing stations. An additional restroom is located close

to the pool. Grilled burgers and other lunch favorites are available until

the pool closes at 8 pm.

The sand box is a draw for big and little children. A small play structure, a

large play fort with slide, and a swing set are all set in this huge sand box.

Jeffy is on the right heading for the water spigot, he is excavating a water

trench with buckets and shovels.

That’s me taking a few swings at the driving range – just over the fence

from the pool.

The Watermark Residences

The Grille at Watermark

Watermark Country Club

If you would like further information about Forest Hills Homes, please

contact me directly: 1-888-240-1968

Terry@TerryWestbrook.com

Grand Rapids Michigan Real Estate – Westbrook Realty

Photos of Watermark pool area by Bonnie Westbrook

Real Estate in Grand Rapids, MI

Posted on March 19, 2009 by Terry & Bonnie

Showing a house to client to purchase.

Mobile post sent by TerryWestbrook using Utterli. Replies.

Rockford Michigan Absorption Report ~ March 2009

Posted on March 18, 2009 by Terry & Bonnie

Rockford Michigan Real Estate Market Report March 2009

Current Absorption Rate for Rockford Michigan is 25.58 months

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

it will take 25.58 months to sell current inventory.

Rockford Public Library Rockford MI

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

Homes Less than $200,000 Since Sept 1, 2008

208 Active Rockford MI Listings under $200,000

Sold Rockford Homes: 67

Average sold price $ 144,596

High sold price $200,000

Low sold price $40,000

Average Sold Price/SqFt $91.09

Over $ 200,000 Rockford MI Homes

163 Active Rockford MI Listings

Sold Rockford Homes 20

Average Rockford List Price: $ 348,502

Average Rockford Sold Price: $ 314,293

Average Sold Price/SqFt $124.52

High Sold Price $ 515,000

Low Sold Price $200,000

Inventories are increasing with the spring market and sales are

slowing in Rockford over the last 6 months. The absorption

rate is extremely high at 25.58 months. It is imperative that you

have your home in great condition and priced correctly. Over-priced

homes will not sell in this buyer’s market.

If you have any questions about a Rockford or

Grand Rapids MI homes, please contact me directly:

1-888-240-1968 ext 0

email: terry@terrywestbrook.com

Grand Rapids -Ada Real Estate – Five Star Real Estate

Photo of Rockford Public Library by Bonnie Westbrook

Grand Rapids Township MI Absorption Report ~ March 2009

Posted on March 18, 2009 by Terry & Bonnie

Current Absorption Rate for Grand Rapids Township homes is 11.65 months,

which means if no new listings come on the market, it will take 11.65 months

to sell the existing inventory of homes.

There are 167 Active listings currently for sale.

The average List price is $ 312,317

Average List price $/SqFt $141.83

86 Sold & Pending Grand Rapids Township Homes since 9-15-08.

The average SOLD price is $ 263,716

Average Sold Price /SqFt $123.70

High Sold Price $ 775,000

Low Sold Price $ 57,500

If you have questions about Grand Rapids Township or Grand

Rapids homes, please contact me directly:

1-888-240-1968 ext 0

email: terry@terrywestbrook.com

Grand Rapids -Ada Real Estate – Five Star Real Estate

Photo of Frederick Meijer Gardens Entrance by Bonnie Westbrook

Top Best Home Buys ~ Lowell Michigan ~ March 2009

Posted on March 18, 2009 by Terry & Bonnie

We have gathered a list of the top Lowell Houses 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.

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

The top home buys list is longer for Lowell this month.

Great opportunities to buy a Lowell Home at bargain prices.

The lowest price/Sq Ft range from $42.49 to $74.56 in Lowell

Best Buys.

March 2009 BEST BUY Lowell Homes

Lowest list price is $39,900

Highest list price is $316,800

The Top Lowell Homes to Buy by Price per Square Foot:

11216 Bluewater Hwy $ 39,900 920 Sq Ft $43.37/SqFt

3296 Whites Bridge Rd $ 75,500 1568 Sq Ft $48.15/SqFt

11704 E Bear Mdws SE $ 99,900 1400 Sq Ft $71.36/SqFt

11555 Peck Lake Rd $89,900 1310 Sq Ft $68.63/SqFt

6459 Kodiak Dr SE $109,998 1635 Sq Ft $67.27/SqFt

229 N Jefferson St $ 59,900 1100 Sq Ft $54.45/SqFt

319 N Monroe St $ 69,900 1645 Sq Ft $42.49/SqFt

803 Avery St $ 74,800 1731 Sq Ft $68.00/SqFt

1012 E Main St $ 74,900 1510 Sq Ft $49.60/SqFt

10235 Gee Dr $ 79,975 1352 Sq Ft $59.15/SqFt

230 S Hudson St $ 84,900 1504 Sq Ft $56.45/SqFt

2060 Conservation Trl $99,900 2036 Sq Ft $49.07/SqFt

206 S Division St $ 99,900 1507 Sq Ft $66.29/SqFt

110 Horatio St #112 $115,00 1612 Sq Ft $71.34/SqFt

216 W Main St#6 $129,000 2100 Sq Ft $61.43/SqFt

224 N Hudson St $139,900 2240 Sq Ft $62.46/SqFt

8986 36th St SE $316,800 4300 Sq Ft $73.67/SqFt

12327 4 Mile Rd NE $153,800 2200 Sq Ft $69.91/SqFt

3790 Ashley Ave NE $189,900 3800 Sq Ft $49.97SqFt

1201 Whites Bridge Rd $119,900 2800 Sq Ft $64.46/SqFt

14129 Fulton St E $ 41,400 660 Sq Ft $62.73/SqFt

1625 Sibley St $ 54,900 1536 Sq Ft $54.90/SqFt

11177 Woodbushe Dr $70,900 1200 Sq Ft $70.90/SqFt

14109 Fulton St E $ 78,900 1100 Sq Ft $71.73/SqFt

2838 Guildford Dr SE $ 79,900 1600 Sq Ft $49.94/SqFt

3043 Alden Nash Ave $99,900 1400 Sq Ft $71.36/SqFt

1033 Lincoln Lake $119,900 1800 Sq Ft $66.61/SqFt

13217 52nd St SE $210,000 2911 Sq Ft $72.14/SqFt

1494 Lincoln Lake NE $ 89,900 1440 Sq Ft $62.43/SqFt

12716 3 Mile Rd NE $169,900 3100 Sq Ft $54.81/SqFt

701 Fallasburg Park Dr $170,000 2280 Sq Ft $74.56/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 have questions about any of these homes, please

Or email : terry@terrywestbrook.com

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Grand Rapids Real Estate

Grand Rapids Real Estate Information

Monthly Archives: March 2009

Absorption Report ~ Caledonia Michigan ~ March 2009

Sneak Preview ~ NE Grand Rapids Condo

Top Buys Waterfront Homes ~ Kent County Michigan March 2009

Future Mass Transit in Michigan to go Magnetic

Absorption Report ~ Forest Hills, Michigan Watermark Residences March 2009

Watermark Country Club ~ Cascade Michigan ~ Pool Time!

Real Estate in Grand Rapids, MI

Rockford Michigan Absorption Report ~ March 2009

Rockford Michigan Real Estate Market Report March 2009

Grand Rapids Township MI Absorption Report ~ March 2009

Top Best Home Buys ~ Lowell Michigan ~ March 2009