Forest Hills Michigan Neighborhood Real Estate Report Watermark Residences January – May 2016

Forest Hills Michigan Neighborhood Real Estate Report

Watermark Residences January – May 2016

by Terry and Bonnie Westbrook

 

Quick Snapshot of Watermark Residences Real Estate Activity

January 1 through May 23, 2016

 

Cascade Township MI Neighborhood Real Estate Report

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Active Listings  2   

 

Sales Pending = 1

Sold Properties = 7

Average sold price  $ 506,812

 

Watermark Real Estate Market Synopsis:

Watermark Homes are selling for less than they

were a year ago, about a 10% drop in average price.

This could be due to condition and age, as some

of the properties are probably due for updates

 

Current home inventory is small, but sold

properties are above average for this Spring market.

Golf course homes are considered a desirable place

to live and appeal to both local and transfer buyers.

 

Watermark Residences offer different types

of housing.  Single family residential homes,

single family condo residences, and a few

townhouse residences.

 

Watermark Residences attract buyers who are

interested in the private golf course, club pool,

public restaurant,  and public work out facilities.

 

An additional attraction is access to play all 4

golf courses owned by the same management

with a golf membership to any of the three

following golf courses:

Sunnybrook Golf Course in Byron Center

Stonewater Golf Course in Caledonia,

Watermark Golf Course in Cascade

Thousand Oaks Golf Course in NE Grand Rapids

 

If you would like to view a Watermark or other golf

course home,  contact Terry: 616-292-7263

 

 

SEARCH FOR FOREST HILLS HOMES

Copyright 2016 All rights reserved.

____________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in

West Michigan. We believe: Grand Rapids is a Great Place to Live!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

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Forest Hills MI Neighborhood Real Estate Market Report Caravelle Village Jan-April 2016

Forest Hills MI Neighborhood Real Estate Market Report Caravelle Village Jan-April 2016

By Terry and Bonnie Westbrook

 

Caravelle Village 2016 Quick Market Snapshot:

January 1 to April 30, 2016

 

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Active For Sale Homes = 0

Pending Home Sales = 1

Sold Homes = 2                 $180,000 to $252,000

Average Sold Home Price = $ 218,666

 

Homes in Caravelle Village are selling in days,

typical of the shortage for affordable housing in Forest

Hills.  All three of these homes sold for close to or over

listed price within days of listing.  This seems like a dream

come true for sellers, but it does have a negative side.

If you are looking for a new home in Forest Hills, it

could take months to find and negotiate the sale of your

new home.  Meanwhile, the new buyers of your just sold

home are anxious to move in.  This housing dilemma is stifling

the market right now for many potential sellers.

 

 

Considering selling your Caravelle Village home?

Please contact Terry for an idea of what your house is worth

on today’s market.

 

If you would like information about buying or selling a

Forest Hills Home,  please contact Terry at 616-292-7263.

 

 

SEARCH FOR FOREST HILLS HOMES

 

Copyright 2016 All rights reserved

 

__________________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in

West Michigan. We believe: Grand Rapids is a Great Place to Live!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

 

 

Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos Jan – April 2016

Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos Jan-April 2016

By Terry and Bonnie Westbrook

 

Quick Snapshot of Quail Crest Condos Real Estate Activity

January 1 through April 30, 2016

QuailCrestCondosSign.jpg

 

Active Listings     0          

Pending Sales      2

Sold Properties   3        $210,000 to $251,000

Avg. Sale Price:             $226,229 

 

Quail Crest Condos are a desirable housing in 

the Forest Hills Area.  Condos are scarce here and this

subdivision offers older and newer construction.

New stand alone condo construction is almost if not

built out.  Demand from buyers is strong but this

doesn’t mean you can get top dollar for an outdated

condo here.  Statistics tell us you can expect to get ten

to twenty per cent less than homes in move in condition.

 

Quail Crest is located at the corner of Burton St and Spaulding

Avenue, near Watermark Golf Course, close to 28th St shopping and the

new SE YMCA complex that just opened this Spring.

 

Stand alone, 2 unit, and multiple unit condos are all part

of Quail Crest living.  New construction appears to be built out

or in the building process.

 

SEARCH FOR FOREST HILLS HOMES

Forest Hills Michigan Real Estate Articles

 

If you are interested in a Forest Hills Condo home, give Terry

a call for up-to-date information on this changing market.

____________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in

West Michigan.  We believe: Grand Rapids is a Great Place to Live!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Report Quail Crest Condos May Aug 2012  ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report Quail Crest Condos May Aug 2012

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry616-292-7263

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