Forest Hills Michigan Neighborhood Real Estate Report East Village 2011

Forest Hills Michigan Neighborhood Real Estate Report  East Village 2011

Quick Snapshot of East Village Residences Real Estate Activity

                        January 1 through December 31, 2011

Sculpture at Meijer Gardens

Active Listings – 3        $365,000 to $ 499,900

Pending Sales – 0

Sold Properties – 8

Average Sold Price – $396,500

Commentary on 2011 Sold prices:  Although 5 of the sold homes

in 2011 were $400K or over, the 3 sales under that figure

drew the average sales price down.  This is happening all over

the nation, distressed properties, foreclosures and short

sales are still driving prices downward, even in popular neighborhoods.

SEARCH FOR FOREST HILLS HOMES

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Forest Hills Michigan Real Estate Articles

 

If you are interested in buying or selling a Forest Hills home,

call Terry for the latest neighborhood info.

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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!

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Ada Michigan Neighborhood Real Estate Report – Clements Mill 2011

Ada Michigan Neighborhood Real Estate Report – Clements Mill 2011

Quick Snapshot of Clements Mill Real Estate Activity

               January 1 through December 31, 2011

snow on trees

Active Listings = 3

Pending Sold Properties =  0

Sold Properties = 10

2011 Average Sold Price = $ 272,040

If you would like more information about a Clement Mills

home, please contact Terry at 616-292-7263.

 

SEARCH FOR FOREST HILLS HOMES

Clements Mill Video Tour

Ada Michigan Photo Set

Real Estate Myth #7 – Waiting until Spring Will Get you More Money

Ada Michigan Real Estate Articles

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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!

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                          Contact Terry   616-292-7263

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Forest Hills Michigan Top Best Buy Homes Dec 2011

Forest Hills Michigan Top Best Buy Homes Dec 2011

Top Best Buy Forest Hills Homes (Ada-Cascade) for Sale,

based on price per square foot. Price per square foot is a great

leveler, if two homes are compared by square foot pricing, you

get a much better picture of whether the home is overpriced

compared to similarly sized and priced homes.

 

FHCsign thumb Forest Hills Michigan Top Best Buy Homes Nov 2011

The following list is focused on homes priced from $80-99/sq ft:

 

7061 Cascade Rd             $129,000    1351 Sq Ft    $95.48/SqFt

1724 Forest Lake Dr       $129,900     1362 Sq Ft    $95.37/SqFt

2350 4 Mile Rd  NE           $139,000    1527 Sq Ft    $91.03/SqFt

2580 Linda Ave               $145,000     1472 Sq Ft    $98.51/SqFt

2147 Shiloh Point Dr       $154,900     1895 Sq Ft    $81.74/SqFt

 

6966 Rix St SE                $168,000      1700 Sq Ft    $98.82/SqFt

3104 Wilfred Ave NE      $158,000     1700 Sq Ft    $92.94/SqFt

6111 Del Cano                 $169,900     1726 Sq Ft   $98.44/SqFt

6346 Duxbury Dr SE         $187,900    2340 Sq Ft    $80.30/SqFt

8643 Fulton Ave E           $189,900     2020 Sq Ft   $94.01/SqFt

 

1460 Buttrick Ave SE      $199,900     2344 Sq Ft   $85.28/SqFt

4475 Knapp St NE            $199,900     2168 Sq Ft   $92.20/SqFt

3635 Goodwood Dr SE    $210,000    2372 Sq Ft    $88.53/SqFt

4600 Whitneyville           $220,000    2400 Sq Ft    $91.67/SqFt

2061 Thornapple River   $224,900    2286 Sq Ft    $98.38/SqFt

 

4504 Orchard Crk           $224,900     2418 Sq Ft   $93.01/SqFt

2850 Hayward Dr SE      $239,900     2743 Sq Ft   $87.46/SqFt

5900 Hall St                    $239,900     2880 Sq Ft   $83.30/SqFt

2600 Riveredge             $240,000     2928 Sq Ft   $81.97/SqFt

8830 Grand River Dr      $249,000     2806 Sq Ft   $88.74/SqFt

 

 

 

 

 

 

 

 

 

 

 

 

126 pending or sold homes for the last month in Forest Hills School District.

There are fewer homes for sale, also.  If you are willing to do repairs and

updates, there are still a few good buys at historically low interest rates.

The homes in the most up-to-date condition sell the fastest, as most buyers

do not want to do any repairs or updates.  Distressed homes are

fewer and home prices are on the rise in Forest Hills at the close of 2011.

 

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market.

 

 

 

 

 

 

 

Search For Forest Hills Homes

Search Short Sale & Bank Owned Forest Hills Homes

 

More Forest Hills Michigan Real Estate Articles

 

If you would like to see a Forest Hills Home, please contact

us at 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

___________________________________________________________________________________________________

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!

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Westbrook Realty Grand Rapids MI Real Estate

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Forest Hills Michigan Top Best Buy Homes Dec 2011

Population Growth in Kent County Michigan

Population Growth in Kent County Michigan

Which areas within the county are people moving to?

GR MAP

The townships that grew the most in the last 10 years are:

Ada, Caledonia, Courtland, Algoma, Byron, Gaines and Lowell.

These areas have seen a twenty per cent growth in the last 10 years

while Kent County as a whole has seen a six per cent population growth.

 

In our opinion, these population growth spurts usually follow jobs

and life-style choices.  All of the above areas are near Grand Rapids but

offer a suburban life-style and proximity to large employers and good school

systems.

 

SEARCH ADA MI HOMES

 

SEARCH CALEDONIA MI HOMES

 

SEARCH ROCKFORD MI HOMES

 

SEARCH BYRON MI HOMES

 

SEARCH LOWELL MI HOMES

 

________________________________________________________________________________________________

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!

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Westbrook Realty Grand Rapids MI Real Estate

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Grand Rapids Michigan November 2011 Sales Stats

Grand Rapids Michigan November 2011 Sales Stats

The November home sales statistics are in and the news looks good.

Sales are up in November across the board in all price ranges.

The price range that has seen the most activity is $100,00 – $ 139,999;

almost 1 in 5 homes sold in November 2011 were in this price category,

with overall highs ranging over $1 million and lows under $ 19,000.

 

Grand_rapids_home

The Grand Rapids housing market has 24.6% fewer listings year-to-date

than last year.  This means shrinking inventory for buyers and good news for

sellers. 

 

The Average Home Sales Price is up from 2010 by about 3%; from $ 118,217

to $121,920.  In our opinion, this increase is caused by the REO’s and foreclosure

sales numbers are down and more banks are embracing short sales.

 

Please note these prices are averages for the whole Grand Rapids market.

If you would like to know what prices are in your neighborhood, give Terry a call.

 

SEARCH GRAND RAPIDS HOMES

________________________________________________________________________________________________

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!

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Forest Hills Michigan Waterfront Homes Dec 2011

Forest Hills Michigan Waterfront Homes Dec 2011

Many people searching for a waterfront home will be planning

on actually buying in the spring, so they can enjoy the waterfront all

summer.  If you want to get the best price and the best selection,

you need to consider an off-season purchase. 

 

Thornapple River Kent County Michigan

Winter is an excellent time to buy a waterfront home in Forest Hills, MI.

Not only will you have fewer competitors looking for that perfect home,

you will also have the leisure to negotiate.  And do a little redecorating or

altering the home to fit your needs, once you are an owner.  This gives

you ample time to be ready for the busy summer season when you just

want to sit back enjoy your Forest Hills Michigan waterfront home.

 

SEARCH FOREST HILLS HOMES

________________________________________________________________________________________________

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!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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Forest Hills Michigan Top Best Buy Homes Nov 2011

Forest Hills Michigan Top Best Buy Homes Nov 2011

Top Best Buy Forest Hills Homes (Ada-Cascade) for Sale,

based on price per square foot. Price per square foot is a great

leveler, if two homes are compared by square foot pricing, you

get a much better picture of whether the home is overpriced

compared to similarly sized and priced homes.

The following list is focused on homes priced from $80-99/sq ft

and under $200,000:

 

FHC sign

The Top Forest Hills Homes to Buy by Price per Square Foot:

2512 Appleton Dr NE       $99,900    1224 Sq Ft     $81.62/SqFt

549 Adapointe SE            $123,900   1296 Sq Ft    $695.60/SqFt

7061 Cascade Rd             $129,000    1351 Sq Ft    $95.48/SqFt

7151 Oran Dr                    $129,900     1508 Sq Ft    $86.14/SqFt

2350 4 Mile Rd  NE           $139,000    1527 Sq Ft    $691.03/SqFt

2580 Linda Ave               $145,000     1472 Sq Ft    $98.51/SqFt

3104 Wilfred Ave NE      $158,000     1700 Sq Ft    $92.94/SqFt

6181 Witherbee Dr SE    $165,900    2022 Sq Ft   $82.05/SqFt

6111 Del Cano                 $169,900     1726 Sq Ft   $98.44/SqFt

6588 Tanglewood            $170,000     1977 Sq Ft   $85.99/SqFt

5775 Hall St SE                 $174,900    2064 Sq Ft    $84.74/SqFt

7244 Thorncrest              $179,900   2077 Sq Ft    $86.62/SqFt

6346 Duxbury Dr SE         $187,900    2340 Sq Ft    $80.30/SqFt

8643 Fulton Ave E           $189,900     2020 Sq Ft   $94.01/SqFt

1460 Buttrick Ave SE      $199,900     2344 Sq Ft   $85.28/SqFt

3556 Reeds Lake Blvd    $200,000    2152 Sq Ft   $92.94/SqFt

 

126 pending or sold homes for the last month in Forest Hills School District.

There are fewer homes for sale, also.  If you are willing to do repairs and

updates, there are still a few good buys at historically low interest rates.

The homes in the most up-to-date condition sell the fastest, as most buyers

do not want to do any repairs or updates.  Distressed homes are

fewer and home prices are on the rise in Forest Hills for Nov. 2011.

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market.

 

Search For Forest Hills Homes

Search Short Sale & Bank Owned Forest Hills Homes

More Forest Hills Michigan Real Estate Articles

If you would like to see a Forest Hills Home, please contact

us at 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

___________________________________________________________________________________________________

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!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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Forest Hills Michigan Neighborhood Real Estate Market Report Ada Moorings Oct 2011

Forest Hills Michigan Neighborhood Real Estate Market Report  Ada Moorings  Oct 2011

Ada Moorings homes are located off scenic Grand River Drive,

just east of Ada. there is a walking path to Ada Township Park. A

development built by Eastbrook Builders, these quality built homes

and condos in Forest Hills Public School District.  Close to the village

of Ada and not far from the village of Cascade, this subdivision is near

28th Street, the Thornapple and the Grand Rivers.

Ada park entrance

         Ada Moorings Market Report October 2011

         

Active Listings: 2

Pending Sales:  1

SOLD Listings:   6

Average Sold Price = $ 238,950

Average Sold Price/SqFt = $ 115.05

 

The Absorption Rate for Ada Moorings Homes is 2

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

it will take 2 months for the existing homes to sell at the

current rate of sales.  The average sale price has only dropped

about $4000 in the last 3 years, less than 2%.

 

SEARCH FOR FOREST HILLS HOMES

 

If you would like to know the value of your Ada-Cascade or

Grand Rapids Home, please contact me directly.

Copyright 2011  All rights reserved

 

Additional Articles about Buying a Forest Hills Home:

Forest Hills Michigan Real Estate

10 Questions to Ask Home Inspectors

Common Closing Costs for Buyers

Take the Stress Out of Home Buying

photo of the Grand River in Ada  by Bonnie Westbrook

Copyright 2011  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!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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Grand Rapids Forest Hills Waterfront Home is Very Affordable

Grand Rapids Forest Hills Waterfront Home is Very Affordable.

The average sold price in Forest Hills Waterfront homes

today is $325,000, which is based on all home sales in

the last 90 days.  Based on the same criteria, lets track

the Forest Hills Waterfront home average sold price every

month since the first of the year:

  • January 31, it was: $514,000
  • February 28, it was $400,000
  • March 31, it was $450,000
  • April 30, it was  $364,750
  • May 31, it was $342,000
  • June 30, it was: $211,472
  • July 31, it was: $498,300
  • Aug 31, it was $338,642
  • Sept 30, it was $299,950
  • Oct 31, it was $ 308,383

What this looks like is the average sold price has declined 40% since

the beginning of the year.  This may or may not be true for every home,

but prices are not going up yet.

Online today a 15-year fixed loan is being touted at 3.31%, 30 year loan

rate is 4%, as of today. 

The Bottom Line :

If you are considering purchasing a Forest Hills Waterfront home and

if you are going to get a loan, we have not seen a better buying condition

in our area in a very, very long time. Think at least a decade, if not more.

 

SEARCH FOREST HILLS HOMES

_____________________________________________________________________________

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!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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Forest Hills Michigan Top Best Buy Homes Oct 2011

Forest Hills Michigan Top Best Buy Homes Oct 2011

Top Best Buy Forest Hills Homes (Ada-Cascade) for Sale,

based on price per square foot. Price per square foot is a great

leveler, if two homes are compared by square foot pricing, you

get a much better picture of whether the home is overpriced

compared to similarly sized and priced homes.

 Pumpkins

The Top Forest Hills Homes to Buy by Price per Square Foot:

410 Pettis  Ave SE             $48,000   1012 Sq Ft     $ 47.43/SqFt

4485 Whitneyville             $67,900    1312 Sq Ft     $51.75/SqFt

2675 Dunnigan Ave NE    $81,500    1176 Sq Ft     $69.30/SqFt

111 Greenbriar  Dr            $82,300    1610 Sq Ft     $51.12/SqFt

3580 Vineyard Ave NE     $89,000    1186 Sq Ft     $75.04/SqFt

4447 Burton St SE             $99,900    1290 Sq Ft     $77.44/SqFt

2456 San Marie Dr SE       $104,900   1748 Sq Ft    $60.01/SqFt

3715 Lake Dr SE                $124,900    1410 Sq Ft    $88.58/SqFt

7151 Oran Dr                    $134,900     1508 Sq Ft    $89.46/SqFt

6384 Cascade Rd             $139,900    2300 Sq Ft    $60.83/SqFt

1607 Thornapple Dr         $139,900    1806 Sq Ft    $77.46/SqFt

7342 30th St SE                $139,900    2176 Sq Ft    $64.29/SqFt

6905 Adaridge Dr SE        $156,500    1896 SqFt    $82.54/SqFt

4662 E Forest Dr              $164,900     2212 Sq Ft   $74.55/SqFt

6181 Witherbee Dr SE      $165,900    2022 Sq Ft   $82.05/SqFt

7535 Woodvale Dr           $169,900     2242 Sq Ft   $75.78/SqFt

6588 Tanglewood            $170,000     1977 Sq Ft   $85.99/SqFt

4116 Burton St SE           $170,000     2682 Sq Ft   $63.39/SqFt

1141 Thornapple River   $175,900    2056 Sq Ft   $85.55/SqFt

7244 Thorncrest              $179,900   2077 Sq Ft    $86.62/SqFt

5775 Hall St SE                 $182,900    2064 Sq Ft    $88.61/SqFt

6346 Duxbury Dr SE         $187,900    2340 Sq Ft    $80.30/SqFt

2105 Forest Hills Ave       $209,800   2750 Sq Ft    $76.29/SqFt  

7331 Leyton Dr SE            $219,900    3593 Sq Ft    $61.20/SqFt

5236 Whitneyville Ave     $220,000    3648 Sq Ft    $60.31/SqFt

 

5900 Hall St SE                 $239,900    2880 Sq Ft    $83.30/SqFt

2600 Riveredge Dr SE      $240,000    2928 Sq Ft    $81.97/SqFt

8275 Bailey Dr SE            $249,900    3192 Sq Ft    $78.29/SqFt

146 Honeycreek Crk       $259,900    3536 Sq Ft   $73.50/SqFt

3410 Brookpoint Dr         $264,750    2960 Sq Ft    $89.44/SqFt

7699 Cascade Rd SE       $295,900     3600 Sq Ft   $82.19/SqFt

Average sold price is up this month in Forest Hills School District.

If you are willing to do repairs and update a home, there are still some

good buys at historically low interest rates. The homes in the most

up-to-date condition sell the fastest, as most buyers

do not want to do any repairs or updates.  Distressed homes are

fewer and home prices are on the rise in Forest Hills for Sept. 2011.

 

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market.

Search For Forest Hills Homes

Search Short Sale & Bank Owned Forest Hills Homes

More Forest Hills Michigan Real Estate Articles

If you would like to see a Forest Hills Home, please contact

us at 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

___________________________________________________________________________________________________

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 Top Best Buy Homes Sept 2011 ar125812218972939 Forest Hills Michigan Top Best Buy Homes Sept 2011 ar125812225271331 Forest Hills Michigan Top Best Buy Homes Sept 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM