Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village Jan – April 2012

Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village  2012

Caravelle Village 2012 Quick Market Snapshot:

  January 1 , 2012 to April 30, 2012

Cascade Park Cascade MI

Active For Sale Homes = 4          $149,900  to $ 195,000

Pending Home Sales = 1

Sold Homes = 9

Average Sold Price = $160,172

Homes are moving quickly in Caravelle Village this year, so far.

List and Sold Prices are also up compared to last years stats.

If you would like information about a Forest Hills Home,

please contact Terry at 616-292-7263.

 

SEARCH FOR FOREST HILLS HOMES

 

Additional Forest Hills Michigan Articles:

Forest Hills Michigan Neighborhood Real Estate Market

Copyright 2011  All rights reserved

photo of Tassell Park at the Thornapple River by Bonnie Westbrook

____________________________________________________________________________________________________

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 Market Report Caravelle Village 2011 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village 2011 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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Lowell Michigan Real Estate Market Report Jan – Mar 2012

Lowell Michigan Real Estate Market Report  Jan – Mar 2012

Lowell Michigan is located on the Flat River just east of Grand Rapids, MI.

It has really grown in the last 20 years, in many ways. Lowell has a great

school system, a  thriving business community, a lively arts society, and

is one of the growing Grand Rapids suburban communities in Kent County.

Englehart Library

LOWELL MI Jan to March, 2012 Real Estate STATS:

Active Listings: 122

Average Sold Price: $137,737

PENDING Sales: 22 homes

SOLD Homes: 55 Sold Homes

Average Sold Price to List Price:  94.5%

Absorption Rate for Lowell Listings is 4.7 months for the

current housing inventory. If no other homes enter the market, it

will take 4.7 months for the current homes to sell at the current

rate of sales. This figure is in the normal range and has dropped

2 months from last year.

Lowell Homes are selling for about 10% less than 2011.

Although, the average sale price to list price has risen slightly,

we still aren’t seeing a dramatic price increase.  The lower

active listing count will affect this eventually.

 

SEARCH LOWELL MICHIGAN HOMES

Search Lowell MI Bank Owned –Short Sale Homes

Additional Lowell Articles:

Lowell Michigan Real Estate Market Reports

Video Tour of Lowell Michigan

Lowell Michigan Events

If you would like additional information about Lowell Area Homes,

please contact me through phone, email or my web site.

Copyright 2012     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!

ar125812212017642 Lowell Michigan Real Estate Market Report Sept 2011 ar125812218972939 Lowell Michigan Real Estate Market Report Sept 2011 ar125812225271331 Lowell Michigan Real Estate Market Report Sept 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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Caledonia Michigan Real Estate Market Report Jan-Mar 2012

Caledonia Michigan Real Estate Market Report Jan-Mar 2012

grape hyacinths in bloom


2012 First Quarter Real Estate Market Activity

Caledonia Current Listings = 107

Average Sale price – $158,704

Average Time on Market = 3.3 months

Average Sold Price/Sq Ft = $ 88.49

Absorption Rate = 4.6 months

Caledonia real estate has seen an almost 10% decrease in

average list price to sold price since the first of the year.  Even

though housing inventory is shrinking, prices haven’t made a

recovery yet.  Average time on the market is back in the normal

range, even though it may take several months for sellers to

reach their sale price.

 

Average sale price is somewhat misleading in the Caledonia

market, where sold homes range from $850,000 to $25,000.

We are still waiting to see how the foreclosures and bank owned

houses still not listed will re-enter the marketplace.  If they are

released slowly back onto the market, prices may hold steady. 

If these homes are dumped back on the market, en mass, this will

lead to further price erosion for all homes.

 

SEARCH CALEDONIA MI HOMES

 

SEARCH BANK OWNED SHORT SALE CALEDONIA HOMES

More Caledonia Michigan Articles:

Caledonia Michigan Real Estate

 

Caledonia Michigan Video Tour

 

If you have any questions about Caledonia or Grand Rapids MI

homes, please contact me directly through my web site.

Copyright  2012 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!

ar125812212017642 Caledonia Michigan Real Estate Market Report Jan–Dec 2011 ar125812218972939 Caledonia Michigan Real Estate Market Report Jan–Dec 2011 ar125812225271331 Caledonia Michigan Real Estate Market Report Jan–Dec 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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We Do Not Want to List Your Over Priced Home

We Do Not Want to List Your Over Priced Home

Some sellers don’t understand the current real estate market.

They have fuzzy visions of listing their home: flocks of eager buyers will

ascend to their level of home ownership and buy an overpriced house. 

They believe in the words of comic Judy Tenuta, “ It can happen! “

 

I hate to have to break the news to many optimistic sellers BUT

it ain’t gonna happen!  Buyers with adequate funds have researched

their area market. They are probably working with a seasoned agent

who has helped to educate them about the local market.  If you are

overpriced by any amount, buyers just don’t look at your home seriously.

 

We recently made a listing presentation to a seller that had his home

for sale for over a year by another agent.  An overpriced year, overpriced

by about 1/3 of current value, so not even close.  Results: the seller  had

1 showing  in a year.

 

We had a heart-to-financial-heart talk and we gave him the facts. 

Even if he found someone dumb enough to pay what he was asking, it

would not close because the home would not appraise for even close to

his price.  He argued that someone with cash could buy it.  In our experience,

people with that kind of cash are not careless with their money. 

 

We encouraged this seller to get an appraisal so he could make a

decision about selling for market price.  This information came as a shock.

Sadly, the reality of a home’s worth today is a shock in many cases. 

The seller wanted to know why his former agent hadn’t explained this to him.

Yes, we were curious, too.

 

We do not want to list your over priced house.  We read industry experts

and they predict further price erosions later this year.  Whether this

happens or not, sellers should get an independent appraisal if there is any

question about their home’s value. 

________________________________________________________________________________

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 Foto Friday   Michigan Capital Rotunda ar125812218972939 Foto Friday   Michigan Capital Rotunda ar125812225271331 Foto Friday   Michigan Capital Rotunda

Westbrook Realty Grand Rapids MI Real Estate

           Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Ada Michigan Neighborhood Real Estate Report Catamount 2011

Ada Michigan Neighborhood Real Estate Report Catamount  2011

Quick Snapshot of Catamount Real Estate Activity

                 January 1 through December 31, 2011

mapleinfallGrandriverDr thumb Ada Michigan Neighborhood Real Estate Report Catamount Sept 2011

Active Listings – 2            $675,00 to $1,650,000

Pending Sales – 0

Sold Properties – 7

Average Sold Price – $ 606,271

If you would like information about a Catamount home,

please contact Terry at 616-292-7263.

 

SEARCH FOR FOREST HILLS HOMES

Ada Michigan Photos

Forest Hills Michigan Real Estate Articles

____________________________________________

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 Ada Michigan Neighborhood Real Estate Report Catamount Sept 2011 ar125812218972939 Ada Michigan Neighborhood Real Estate Report Catamount Sept 2011 ar125812225271331 Ada Michigan Neighborhood Real Estate Report Catamount Sept 2011

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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My 2012 Michigan Property Tax Guide

My 2012 Michigan Property Tax Guide

Every homeowner in Michigan will receive a new property tax assessment

notice in the mail for 2012 tax year.   The following video explains how to appeal your

home property taxes if you feel your assessment is not correct.

 

If you would like further information about your property tax evaluation,

this link has loads of info.

________________________________________________________________________________________________

 

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 Why You Need a Professional Realtor on Your Side ar125812218972939 Why You Need a Professional Realtor on Your Side ar125812225271331 Why You Need a Professional Realtor on Your Side

 

Westbrook Realty Grand Rapids MI Real Estate

 

Contact Terry               616-292-7263     

 

OUR FLICKR PHOTOSTREAM

Lowell Michigan Top Best Buy Homes Dec 2011

Lowell Michigan Top Best Buy Homes   Dec 2011

A list of the TOP Best Lowell  Michigan Houses to buy,

based on price per square foot.   Price per square foot

is a great leveler, if two similar homes are listed at similar

prices, their price per square foot should be similar.

This list includes homes from $50-$102/square foot.

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

DSCN6093 thumb Lowell Michigan Top Best Buy Homes Nov 2011

 

December  2011  TOP BEST BUY Lowell Homes:

705 Grindle Dr               $55,900        1100 Sq Ft  $50.82/SqFt

13296 Grand River Dr   $ 59,900      1183 Sq Ft  $50.63/SqFt

 

310 N West  St             $ 77,000        860 Sq Ft   $89.53/Sq Ft

143 Pleasant               $ 79,900         1020 Sq Ft  $78.33/Sq Ft

1297 Jane Ellen Dr      $ 80,000       877 Sq Ft     $91.22/SqFt

 

 

503 N Washington St   $ 99,900      1517 Sq Ft    $65.85/SqFt

1785 Woodrun Dr         $99,900      1440 Sq Ft    $69.38/SqFt

716 N Monroe St           $114,800     1736 Sq Ft   $66.13/SqFt

1382 Highland Hill        $124,900      1715 Sq Ft    $72.83/Sq Ft

5830 Bancroft Ave       $144,500       1664 Sq Ft    $86.84/SqFt

 

 

3179 Emberwood Dr   $150,000       1739 Sq Ft   $86.26/Sq Ft

11499 Barnsley          $169,900       1704 Sq Ft    $99.71/SqFt

829 Lafayette St         $174,900       1750 Sq Ft    $99.94/SqFt

326 Riverside             $185,000        3368 Sq Ft    $54.93/SqFt

10800 Foreman        $209,900        2384 Sq Ft    $88.05/SqFt

203 N Hudson St        $259,900       1743 Sq Ft    $101.21/Sq Ft

 

 

There are still very affordable homes for sale in Lowell,

with seven priced under $100K this month.  Fewer homes for

sale in this price bracket this month, some due to the season,

but home inventory is shrinking in many areas.  Especially homes that

are in move-in condition, something today’s buyer is adamant

about.

Additional Lowell Michigan Articles:

 

SEARCH LOWELL MICHIGAN HOMES

SEARCH LOWELL FORECLOSED & SHORT SALE HOMES

Lowell Michigan Real Estate Blogs

Lowell Michigan Photo Tour

Home Buyer Questions & Answers

mapd8a5baba60cb Lowell Michigan Top Best Buy Homes Nov 2011

*Some of these homes may be bank owned foreclosures or

short sales and not habitable as is or available for a mortgage

in present condition.*

If you have questions about any of these homes, please

contact Terry: 1-616-292-7263

Or email : 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 Lowell Michigan Top Best Buy Homes Nov 2011 ar125812218972939 Lowell Michigan Top Best Buy Homes Nov 2011 ar125812225271331 Lowell Michigan Top Best Buy Homes Nov 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Rockford Michigan Top Best Buy Homes Dec 2011

Rockford Michigan Top Best Buy Homes Dec 2011

A list of the TOP Rockford Michigan Houses to buy,

based on $ 85+/per square foot.   Price per square

foot is a great leveler, if two similar homes are listed at

similar prices, their price per square foot should be similar.

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

prices are adjusted and other homes come on the market.

 

ViewdownRogueRiver Rockford Michigan Top Best Buy Homes Nov 2011

 

 

 

 

 

The Top  Rockford Dec 2011 Homes to Buy:

340 Northland Dr     $ 89,900       1018 Sq Ft   $ 88.31/SqFt

5851 Verta NE          $96,000        1100 Sq Ft    $87.27/SqFt

8610 Belding Rd        $104,897     1166 Sq Ft   $ 89..96/Sq Ft

8267 Peachtree Dr    $124,900   1500 Sq Ft   $ 86.60/SqFt

 

 

 

7720 11 Mile Rd         $125,000     1311 Sq Ft   $95.35/SqFt

 

6777 Northland Dr    $128,500      1494 Sq Ft    $86.01/SqFt

8540 Jewel Ave NE   $129,900     1351 Sq Ft     $96.15/SqFt

9620 Wolven Ave      $129,900     1420 Sq Ft    $91.48/SqFt

1597 House St           $139,000     1416 Sq Ft     $98.16/SqFt

4040 Scenic Pines Dr $149,750     1752 Sq Ft   $85.47/SqFt

 

7645 9 Mile Rd            $164,900      1695 Sq Ft    $97.29/SqFt

220 S Monroe NE        $169,900      1018 Sq Ft    $91.84/SqFt

9685 Hessler Crsg      $194,900      2047 Sq Ft   $95.21/SqFt

6464 Foxtail Mdws     $197,900      2047 Sq Ft    $96.68/SqFt

664 Highlander Dr      $210,000     2340 Sq Ft   $ 89.74/SqFt

 

6812 Bonita Vista Ct  $229,750    2336 Sq Ft    $98.35/SqFt

9195 Lady Lauren      $236,000     2626 Sq Ft   $89.87/SqFt

76489 12 Mile Rd        $237,500     2478 Sq Ft   $ 95.84/SqFt

 

 

 

 

 

 

 

 

Home inventory is  holding steady in Rockford this month.

 Homes that are in great condition and priced right are what buyers

are looking for today.  If you need to know what your

home could sell for today, contact Terry about a home analysis.

Not all homes are equal in our current market.

 

SEARCH FOR ROCKFORD HOMES

 

 

 

 

Additional Rockford Michigan Articles:

Rockford Michigan Real Estate Market Blogs

Rockford Michigan Photo Tour

You Want To Buy A House, Now What?

mapda15975af993 Rockford Michigan Top Best Buy Homes Nov 2011

If you would like to view a Rockford Top Best Buys Home,

please contact us 1-888-240-1968 x 0

or email 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 Rockford Michigan Top Best Buy Homes Nov 2011 ar125812218972939 Rockford Michigan Top Best Buy Homes Nov 2011 ar125812225271331 Rockford Michigan Top Best Buy Homes Nov 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Why You Need a Professional Realtor on Your Side

Why You Need a Professional Realtor on Your Side

 Real estate is not the same as it used to be.  Our economy and our home

ownership have undergone major changes over the past few years.  Gone are the

days of a real estate transaction conducted by a handshake and an understanding.

 

This presents new problems in the real estate transaction. 

Fully one-third  of written real estate contracts written today

do not go to closing. 

 

The reasons are numerous: 

  • more stringent lending requirements
  • discounted appraisals
  • inspections that reveal costly repairs
  • failure to come to the negotiating table with compromise in mind
  • Bank & Government bureaucracy with no checks/balances

 

If you are entering the real estate world without a seasoned professional

on your side, you are setting yourself up for a 1-in-3 chance of failure.

Those are pretty good odds for horse racing but not so good for home

ownership.  Real estate professionals know real estate, they will protect

your rights and interests, and are expert at negotiating a sale.

 

 

________________________________________________________________________________________________

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 Michigan Winter Sale on REO Homes ar125812218972939 Michigan Winter Sale on REO Homes ar125812225271331 Michigan Winter Sale on REO Homes

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Rockford Michigan Top Best Buy Homes Nov 2011

Rockford Michigan Top Best Buy Homes Nov 2011

A list of the TOP Rockford Michigan Houses to buy,

based on $ 85-$95 /per square foot.   Price per square

foot is a great leveler, if two similar homes are listed at

similar prices, their price per square foot should be similar.

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

prices are adjusted and other homes come on the market.

 Rogue River Rockford MI

The Top  Rockford Nov 2011 Homes to Buy:

7048 Belding Rd          $ 54,900     600 Sq Ft   $ 91.50/SqFt

8640 Merry Dr             $ 74,800     797 Sq Ft    $ 93.85/SqFt

7100 Northland Dr     $ 89,000       960 Sq Ft   $ 92.71/SqFt

8610 Belding Rd        $109,897     1166 Sq Ft   $ 94.25/Sq Ft

7250 Jericho Ave       $129,900   1500 Sq Ft   $ 86.60/SqFt

6777 Northland Dr     $134,900     1494 Sq Ft   $90.29/SqFt

4040 Scenic Pines Dr $149,750     1752 Sq Ft   $85.47/SqFt

6400 Los Altos Dr NE  $190,000    2015 Sq Ft    $94.29/SqFt

9103 11 Mile Rd         $194,000     2136 Sq Ft   $ 90.82/SqFt

664 Highlander Dr      $210,000     2340 Sq Ft   $ 89.74/SqFt

8444 Whittall St NE   $229,900     2624 Sq Ft   $87.61/SqFt

6279 Egypt Valley Rd $279,900     3220 Sq Ft   $86.73/SqFt

Home inventory in  Rockford is down this month by about 30%

in this price bracket.  Homes that are in great condition and priced right

are what buyers are looking for today.  If you need to know what your

home could sell for today, contact Terry about a home analysis.  Not

all homes are equal in our current market.

 

SEARCH FOR ROCKFORD HOMES

Additional Rockford Michigan Articles:

Rockford Michigan Real Estate Market Blogs

Rockford Michigan Photo Tour

You Want To Buy A House, Now What?

 

Map picture

If you would like to view a Rockford Top Best Buys Home,

please contact us 1-888-240-1968 x 0

or email 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 Rockford Michigan Top Best Home Buys Oct 2011 ar125812218972939 Rockford Michigan Top Best Home Buys Oct 2011 ar125812225271331 Rockford Michigan Top Best Home Buys Oct 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM