Home Sales Up says CNN Money – How About Grand Rapids MI?
An article in CNNMoney.com says home sale contracts have risen for the
8th consecutive month. Most of this activity is attributed to the first
time home buyer tax credit. NAR [National Assoc of Realtors] released
September figures that homes sales spiked 6.1% in August, the index’s
highest level since December 2006.
Just how is Grand Rapids doing? With one of the highest unemployment
figures in the country, and home foreclosures only second to Nevada,
let’s see how Grand Rapids is faring in home sales so far this year.
Greater Grand Rapids Area Home Sales 2009
- January 324
- February 401
- March 507
- April 606
- May 532
- June 707
- July 703
- August 635
- September 606
- October 612
Total 5633
Jan – Oct Homes Sales 2008 = 5205
Jan – Oct Homes Sales 2007 = 5159
Jan – Oct Homes Sales 2006 = 5436
Jan – Oct Homes Sales 2005 = 6305
Well, it looks like the best year for home sales in the Greater Grand Rapids area
since 2005, a record breaking year of home sales. Signs are good that CNNMoney
is right, home sales are doing well nationally and in Grand Rapids.
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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. Grand Rapids Michigan is a vibrant, growing
metropolitan area with a diverse business community, great medical
research & services, numerous universities, plus lively arts and
entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263