michigan housing market: Michigan Market... The Good and The Bad
- 08/20/07 01:31 PM
So here's the good news. In July, the sale of single family homes increased 8.6% over the same period last year according to the Grand Rapids Association of Realtors statistics (http://www.grar.com/). According to the National Association of Realtors, "a forward-looking indicator based on pending sales of existing homes suggests the market may stabilize in the months ahead." (GRAR bulletin) It truly is a great time to buy, especially if you are looking at a home purchase as an investment opportunity. The Bad News... The bad news is that Michigan in particular, has a lot of homes that are either going into foreclosure or are … (0 comments)
michigan housing market: The Market Is What It Is...
- 08/20/07 12:42 PM
I learned this saying from a conference I attended and I absolutely love it. Life is what it is. For real estate, the market is what it is. Everyone knows it's a buyer's market. Everyone is trying to negotiate and get the best deal. And for some, homes are staying on the market a lot longer than what everyone had hoped for due to the competition of how many homes are actually up for sale. As a Realtor, we stay current with market trends and hope to avoid the pitfalls. Since we don't have a crystal ball, it can be hard to … (1 comments)
michigan housing market: Latest Market Reports
- 06/04/07 12:09 AM
Here's the latest market reports as reported through the Grand Rapids Association of Realtors (GRAR) board. Information is based January - May 2007 and compares this year with last year. If you have any questions, please feel free to contact me. Single Family and Condo Report Price #Sold through May $0 to $ 99,999 995 $100,000 to $199,999 1948 $200,000 to $299,999 412 $300,000 to $399,999 123 $400,000 to $499,999 35 $500,000 and over 49
New Listings Jan - May 2007 2006 15,461 14,765 Total Sales 2007 2006 4,901 5,174
Average Single Family Home Price 2007 2006 $149,800 $161,600
… (0 comments)
michigan housing market: Housing Market Update
- 05/03/07 05:42 AM
How's the market? That's the top question Realtors get all the time. Every month, I send out a newsletter which shows the market statistics for the entire board in relationship to last year. The Grand Rapids Association of Realtors board, more commonly referred to as GRAR contains listings from Kent, Ottawa, Kalamazoo, Allegan, Muskegon, Newaygo, Montcalm, Ionia and Barry County. The highest percentage of listings are from the Kent and Ottawa County but the report does include the whole spectrum. Here's the latest figures compiled from the Grand Rapids Association of Realtors board, http://www.grar.com Single Family and Condo Report Price #Sold through … (0 comments)
michigan housing market: Lakefront Property Sells in 5 Days!!!
- 04/22/07 02:13 PM
17435 Thunder Bay Dr., Howard City, MI - $229,999 - SOLD IN 5 DAYS!!! A fantastic property that sits right on Indian Lake in Howard City. Absolutely gorgeous inside - it had 2 competing offers from the first two visitors that entered the home. Setting is beautiful as was the inside. Lakefront homes, in my opinion, are always a good buy. This home I'm sure will be a great place for the new residents for many years to come!!! If you need help selling your home, just give me a call @ (616) 318-6101 or mailto:tstone@grar.com Congratulations to the sellers! What a great … (0 comments)
michigan housing market: 149 S. Union, Sparta, MI
- 04/20/07 02:40 AM
149 S. Union, Sparta, MI - $89,999 Great 2 bedroom home located in the quaint village of Sparta on one of the largest lots in the city. Everything is within walking distance to some of the greatest shops around. (People tell me you need to visit Trino's - the best Mexican Restaurant in the area!) 149 S. Union is a very cute and charming house with fenced backyard, updated with hardwood floors, paint and carpet. Tons of closet space and main floor laundry. Would be great as a rental. P.S. There's been talk of having all the listings in Sparta open on May 20th. Watch the … (1 comments)
michigan housing market: 9175 Lady Lauren Dr, Rockford, MI
- 04/20/07 02:12 AM
9175 Lady Lauren Dr, Rockford MI - $274,900.00 Gorgeous Rockford home with 3 bedrooms (possibly 4 - den/office area could be made into 4th bedroom) with 2.5 baths. 2172 square feet with room to finish off daylight basement which is already plumbed for another bath, studded and 9 foot ceilings. Main floor laundry, huge kitchen, beautiful entry with fireplace and gorgeous landscaped yard. Home has been prewired for surround sound, alarm system and central vacuum - you just need to hook it up. 3 stall garage completes the package. 9175 Lady Lauren is located in a community of much higher priced homes and 60 … (0 comments)
michigan housing market: Is It Your Season? - Tidbits from Tammy
- 04/20/07 01:34 AM
Are you where you want to be? I mean in life. I find that as I get older, I'm constantly asking that question, "Where do I want to be or what do I hope to accomplish?" This question obviously comes up at the beginning of the New Year when all those "new or revisited" resolutions come into play. So, again I ask you "Are you where you want to be?" Is this season the time that you change careers, become successful in finally losing the weight you wanted to lose, or is it time for you to invest in the possibility … (0 comments)
michigan housing market: Grand Rapids Market - 1st Quarter Stats
- 04/19/07 01:41 AM
Market Update (Information Gathered from the Grand Rapids Association of Realtors) Single Family and Condo Report Price #Sold through March 2007 $0 to $ 99,999 528 $100,000 to $199,999 972 $200,000 to $299,999 198 $300,000 to $399,999 53 $400,000 to $499,999 11 $500,000 and over 20
New Listings Jan - March 2007 2006 3,247 3,189 Total Sales 2007 2006 1,093 1,135 Average Home Price 2007 2006 $147,600 $161,600 ** If you would like information pertinent to your area, please give me a call. I would love to tell you what has sold in your area and for how much. Call (616) 318-6101. … (0 comments)
So here's the good news. In July, the sale of single family homes increased 8.6% over the same period last year according to the Grand Rapids Association of Realtors statistics (http://www.grar.com/). According to the National Association of Realtors, "a forward-looking indicator based on pending sales of existing homes suggests the market may stabilize in the months ahead." (GRAR bulletin) It truly is a great time to buy, especially if you are looking at a home purchase as an investment opportunity.
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