You are currently browsing the monthly archive for March 2009.
Current Caledonia MI Real Estate Market Report
Absorption rate for Caledonia MI Market is currently 10.3 months,
which means if no other homes come on the market, it will take
10.3 months for the current inventory to sell at the current
sales rate. This is up slightly from last month.
There are 140 current active listings, from $54,900 to $1,100,000 in
Caledonia MI.
17 Pending Home Sales, and 78 Sold Homes since Sept 1, 2008.
The current average Caledonia home listed price is much higher
[about $317,583] than the average sold price [$178,164].
This shows me that the upper end of the Caledonia market is slow
to sell and the lower end (under $200K) is selling. Sold price per
square foot continues to slide downward. Homes are selling
and inventory has ticked up slightly. There are some excellent
buys in Caledonia, don’t wait until they are gone.
Caledonia February 2009 Absorption Report
Caledonia December 2008 Absorption Report
If you have any questions about Caledonia or Grand Rapids MI
homes,please contact me directly through my web site.
Grand Rapids Ada Real Estate ~ Five Star Real Estate
Copyright 2009 All rights Reserved
Photo of Caledonia High School by Bonnie Westbrook
This neat as a pin NE Grand Rapids Condo is coming on the market soon,
probably by the end of March. This condo has an open floor plan with
kitchen, eating area, dining room, living room, master bedroom,
1.5 baths, & den/office on the first floor. The lower level walkout
has a bedroom, family room, full bath and storage. Privacy views in
the backyard is a real plus for condo living. South facing with lots
of natural light, this condo will be available for viewing soon.
Contact me by email or phone: 1-888-240-1968 ext 0
Grand Rapids Ada Real Estate ~ Five Star Real Estate
Copyright 2009 all rights reserved
Current market conditions have brought home prices down to levels we haven’t
seen in several years. All price levels and amenities have been affected.
Now may be a great time to purchase a Waterfront Home.
I have included a list of over 10 homes in Kent County Michigan in the
$200,000 to $300,000 price range with private water frontage.
Grand River Ada Michigan
MLS# Address Price
736193 8820 60th St 209,900
747019 7744 Thornapple Bayou Dr 235,000
731690 7720 Thornapple Drive SE 259,900
734853 2474 Grand River Dr NE 274,900
738877 3001 Thorncrest Dr SE 275,000
731411 7349 Kilmer Dr SE 275,000
734203 61 Honeycreek Ave NE 279,900
747116 3683 Jupiter Ave NE 289,900
742964 9101 Parmeter Ave NE 295,000
746525 472 9 Mile Rd NE 299,900
If you are eligible for a first time buyer tax credit, buying this home could
be less than you think.
The above link will take you to an explanation of the 2009 tax credit and some
possible applications I have provided.
If a leisure lifestyle appeals to you, this may be the perfect time to make
your move. I am always available for questions or details concerning
Michigan real estate.
Grand Rapids Ada Real Estate ~ Westbrook Realty
Copyright 2009 All rights reserved
Grand River photo by Bonnie Westbrook
I feel like George Jetson is moving to Michigan. I just read a Treehugger article
about a new magnetic train proposed for Michigan in a Detroit to Lansing run.
It will be a magnetic train powered by solar and hydrogen. Wow, the Jetsons
seemed so out there when we were younger but all those far fetched ideas are
becoming everyday reality; such as smart machines, exercise machines,
robotic household help, and the visual phone. We don’t have a talking dog
or fly to work yet but who knows, anything is possible.
Talking dog?
The magnetic train system would be built along I96 expressway. It would
stop at local exits for commuters to get off and drive home or just have a
refreshment break from traveling. The rail would include fiber optic cables
for communication. All this is proposed to be built with private funds and
powered by hydrogen and solar power. I am not sure when this is supposed
to be started but the announcement alone is a glimpse into our future.
Transportation is changing and I am not surprised that Michigan will be at
the forefront of these significant changes.
Would you ride in a magnetic train if it were available to you?
Grand Rapids – Ada Real Estate – Five Star Real Estate
Copyright 2009 All rights reserved
The Residences at Watermark are located on Watermark Golf Course just
south of Cascade Road. Yes, I play Watermark golf course every chance
I get. Watermark is a premier course with a friendly group of players.
It has an excellent grounds staff and a great pro shop staff, as well.
Watermark single family homes and condos make this a very attractive
place to live. Quality built homes with access off Cascade Road and
Spaulding Drive, you are close to the airport, 28th Street shopping,
I96 expressway and close to Cascade, Ada, and Forest Hills
schools and shopping areas.
Watermark Residences
March 2009 Real Estate Market Report
For Sale: 7
There are 7 active Watermark Homes currently on the market.
The average Watermark Homes current active price is $ 799,043.
The average Watermark Homes current price per sq ft is $ 260.32.
The average days on the market for active Watermark Homes is 153.
The high price is $ 2,700,000 and the low price is $ 179,800.
Sold: 7
There have been 7 Watermark Sold Homes since May 1, 2008.
The average Watermark Sold Homes price is $ 491,714.
The average Watermark Sold Homes price per sq ft is $193.81.
The average days on the market for Watermark Sold Homes is 71.
Pending: 0
Expired: 18
At the current rate of sales, we have a 8 month Absortion rate at the
Watermark Residences. This means that it will take 8 months for the
current listed homes to sell based on the current rate of sales.
If you would like further information about Watermark Residences
Cascade or Forest Hills Homes, please contact me directly:
1-888-240-1968 ext 0
Watermark Residences February 2009 Market Report
Watermark Residences January 2009 Market Report
Watermark Residences December 2008 Market Report
Watermark Residences October 2008 Market Report
Watermark Country Club ~ Pool Time
Grand Rapids – Ada Real Estate – Five Star Real Estate
Copyright 2009 All rights reserved
photo of Watermark Residences Entrance by Bonnie Westbrook
Watermark Country Club in Cascade Township has a wonderful pool facility.
We are not members but being members of the golf course we are allowed
to use the facility several times a year at a small charge.
Yesterday was POOL DAY!! Our grandson, Jeffy is up from Indianapolis for
his yearly “Grandparents Camp Week” with us. The pool is one of his favorite
places to go.
It was in the eighties and humid—perfect pool weather, even though the
clouds looked menacing. We had tried on Monday but got rained out before
we could get wet. The pool staff keeps a sharp eye on the weather and closes
the pool if a storm threatens. Watermark has lunch available poolside and
we had hamburgers and a hotdog to keep our energy up for the big day.
We took a couple of pictures, so you can see what a great place it is.
This is a shot of both pools, the adult pool with slide tower in back, and
the kid’s pool in front. There is a putting range behind the storage
building in the background for the kids to use.
The kids pool is THE MOST popular area – a small slide, 2 water shooting
animals to ride,and the dumping pails tower in the center make this fun
for big and little children.
The pool house has a men’s and women’s locker room with showers,
toilets and changing stations. An additional restroom is located close
to the pool. Grilled burgers and other lunch favorites are available until
the pool closes at 8 pm.
The sand box is a draw for big and little children. A small play structure, a
large play fort with slide, and a swing set are all set in this huge sand box.
Jeffy is on the right heading for the water spigot, he is excavating a water
trench with buckets and shovels.
That’s me taking a few swings at the driving range – just over the fence
from the pool.
If you would like further information about Forest Hills Homes, please
contact me directly: 1-888-240-1968
Grand Rapids Michigan Real Estate – Westbrook Realty
Copyright 2009 All rights reserved
Photos of Watermark pool area by Bonnie Westbrook
Showing a house to client to purchase.
Mobile post sent by TerryWestbrook using Utterli. Replies.
Rockford Michigan Real Estate Market Report March 2009
Current Absorption Rate for Rockford Michigan is 25.58 months
on average, which means if no new listings come on the market,
it will take 25.58 months to sell current inventory.
The under $200K market is moving faster than the over $200K.
Homes Less than $200,000 Since Sept 1, 2008
208 Active Rockford MI Listings under $200,000
Sold Rockford Homes: 67
Average sold price $ 144,596
High sold price $200,000
Low sold price $40,000
Average Sold Price/SqFt $91.09
Over $ 200,000 Rockford MI Homes
163 Active Rockford MI Listings
Sold Rockford Homes 20
Average Rockford List Price: $ 348,502
Average Rockford Sold Price: $ 314,293
Average Sold Price/SqFt $124.52
High Sold Price $ 515,000
Low Sold Price $200,000
Inventories are increasing with the spring market and sales are
slowing in Rockford over the last 6 months. The absorption
rate is extremely high at 25.58 months. It is imperative that you
have your home in great condition and priced correctly. Over-priced
homes will not sell in this buyer’s market.
If you have any questions about a Rockford or
Grand Rapids MI homes, please contact me directly:
1-888-240-1968 ext 0
email: terry@terrywestbrook.com
Grand Rapids -Ada Real Estate – Five Star Real Estate
Copyright 2009 All rights reserved
Photo of Rockford Public Library by Bonnie Westbrook
Current Absorption Rate for Grand Rapids Township homes is 11.65 months,
which means if no new listings come on the market, it will take 11.65 months
to sell the existing inventory of homes.
There are 167 Active listings currently for sale.
The average List price is $ 312,317
Average List price $/SqFt $141.83
86 Sold & Pending Grand Rapids Township Homes since 9-15-08.
The average SOLD price is $ 263,716
Average Sold Price /SqFt $123.70
High Sold Price $ 775,000
Low Sold Price $ 57,500
If you have questions about Grand Rapids Township or Grand
Rapids homes, please contact me directly:
1-888-240-1968 ext 0
email: terry@terrywestbrook.com
Grand Rapids -Ada Real Estate – Five Star Real Estate
Copyright 2009 All rights reserved
Photo of Frederick Meijer Gardens Entrance by Bonnie Westbrook
We have gathered a list of the top Lowell Houses to buy.
Please note that this list can change daily as some homes
sell, prices are adjusted and other homes come on the market.
Check back often or just subscribe to our blog to get
up-to-date local real estate information that you want to know.
The total square footage is noted here, although only the
main floors are used to figure price per square foot.
The top home buys list is longer for Lowell this month.
Great opportunities to buy a Lowell Home at bargain prices.
The lowest price/Sq Ft range from $42.49 to $74.56 in Lowell
Best Buys.
March 2009 BEST BUY Lowell Homes
Lowest list price is $39,900
Highest list price is $316,800
The Top Lowell Homes to Buy by Price per Square Foot:
11216 Bluewater Hwy $ 39,900 920 Sq Ft $43.37/SqFt
3296 Whites Bridge Rd $ 75,500 1568 Sq Ft $48.15/SqFt
11704 E Bear Mdws SE $ 99,900 1400 Sq Ft $71.36/SqFt
11555 Peck Lake Rd $89,900 1310 Sq Ft $68.63/SqFt
6459 Kodiak Dr SE $109,998 1635 Sq Ft $67.27/SqFt
229 N Jefferson St $ 59,900 1100 Sq Ft $54.45/SqFt
319 N Monroe St $ 69,900 1645 Sq Ft $42.49/SqFt
803 Avery St $ 74,800 1731 Sq Ft $68.00/SqFt
1012 E Main St $ 74,900 1510 Sq Ft $49.60/SqFt
10235 Gee Dr $ 79,975 1352 Sq Ft $59.15/SqFt
230 S Hudson St $ 84,900 1504 Sq Ft $56.45/SqFt
2060 Conservation Trl $99,900 2036 Sq Ft $49.07/SqFt
206 S Division St $ 99,900 1507 Sq Ft $66.29/SqFt
110 Horatio St #112 $115,00 1612 Sq Ft $71.34/SqFt
216 W Main St#6 $129,000 2100 Sq Ft $61.43/SqFt
224 N Hudson St $139,900 2240 Sq Ft $62.46/SqFt
8986 36th St SE $316,800 4300 Sq Ft $73.67/SqFt
12327 4 Mile Rd NE $153,800 2200 Sq Ft $69.91/SqFt
3790 Ashley Ave NE $189,900 3800 Sq Ft $49.97SqFt
1201 Whites Bridge Rd $119,900 2800 Sq Ft $64.46/SqFt
14129 Fulton St E $ 41,400 660 Sq Ft $62.73/SqFt
1625 Sibley St $ 54,900 1536 Sq Ft $54.90/SqFt
11177 Woodbushe Dr $70,900 1200 Sq Ft $70.90/SqFt
14109 Fulton St E $ 78,900 1100 Sq Ft $71.73/SqFt
2838 Guildford Dr SE $ 79,900 1600 Sq Ft $49.94/SqFt
3043 Alden Nash Ave $99,900 1400 Sq Ft $71.36/SqFt
1033 Lincoln Lake $119,900 1800 Sq Ft $66.61/SqFt
13217 52nd St SE $210,000 2911 Sq Ft $72.14/SqFt
1494 Lincoln Lake NE $ 89,900 1440 Sq Ft $62.43/SqFt
12716 3 Mile Rd NE $169,900 3100 Sq Ft $54.81/SqFt
701 Fallasburg Park Dr $170,000 2280 Sq Ft $74.56/SqFt
*Some of these homes may be bank owned foreclosures and
not habitable as is or available for a mortgage in present condition.*
If you have questions about any of these homes, please
contact us: 1-888-240-1968 ext 0
Or email : terry@terrywestbrook.com
Grand Rapids Ada Real Estate ~ Five Star Real Estate
Copyright 2009 All rights reserved
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