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Grand Rapids Real Estate Blog can now be found at:
www.GrandRapids-Real Estate.com
All of our previously published blogs can be found there.
And don’t miss the newest articles published in July and August 2010.
Grand Rapids Michigan NE Two Story home just listed for sale
1013 Worcester Dr NE has been updated to look like a much newer home.
A new kitchen, updated bathrooms, new laminate floors and new
carpeting make this home look like a magazine layout. New white
6 panel doors have been installed through out the house, fresh
paint, and replacement windows round out the improvements.
The lot is large and the back yard is completely fenced and deep.
Privacy in the back with mature woods and a leafy tree lined street.
Located in a quiet Northeast neighborhood, don’t let this one get away!
For more information and a walk through video, visit our web site:
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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 metro-
politan 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
Current Absorption Rate for Rockford Michigan is 4.79 months
overall on average, which means if no new listings come on the
market, it will take 4.79 months to sell current home inventory.
March 15, 2010 – June 14, 2010
Rockford Homes Less than $200,000
Active Listings – 217
Pending Homes – 52
Sold Rockford Homes 111
Average sold price $ 139,345 140,296
High sold price $199,900
Low sold price $44,250
Average Sold Price/SqFt $98.08
Over $ 200,000 Rockford MI Homes
Active Rockford MI Listings – 162
Pending Rockford Homes – 23
Sold Rockford Homes – 51
Average Rockford List Price: $ 356,650
Average Rockford Sold Price: $ 336,866
High Sold Price $ 1,299,000
Low Sold Price $202,000
Even though inventories are still high in this market, the
absorption rate is back in normal range. It has been a good
spring market for the Rockford area. We still recommend
you have your home priced correctly, over-priced homes
will not sell in this buyer’s market.
If you have any questions about Rockford or
Grand Rapids MI homes, please contact me directly.
Grand Rapids Real Estate – Westbrook Realty
Copyright 2010 All rights reserved
Photo by Bonnie Westbrook
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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 metro-
politan 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
Crystal Springs ~ Kentwood Absorption Report August 2009
Crystal Springs Development in Caledonia, Michigan is a large, residential
suburban housing development that was started in the late 1980’s and
most construction was finished in the 1990’s although some newer homes
have been built since 2000. There are also a few vacant lots left to develop.
This development covers a large area around the Stonewater Golf Course
at Crystal Springs south of 68th Street to 72nd Street and encompassing
Kalamazoo Avenue on the east and west. This development has single
family homes and condos, many located right on the Stonewater Golf Course.
The public school system is Kentwood, even though the address is Caledonia.
Crystal Springs is close to the shopping plaza at 68th and Kalamazoo,
Kentwood High School, and a short hop to M-6, which is the south beltline for
the Greater Grand Rapids area connecting US 131 on the west and I96 on the
east side of the city.
Jan-April 2010 Real Estate
Residential Market Report
Crystal Springs Neighborhood
Active Listings: 17 Active Listings
Average Price: $261,665
Price per Sq Ft: $118.55 (Main Floors only)
Average days on the Market: 107
PENDING: 6 homes
SOLD: 9 Sold Homes
Average Price: $ 195,032
Average Price Per Sq Ft: $ 94.53 (Main floors only)
Average Days on the Market: 164
Absorption Rate for Crystal Springs Listings is 4.5 months for the
current housing inventory. If no other homes enter the market,
it will take 4.5 months for the current homes to sell at the current
rate of sales.
Crystal Springs Homes that are priced competitively are selling.
As you can see by the statistics, most of the homes that have their
price under $100/square foot are selling. Sales have started to
rebound in this neighborhood from the last few years abysmal rates.
Although on the downside, the average sold price has fallen another
8 % since 2009.
Watermark CC purchases Crystal Springs GC
Crystal Springs GC has a new look & a new name
Caledonia Michigan Real Estate Reports
Kentwood Michigan Real Estate Reports
If you would like additional information about Caledonia
or Kentwood Homes, please contact me directly at
1-888-240-1968 ext 6
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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
The Residences at Watermark are located on Watermark Golf Course just
south of Cascade Road. Watermark is a premier course with friendly players,
plus with a golf course membership, you get to play 3 courses for the price
of one. Watermark Country Club, Sunnybrook Country Club in Jenison
and StoneWater Country Club in Caledonia are all owned & managed by
the same company.
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,
I-96 expressway and close to Cascade, Ada, Forest Hills, and Grand Rapids.
Watermark Residences
Jan-April 2010 Real Estate Market Report
For Sale 7, Pending 0, Sold 0
Watermark Homes for Sale – 7
Watermark Homes Average active price is $ 861,814
Watermark Homes Average price/sq ft is $268.98
Average days on the market for active Watermark Homes is 91
The high price is $ 2,700,000 and the low price is $ 399,900.
Sold: 0
There have been 0 Watermark Sold Homes since Jan 1, 2010.
Pending: 0
Expired: 0
It is very difficult to predict sales activity with no sales in this area
for the past 7 months. Higher priced homes are seeing long marketing
times due to buyer reluctance to purchase if prices are coming down
further.
Additional articles about the Watermark Residences:
Forest Hills Michigan Real Estate 2010
Watermark CC Golf Pro ~ Mark Wilson
Watermark Country Club ~ Pool Time
The Grille Restaurant at Watermark
If you would like further information about Watermark Residences
Cascade or Forest Hills Homes, please contact me directly:
1-888-240-1968 ext 0
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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
Grand Rapids Michigan Neighborhood Absorption Report
Tamarron Estates is an upscale suburban development with large
wooded lots, walking access to Thornapple Elementary School and
the Thornapple River Backwaters. It is located just off of
Thornapple River Drive and Cascade Road in Cascade Township.
The house styles vary from large, comfortable ranches, traditional
two stories, to contemporary homes. Many of the homes were built
in the late 1970′s to the mid 1980′s, though there is a new street
that has much newer homes on acreage settings. Some houses close
to and surrounding this development are in the upper price brackets
in the Grand Rapids real estate market.
Tamarron Residential Real Estate
Jan-April 2010 Market Report
2 Sold, 6 For Sale, 1 Pending, 1 Expired
Tamarron Active Listings: 6
Tamarron Average Active Price – $ 511,300
Tamarron Average Active Price/SqFt – $ 135.25
Tamarron Average Active Days on Market – 44
Tamarron SOLD Listings: 2
Tamarron Average Sold Price – $ 209,500
Tamarron Average Sold Price/SqFt – $ 78.38
Tamarron Average Sold Days on Market – 92
Tamarron Expired Listings: 1
At the current selling rate, we have a 9 month supply of homes
on the market in Tamarron Estates in Cascade Township.
MARKET SYNOPSIS: Tamarron homes are selling but not at the
prices that sellers would like to see. Today’s market is accepting
homes under $100.00 a sq ft. This is a substantial price reduction for
this area. As you can see, the expired sellers think their homes
will sell at $ 130-150/sq ft. The two homes that have sold since
January might be distressed sales or foreclosed homes. List prices
have been reduced but not to a realistic price for buyers.
The Absorption rate of 9 months is high for the Forest Hills area.
If you have to sell your Tamarron Estates home now, the market
place is telling you that you need to be around $100 a sq ft and
in good condition to see your home sold successfully.
Forest Hills Michigan Real Estate Market Reports 2009
If you have questions about the value of your Cascade or Forest Hills
Home, please contact me directly: terry@terrywestbrook.com or
call me at 1-888-240-1968 ext 0
Photo of Swan Pair by Bonnie Westbrook
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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
Centennial Park Meadows Condominiums are located just off 28th Street
and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around
the Centennial Golf Course and community.
This private par 70 golf course has plenty of challenges for golfers at
every level. This community also has a clubhouse and restaurant for
members.
We have relocated several clients into this community and they find it a
wonderful place to live. Just minutes from 28th Street & Cascade shopping,
dining and amusements, you are centrally located but tucked away from
the bustle of the area for quiet, serene living and easy access to golf.
Centennial Park Meadows Condos
Real Estate Market Report
Jan – April 2010
0 For Sale, 0 Pending, 7 SOLD
Centennial Condos Active Listings: 0
Centennial Condos Active Average Price – $0
Centennial Condos Active average $/SqFt – $ 0
Centennial Condos Active average days on market – 0
Centennial Condos Sold Listings: 7
Centennial Condos Sold average price – $ 160,036
Centennial Condos Sold average $/SqFt – $ 97.72
Centennial Condos Sold average days on market – 174
Low Sold Price – $ 83,000
High Sold Price – $ 300,000
This market is seeing sales in 2010 and with no condos on the market,
it is difficult to say how long before a new listing would sell, most
likely quickly, if priced correctly.
The average sold price is slightly lower than it was last year but the one
obviously distressed sale brings the averages down.
If you would like information about Grand Rapids – Cascade MI Condos
or Grand Rapids – Cascade MI Homes, please contact me directly.
If you would like this report emailed to your inbox every month, please
contact us.
Copyright 2010 All rights reserved
photo of Golf Equipment 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.
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
We have gathered a list of the TOP Rockford 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. The price should reflect
the interior finish of the home. For example, if it has crystal chandeliers,
marble tile, & a new kitchen, this would be more per square foot than
a home that still has the 1970’s decor and/or is in derelict condition.
Please note: This list can change daily as some homes sell, prices are
adjusted and other homes come on the market.
The homes listed below are probably dated and would need new
carpeting, paint, and kitchen-bath redos at a minimum to
bring them to current market standards. They might need major
repair work done, such as a new roof & mechanicals.
*Some of these homes may be bank owned foreclosures and
not habitable as is or available for a mortgage in present condition.*
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, even if
the basement is finished.
April 2010 23 Top BEST BUY Homes Rockford, Michigan.
The lowest list price is $ 49,900
The highest list price is $200,000
Lowest price/Sq Ft range from $38.50 to $73.76
The Top Rockford Homes to Buy by Price per Square Foot:
5940 W River Dr. $ 49,900 1296 Sq Ft $38.50/SqFt
313 Lewis St $ 67,000 1326 Sq Ft $50.53/SqFt
5124 Surf Dr NE $ 68,314 1823 SqFt $73.85/SqFt
1530 10 Mile Rd NE $ 69,900 1650 Sq Ft $42.36/SqFt
854 10 Mile Rd $ 81,000 1276 SqFt $63.48/SqFt
9760 7 Mile Rd NE $ 82,900 1372 SqFt $60.42/SqFt
69 S Lincoln St $ 83,000 1300 Sq Ft $63.85/SqFt
2720 Rogue River $ 99,900 1600 Sq Ft $68.61/SqFt
7632 Northland Dr $ 99,900 1489 SqFt $67.09/SqFt
66 S Fremont St NE $104,900 1454 SqFt $72.15/SqFt
220 Courtland St $104,900 1632 SqFt $64.28/SqFt
10165 Edgerton Ave $112,900 2136 SqFt $73.50/SqFt
143 Courtland St $127,900 1920 SqFt $66.61/SqFt
7991 Cannonsburg $130,000 1864 Sq Ft $69.74/SqFt
9671 Hessler Crssing $130,900 2040 SqFt $64.17/SqFt
6261 Archer St NE $133,900 2403 Sq Ft $55.72/SqFt
9678 Hessler Crssg $135,805 2174 Sq Ft $62.47/SqFt
9685 Hessler Crssg $141,800 2047 Sq Ft $69.27/SqFt
6581 West River Dr $142,600 2047 Sq Ft $46.72/Sq Ft
8379 Pebble Dr $143,830 2047 Sq Ft $70.26/SqFt
315 N Main St $145,000 2400 SqFt $60.42/SqFt
5681 Verta Dr NE $154,900 2100 SqFt $73.76/SqFt
7031 Bonaire Ct NE $200,000 3160 Sq Ft $73.58/SqFt
There are still bargains to be had in the Rockford area.
If you are thinking of buying in Rockford, now is the time
to be looking. Prices are climbing in other areas of the
Grand Rapids market. Homes that are in great condition
and priced right are selling quickly.
"Below tax appraisal" priced homes are disappearing from the
market in some areas of Grand Rapids.
Don’t overlook the $8000 tax credit for first time home buyers
or buyers who haven’t owned a home for the last 3 years; also,
ask about the $6500 tax credit for existing homeowners under
contract by April 30, 2010.
Rockford Michigan Real Estate Market Blogs
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
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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
We have gathered a list of the top East Grand Rapids 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. It should reflect the interior finish of the home.
For example, if it has crystal chandeliers, marble tile, a new kitchen,
this would be more per square foot than a home that still has the
1970’s decor and/or is in derelict condition.
Please note that this list can change daily as some homes sell, prices are
adjusted and other homes come on the market.
The total square footage is noted here, although only the main floors
are used to figure price per square foot.
April 2010 – 22 TOP BEST BUY East Grand Rapids Homes
Lowest price/Sq Ft range from $70.24 to $108.33
Highest List Price - $ 269,500
Lowest List Price - $ 74,999
The Top East GR Homes to Buy by Price per Square Foot:
729 Gladstone Dr SE $ 74,999 800 Sq Ft $93.75/SqFt
2361 Burchard St $118,900 1455 Sq Ft $102.94/SqFt
2714 Cascade Rd SE $129,900 1900 SqFt $99.92/SqFt
612 Gladstone Dr SE $129,900 1268 Sq Ft $102.44/SqFt
293 Rosewood Ave $130,000 1422 Sq Ft $104.67/SqFt
2530 Cascade Rd SE $139,900 2200 SqFt $86.88/SqFt
430 Gladstone Dr SE $140,000 1624 Sq Ft $86.21/SqFt
630 Rosewood Ave $149,500 1862 Sq Ft $80.29/SqFt
252 Hodenpyl Rd $149,900 1489 Sq Ft $100.67/SqFt
1647 Franklin St $149,990 1392 Sq Ft $107.75/SqFt
324 Gladstone Dr SE $165,000 1538 Sq Ft $107.28/SqFt
1160 Conlon Ave SE $180,000 1889 Sq Ft $95.29/SqFt
2840 Cascade Rd $189,000 2272 Sq Ft $105.47/SqFt
1707 Hall St SE $189,900 2229 Sq Ft $108.33/SqFt
2150 Anderson Dr $195,000 3322 Sq Ft $70.24/SqFt
9 Morningside Dr $199,500 2400 Sq Ft $99.75/SqFt
3030 Cascade Rd SE $199,900 3000 Sq Ft $106.44/SqFt
1146 San Jose Dr SE $219,900 2446 Sq Ft $107.48/SqFt
1401 Pinecrest Ave $220,000 2350 Sq Ft $103.97/SqFt
1773 Oxford Dr SE $260,000 3000 Sq Ft $108.24/SqFt
3030 Fulton St E $263,000 3460 Sq Ft $106.05/SqFt
1120 Breton Rd SE $269,500 3364 Sq Ft $106.77/SqFt
East Grand Rapids homes are selling. If you have been waiting for the
right time to buy, don’t wait much longer. We are seeing definite signs
of competition for homes in East Grand Rapids and Forest Hills.
Homes in good condition and priced appropriately are selling. There
are fewer home available this month in East Grand Rapids but
prices are generally higher.
*Some of these homes may be bank owned foreclosures and not habitable
as is or available for a mortgage in present condition.*
East GR Real Estate Market Blogs
If you would like to view an East Grand Rapids Best Buy Home,
please contact us @1-888-240-1968 x 0 or email us :
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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
We have gathered a list of the TOP Caledonia 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. The price should reflect the interior finish of the home.
For example, if it has crystal chandeliers,marble tile, & a new kitchen, this
would be more per square foot than a home that still has the 1970’s decor
and/or is in derelict condition.
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.
Caledonia Public Library
The total square footage is noted here, although only the
main floors are used to figure price per square foot.
Lowest price/Sq Ft range from $40.17 to $87.68 in Caledonia.
April 2010 TOP BEST BUY Caledonia MI Homes
Highest list price is $249,000 Lowest list price is $69,900
The Top 22 Caledonia Homes to Buy by Price per Square Foot:
10464 Patterson Ave $ 69,900 1740 Sq Ft $40.17/SqFt
4823 84th St SE $ 74,900 1020 SqFt $73.43/SqFt
8601 Acorn St $ 84,900 998 Sq Ft $85.07/SqFt
3526 68th St SE $ 89,900 1140 Sq Ft $78.86/SqFt
2100 92nd St SE $111,900 1300 Sq Ft $86.08/SqFt
9628 Morse Lake Ave $117,000 2751 Sq Ft $49.79/SqFt
401 Emmons St SE $119,900 1578 Sq Ft $75.98/SqFt
213 Johnson St SE $129,900 1942 SqFt $66.89/SqFt
8956 Braden St SE $129,900 1619 Sq Ft $80.23/SqFt
3009 76th St SE $129,900 1650 Sq Ft $78.73/SqFt
1648 Crescent Pointe $144,900 2047 Sq Ft $70.79/SqFt
4508 Rolling Ridge Dr $148,624 2070 Sq Ft $71.80/SqFt
308 Elm St SE $149,500 2907 Sq Ft $83.19/SqFt
429 Emmons St SE $149,500 2370 Sq Ft $74.82/SqFt
444 Green Ridge Dr $160,000 2140 Sq Ft $74.77/SqFt
7575 E Morgan Lane $164,500 2070 Sq Ft $79.47/SqFt
8706 Alaska Ave SE $169,900 3121 Sq Ft $54.44/SqFt
327 Johnson St $178,500 3000 Sq Ft $59.50/SqFt
9585 Kalamazoo Ave $198,500 2500 Sq Ft $79.40/SqFt
6812 60th St SE $212,000 2418 Sq Ft $87.68/SqFt
323 Johnson St SE $212,900 3800 Sq Ft $73.59/SqFt
9555 Kraft Ave SE $249,000 3216 Sq Ft $77.43/SqFt
Four homes priced under $100K, we are starting to see prices
on the way up, so if you have been waiting for the best time
to buy in Caledonia, don’t wait much longer.
The Buyers Tax Credit is still available for First Time Buyers and
homeowners who have lived in their homes for the past 5 of
8 years. This tax credit will expire on April 30th, 2010. We don’t
expect it to be renewed and interest rates will likely go up.
NOW is the best time to buy a Caledonia home.
*Some of these homes may be bank owned foreclosures and
not habitable as is or available for a mortgage in present condition.*
Caledonia Michigan Real Estate
If you would like to see a Caledonia Top Best Buys Home, please
contact me: 1-888-240-1968 ext 0
or email me at terry@terrywestbrook.com
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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
GRMiRealEstate's Weblog 