Top Best Home Buys ~ Rockford Michigan ~ April 2009

We have gathered a list of the top Rockford Houses to buy based on

price per square foot.

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 updating with 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 new roofs & 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.

rockford michigan top best homes for sale

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 2009  BEST BUYS Rockford, Michigan.

The lowest list price is $39,920

The highest list price is $200,000

Lowest price/Sq Ft range from $47.82 to $74.77

The Top Rockford Homes to Buy by Price per Square Foot:

4812 Pettis Ave NE         $39,920     672 Sq Ft    $59.40/SqFt

8125 Myers Lake Ave      $69,900    1390 Sq Ft   $50.29/SqFt

7401 Wilkinson Dr NE      $84,900    1600 Sq Ft   $53.06/SqFt

7041 S Cannon Place      $110,000   1514 Sq Ft  $72.66/SqFt

4853 Cannonsburg Rd    $134,900   2550 Sq Ft   $66.72/SqFt

 

4351 Porter Hollow Dr     $139,000   2000 Sq Ft  $69.50/SqFt

5035 Bear Ave                $114,900    1629 Sq Ft   $70.53/SqFt

6674 Echo Dr NE             $149,900   2387 Sq Ft   $62.80/SqFt

8596 Sunny Hours Trl      $198,000   4454 Sq Ft   $70.87/SqFt

 

5027 10 Mile Rd NE       $102,000    1685 Sq Ft   $60.53/SqFt

7635 10 Mile Rd NE       $119,900   1832 Sq Ft   $65.45/SqFt

5134 Corchel Hls NE     $200,000    2696 SqFt   $74.18/SqFt

4341 Kroes St NE          $ 89,900    1542 Sq Ft   $74.92/SqFt

6480 Belmont Ave NE   $98,600     1773 Sq Ft    $55.61/SqFt

 

165 East Division St     $ 58,000   1213 Sq Ft    $47.82/SqFt

10 N Fremont St           $ 69,900    1008 Sq Ft   $69.35/SqFt

68 W Division St           $ 84,900    1138 Sq Ft   $74.60/SqFt

583 North Crest Ct      $155,000    2073 Sq Ft   $74.77/SqFt

647 Highlander Dr NE   $199,320    3050 Sq Ft   $65.35/SqFt

 

There are still quite a few bargains to be had in the Rockford

area.  We are starting to see inventory shrink and the

great buys are disappearing from the market. If you are

thinking of buying in Rockford, now is the time to be looking

seriously.  Don’t overlook the $8000 credit for first time

home buyers. This will be available for homes bought until

December 2009.

 

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

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

or email terry@terrywestbrook.com

 

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

Top Buys Waterfront Homes ~ Kent County Michigan March 2009

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

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

Kentwood, MI Absorption Rates – March 2009

Kentwood Michigan is a large suburb of Grand Rapids with a population under 50,000. It has manufacturing, shopping centers, and lots and lots of residential housing. Kentwood Public Schools are one of the largest school systems in the area with over 9000 students and 16 buildings within a 24.25 square mile area.

The downward trend of the last few years in Kentwood home sales is still continuing this year. We are seeing a slight price erosion from last month’s figures.

The upper end homes in Kentwood aren’t seeing the kind of activity that the lower end homes are getting. They are priced too high for today’s timid buyers or it could be condition. Your list price has to be close to the sale price or your home just doesn’t get serious buyer activity. And if you still have the brown shag carpeting, you will need to upgrade or lower your price if you want to see a sold sign.

In 2006, Kentwood has 495 home sales:avg sold price:$159,788.

In 2007, Kentwood had 434 homes sales: avg sold price:$151,009.

In 2008, Kentwood had 722 home sales:avg sold price: $115,127.

Home sales for Kentwood – $70,000 to $400,000 price range:

155 sold since September 2008.

Kentwood Absorption Rate for this price range is 9.16 months, at the current rate of sale (which means if no new listings come on the market, it will take 9.16 months to sell the listed homes).

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Copyright 2009 All rights reserved

Photo of Kentwood High School by Bonnie Westbrook

New Rockford Listing ~ Sneak Preview

A sneak peek at a new listing coming soon.  This is a custom built  1  1/2 story

home with numerous special features included.  For the storage junkies, there

 are 4 garage stalls, 3 stall attached to the house &  a  separate storage building

[think boat, skidoo, trailer].  A bonus room over the garage could be used for

 the Friday night poker game,  a gameroom for teens, or an art studio.

Spacious 3 bedroom, 2.5 baths, quality built home with fireplace in the great

room, soaring ceilings, and custom “cabin” details set this home apart.

Located close to Northland Drive, the Rogue River and Blythefield Country

Club, this unique  home could be “the one!”

Rockford home for sale -coming soon

Rockford home for sale soon4th garage stall & storage building

4th garage stall & storage building

4th garage stall & storage building

 

Rogue River

Rogue River

Blythefield Country Club Sign

Blythefield Country Club Sign

Please contact me if you would like a private showing of this home.

Call 1-888-240-1968 ext 0

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Copyright 2009 all rights reserved

photos by bonnie westbrook

Lowell Michigan Real Estate Market Report ~ February 2009

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 best kept secrets in Kent County.

These are the statistics for home sales in the Lowell School District.

Lowell Michigan Absorption Report  Feb 2009

lowell showboat lowell michigan

Active Listings: 142 Active Listings

Average Price: $258,078

Price per Sq Ft: $126.27 (Main Floor only)

Average days on the Market: 88

 

PENDING: 18 homes

 

 

SOLD: 44 Sold Homes

Average Price: $ 132,038

Average Price Per Sq Ft: $ 76.59 (Main floor only)

Average Days on the Market: 47

 

Expired: 29 Expired listings

Average Expired Price: $222,459

Average Price Per Sq Ft: $140.29 (Main floor only)

Average Days on the Market: 94

 

Absorption Rate for Lowell Listings is 16.13 months for the

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

will take 16.13 months for the current homes to sell at the current

rate of sales.

Lowell Homes that are priced competitively are selling and selling

fairly quickly compared to the greater Grand Rapids area.

As you can see by the statistics, the homes that have their price

per square foot under $100 are seeing the most activity, although some

sales up to $ 145 a square foot are also moving. There are quite a few

foreclosure or short sale homes which are bringing down the average sales

price and square footage rates lower than they should be.

Some sellers have retired from the market and will try again in

the spring.  They might find a better buying market, but prices are

still on the downward trend.  With lower interest rates, this may

spur the local economy and put more buyers into the game.

 

If you would like additional information about Lowell

Area Homes, please contact me through email or my web site.

 

Grand Rapids MI Real Estate ~ Westbrook Realty

Copyright 2009     All rights reserved

Grand Rapids Township MI Absorption Report ~ February 2009

Grand Rapids Township Real Estate Market Report

Meijer Gardens Entrance2004

Current Absorption Rate for Grand Rapids Township homes is 11 months,

which means if no new listings come on the market, it will take 11 months

to sell the existing inventory of homes.

 

There are 193 Active listings currently for sale.

The average List price is $ 308,284

Average List price $/SqFt  $141.77

 

97 Sold & Pending Grand Rapids Township Homes since 9-1-08.

The average SOLD price is $ 248,346

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.

 

Grand Rapids -Ada Real Estate – Five Star Real Estate

Copyright 2009  All rights reserved

Photo of Frederick Meijer Gardens Entrance by Bonnie Westbrook

Rockford Michigan Absorption Report ~ Feb 2009

Current Absorption Rate for Rockford Michigan is 16.7 months

on average, which means if no new listings come on the market,

it will take 16.7 months to sell current inventory.

 

Pebbles Park

Pebbles Park

 

The under $200K market is moving faster than the over $200K.

Less than $200,000 Since July 1, 2008

168 Active Listings under $200,000 in Rockford MI

Sold Rockford Homes 102

Average sold price  $ 140,296

High sold price $200,000

Low sold price  $40,000

Average Sold Price/SqFt $91.21

 

Over $ 200,000 Rockford MI Homes

139 Active Rockford MI Listings

Sold Rockford Homes  17

Average Rockford List Price:  $ 345,721

Average Rockford Sold Price: $ 310,740

High Sold Price $ 515,000

Low Sold Price  $215,000

 

Even though inventories are still high in this market, the absorption

rate is inching downward. Last month, over 18 months of homes to

sell, and this month only 16 months. You still have to have your

home 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.

 

Grand Rapids -Ada Real Estate – Five Star Real Estate

Copyright 2009  All rights reserved

Photo of Pebbles Park – Downtown Rockford by Bonnie Westbrook

Top Home Buys ~ East Grand Rapids MI ~ Feb 2009

We have gathered a list of the top East Grand RapidsHouses to buy

based on price per square foot. Please notethat this list can change daily

as some homes sell, prices areadjusted 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.

East Grand Rapids homes for sale

The total square footage is noted here, although only the main floors are

 used to figure price per square foot. 

February 2009 BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $54.31 to $96.65

Highest List Price –  $399,900

Lowest List Price – $ 47,900 

The Top East GR Homes to Buy by Price per Square Foot:

706 Rosewood Ave     $ 132,900    1676 Sq Ft  $79.30/SqFt

1549 Rosalind Rd        $139,900    2094 Sq Ft  $77.46/SqFt

2218 Lake Dr.              $139,900    1900 Sq Ft  $87.88/SqFt

1448 Eastlawn Rd       $ 47,900       882 Sq Ft   $54.31/SqFt 

 

2701 Albert Dr             $ 99,900     1571 Sq Ft   $93.28/SqFt

1151 Idema Dr            $129,900    1344 Sq Ft   $96.65/SqFT

2610 Richards Dr         $ 163,900   1716 Sq Ft   $95.51/SqFt

1635 Breton Road       $160,000    2300 Sq Ft    $84.21/SqFt 

 

1408 Edgewood Ave    $175,000   1874 Sq Ft    $93.38/SqFt

1406 Laurel Ave SE      $169,900   2000 Sq Ft    $84.95/SqFt

1638 Wealthy St SE      $169,900   2400 Sq Ft    $80.90/SqFt

2946 Cascade Road     $159,900    2280 Sq Ft   $70.13/SqFt

 

 2101 Lake Dr SE          $187,500   1976 Sq Ft    $94.89/SqFt

2150 Anderson Dr SE   $219,000   3322 Sq Ft    $78.89/SqFt

1341 Cornell Dr SE       $269,900   3820 Sq Ft    $77.78/SqFt

2470 Lake Dr SE          $279,950   3143 Sq Ft    $89.07/SqFt 

 

244 Morningside Dr     $187,900    1946 Sq Ft   $96.56/SqFt

2131 Robinson Road   $399,900    4300 Sq Ft   $93.00/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 would like a list of top best buys in your area, please contact us through

our web site:

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Copyright 2009 All rights reserved

East Grand Rapids Top Home Buys ~ January 2009

We have gathered a list of the top East Grand Rapids

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.

 

East Grand Rapids homes for sale
The total square footage is noted here, although only the

main floors are used to figure price per square foot. The

lowest price/Sq Ft range from $69.74 to $99.95 here.

The lowest list price is $99,900 and the highest list price is

$399,900 for January 2009 BEST BUY Homes in East

Grand Rapids.

The Top East GR Homes to Buy by Price per Square Foot:

 

1112 Lake Grove Ave SE $ 99,900 1784 Sq Ft $77.80/SqFt

647 Rosewood Ave $120,000 1392 Sq Ft $86.21/SqFt

2730 Cascade Road $132,500 2060 Sq Ft $69.74/SqFt

1406 Laurel Ave SE $169,900 2000 Sq Ft $84.95/SqFt
1638 Wealthy St SE $169,900 2400 Sq Ft $80.90/SqFt

2946 Cascade Road $174,500 2280 Sq Ft $76.54/SqFt

2101 Lake Dr SE $197,500 1976 Sq Ft $99.95/SqFt

2150 Anderson Dr SE $219,000 3322 Sq Ft $78.89/SqFt
1341 Cornell Dr SE $269,900 3820 Sq Ft $77.78/SqFt

2470 Lake Dr SE $279,950 3143 Sq Ft $89.07/SqFt

244 Morningside Dr $187,900 1946 Sq Ft $96.56/SqFt

2131 Robinson Road $399,900 4300 Sq Ft $93.00/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 would like a list of top best buys in your area, please

contact us through our website:

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Copyright 2009 All rights reserved