Kalamazoo, MI

While the number of homes sold in Kalamazoo County fell in May, 2009 vs. May 2008, homes sold in Texas Township actually increased! Six more homes sold in May, 2009 vs May 2009. The average price was down slightly, 8%, comparing the 2009 vs 2008 to $241,883.

I was curious to see if what people were buying had changed much in the last year and looking at both Mays the same size house is selling, 2200 sq ft. but the average price per square foot is down $9.

The bottom line is that increased sales will stabilize the market and seeing a year over year increase is great!

To view Texas Twp homes for sale check out ChangingStreetsRealty.com.

JPH Holdings Inc is very proud to announce the opening of ChangingStreets.com Realty in Southwest Michigan. ChangingStreets.com veteran LuAnn Defouw is the operating broker, she will working with the JPH marketing and business development teams to bring the great client experiences. "We are very excited, this is the first of four expansion projects for JPH in the next 60 days. We truly believe that the success our clients have enjoyed with our Mid-Michigan operations can be duplicated in Southwest Michigan, we certainly have the right person running the operation" said Scott Hoyt, President of JPH Holdings and on of the three founders of ChangingStreets.com.

"Our goal is build the real estate company of the future. What that means to us the ultimate client experience. We will continue to evolve as technology that empowers the consumer evolves, making agents and consumers lives better" Hoyt went on to say.

Search homes for sale in SouthWest Michigan.

For more information contact LuAnn DeFouw at LuAnn.DeFouw@ChangingStreets.com

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www.jeremydrobeck.com

The Federal Reserve posted a report were they asked senior bank loan officers whether residential mortgage guidlines had tightened in the last 3 months. Nearly 50 percent of banks said yes. Now this is a much lower figure than what we saw last year. Is it a sign of a thaw? Maybe, however my personal opinion is that as long as guidelines continue to tighten the market will strugle to turn around because fewer and fewer people will qualify for a home loan and it will be harder and harder for us to clear out this inventory. None the less it seems we are possible strating to turn the corner . . . .

www.jeremydrobeck.com