Kentwood, MI

Community Focus

Bailey's Grove: Kentwood, MI

Are you looking for a great community in Kentwood, Michigan?

Bailey's Grove is an outstanding housing development that includes four distinct neighborhoods of single family homes, luxury townhomes and ranch condominiums as well as detached villa condominiums. Bailey's Grove is complete with a community center and pool, a park with gazebo, walking trails, a preserved natural area and an on-site elementary school (Endeavor Elementary). Bailey's Grove is beautifully landscaped by PROCARE winning the 2006 Award for outstanding Landscape Maintenance and received accolades from the Michigan Department of Environmental Quality and the National Arbor Day Foundation for preservation of wetlands and wise land use planning.

Bailey's Grove being located in the City of Kentwood brings many benefits including one of the lowest city tax rates, large selection of housing and beautiful parks.

CURRENT LISTINGS IN BAILEY'S GROVE:

What is around Bailey's Grove Community Kentwood, Michigan ?

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Kentwood Michigan Top Best Buy Homes July 2011

A list of the TOP Best Buy Kentwood Michigan Houses to buy,

based on $80-$90/ 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 and amenities should be similar.

The price should reflect the interior finish of the home. For example,

if the home has marble tile, new windows, new mechanicals & a new kitchen,

this would be more per square foot than a home that still has pre-1990’s

fixtures, decor and/or is in poor or tired condition.

July 2011 TOP BEST BUYS in Kentwood Michigan Homes

Top Kentwood MI Homes to Buy $80-$90 per Square Foot:

6676 Eastern Ave $79,900 936 Sq Ft $85.36/SqFt

5261 Blaine Ave $99,900 1150 Sq Ft $86.87/SqFt

5181 Breezefield Ct $100,000 1119 Sq FT $89.77/SqFt

3276 Tallman Ave $109,900 1232 Sq Ft $89.20/SqFt

4622 Blaine SE $117,900 1372 Sq Ft $85.93/SqFt

4857 Marshall Ave $117,900 1360 Sq Ft $86.60/SqFt

934 Sluyter St $119,900 1400 Sq Ft $85.64/SqFt

3435 Meadow Lake Ct $124,900 1392 Sq Ft $89.73/SqFt

5762 Sugarberry Dr $129,900 1460 Sq Ft $88.70/SqFt

5069 Alyssum Dr $131,900 1487 Sq Ft $88.70/SqFt

2582 Blooming Bud Ln $137,655 1554 Sq Ft $88.59/SqFt

3558 Raintree Ct $144,900 1692 Sq Ft $85.64/SqFt

5616 E Grove Dr $154,900 1812 Sq Ft $85.49/SqFt

1939 Hollow Creek Dr $159,000 1795 Sq Ft $88.58/SqFt

2441 Whispering Mdw $169,900 1978 Sq Ft $85.89/SqFt

2161 Stowevalley Dr $174,900 2056 Sq Ft $85.07/SqFt

5727 W Grove Dr $179,900 2080 Sq Ft $86.49/SqFt

1931 Hollow Creek Dr $179,900 2000 Sq Ft $89.95/SqFt

3505 Birch Knoll Ct $244,900 2796 Sq Ft $87.59/SqFt

1265 Meadow Green $285,000 3214/SqFt $88.67/SqFt

52 Pending homes, 53 Sold Homes in Kentwood last month.

Average sold price = $ 101,979 down 4% from last month

Kentwood has been hit hard by the real estate downturn,

propelled by foreclosures and short sales. Short Sales are

extremely difficult for most home buyers to consider as a

purchase due to timing. Please keep in mind the time alone

[2-9 months] of negotiating with the banks makes it difficult

for some buyers to consider. Foreclosures are “somewhat” easier

to purchase but many are sold as-is, so funds for home repairs and

improvements are crucial.

The FHA 203K loan will allow you to roll some home

improvement costs into your home loan. If you have been

considering a Kentwood home purchase, ask us about how

this loan can work for you. Interest rates are still at record

lows and inventory is very affordable in Kentwood.

SEARCH FOR KENTWOOD HOMES

SEARCH KENTWOOD MI Short Sale & Foreclosure Homes

More Kentwood Michigan Real Estate Articles

Home Buying Questions & Answers

If you would like to view a Kentwood Home, please call

1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

All information is subject to verification & no liability for omission

or error is assumed.

Kentwood Michigan Free Summer Concerts 2011

Held at the Kentwood Library Amphitheatre on Wednesday nights.

Bring a lawn chair or a blanket for the lawn and enjoy the shows.

The new Kentwood Library is located at 4950 Breton Road SE.

Shows start at 7:30 pm.

June 15 – Kentwood Senior Chorale

June 29 – Senior Valentine and Steve”Doc” Yankee – Local Blues Legend

August 3 – Foster and Popps – Comedic Music duo

August 17 – Delilah DeWylde and The Lost Boys – Classic Country

Alcohol and smoke free environment

_________________________________________________________

Kentwood Michigan Neighborhood Real Estate Report – Crystal Springs May 2011

Quick Snapshot of Crystal Springs Real Estate Activity

Jan 1 through May 24, 2011

19 Active Listings

1. $195,000 1783 Spring Meadow Court
2. $200,000 2051 Glenn Canyon Dr
3. $204,900 6882 Crystal View Dr
4. $205,000 2038 Blackmountain Dr
5. $209,900 6881 Fairway Vista Dr
6. $214,500 7225 Crystal Stone Dr
7. $214,900 2088 Crystal Stone Ct
8. $249,900 7562 Crystal View Dr
9. $250,000 7239 Misty Morning Dr
10. $259,900 1436 Crystalaire Court
11. $264,900 7312 Old Lantern Dr
12. $269,900 1449 Penncross Dr
13. $275,000 7433 Crystal View Dr
14. $275,000 7239 Crystal View Dr
15. $350,000 7430 Old Lantern Dr
16. $379,000 1414 Kings Crossing
17. 469,900 7320 Brooklyn Ave
18. 299,900 7387 Old Lantern Dr
19. $469,000 7405 Old Lantern Dr

1 Pending Sale

7451 Crystal View Dr

7 Sold Properties

1. 6892 Crystal View Dr $158,500
2. 2076 Blackmountain Dr $179,900
3. 7329 Misty View Ct $182,000
4. 2050 Blackmountain Dr $218,750
5. 1955 Crystal View Ct $220,000
6. 7044 Crystal View Dr $225,000
7. 7430 Crystal View Dr $244,000

Almost a twelve month Absorption Rate for Crystal Springs

homes for 2011. Homes are selling but they must be in great

condition if you expect buyers to pay top dollar.

StoneWater Country Club is now part of Watermark properties,

so if you belong to StoneWater, you may also play Watermark

Country Club and Sunnybrook Country Club….a great trio of local

courses to challenge your game.

SEARCH FOR Kentwood Homes

SEARCH KENTWOOD Short Sale & Foreclosure Homes

StoneWater Country Club

Michigan Golf Photos

Kentwood Michigan Real Estate Articles

Foreclosures impact home selling prices when you have multiple foreclosure sales in your neighborhood. It isn't a huge impact when you only have one.

In Michigan how many neighborhoods only have one home that has been a foreclosure sale? Not that many I am affraid.

I have a client that we have negotiated a short sale. The process takes time and communication with the lender. Not all lenders are open to the short sale process end when they tell you they are! We have had an appraisal done to show the reality of the market not related to the mortgage owed.

This data helps lenders who hire people like me to assess value. I do "broker price opinions" (BPO) based on real information. I am not an appraiser but appraisals are opinions by an licensed appraiser of price at a specific time and date, nothing more nothing less. Ask three appraisers and get three different answers.

Sell prices are being impacted by foreclosures and short sales like it or not. I just talked with a seller who is filling out the paperwork for a short sale. The seller can not pay his mortgage. The short sale is his best opportunity to reduce his debt in my opinion to save what's left of his credit short of foreclosure and bankruptcy.

Will this impact his neighbors sell prices? Yes. Will we price the home at a give-away price? NO. The home is not in terrible condition. It is not vacant or in deteriorating physical condition. Will it be discounted below it's true market price? Yes.

The goal is to sell fast and avoid foreclosure. The only way this can happen is to price the home attractively to create buyers. Other homes for sale in the area will help sell this home based on price.

Many sellers won't believe buyers will buy a foreclosure or short sale home over their home. It happens everyday.

Thinking of selling or need to discuss your options? Give me a call for frank honest opinions about your sell price options.

Free Sell Price Opinions in the West Michigan area.

Thanks for stopping by www.GaryLWhite.com

Call: 616-784-2360 Email: GaryWhite@FlexitRealty.com