Forest Hills Michigan Neighborhood Real Estate Market Reports Jan-Dec 2011
The 2011 Market Reports for Forest Hills suburbs of Grand Rapids
are linked below. Some areas went down in activity, some went up, some
stayed relatively the same.
Which proves the maxim, all real estate is local. These are local Forest Hills
neighborhood reports, so they will give an overall picture of what has happened
in these spe cific Forest Hills areas. If you want to know what is happening in your
neighborhood, just give us a call.
Adacroft Commons Market Report
Caravelle Village Market Report
Centennial Park Condos Market Report
Forest Hills Gardens Market Report
HUD Good Neighbor Next Door Home Sales Program
This HUD program is available to a select group:
These buyers are offered a discount of 50% from the list price of a HUD home.
The buyer must remain in the home for 36 months and be your sole residence.
The program is being offered in certain areas, revitalization areas, are listed
only for sales through the Good Neighbor Next Door Sales program for purchase
through the program for five days.
HUD requires that you sign a second mortgage and note for the discount amount.
No interest or payments are required on this "silent second" provided that you
fulfill the three-year occupancy requirement.
The number of properties available is limited and the list of available properties
changes weekly. To learn more, go to Good Neighbor Next Door.
Originally published at Grand Rapids Real Estate Blog
Ada Township Michigan Christmas Tree Recycling
Once again, Ada Township offers recycling for natural Christmas trees
for its residents. They can be dropped off at the back parking lot of Ada
Township Park until Monday January 13th, 2011.
The trees will be recycled into wood chips for use in the park.
Please remove any decorations, wires, strings, ribbons or other items
that might interfere with a chipper.
Please no wreaths or garlands.
This article first appeared at Grand Rapids Real Estate Blog
Grand Rapids Michigan November 2011 Sales Stats
The November home sales statistics are in and the news looks good.
Sales are up in November across the board in all price ranges.
The price range that has seen the most activity is $100,00 – $ 139,999;
almost 1 in 5 homes sold in November 2011 were in this price category,
with overall highs ranging over $1 million and lows under $ 19,000.
The Grand Rapids housing market has 24.6% fewer listings year-to-date
than last year. This means shrinking inventory for buyers and good news for
sellers.
The Average Home Sales Price is up from 2010 by about 3%; from $ 118,217
to $121,920. In our opinion, this increase is caused by the REO’s and foreclosure
sales numbers are down and more banks are embracing short sales.
Please note these prices are averages for the whole Grand Rapids market.
If you would like to know what prices are in your neighborhood, give Terry a call.
Real Estate Myth #7: Waiting for Spring to Sell Your Home Will Get You More Money
The old adage that told sellers to wait until the improved spring market
to put their home up for sale is just that – an old saw. And not true today.
Buyers tend to favor the spring and early summer market to move but this time
around, it could be costly for both buyers and sellers.
If you haven’t been following real estate news, yes, I know, it starts
to become blah, blah, blah, after awhile; then you might be unaware of the
shadow inventory. All the experts agree, this 4 million+ housing inventory
of foreclosed and about-to-be foreclosed homes is weighing the market down
right now—and we have 45 more months of inventory to work through.
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Our team provides Buyers & Sellers in the Greater Grand Rapids Michigan Area the best resources & user friendly tools we can find to make a stress free decision about their real estate investment
As leading real estate professionals in Grand Rapids MI, including Ada Michigan, Cascade Michigan,
Caledonia Michigan, East Grand Rapids Michigan, Kentwood Michigan, Lowell Michigan and Rockford Michigan.
We can assist you in determining which area of our community is best suited to your needs as a Grand Rapids Buyer.
Our GRAND RAPIDS WEBSITE contains tons of information just for you. You can SEARCH FOR HOMES in
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Grand Rapids Buyers: Search ALL The Listings in the West Michigan market.
We have lots of information for Buyers, whether it is your first time or you are a seasoned real estate veteran. When
your are ready to purchase a home, give Terry a call at 1-888-240-1988 ext 0.
Our Grand Rapids Online Relocation Guide will give you lots of information about our area.
When you SEARCH LISTINGS on the TerryWestbrook.com web site, you can save your custom
searches and refine them as you become familiar with Grand Rapids neighborhoods. The search page is
designed to help you, our home buyers, see the current real estate in the Greater Grand Rapids, Kent
County and West Michigan Market.
You can see ALL existing homes offered for sale on the Multiple Listing Service. Search by location,
price, features. When you're ready, contact Terry at 1-888-240-1968 ext 0 and we'll arrange a tour of
homes just for you.
You can also sign up for a FREE EMAIL REPORT of any new listings that hit the MLS that
meet your requirements DAILY! This provide this customized free service for our buyers to make
searching for homes easier.
We have lots of RELOCATION FACTS, PHOTOS, and Videos on our Grand Rapids Real Estate Blog.
Get to know the many different areas of Grand Rapids and West Michigan before you look at homes.
We also offer a RELOCATION Packet that can be customized for you which includes: Maps, School
Information, Shopping, Grand Rapids Chamber of Commerce info, etc.
Find out if you QUALIFY for a home mortgage and HOW MUCH Home you can qualify to buy.
This is extremely important in today's market. Pre-qualifying is not difficult and makes the purchase
of a home when you are ready so much easier. We can make referralls to legitimate lenders and
professional mortagage lenders whom we can refer with confidence.
We offer full service Real Estate Transactions for Buyers & Sellers, including:
New Home Sales & Construction: There are many new homes and new home developments ready
for immediate occupancy in the Greater Grand Rapids Area. The Westbrook Team is well versed in
new home construction and all the details it requires. From making your color selections, final walk
through, to closing the transaction, we have the expertise to make your new home purchase as easy
as possible.
CONTACT Westbrook Realty for timely real estate information in the Kent County or Grand
Rapids market area. TerryWestbrook.com is on top of market values and the latest in SOLD stats
to help YOU get the best price, whether buying or selling a home in Greater Grand Rapids.
We can guide you through the minefield of a "short sale" if you find yourself facing
this financial situation. It can be daunting but it can usually be accomplished with patience.
Calling us early for a consultation to see if a short sale will work for you is much better than
waiting until your house is in the foreclosure process.
We have provided video tours of some of our local areas so you can get an idea of what they look like and we have lots of local information. You can experience some of the communities here in Kent County through video.
Click on the communities below to view:
Ada Caledonia Cascade East Grand Rapids
Local Information Blog Articles:
Ada Michigan Articles Caledonia Michigan Articles Cascade Michigan Articles
East Grand Rapids Michigan Articles Kentwood Michigan Articles
Forest Hills Michigan Articles Lowell Michigan Articles
Rockford Michigan Articles Grand Rapids Michigan Articles
Grand Rapids Michigan - Buying a Home
Grand Rapids Michigan - Selling Your Home
Grand Rapids Michigan Relocation Guide
We strive to provide information, tools, and resources so Buyers & Sellers can make informed decisions
about real estate investments in Grand Rapids, Ada, Cascade, Caledonia, East Grand Rapids,
Relocating to Grand Rapids?
We would like you to have the benefit of our 30+ years of experience in marketing, negotiating,
and finalizing real estate investments with as little stress and discomfort as possible to the
Greater Grand Rapids Mi area. If you have a home to sell or are looking for a home to buy,
contact Terry CALL 1-888-240-1968 ext.0 or Email: terry@terrywestbrook.com
Terry is a very dedicated realtor! Our family can not say enough good about him. He was patient, persistent, creative and very knowledgeable in the selling of our home.
Our home was on the market during the time when homes in Michigan were not selling. We had an old farm house with acreage on a very busy road__ not an easy home to sell even in good economic times. With Terry's persistence and dedication we fortunately were able to sell our house. Terry even persisted on working coming right out of surgery. He completed the buy/sell agreement for our home a day after he was discharged out of the hospital. What dedication!!!
Our family would highly recommend Terry for selling or buying a home. He developed a personal relationship not only with my husband and I but also with our two teenage sons. What a wonderful realtor to have during a "stressfull" time for our family. Thank you so much Terry for all you did for us!!
Mary Beth, Mike, Kenzie & Dalton 
After six disappointing months with another company, we signed with Terry. The activity increased immediately and he sold our home quickly and easily. Tom & Joan
Terry helped us sell our house, then buy property to build a new one. Our family is now enjoying our wonderful new home. Jeff & Heather
When I started looking at buying a home in Grand Rapids, I met with a couple of realtors, and in a matter of 2 years, I had only been shown 3 houses. So, I decided to try looking on my own. I spent a lot of time looking in the paper, and just driving around. I went with a good friend one day to look at a house I had seen in the paper, and ended up driving around for quite a while trying to find it. She said, "Chris you can't do this on your own, it's too time consuming. You need someone to do all this looking for you. We'll call my realtor when we get to my house." Being a full-time working, single mom, I knew she was right. I was very apprehensive about making this call, as her house was substantially more expensive than the price range I was in the market for. So, my thoughts were that I would just be "small potatoes" in her realtor's eyes, and he would probably not spend much time assisting me. Especially since his commission would depend on the price of the house. But, we made the call and I set an appt to meet with him. We sat down, and he asked me lots of questions, and gave me some information about different areas in Grand Rapids. He took notes on what I was looking for (no other realtor had done that) and we scheduled an appt. to look.
The first day we went to look at homes, he handed me a color portfolio with helpful guidelines for what to look for in a home, and information with photos of 9 houses we were going to look at that day! I was amazed. From then on, he would send me information on new listings, and I would give him my feedback.
Since I am divorced, there were several hurdles that I had to jump to be able to buy a home. My realtor was helpful in getting me with the right people in order to take care of those issues, and he was patient as I did so.
Today, my young son and I have a beautiful home, where we've painted his bedroom room to his liking, he has a nice yard to play in, and friendly neighborhood children to play with. What I once thought was far out of my reach is now a reality, and I am so thankful to my realtor for all the help to get us here. I am also thankful for my good friend for pushing me to make the call in the first place. Realtor: Terry Westbrook ~ Christine
I have to thank you for the super job you did getting me so well settled. It could have been a very traumatic time but everything moved as " smooth as glass. " Your preparation was awesome, too. I sold real estate for only 2 years and I wasn't near you in the work you did for me. You sold my house and have me so well tucked in the new one in about one month! Has to be a record. Thank you and Bonnie, too for everythng. I can recommend you very happily -
Loretta M.
Just a note to let you know how much I appreciated everything you did for me in purchasing my condo - the circumstances were not great & the problems were many but you made it all happen pretty smoothly and always with a smile on your face. You have a great way of making sure we all "get with the program!"
-Lin C.
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