Posted in Grand Rapids, Grand Rapids Homes For Sale, Grand Rapids, Mi Real Estate Market Reports, audu real estate, tagged Grand Rapids, Grand Rapids Homes For Sale, grand rapids michigan, grand rapids michigan homes for sale, grand rapids michigan real estate market reports, Mi Real Estate Market Reports, michigan on August 6, 2008 | No Comments »
Well, it looks like 2008 is so far shaping up to be a better year for Sold Homes Statistics than 2007 was. This is significant given the news that has inundated the national news about the decrease in units sold. For the past 7 months in Grand Rapids, Michigan, every single 30 day period with the exception of 2 months saw an increase in the number of units sold from the previous year.
Read Full Post »
As we head into the last half of the year, it’s helpful to take a look at the overall condition of the real estate market here in Grand Rapids. Although, we have continued to struggle through a crippling excess of inventory, some important trends within the past 4 months have remained stable
Read Full Post »
Summer weather roared in with blazing high temperatures and strong storms here in Grand Rapids, Michigan! It’s been a little while since I’ve been able to look out my window at a clear blue sky and gently swaying trees. In some ways the recent rush of climatic activity is a metaphor for the real estate situation here in West Michigan.
2008 has been a year in which we have seen some stormy conditions.
Read Full Post »
Posted in Grand Rapids, Grand Rapids Homes For Sale, Grand Rapids, Mi Real Estate Market Reports, audu real estate, tagged Grand Rapids, audu real estate, michigan, Grand Rapids Homes For Sale, grand rapids real estate trends, Mi Real Estate Market Reports on May 9, 2008 | 1 Comment »
To say this has been an interesting 24 months in the real estate industry in Grand Rapids, Michigan would be an understatement. The Grand Rapids Association of Realtors began tracking the significant increase in foreclosures in the Grand Rapids area at the start of 2007.
Concern that the numbers were in the low double digits increased as the foreclosure and short sale rates climbed upwards towards just shy of 49% by December of 2007. But something shifted in 2008
Read Full Post »
Homeowners in Grand Rapids, Michigan got several pieces of good news during the past 60 days! Here they are in a nutshell:
There was a sustained & steady increased in the number of homes Sold for October 2007 to January 2008.
January 2008 Sales were the highest number recorded since 2004!
In February, Fewer homes were placed on [...]
Read Full Post »
In a press release dated February 29, 2008, the Grand Rapids Board of Realtors announced that sales of existing homes including single family homes, condominiums, and vacation homes rose to record levels in January of 2008. A total of 996 homes were Sold in January which was an 18.9% increase over the corresponding period of time in [...]
Read Full Post »
Posted in Grand Rapids, Grand Rapids, Mi Real Estate Market Reports, audu real estate, tagged Grand Rapids, audu real estate, michigan, real estate, Grand Rapids Homes For Sale, Grand Rapids Real Estate on February 27, 2008 | No Comments »
In Grand Rapids, Michigan it’s an argument that every real estate agent has heard at least once. In the opinion of most…one time too many. It goes something like this. I’d like to sell my home, but I need (X) amount from it. I know that you are recommending I list my home for 10 [...]
Read Full Post »
The past 24 months have witnessed some of the most significant Trend Shifts in the real estate marketplace in Grand Rapids, Michigan. These shifts have occurred because of a variety of factors which have ranged from economic issues to emerging new technology. Here’s a list of Five Important Real Estate Trends to watch.
1. Absorption Rates
There has been a significant increase in [...]
Read Full Post »
This interesting survey conducted by Ramit Sethi, a recent graduate of Stanford University is an informal but revealing analysis of how people respond when there is a need for some “belt tightening.” Housing is not the only sector of the environment being affected by the ups & downs in the economy right now…Click to read more.
Read Full Post »
If you’re like most people, you can’t help but wonder what’s going on in the real estate market these days. With all the talk of Sub-Prime Mortgages tanking and real estate home prices falling, it can be a little confusing to sort out truth from fiction.
Audu Real Estate is offering a New Service to Home [...]
Read Full Post »
