Rockford, MI Real Estate News

By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Real Estate Market Report Rockford Michigan ~2009 Current Absorption Rate for Rockford Michigan runs from 9.7 months for lower end homes under $ 185,000, up to over 3  years for the very upper end of the Rockford market.  The lower end of the Rockford  market is moving faster than higher priced homes for 2009.  With interest rates likely to rise in 2010 and with buyer tax credits disappearing after the first quarter, long listing times in Rockford will likely continue into 2010, with a decrease in prices driven down by weak buyer demand. 202 Active Rockford MI Listings under $185,000 Absorption Rate : 9.7 months Sold Rockford Homes: 248 Pending Rockford Homes: 36 Average sold price  $ 131,004 High Sold price $185,000 Low Sold price  $53,900 Average Sold Price/SqFt  $94.50   Rock...
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By Charlene Hammontree, Meeting the needs of Buyers and Sellers in MICH
(616 Realty LLC)
I find too many home owners, waiting too long to find solutions to their mortgage issues. The days of wearing flip flops and relaxing at the beach are long gone or are they.... well maybe if you live in Michigan ... snow right now! lol  Most important, if youare headed in trouble, don't burry your head in the sand either. Here are the first 3 steps I would recommend you do. Talk to someone! You might be surprised at how others are in the 'same bo at' as you and have crossed some bridges that will make it easier for you. I ran across a great article on MSN MONEY that might be of some help as well.  Seek true professionals! Research everyone you are talking to. If a friend or family member gives you advice, even though they may mean well talk to their source. You may find out more informa...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
We have gathered a list of the top Rockford Houses to buy based on price per square foot, one of the best ways to sort through homes for values. 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. The total square footage is noted here, alth...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
We have gathered a list of the top Rockford Houses to buy based on price per square foot, one of the best ways to sort through homes for values. 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.   The total square footage is noted here, al...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
We have gathered a list of the top Rockford Houses to buy based on price per square foot, one of the best ways to sort through homes for values. 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.* We will NOT Be listing SHORT SALES on this list, if known. Check back often or just subscribe to our blog to get up-to-date local real estate information that you...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
We have gathered a list of the top Rockford Houses to buy based on price per square foot, one of the best ways to sort through homes for values. 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. The total square footage is noted here, alth...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Real Estate Market Report ~ Rockford Michigan ~ July 2009 Current Absorption Rate for Rockford Michigan is 8 months on average, which means if no new listings come on the market, it will take 8 months to sell current inventory.  The under $200K market is moving faster than the over $200K. Homes less than $200,000 since May 1, 2009 sold prices appear to be selling for slightly more in Rockford Public School District  last month.  Foreclosure & bank owned homes could be keeping the figures down. The over $200K market has taken a slight increase in average sold price from last month.  All good signs for Rockford sellers.   255 Active Rockford MI Listings under $200,000 Sold Rockford Homes: 76 Pending Rockford Homes: 51 Average sold price  $ 133,794 High Sold price $196,000 Low Sold...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Real Estate Market Report ~ Rockford Michigan ~ June 2009 Current Absorption Rate for Rockford Michigan is 7.5 months on average, which means if no new listings come on the market, it will take 7.5 months to sell current inventory.  This is a  50%. decrease from last month, so inventory is selling.   The under $200K market is moving faster than the over $200K. Homes less than $200,000 since May 1, 2009 sold prices appear to be still declining slightly, even though 126 homes sold in Rockford Public School District last month.  Foreclosure & bank owned homes could be tipping the figures downward. The over $200K market has taken a 15% decrease in average sold price from last month.   255 Active Rockford MI Listings under $200,000 Sold Rockford Homes: 40 Pending Rockford Homes: 57 A...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Rockford Michigan will be celebrating the 4th of July by having a Children's Bike Parade, outdoor concert and a fireworks display. Like most small towns across America, this is the time to show your patriotism by decorating your bike, riding in the parade so your  proud parents can take pictures.  In Rockford, you get to relax by the Rogue River for an outdoor concert and a great  fireworks display.   July 4th Schedule of Events:   Children's Bike Parade  1:30 pm registration, 2:00 pm parade begins - Downtown Rockford (Squires St parking lot)   Garden Park Concert - 7:30 pm - 10:00pm The Oxymorons Band   Fireworks Display -  Over the City at dusk ( approx 10:15 pm)   Westbrook Realty Grand Rapids Real Estate 
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Starting June 9th, you can relax by the river with various Blues Bands in Rockford, Michigan this summer.  Bring a blanket and enjoy! The Rockford Area Arts Commission and the City of Rockford are presenting  the Huntington Rogue River Blues Series for 2009, sponsored by Huntington Bank. This popular series brings gret local live music to Garden Club Park downtown Rockford by the river most Tuesday evenings this summer.    The Place: Garden Club Park Stage located along the White Pine Trail near the Dam. The Time: 7:00-9:00 pm The 2009 Summer Concert Schedule: Tuesday June 9, 2009 - Weezil Malone Band Tuesday June 16, 2009 - Lynn Thompson Band Tuesday June 23, 2009 - Root Doctor Tuesday June 30, 2009 - James Reeser and the Backseat Drivers Tuesday July 7, 2009  - Tomas Esparza Blues Exp...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Real Estate Market Report ~ Rockford Michigan ~ May 2009 Current Absorption Rate for Rockford Michigan is 15 months on average, which means if no new listings come on the market, it will take 15 months to sell current inventory.  Although this is a  9 mo. decrease from last month, inventory is still high.  If you aren't serious about selling your Rockford home, don't put it on the market.  If you have to sell, it must be priced correctly and be in excellent condition with the huge inventory available, buyers can be very picky. The under $200K market is moving faster than the over $200K. Homes Less than $200,000 Since Jan 1, 2009 sold prices appear to be still declining, even though 161 homes sold in Rockford Public School District last month. The over $200K market is rising in h...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Rockford Michigan Real Estate Market Report April 2009   Current Absorption Rate for Rockford Michigan is 24.69 months  on average, which means if no new listings come on the market, it will take 24.69 months to sell current inventory.  This is a slight increase since last month.  If you don't need to sell your Rockford home, don't put it on the market.  If you have to sell, it must be priced correctly and be in excellent condition with the huge inventory available, buyers can be picky. The under $200K market is moving faster than the over $200K. Homes Less than $200,000 Since Oct 1, 2008 sold prices are still declining, even though 20 homes sold last month in Rockford Public School District. The over $200K market is starting to rise in average price and price per square foot over the l...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Rockford Michigan is a picturesque small town north of Grand Rapids, Michigan. It has a vibrant downtown shopping area with boutique stores, restaurants, and a beautiful park, Pebbles Park.  Rockford is located right on the Rogue River.  Though it is small, it has many attractions and large suburban housing areas surrounding the downtown area.  We hope you enjoy our photographic tour of Rockford Michigan.           Rockford has a large public school system with state of the art schools.  Wolverine Worldwide is also located in Rockford on the Rogue River and employs many people in this area. If you aren't familiar with their name, they make Merrell, Hush Puppy, Sebago, Track"nTrail, Hy-Test, Patagonia,  Cat, Harley Davidson, and Bates Brand Shoes and clothing.     Grand Rapids Real Estat...
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By Charlene Hammontree, Meeting the needs of Buyers and Sellers in MICH
(616 Realty LLC)
The thought of selling can be very overwhelming. Not knowing the market conditions are only part of the reason a good real estate agent can add value in the home sale process. Here is a little quiz to get you started. 1. Do you want an agent to: ( ) a. Tell you what you want to hear? ( ) b. Tell you the Truth? ( ) c.  Tell you to list it yourself?   2. Do you want an agent that: ( ) a. is an expert in negotiating? ( ) b. is passionate about real estate? ( ) c.  customizes a marketing plan to your home? ( ) d.  All of the above   3. All real estate agents do is list your property on the multiple listing service, and stick a sign in the yard and get paid a lot of money to do that. ( ) TRUE ( ) FALSE   4. I can sell my home myself. ( ) TRUE ( ) FALSE   5. I can save myself money by selling...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
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.      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, o...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
We have gathered a list of the top Rockford Houses to buy. 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.   The total square footage is noted here, although only the main floors are used to figure price per square foot, even if the ...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Absorption Rate for Rockford Michigan is 18.35 months on average, which means if no new listings come on the market, it will take 18.35 months to sell current inventory. The under $200K market is moving faster than the over $200K.   345 Active Listings in Rockford MI today. 132 Sold Rockford Homes since July 1, 2008 with high price at $385,000 and the low price at $50,000. 22 Pending Home Sales since June 30, 2008 to date. Average Rockford List Price:  $ 245,443 Average Rockford Sale Price: $ 207,554   If you have any questions about a Rockford or Grand Rapids MI homes, please contact me directly. Grand Rapids -Ada Real Estate - Westbrook Realty Copyright 2009  All rights reserved Photo of Downtown Rockford by Bonnie Westbrook
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
We have gathered a list of the top Rockford 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.     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 $35.31 to $74.31 here. The lowest list price is $54,900 and the highest list price is $179,999 for January 2009  BEST BUY Homes in Rockford, Michigan.     The Top Rockford Homes to Buy by Price per Square Foot: 10495 Summit Ave NE      $ 86,400    1740 Sq Ft   $49.66/SqFt 6597 Echo Dr NE              $ 54,900    1555 Sq Ft   $35.31/SqFt 8359 ...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Rockford MI Real Estate Market Report Current Absorption Rate for Rockford Michigan is 25.6 months on average, which means if no new listings come on the market, it will take 25.6 months to sell current inventory. The under $200K market is moving about 4 times faster than the over $200K. 320 Active Listings in Rockford MI today. 57 Sold Rockford Homes since July1, 2008 with high price at $385,000 and the low price at $20,000. 18 Pending Home Sales since Oct 30, 2008 to date. Average Rockford List Price:  $ 250,070 Average Rockford Sale Price: $ 207,403   If you have any questions about a Rockford or Grand Rapids MI home, please contact me directly.   Grand Rapids -Ada Real Estate - Westbrook Realty  Copyright 2008  All rights reserved  Photo of Downtown Rockford by Bonnie Westbrook
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By Charlene Hammontree, Meeting the needs of Buyers and Sellers in MICH
(616 Realty LLC)
Technorati Profile When events happen in your life you are sometimes not sure as to what to do with them. Where they are to be used to shed and grow. We have had several in our family over the last few years. We have embraced some and are still learning with others..   In early Feb of 2002, my husbands father had passed away and we all deeply saddened by this event. Our 3 year old was very sick during December of that year that included a trip to the ER. He was fine, but my husband carrying and holding the weight of a sick child, herniated a disc in his back. He had surgery early in 2004. After a mild recovery period was able to go back to work at a desk job he had for 11 years. Shortly however, they restructured the company ...
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