2018 Year-End Grand Rapids Home Trends and Statistics
Images Courtesy of the Greater Regional Alliance of Realtors (GRAR)
Images Courtesy of the Greater Regional Alliance of Realtors (GRAR)
Posts
[Sold] $65,000 Midtown home in good shape, 13 Inlet Place
If you can get past a basement with a dirt floor, this home is a rare find in Midtown area: good shape, a street away from the farmers market, convenient to downtown and many neighborhood offerings. Plenty of parking also included, which is rare for the street. Two rooms upstairs, main floor laundry, bath and bedroom, fresh carpet paint and flooring throughout.
[Sold – $104,900] Just Listed: 3323 Paris NE $109,900
Grand Rapids Real Estate. This charming, nicely-renovated Dutch Colonial home sits conveniently near Riverside Park ten minutes from Downtown. Full of original oak floors, this roomy two bedroom home is big on living area with a flowing main floor layout. The newly-installed upstairs bathroom fits nicely alongside freshly refinished hardwood floors. Bay windows in the living room & formal dining room bring in lots of natural light and views to the quiet tree-lined street. View uninterrupted sunsets from the back deck. The basement is clean with plenty of headroom and a bonus room out to the back yard that could have once been a garage. Parking out front. Come visit today!
Freshly Squeezed
Thanks to Freshly Squeezed Print Shop for the fruits of this great collaboration.
Pete Interviewed by Fox 17 / Problem Solvers
Fox 17 News contacted Pete for comments on a rental scam happening in Grand Rapids. It ran as a popular “Problem Solvers” segment on July 14, 2015:
GRAND RAPIDS, Mich. — Rental scams online are nothing new. However, a Grand Rapids realtor warns of a more sophisticated scheme. It starts with people posing as property owners or property managers.
“They’ll meet at the property. They’ll have a way to have gotten keys, made duplicates and let you in through the front door. Or they can break a window and break in just like any other theft,” Pete Bruinsma, with Grand Rapids-based Life Cycle Property Management said.
After the walk-through, the thieves take a cash deposit…
[Sold: $111,650] Just Listed – Classic 50’s Style Ranch, nicely maintained, only $110,000.
Link here to Full Listing and Photos
Cedar Springs, MI. This is a classic 50’s style ranch that has been nicely maintained in every aspect. Kitchen has been updated, new paint throughout, nice floors. The spacious back yard is bordered by nice flowerbeds and landscaping. New roof. Set up a private showing today!
[Sold $128,000] 901 Northwood / Creston Cheshire: Just Listed – $128,000
Come explore this sprawling, all-brick mid-century ranch in the desirable Creston-Cheshire neighborhood! The main floor is a charming modern residence with lots of natural light and plenty of space. Sit and enjoy the window-lined sitting room, or couch it in the traditional 50’s ranch-style living room with huge glass picture window. Eat out back on the deck, in the kitchen, or the formal dining room. Finished knotty pine retro basement features two large rooms and a wet bar for entertaining. Dig a little deeper and you’ll find a workshop with shower stall and bathroom adjacent to a laundry room. Great location close to the Grand River, several parks, bike trails extending across the state, two expressways, downtown Grand Rapids, and public transportation.
Pete was amazing from the get go by providing us with the necessary information we needed to make the right decisions in both selling and buying. He was incredibly friendly, timely, always available and had good connections to other realtors which allowed for smoother and quicker transactions. He’s also makes for a great photographer should you be selling your home. I highly recommend him whether you are selling, buying or both!
Lesly Thiel
[Sold $95,000] – Convenient, renovated main floor condo near Centerpoint Mall – List Price $94,900
Great new condo just listed near Rishi’s International Beverage, Mikado Sushi, The Orbit Room and Centerpoint Mall. 3BR 3BA, in-ground pool, new paint and carpet, under $100K!
Household Net Worth of Homeowners vs Renters
I sat in on a two hour talk with Lawrence Yun the other week, and it was great. One of the things he brought up that really stuck is how directly home ownership can affect a family or individual’s net worth. Here’s an illustration of the results of the government survey he quoted:
In the short term, it may or may not be considerably easier to lease. But, investment in a home can absolutely help out in the long term, as a homeowner pays down the balance and achieves more and more equity. This is one major reason why the federal government offers so many incentives for first time buyers:
Let FHA Loans Help You
MSHDA Downpayment Fairy
Fannie Mae FIRST LOOK listings
(only available to owner occupants)
Classic Riverside Park Cape Cod with Amazing Garage [Pending]
Nice little place to call home a street away from Riverside Park! Just under 80k, many nice improvements and architectural components, fenced yard, and a gnarly oversized garage that is the envy of the block.
