Tag Archive for: Real Estate

Recent Grand Rapids Market Trends from NAR

The National Association of Realtors has released some end of the year market trends for our area.
For the full report, click here (50K PDF).

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HUD Incentive Expires this Week!

If you’ve worked with me much over the past year, you probably know that Ive been a big proponent of HUD homes.
From now til 2/12/10, you can still put $100 down and get a HUD Home with an FHA loan. You will also receive $2500 cash back at close on any offer over $25,000. Rehab loans available.
Combined with the 10% 2010 Obama tax credit, this is the best deal Ive ever seen for a first time buyer.
Last chance: Email me if you’d like to receive a list of HUD homes in your targeted area and price range!

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Featured Neighborhood Profile: Heritage Hill

Market Data Compiled 1/25/10 by Pete Bruinsma, GRI.

Sales in past year:

Frequently Requested Heritage Hill Info:

  • Heritage Hill is one of Grand Rapids’ oldest neighborhoods. It was added to the National Register of Historic Places in 1971
  • Downtown location borders downtown businesses, schools, US-131, I-196/96, as well as the Medical Mile and Uptown.
  • Property tax millage:  Homestead: 29.76 / Non-Homestead: 47.76
  • Price/square foot $91.23
  • Health facilities
  • Parks and recreational facilities
  • Convenient to many restaurants, cafes, shopping in all directions
  • Population: Population 4,429  Age 18-64: 86%

    • More info on Crime statistics Population Density, Owners vs Renters, School District, can be found here.
    Great Article: http://www.rapidgrowthmedia.com/Cities/HeritageHill/

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