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Whether you are planning to buy your first home or sell your existing home, contact us today!
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Welcome to Stout Group Realty
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Welcome to Stout Group Realty, your source for Grand Rapids real estate.
In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in Grand Rapids with my New Listings Notification.
If you own real estate that you're thinking of selling, I would be happy to provide you with a FREE Home Evaluation. |
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Whether you are buying or selling a home, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist you with this important transaction.
In addition, if you have any general questions about buying or selling real estate in Michigan, please contact me as I'm more than willing to help.
Please browse my website for listings, reports and important local real estate information.
Sincerely,
Jeff Newberg
Stout Group Realty |
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Existing Home Sales Drop
During the month of December, existing home sales dropped more than expected.
According to the National Association of Realtors, existing homes sales dropped 16.7 percent to a seasonally adjusted annual rate of 5.45 million units.
Experts had expected December sales to reach 5.9 million annual units.
"We'll see a pickup in existing home sales in the next couple of months" as people take advantage of the tax-credit extension, said Adam York, an economist at Wells Fargo Securities LLC in Charlotte, North Carolina, who forecast a 5.4 million sales pace. Although "we're past the bottom," he said, "I don't think there's going to be a lot of buyers out there looking for a home outside of the tax-induced effects until they feel more comfortable with the labor market."
During 2009, there were 5,156,000 existing home sales, which was 4.9 percent higher than 2008's total.
During November, home buyers rushed to purchase homes to qualify for the first time home buyer tax credit, which helped existing home sales gain 7.4 percent.
Experts believe the tax credit will help boost the housing market as did the Cash for Clunkers helped auto sales.
"Since Cash for Clunkers has been over, autos have seen stronger and more sustainable sales -- and that's a function of a better economy," Thomas said. "That means home sales are likely to follow."
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(12 Photos)
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8910 96TH ST
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Howard City
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$239,900
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1,827 sq. ft.
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View
(1 Photos)
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Sale Pending
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627 E. Central Ave.
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Zeeland
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MLS®
SALE PENDING
$172,500
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3,095 sq. ft.
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(7 Photos)
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5343 E 136TH
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Sand Lake
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$131,900
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1,400 sq. ft.
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View
(4 Photos)
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Sold
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2153 Riverside
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Grand Rapids
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SOLD
$79,900
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1,266 sq. ft.
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View
(9 Photos)
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Sold
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2745 W 124TH ST
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Grant
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SOLD
$74,900
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2,160 sq. ft.
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View
(5 Photos)
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122 E. 37th St
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Holland
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MLS®
$64,900
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1,195 sq. ft.
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View
(3 Photos)
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Sale Pending
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15914 Coral Rd
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Coral
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MLS®
SALE PENDING
$14,900
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1,200 sq. ft.
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Grand Rapids Real Estate Board
Looking for more homes in the Grand Rapids area. Look here.
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Lakeshore Real Estate Board
If you are looking for properties on the Lake Michigan shoreline area, this is the site you want to see. The Lakeshore Real Estate Board handles all the listings in this area. Once you find that dream home give me a call!
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Stout Group LTD
Rockford and Greater Grand Rapids, Michigan area Real Estate!
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HUD Homes.
This is the HUD home web site with listings throughout Michigan.
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Blogging Site
Visit my Blog for comments or more information.
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Transaction Depot
Are you paying too much money to process credit card transactions? Without experiencing any disruptions, we can analyze your credit card merchant statement and save you money.
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Expanded Tax Break Available for First-Time Homebuyers
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New Tax Credit Extention to April 30th, 2010
The tax extension's new guidelines:
Buyers who have owned their current homes at least five years would be eligible, subject to income limits, for tax credits of up to $6,500.
First-time home buyers — or people who haven't owned a home in the previous three years — could get up to $8,000. To qualify, buyers have to sign purchase agreements before May 1 and close before July 1.
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Fremont
3/Bed 1/Bath country rancher on 5 acres
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Fruitport
4/bed 2.5/bath Ranch
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Sparta
3/bed 1/bath Older Bungalow with almost 2 acres.
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Middleville
Three unit rental. Good income potential.
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Plainwell
3 bed 3 bath with a three stall garage att. on 10 acres.
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Holland
3 bed 1 bath with a fenced yard and attached one stall.
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Grand Rapids
3 Bed 2 Bath Close to downtown
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Nashville
3/bed 1/bath older farm house
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Wyoming
3/bed 1.5/bath 1 1/2 story with a two stall garage
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Wyoming
3/bed 1.5/bath two story with a detached two stall garage
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Grand Haven
4/Bed 4/Bath with almost 5 acres!
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Grandville
3/bed 2/bath two story with a detached two stall garage
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Howard City
2/bed 1 bath country rancher with barn and acreage
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Dorr
3/bed 2/bath newer bi-level
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Delton
4/bed 2/bath newer two story with acreage
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Rockford
Newer 2 bed 2 bath condo close to town with attached 2 stall garage
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