Considering selling For Sale By Owner?

If you are considering selling your home "For Sale By Owner" here are some things to consider:

Source: Keeping Current Matters 2014

What Determines A Buyer's Market, Neutral Market or Seller's Market?

It's all about the fundamental law of supply and demand.

In a Buyer's Market there is a greater supply of homes and a fewer amount of buyers in the market. This causes the price of homes to depreciate. This is when there is a greater than 7 month supply of homes on the market.

In a Neutral Market there is a balance between homes available and buyers in the market. This causes homes to only appreciate with the rate of inflation. This when there is a 6-7 month supply of homes on the market.

In a Seller's Market there are fewer homes available and buyer's will have to compete for the homes on the market. This causes the price of homes to appreciate. This happens when there are less than 6 months of inventory on the market.

7888 Railside Dr SW, Byron Center MI 49315- SOLD

7888 Railside Dr SW, Byron Center MI 49315

$550,000

Amazing 2 story on a wooded lot with golf course frontage on Railside Golf Course. Well thought out floor plan with  that has exceptional flow. Foyer with hardwood floors, formal dining room, spacious kitchen with solid surface countertops, stainless subzero refrigerator, 6 burner stainless range with double oven, pull out pantry cupboards, center island and snack bar, dining area, sun room, expansive great room with soaring cathedral ceilings and a fireplace, office/Study, master suite with his and hers walk-in closets with organizers, private bath with shower, his and hers vanities, separate stool room and lavish jet tub, main floor laundry, upper level bedrooms have private baths and walk-in closets with organizers, fitness room, huge rec room with wet bar and fireplace, 4th bedroom, huge bath with double sinks, tons of storage, garage space galore with almost 6 stalls of parking space, 2 decks. Convenient location near the M-6 and US 131 highways and only minutes from Rivertown shopping and dining.

Check out the virtual tour! http://tours.freesframephotography.com/35555

Call Liz Opatic at 616-293-9952
Five Star Real Estate
4601 Lake Michigan Dr NW

2717 VanBuren St, Hudsonville MI 49426- SOLD

2717 Van Buren St, Hudsonville

What a find! This fantastic bi-level home has everything you are looking for open floor plan, cathedral ceilings, large living room, kitchen with an island and snack bar, dining area with sliders to the deck, master bedroom with double bi-fold closets and private access to main floor bath, 2nd main floor bedroom, the lower level has plenty of living space as well with a family room that has an electric fireplace, rec room with ceramic tile floors and sliders to the patio, huge 3rd bedroom, another full bath, laundry and storage. The outdoor feature list is impressive as well, large 1/3 acre lot with underground sprinkling, fenced back yard, 2 stall garage with door opener, shed for additional storage, deck with steps down to the patio, beautiful landscaping. Hudsonville Schools. Move right in!!

http://2717vanburenst.agentmarketing.com/

Call Liz Opatic at 616-293-9952

Five Star Real Estate

4601 Lake Michigan Dr

2013 Home Features Survey

Which Home Features Did Buyers Value in 2013?

• 20% of home buyers felt that granite countertops were very important
• 17% of home buyers said that they valued stainless appliances
• New kitchen appliances and eat in kitchens were more important than the granite countertops or stainless appliances.
• 65% of buyers considered finding a home with central air conditioning very important to their search
• Among buyers 55 years or older, 42% considered finding a home all on a single level very important, compared to just 11% of buyers under 35.
• The feature that had the highest value that buyers were willing to pay more for is having a waterfront property.
• 53% of buyers did undertake a home improvement project within 3 months of buying, and the typical buyer spent $4,550 on improvement projects.
• 97% of buyers were satisfied with their recent home purchase.

For more features and information click here.

Source: NAR