The Sprich Group has just dropped the price of this 4 bedroom, 2 bath home in Alger Heights in Grand Rapids to $79,900. This cape cod home at 2318 College,  is mostly brick  and is spacious and ready for your family to move into and enjoy. This home is a short sale, but it is approved and could close in under 45 days. Don’t miss this great deal in the Grand Rapids real estate market.

In an article by Jim Hargar of The Grand Rapids Press, Grand Rapids home sales are up 5.7% from 2011 and the average Grand Rapids real estate sale price was up 3.1%. Another piece of news to pass along is the average days on the market for a home in the Grand Rapids real estate market was down from 90 to 77 days. For more on this article, click here.

There has been some great news for Grand rapids real estate as well as the housing market nation wide.

Foreclosures are down to the lowest rate since 2007 according to RealtyTrac.  In an article posted on housingwire.com , banks filed foreclosure papers on roughly 205,000 homes, the lowest since 2007.  For more on the article, click here and see.

In an article just posted by CNN Money, the federal government has extended a waiver to let FHA buyers flip houses, in an effort to stabilize the National and local Grand Rapids area housing market. This will help foreclosures from being left on the Grand Rapids real estate market for extended periods of time and help bring the market back to a more stable outlook. For more information about this article on FHA regulations and a link to the article, click here.

Pending homes sales have jumped up to their highest level in over a year!! That is a great sign that the Grand Rapids real estate market is finally on it’s way back.

With Grand Rapids real estate market home inventories at it’s lowest since 2006, interest rates at all time record lows, Buyers tired of sitting around and waiting, the Grand Rapids real estate market is showing signs of recovery.

Here is a great article By Meg Handley of US News….The Home Front

If you are looking for some great information about the current Grand Rapids real estate market in  and around the rest of the United States, then take a look at this article from US News,  written by Meg Handley, and posted by Yahoo Finance.

This article talks about many of facets that are currently happening in and around Grand Rapids.

1. Job Growth

2. More clarity on the foreclosure process

3. Faster foreclosure process

4. Home inventories are coming down

5. Rental prices going up

Here is the link:  Road map to the Housing Rebound

Here is a recent testimonial from a happy Grand Rapids real estate client that both bought and sold a home in Rockford with The Sprich Group.

Take a look at this great article in the USA Today newspaper. This article is great information for all of you trying to sell your home in in the greater Grand Rapids real estate market. The article discusses 5 ways to help sell your home in the winter faster. The winter months are always a very trying time for home sellers in Grand Rapids as the market is very slow. The weather isn’t very accommodating for looking at homes and the holidays are here as well.

The Sprich Group just listed this fantastic Lake Michigan property at 17334 Sheldon Dunes and this Grand Haven Schools listing was sold in 7 days!!! Better yet….Cash Offer!!!  Another happy Grand Rapids real estate seller!!!

The Sprich Group has just dropped the price of this Grand Rapids real estate listing at 2353 Edington Ct. to $129,900. This Ranch Style Condominium  in move-in condition and  Immediate Possession. Master Suite And Guest Bedroom and two full baths On The Main Floor, Living Room With Fireplace and skylights, Kitchen With Spacious Dining Area, Sliders To Deck. Downstairs Features Walkout Area With Rec Room, Bath With Jacuzzi Tub, possible 3rd bedroom,small kitchenette, Workshop Area And Lots Of Storage. Located Close To The Clubhouse With Pool. There is new hardware everywhere, door knobs, faucets, handles and so on.