Wednesday, September 23, 2009

Local Market Update

Did you know…

that your RE/MAX agent has access to a roster of thousands of professional realtors worldwide to assist clients with their moves? The ability to make agent-to-agent referrals has always been a powerful and unique benefit of RE/MAX. If you are relocating to another area, whether it be across the state, across the country or around the world, your agent will connect you with another qualified, professional realtor to assist you with your real estate needs. Our Web Roster allows your realtor to personally select a another RE/MAX agent who will be a good fit for you. The goal of every RE/MAX agent is to make your moves as smooth as possible and we work together to make it happen!

Pending Home Sales Rise Again

Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of REALTORS®. The Pending Home Sales Index is a forward-looking indicator based on contracts signed. The last time there were four consecutive monthly gains was in October 2004.

Affordability at a high

NAR’s Housing Affordability Index remains at historic highs. The affordability index is the highest on record dating back to 1970. “Under these conditions the typical family would devote only 14.6 percent of gross income to mortgage principal and interest, which is one of the lowest percentages on record. The Home Affordability Index is a broad measure of housing affordability using consistent values and assumptions over time, which examines the relationship between home prices, mortgage interest rates, and family income. The first-time buyer tax credit also is benefiting the market. Strong activity by entry-level buyers is helping to absorb inventory and allow some existing owners to make a trade, Existing-home sales should trend up through the end of the year, with normal local market differences.

(Summary from the Grand Rapids Realtor. The Voice of Real Estate in Grand Rapids. The official publication of the Grand Rapids Association of Realtors)

Posted by John DeVries at 9:17 PM

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Client Testimonials

Better than expected

"Since the family lives out of town, we are grateful to John for making the sale of our mother's house very managable for us. John listened to our needs and met them all. He was considerate, knowledable, coordinated all the details , and , communicated with us throughout the whole process. Having you take care of the house went better than expected from out of town."

- Anne Baker 2517 Borglum

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Great Selling Experience

"After trying to sell our house on our own, it was a relief to list it under an experienced realtor. John sold our house much quicker than we could have imagined."

- 3009 Barry St

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Experienced and Helpful

"The experience of buying a home was very good, the help was very much appreciated."

- David and Michelle 2088 Jaclyn


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Trustworthy and Professional

"John is a great realtor. He is knowledgable, trustworthy, and professional. We look forward to doing business with him again."

- Investors

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Realistic Goals

"My unreal optimism mixed with John's realism make us a good pair."

- Investor

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Helping Hand

"John was the best, he worked hard and we appreciate him for everything he did for us."

- Cathy Claflin Melvin Ct.

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Love my new home

"I worked with RE/MAX to buy a house. They were very professional and unbelievably helpful. John DeVries helped me find my house and it's amazing how much he helped me. It didn't matter what my schedule was, he kept working hard and showing me houses until we found the right home. I am so happy with it and love it already. Thanks RE/MAX and John"

- Caleb Byron Rd.