Tag Archives | Michigan Homes for Sale

Looking to the Future: What the Experts Are Saying

Looking to the Future: What the Experts Are Saying

Looking to the Future: What the Experts Are Saying | Simplifying The Market

As our lives, our businesses, and the world we live in change day by day, we’re all left wondering how long this will last. How long will we feel the effects of the coronavirus? How deep will the impact go? The human toll may forever change families, but the economic impact will rebound with a cycle of downturn followed by economic expansion like we’ve seen play out in the U.S. economy many times over.

Here’s a look at what leading experts and current research indicate about the economic impact we’ll likely see as a result of the coronavirus. It starts with a forecast of U.S. Gross Domestic Product (GDP).

According to Investopedia:

“Gross Domestic Product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of the country’s economic health.”

When looking at GDP (the measure of our country’s economic health), a survey of three leading financial institutions shows a projected sharp decline followed by a steep rebound in the second half of this year:A recent study from John Burns Consulting also notes that past pandemics have also created V-Shaped Economic Recoveries like the ones noted above, and they had minimal impact on housing prices. This certainly gives hope and optimism for what is to come as the crisis passes.

With this historical analysis in mind, many business owners are also optimistic for a bright economic return. A recent PricewaterhouseCoopers survey shows this confidence, noting 66% of surveyed business owners feel their companies will return to normal business rhythms within a month of the pandemic passing, and 90% feel they should be back to normal operation 1 to 3 months after:From expert financial institutions to business leaders across the country, we can clearly see that the anticipation of a quick return to normal once the current crisis subsides is not too far away. In essence, this won’t last forever, and we will get back to growth-mode. We’ve got this.

Bottom Line

Lives and businesses are being impacted by the coronavirus, but experts do see a light at the end of the tunnel. As the economy slows down due to the health crisis, we can take guidance and advice from experts that this too will pass.


Source: Michigan Real Estate Updates

3888 Goodwood Dr Se, Thornapple River Forest Hills Schools

140 Ft of private Thornapple River frontage. Nestled in the cove this 4 bedroom 3.5 bath home gives you all the enjoyment of being on the wide open stretch of the Thornapple River ranked top in the area for water sports, yet the location provide tranquility not found anywhere else on the river. With quality fit and finish throughout this masterfully crafted walkout ranch provides vaulted cathedral ceiling featuring beautiful wood beams, parquet floor, solid wood cabinetry, over 700sqft of Trex composite decking, 2 fireplaces, 2 docks, gorgeous river views, multi-zone heating and cooling, updated mechanicals, gorgeous landscaping, main floor master, main floor laundry, a brilliant floor plan with large spacious rooms, ample storage space, 2 wet bars, attached 3 stall garage and more. 

Important Stats: Closed Sales Year to Date

Tracking the number of CLOSED sales can be helpful in understanding several variables in the market.

Below is a brief summary of closed sales thus far this year. This particular graph shows the 3 year history of Single Family Houses with a minimum of 4 Bedrooms 2 Baths for the Greater Regional Association of REALTORS MLS (covering all price ranges)

How does affect your house and future plans?

Excellent Waterfront Opportunity: Thornapple River Waterfront Forest Hills Schools

This is a rare opportunity offering an incredible location with sought-after Thornapple River frontage on “the pond” in Forest Hills School. With “great bones”, spacious room sizes and fabulous floor plan, this home offers the perfect opportunity to renovate the space into the home you have always dreamed of.

140 Ft of private Thornapple River frontage. Nestled in the cove this 4 bedroom 3.5 bath home gives you all the enjoyment of being on the wide open stretch of the Thornapple River ranked top in the area for water sports, yet the location provide tranquility not found anywhere else on the river. With quality fit and finish throughout this masterfully crafted walkout ranch provides vaulted cathedral ceiling featuring beautiful wood beams, parquet floor, solid wood cabinetry, over 700sqft of Trex composite decking, 2 fireplaces, 2 docks, gorgeous river views, multi-zone heating and cooling, updated mechanicals, gorgeous landscaping, main floor master, main floor laundry, a brilliant floor plan with large spacious rooms, ample storage space, 2 wet bars, attached 3 stall garage and more. 

OPEN HOUSE: Pole Barn 1 Acre Lot w House for Sale: Caledonia 5 Bed 2.5 Bath

OPEN HOUSE: OPEN – TODAY – SUNDAY NOV 17 2-4PM – Opportunity knocks! This Caledonia Township 2 story boasts 5 bedrooms, 2.5 baths, 2 stall attached garage, walkout basement, and huge 40 x 32 barn with 14ft entry door with raised rafters, cement floor, and 200 amp electric. Experience the quality the 60s brought to the house in the plaster walls, wood trim, wood cabinets and attention to detail. Location offers easy access to picturesque downtown Caledonia, Lepard Nature Preserve, close to area schools, and right down the road from the shopping, dining, entertainment, trail heads and more. Just south of M6 with easy access to major roads for commuting.

Forest Hills Luxury Watermark Residence

1860 WATERMARK Drive SE, Grand Rapids, MI 49546
1860 Watermark

This stunning walkout ranch, masterfully crafted by West Michigan Award Winning builder BDR, boasts custom quality throughout. The gated community of Watermark offers the superb blend of privacy and convenience. The impressive exterior features gorgeous landscape and cascading water features, with the beautiful backdrop of the private pond and meticulously landscaped 6th green; providing stunning views all year long. Step inside to appreciate the sense of quality and grace that captures the essence of home. With main floor master suite, main floor laundry, 4 fireplaces, 4 bedrooms 3.5 baths, office, craft room, den, wet bar, screened-in porch, open patio and more -this home offers the perfect layout for everyday enjoyment and artful entertaining.

1860 WATERMARK Drive SE, Grand Rapids, MI 49546

Forest Hills Central – Popular Beard Farm Location 5 Bed 3.5 Bath 3 stall

This beautifully designed 2 story home located in the popular Beard Farm development within the Forest Hills Central school district is perfectly located on a deep wooded lot; offering superb location and excellent floor plan. Featuring 5 spacious bedrooms, 3.5 baths, attached 3 stall garage and nearly an acre wooded lot. Several upgrades can be found throughout the house including new roof, newer furnace, freshly painted neutral color palette, upgraded R-34 insulation. Offering move-in ready living or an excellent opportunity to build upon the existing floor plan in a development surrounded by several larger homes that have recently been renovated. Well designed and quality constructed this home will not disappoint! Enjoy all the area has to offer including the Forest Hills Trails system offering miles of trails connected to the development, excellent access to major highways, shopping, entertainment, and more.