Forest Hills Michigan Real Estate Market Report ~ Feb 2009 ~ Forest Hills Gardens
By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
The Ada area growth trends remain strong. Ada Township planner, Jim Ferro states that the Ada population has grown by 20% since 2000. There is a new proposed 80 condo units - Villas of Ada going in next door and Stone Falls of Ada - a 210 unit apartment complex, currently under construction a short distance away on Spaulding Ave. Both of these new developments are quite close to Adacroft Commons and Forest Hills Gardens. Forest Hills Gardens Market Report Feb 2009 4 Sold, 3 For Sale, 1 Expired The absorption rate for Forest Hills Gardens is 10.5 months, which means if no new listings come on the market it will take 10.5 months for the existing inventory of homes to sell at the current rate of sale. Active Forest Hills Ga...
Comments
6