Ada Michigan Real Estate Market Report ~ Nov 2007
By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
ADA MICHIGAN MARKET REPORT As you can see in the graph below, the sales activity has remained constant and even the cost per square foot has stayed relatively steady for the last few years in Ada homes. Even with this good news, the same story as in other local areas, the downside is inventory. Currently we have 175 homes for sale. We have enough inventory to last one year if no one else decides to list their home and put it on the market. For the consumer, this means: Buyers are in the driver's seat. Hardly a news flash, but if you have been considering a move to Ada and thought you couldn't af...
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