Real Estate with Peter J. Westers

As rates trickle down, more buyers step up. www.peterjwesters.com

Mortgage Application Activity in 4% Upswing The FHA share of total applications increased to 13.5% while the VA share increased to 15.2%. Continue Reading Mortgage Application Activity in 4% Upswing

Any little bit helps. ps. we’re below the 50 year average. www.peterjwesters.com

Mortgage Rates Slide Away from the 7% Mark The 30-year fixed-rate mortgage averaged 6.89% as of July 11. Continue Reading Mortgage Rates Slide Away from the 7% Mark

Feel Good Friday. Us dog lovers love stories like this! . www.peterjwesters.com

State Trooper's Heroic Act: Rescuing Lost Dog In Pouring Rain Today's good news story comes from Kingsport, Tennessee. Tennessee State Trooper Lance Willis became a local hero after rescuing a lost dog from a busy road in Kingsport during a torrential downpour.

Some stats from June. That average sale price... www.peterjwesters.com

It’s tough out there right now. There are enough factors that are leading to this to make it a difficult fix. I’m hopeful that one or two of the obstacles will lift so that the American dream can be more easily attainable for more people. www.peterjwesters.com

Survey: Most Gen Zers Believe They'll Never Own a Home Nearly all respondents (98%) cited significant barriers to homeownership. Continue Reading Survey: Most Gen Zers Believe They’ll Never Own a Home

I always do a knock and a loud “hello”, just to avoid this situation. I’ve come across sleepers (one naked one), young children alone and not knowing I was coming, and even squatters that took over a bedroom in a vacant house. www.peterjwesters.com

Sleeping Woman Awakes to Find Real Estate Agent in Her Home The agent said he had “seen much stranger things than a person in bed in my inspections.” Continue Reading Sleeping Woman Awakes to Find Real Estate Agent in Her Home

So many factors can lead to this, and it took me a while to believe it, but an election year plays into this as well. www.peterjwesters.com

Survey: Most Americans Are Unwilling or Uncertain About Moving 70% said they were very satisfied with their property appraisal and 23% reported being somewhat satisfied. Continue Reading Survey: Most Americans Are Unwilling or Uncertain About Moving

Listed this beautiful condo last Friday in The Traditions of Caledonia. Oh sorry...already accepted an offer.

7440 Hometown Court SE, Caledonia, MI 49316 This is a wonderful free-standing condo in the Traditions in Caledonia. The quality of the build jumps out at you as you enter into this bright and inviting unit. Enjoy the wide open floor plan with main floor master suite and main floor laundry. This home sits way off the beaten path near the end o...

Feel Good Friday! Talk about a lifetime of service...

A Lifetime Of Love: Single Mother Who Fostered 40 Children Retires Today's good news story comes from Montgomery County, Maryland. In a heartwarming celebration of compassion and dedication, 88-year-old Emma Patterson is retiring from her role as a foster mother, a position she has held with unwavering commitment fo

Getting results and helping clients be on the move! www.peterjwesters.com

As long as it makes it “more affordable” to buy with lower prices, as opposed to “more possible” by throwing more money to buyers. Nonetheless, it’s something.

Treasury Department Rolls Out New Initiative to Increase Housing Affordability “Given the scale of the challenge, we must and will continue to do more,” said Treasury Secretary Janet Yellen. Continue Reading Treasury Department Rolls Out New Initiative to Increase Housing Affordability

It’s Feel Good Friday and I love when officers do random acts of kindness. Have a great weekend!

Police Officer Makes Child's Day With Simple Act Of Kindness Today's good news story comes from Memphis, Tennessee. In a heartwarming act of kindness, a Memphis police officer went above and beyond his duty to ensure a young boy could continue pursuing his passion for football.

Just listed this great house on the NE side of Grand Rapids. 3 bedroom home with an addition, a 2 stall attached garage, and a fireplace.

1164 Evelyn Street NE, Grand Rapids, MI 49505 Delightful cape cod home on Grand Rapids' northeast side. Come and take a look at this 3 bedroom gem just minutes from downtown and from Riverside Park. This great house features a 2 stall attached garage, a wood-burning fireplace in the living room, a formal dining area, newer windows, a newer refr...

Here are a whole lot of numbers for those of you that like to know how the current housing market compares to a year ago. Enjoy! .

www.grar.com

Way to go Caden! 22 year old first-time home buyer. One of my youngest clients ever for sure.

It’s hard to believe this is the case nationwide when it is certainly not how things are in Greater Grand Rapids. Price it right, create the traffic, and know that it will pay off.

More Homes Are Being Listed, But Where Are the Buyers? Zillow is reporting new listings of houses rose by nearly 13% from one year ago. Continue Reading More Homes Are Being Listed, But Where Are the Buyers?

This one gets a bit sensitive. I have always believed that residential real estate activity lessens during an election year. This article would state otherwise.

Publisher's View: The Great Election Distraction and the U.S. Housing Market Myth As the drumbeat of the U.S. presidential election grows louder, so does the clamor around its alleged impact on the housing market—a narrative that is as perv

It’s Feel Good Friday, and I love acts of kindness for veterans!

Strangers Attend Veteran's Funeral To Console Grieving Family Today's good news story comes from Phoenix, Arizona. The family of Navy Medic Pamela Middlebrook was concerned that her funeral service might not properly honor her legacy with only a handful of family members expected to attend. However, a simple so

Awesome new listing in Forest Hills Schools on 3.75 acres. 4 bedrooms, 2.5 baths, privacy, nature, and an in-ground pool!

9009 Conservation Court NE, Ada, MI 49301 This is a sensational setting on 3.75 acres. If you want privacy and nature, this is the one. Set back from the busyness on a private culdesac, this home has it all. There are many updates and unique features that make this house stand out. There is a turnaround driveway in front of this sprawling r...

New listing on all sports Thornapple Lake!

5105 Easy Street, Nashville, MI 49073 Time to start making memories on the water. Come and enjoy this gem on the all sports Thornapple Lake. This house sits on .714 acres and is a recreational dream. Many new mechanicals, including a 2 year old steel roof, 2 year old furnace and A/C unit, a new instant water heater, and newer composite....

Feel Good Friday! What an amazing story of compassion before competition. Have a great weekend!

'I Was In Awe': School Recognizes 6th Grader For Act Of Compassion During Race Today's good news story comes from Heart Butte, Montana. In a remarkable display of sportsmanship and compassion, sixth-grader Brinley Tatsey from Heart Butte Junior High School intentionally sacrificed her lead in a cross country race to help a fell

This is an excellent, fully remodeled condo that is ready for new owners. Give a call if you would like more info. Age 55 and older community.

645 Andover Street SE, Kentwood, MI 49548 The absolute best condo in this group of buildings. The entire unit has been remodeled and is ready for new owners to enjoy. The kitchen has been fully remodeled with all stainless steel appliances, loads of cupboard space, and an auto-lit pantry. The full bath has been redone to include a step-in s...

I love the outdoors. Here are some Michigan ideas.

5 Michigan outdoor adventures for an unforgettable summer Your summer planning starts now.

Two in five (39.7%) new mortgages issued in 2023 went to homebuyers under the age of 35.

40% of New Mortgages Went to Buyers Under 35 Redfin determined the median age of first-time U.S. homebuyers last year was 35. Continue Reading 40% of New Mortgages Went to Buyers Under 35

It’s practically a steal now...if you’re interested.

Derek Jeter Cuts the Price Again on His Hudson Valley Estate The estate is back on the market for $6.3 million. Continue Reading Derek Jeter Cuts the Price Again on His Hudson Valley Estate

"The decrease in rates, albeit small, may provide a bit more wiggle room in the budgets of prospective homebuyers.”

Mortgage Rates Down Slightly, Though Still Elevated The 30-year fixed-rate mortgage averaged 7.02%, down from last week when it averaged 7.09%. Continue Reading Mortgage Rates Down Slightly, Though Still Elevated

Feel Good Friday. Random acts of kindness make for a better world for all of us. Have a great weekend!

91-Year-Old Donates $500,000 To Local Fire Department Today's good news story comes from Kansas City, Missouri. In the heart of Henry County, the Calhoun Volunteer Fire Department stands as a beacon of community spirit and resilience. Under the leadership of Fire Chief Mark Hardin, the department has

Inflation, interest rates, and high prices due to low inventory are making it difficult for buyers. I am still helping people win, but something has to give.

Survey: Nearly Half of Buyers Stopped Looking for Homes Due to Inflation Two-thirds of respondents admitted they would seriously consider a home purchase after 30-year mortgage rates fall below 5%. Continue Reading Survey: Nearly Half of Buyers Stopped Looking for Homes Due to Inflation

Feel Good Friday. Heroes come in all shapes and sizes.

8th Grade Hero Saves Students On School Bus After Driver Suffers Medical Emergency Today's good news story comes from Glendale, Wisconsin. A decisive act by an 8th-grade student averted potential disaster when their school bus driver experienced a medical emergency on April 24. Today, the Glendale School District is formally recogn

Need a padlock on the door to keep me working in the office on a day like this…