Andrea Crossman - Blog

Market Statistics for greater Holland area

Andrea Crossman — Mon, 24 Nov 2008 14:56:00 GMT

We just did a study showing year to date sales (Jan. 1 to Nov. 21, 2008) and found the following for our personal sales.

We listed 37 new homes over $600,000 so far this year and only 11 have sold with an average time on market of 352 days.

We also sold 2 of the 3 listings for waterfront lots over $600,000 this year with 194 average days on the market.

In the $500,000 to $600,000 range, we were only able to sell 1 of 3 new listings.

In the $400,000 to $500,000 range, we were only able to sell 1 of 6 new listings.

But down at the $300,000 to $400,000 range, things picked up again and 5 of 6 listings sold that we took in.

Oddly enough in the $200,000 to $300,000 range, only 3 of 15 new listings sold.

But in the $100,000 to $200,000 range, 7 of 8 sold for us.

It's a weird market and getting tougher but think that the new year and some new economic stimulus package will turn things around for 2009 and believe that it is a great time to buy as things in Michigan may be turning around and if you can get a seller to sell for 10% less than asking price today due to all the bad news in the economy, then you'll be ahead of the curve for when things turn around in a few months. (That's my prediction).

Andrea Crossman Group

One Way to Sell Properties: Self-directed Real Estate IRA

Andrea Crossman — Sat, 22 Nov 2008 09:39:00 GMT

I am personally going to take what little money I have left in my retirement plan and roll it over into a self-directed real estate IRA and put it in a condo-hotel project in Manuel Antonio, Costa Rica. The self-directed real estate IRA in a condo-hotel project whether in the United States or another country may make sense to some of your sphere of influence while prices on real estate are so low here in the U.S. and for those sick of watching the roller coaster ride of the stock market, this may be something you want to learn more about. Guidant Financial is one group that offers self-directed IRA custodianship. All kinds of information is available online as to this tool that might help you sell some real estate in a tough market.

MDEQ Permit Requirements and websites for high risk erosion and Critical Dunes

Andrea Crossman — Wed, 19 Mar 2008 10:35:00 GMT

The link below will get you to the sites where you can find information and permit applications for high risk erosion and critical dunes information from the MDEQ (Michigan Department of Environmental Quality)

Regulations and permit requirements under Part 323, Shorelands Protection and Mgt. of the Nat. Resource and Env Prot Act 1994 PA 451 as amended (NREPA). Part 353, Sand Dunes Protection and Mgt.
Permits available at www.michigan.gov/jointpermit and more info on Crtiical Dunes under www.michigan.gov/deqsanddunes and high risk erosion under www.michigan.gov/deq/0,1607,7-135-3313_3677_3700---,00.html

Lake Michigan property DEQ Forum

Andrea Crossman — Wed, 05 Mar 2008 16:01:00 GMT

Hello All,

We are starting this blog to inform and educate all people that may be dealing with the Michigan DEQ on various matters. Your experience and insight is welcome, as there may be a time when you have a question relating to DEQ issues and can find the answer in one simple place...our blog.