Lt. Governors Work to Make Homes More Affordable

6527 11 Mile Rd NE

While people young and old may understand the personal benefits of being a homeowner—tax deductions, stable monthly mortgage payments, increased privacy—many people frequently fail to realize the societal impact of taking the step into homeownership. Fortunately, we have a number of public servants dedicated to the increased awareness of the importance of home building and the communal benefits therein.

At the annual meeting of the National Lieutenant Governors Association, which took place in Grand Rapids from July 6-8, Lieutenant Governor Brian Calley (MI) joined the lieutenant governors of eight other states in a proclamation which highlights “the importance of our nation’s home building industry in spurring and sustaining economic recovery.”

The bipartisan proclamation, led by Lieutenant Governors Rebecca Kleefisch (WI) and Nancy Wyman (CT), declares homeownership “the bedrock of the American Dream and the foundation on which strong communities, states and the nation are built.”

The proclamation also shares figures regarding home building and its contribution to society, which showed that “the construction of 100 typical new single-family homes creates more than 297 full-time jobs, and generates $16.2 million in wages and salaries, and $11.1 million in taxes and other government revenue.”

The lieutenant governors also placed importance on lowering the cost of home building, which dramatically drives up the cost of a new home. The proclamation reveals that the cost of government regulations on home building has increased 29.8 percent since April 2011, while disposable income per capita has increased only 14.4 percent during the same period, “making the cost of regulation in the price of a new home rise more than twice as fast as the average American’s ability to pay for it.” The sponsors ultimately called for a focused approach to housing issues that seeks to avoid legislation that will increase the cost of housing beyond the means of American families.

A Buyer’s Dream, a Seller’s Market

When looking for a house, it is increasingly important for buyers to consider the market at that time. One must take into account a number of factors—neighborhood preference, maintenance costs and move-in readiness, to name a few.  Above all these, there is the make-or-break factor in one’s decision to buy: the mortgage rate. Luckily, for eager buyers currently in the market for a new home, there is no better time than the present.

With mortgage rates currently at 3.48 percent due in part to the recent “Brexit” fallout— nearing the all-time low of 3.31 percent for a 30-Year Fixed Rate in 2012—even Freddie Mac’s chief economist predicts “solid home sales and refinancing volume this summer.” These low rates can dramatically increase one’s purchasing potential, opening new doors for buyers and possibly even allowing families to move into their dream homes.

And while these rates mean fantastic opportunities for families looking to buy a home, this news should also excite all those looking to sell their homes. With a decrease in mortgage rates comes an increase in eager buyers that are looking to capitalize on the market’s fluctuation.

This excitement for sellers should also take into account the May 2016 report from the Grand Rapids Association of Realtors, which revealed an increase of 7.5 percent in the average sales price for homes in West Michigan. With this seller’s market and the increase in opportunity for buyers, West Michigan proves to be a perfect place for families to settle into their ideal homes.

Sable Homes is building 11 neighborhoods in Kent, Allegan and Barry counties. Are you in the market for a new home? Browse our available properties.

Seller’s Market Continues in Grand Rapids Area

A new Sable home. (June 2016)

A new Sable home. (June 2016)

The latest monthly real estate market report is in and there’s good news if you’re a Grand Rapids area homeowner looking to sell and build new.

According to the Grand Rapids Association of Realtors, the average sales price of a home in the area has increased by 7.5 percent since last year and is now at $184,023 year to date.

Closed transactions are up 4.2 percent, but the number of new listings is down, likely a result of the lack of available properties for sale. This means it continues to be a seller’s market in West Michigan.

If you’re looking to build a new home, Sable Homes is building 11 neighborhoods in Kent, Allegan, and Barry counties in the following school districts: Rockford, Sparta, Cedar Springs, Kent City, Caledonia, Thornapple-Kellogg and Wayland.

Earlier this spring, Sable Homes announced it will build an additional 44 new homes in Sparta after completing construction of 20 homes in Sparta’s Central Square Village. That development was the first large-scale new home project in the village in nearly a decade.

Check out our available properties here: http://www.sablehomes.com/new-homes-find-yours.

Sable Homes installs roads in two Rockford neighborhoods

Sable Homes crews install paved roads in the Crowning Edge subdivision.

Sable Homes crews install paved roads in the Crowning Edge subdivision.

Sable Homes is making progress on two neighborhoods in the award-winning Rockford school district as the Rockford-based builder works to keep up with a strong demand for housing in West Michigan.

Sable Homes crews recently installed paved roads in the Crowning Acres and Crowning Edge developments, near Edgerton Ave. NE. Crowning Acres has 20 home sites available and Crowning Edge has five home sites. Both developments have easy access to U.S. 131 and are attracting first and second-time home buyers who work and commute in the Grand Rapids area, as well as several retirement-aged buyers.

Earlier this year, the real estate website Trulia named the Grand Rapids the hottest market in the nation for its affordable housing, growing economy and large population of prospective millennial home buyers, a third of whom surveyed said they planned to buy a home by 2018.

Noticing the growing need for new housing, Sable purchased land last year and is currently building and selling houses in 11 developments throughout Kent, Barry and Allegan counties. Sable recently posted the strongest first quarter in its 20-year history, selling 51 houses, a nearly 60 percent increase over the same period last year.

Sable Homes offers 10 floor plans and Freedom Foundation© technology, which provides barrier-free living for individuals who are physically challenged. Its homes are built with volatile organic compound (VOC) free paints and toxin free flooring glues, WhisperGreen fans for clean air exchange and ventilation, and a VOC absorbing gypsum board drywall which reduces VOC levels in the air.

Last week, the Home Builders Association of Greater Grand Rapids (HBAGGR) and Cosmopolitan Home Magazine awarded Sable Homes four Awards of Excellence in the 2016 Spring HBA Parade of Homes. The Awards of Excellence program recognizes Parade home builders in a variety of categories: Best Kitchen, Best Floor Plan, Best Curb Appeal, and Best Interior Elements in the various price ranges. Sable Homes swept all four categories for the $150,000-$200,000 house price range.

Sable Homes Sweeps 2016 Spring Parade of Homes Awards of Excellence in its Class

Sable Homes	 4631 Wren, Caledonia

The Home Builders Association of Greater Grand Rapids (HBAGGR) and Cosmopolitan Home Magazine awarded Sable Homes four Awards of Excellence in the 2016 Spring HBA Parade of Homes. The Awards of Excellence program recognizes Parade home builders in a variety of categories: Best Kitchen, Best Floor Plan, Best Curb Appeal, and Best Interior Elements in the various price ranges. Sable Homes swept all four categories for the $150,000-$200,000 house price range.

Judged by a panel of more than 20 industry experts, the Awards of Excellence are highly sought after by the Parade of Homes participants. The task before the judges was even more challenging this spring given the highest number of entries in many years.

The Parade of Homes runs through Saturday, June 5; homes are open for tours Friday and Saturday from 1 – 9 p.m. The Sable Homes entry (#10) is located in following neighborhood:

  • Paris Ridge
  • Parade number: 10
  • Location: 4631 Wren Dr.
  • Caledonia, MI 49316
  • Home style: Bayberry ranch
  • Square footage: 2,424 finished

For a video tour of the home and more information, visit: http://bit.ly/1TesCUB

Sable Homes to Feature Toxin-Free Home in Grand Rapids Spring Parade of Homes

Sable Homes 4631 Wren, Caledonia

Sable Homes
4631 Wren, Caledonia

ROCKFORD, Mich., May 19, 2016 – Sable Homes will feature a new house in the 2016 Grand Rapids Spring Parade of Homes that is built with health-conscious technology. The “Healthier Home” is located in the Paris Ridge development in Caledonia and is built with volatile organic compound (VOC) free paints and toxin free flooring glues. These advanced materials have been proven to reduce airborne toxins as the house and its materials age. In addition, Sable uses WhisperGreen fans for clean air exchange and ventilation and a VOC absorbing gypsum board drywall which reduces VOC levels in the air.

Sable Homes also uses eco-friendly Superior Walls Xi Foundation System insulation in basements, which increases a home’s energy rating. Sable’s entry into the Parade of Homes earned a Home Energy Rating System (HERS) 5+ star rating. This is the highest achievable rating on the HERS system and is only awarded to homes that are 30 percent more energy efficient than code.

The 2016 Grand Rapids Spring Parade of Homes will run from May 20 to June 5. The Sable Homes entry will be open for viewing Wednesdays 5-9 p.m. and Fridays, Saturdays and Memorial Day 1 – 9 p.m. Sable Homes will be showcases a house in following neighborhood:

Paris Ridge
Parade number: 10
Location: 4631 Wren Dr.
Caledonia, MI 49316
Home style: Bayberry ranch
Square footage: 2,424 finished
More details here: http://bit.ly/1TesCUB

Sable recently posted the strongest first quarter in its 20-year history, selling 51 houses, a nearly 60 percent increase over the same period last year. The numbers back up recent reports that the West Michigan housing market is booming. In January, Redfin.com named Grand Rapids the hottest real estate market in the country.

To keep up with the demand for new housing, Sable Homes is building and selling houses in 11 developments throughout Kent, Barry and Allegan counties in the following school districts: Rockford, Sparta, Cedar Springs, Kent City, Caledonia, Thornapple-Kellogg and Wayland. Sable Homes also recently announced it will build an additional 44 new homes in Sparta after completing construction of 20 homes in Sparta’s Central Square Village. That development was the first large-scale new home project in the village in nearly a decade.

About Sable Homes
Combining affordability with craftsmanship, Sable Homes has been building high-quality, energy-efficient homes for West Michigan families since 1996. For more information about our communities, visit our web page, www.sablehomes.com, or follow us on Facebook.

Sable Homes Posts Strongest First Quarter in 20-Year History

Sable Homes sold 51 houses in the first quarter of 2016.

Sable Homes sold 51 houses in the first quarter of 2016.

ROCKFORD, Mich. – April 11, 2016 – Rockford-based Sable Homes has posted the strongest first quarter in its 20-year history. Sables Homes sold 26 new houses in March, nearly four times its total sales in the same month last year and more than March 2015 and 2014 combined. Since Jan. 1, Sable Homes has sold 51 houses, a nearly 60 percent increase over the same period last year.

The numbers back up recent reports that the West Michigan housing market is booming. In January, Redfin.com named Grand Rapids the hottest real estate market in the country, noting it had the shortest home listing times and a 50 percent decrease in the number of homes for sale from a year earlier.

“Housing inventories are at the lowest levels in recent memory and many people are looking to build,” said Sable Homes General Manager Karin Kay. “We pay close attention to the market’s direction and have made several strategic acquisitions to meet the interest in new housing in West Michigan.”

To keep up with the demand for new housing, Sable Homes is building and selling houses in 11 developments throughout Kent, Barry and Allegan counties in the following school districts: Rockford, Sparta, Cedar Springs, Kent City, Caledonia, Thornapple-Kellogg and Wayland.

Sable Homes also recently announced it will build an additional 44 new homes in Sparta after completing construction of 20 homes in Sparta’s Central Square Village. That development was the first large-scale new home project in the village in nearly a decade.

Sable Homes’ research has shown there is a demand for houses that are both energy efficient and built healthier. All Sable Homes have a 5+ Energy rating, low emissivity windows, high efficiency heating and cooling systems, 46 percent more wall insulation and 30 percent more attic insulation than an average new home. Sable Homes also use Shaw Carpet made from 25 percent post-consumer material, low volatile organic compound paint and formaldehyde-free countertops and adhesives.

About Sable Homes
Combining affordability with craftsmanship, Sable Homes has been building high-quality, energy-efficient homes for West Michigan families since 1996. For more information about our communities, visit our web page, www.sablehomes.com, or follow us on Facebook, www.facebook.com/sablehomes.

Sable Homes “making a big bet on Sparta”

One of the 20 Sable Homes built in Sparta in the last two years. (MLive file photo)
One of the 20 Sable Homes built in Sparta in the last two years. (MLive file photo)

SPARTA, Mich. (MLive) — Sparta Village Manager Julius Suchy says Sable Homes of Rockford is “making a big bet on Sparta” after the firm received approval to build another 44 homes in the village.

Sable recently completed construction of 20 homes in the village’s “Central Square Village” development, which was the first large-scale new home project built in the village in nearly a decade.

While the Central Square Village project was an “infill” development in the village — meaning the streets and utilities were already there — Sable will have to build the streets and extend utilities to its new development in the Country Meadow development.

Sable will build phases 7 and 8 of the Country Meadow plat, which is located east of Martindale Street and Ten Tree Drive on the village’s southeast side.

“The development was approved years ago and the first six phases of it were built,” Suchy said.

Sable will now finish building out the development.

Suchy said the market for homes in the $150,000 to $180,000 range in the Sparta area appears to be strong and there is little existing inventory.

This is not the first time Sable Homes has stepped in to finish housing developments in the area that have stalled.

A few years ago the company took over development in the Harvest Meadows subdivision, north of Wayland, and the Green Lake development, in Leighton Township, which the developer said both turned out to be good investments.

Sable officials have told the village they hope to begin construction on the Country Meadow development in the next couple of months and have model homes open by the fall.

By Jeffrey Cunningham | jcunning@mlive.com 

Sable Homes Wins Homebuilders Care Award

On Feb. 11, the Home Builders Association of Greater Grand Rapids Foundation (HBAGGRF) will recognize local heroes who carry out the Foundation’s mission, “making an impact on the lives of those with special housing needs and supporting the development of the next generation of housing industry professionals.” HBAGGRF will honor Sable Homes (Sable) with the Home Builders Care Award, Home Repair Services with the Community Builder Award, and Habitat for Humanity with the Next Generation Workforce Development Award.

Sable is receiving the Homebuilders care award for their work building a new home for Ryan and Amanda Bockheim and their children. In a thriving housing market Sable didn’t have to help the Bockheim family, but because they did, the family’s twin girls who were never supposed to live are now thriving. Born 12 weeks premature, the girls weighed just over two pounds and faced on-going health challenges. Their new Sable-built home provided a safe, clean, healthy and affordable home for the entire Bockheim family to live, love and grow in.

Pictured (left – right) Ryan and Amanda Bockheim with their children Berkleigh and Oakleigh, Sable Homes General Manager Karin Kay, and Jodie Rykse Salmoran with the Home Builders Association of Greater Grand Rapids Foundation.

Pictured (left – right) Ryan and Amanda Bockheim with their children Berkleigh and Oakleigh, Sable Homes General Manager Karin Kay, and Jodie Rykse Salmoran with the Home Builders Association of Greater Grand Rapids Foundation.

Home Repair Services will be honored for the work its volunteers have completed helping those with disabilities. A group of retirees spent 10,000 hours volunteering to build access ramps for more than 500 families who can now safely enter and exit their homes.

Habitat for Humanity Kent plays a key role in developing the next generation of housing industry professionals as they provide hands-on construction experience for students at YouthBuild/Bethany Christian Services, Grand Rapids Public Schools Academy of Design and Construction, Grand Rapids Community College M-Tech and Job Corps. Habitat for Humanity Kent will receive the Next Generation Workforce Development Award.

Award winners will be recognized at the fourth annual Home and Hearth Awards & Benefit event taking place at, New Vintage Place at 6:00 p.m. on Feb. 11. Individuals interested in more information about the HBAGGRF and the awards can call (616) 281-2021, or visit www.mygrhome.com/foundation.

The Home Builders Association of Greater Grand Rapids Foundation (HBAGGRF) is the charitable 501(c) 3 arm of the Home Builders Association of Greater Grand Rapids. Since 1988, HBA members and community members have partnered to make an impact on the lives of those with special housing needs and to support the development of the next generation of housing industry professionals.

We love satisfied customers

Sables Homes is celebrating 20 years of home building in West Michigan and business is booming. In 2015, we built and sold 126 houses, more than any other year in our history. And 2016 looks to be just as bright. We’re working on 10 different neighborhoods in Kent, Barry and Allegan counties and the demand for housing is very strong as West Michigan’s economy grows.

While all that news is encouraging for our business, we strive to remember we’re not just building houses, we’re building homes for West Michigan families—a place to set down roots and grow. We keep this in mind during all stages of the building and home selling process: our customers are our neighbors and friends.

In this business, there’s nothing more satisfying than hearing from a customer who is happy with their Sable Home. We recently received a nice message from Anthony G., who purchased one of our homes in Ada.

Anthony wrote, “We’re loving our place at Sable Valley. You guys do an awesome job!” and provided this photo of his family in their back yard.

Thank you, Anthony for the feedback, and thank you to the hundreds of homeowners in West Michigan who entrusted Sable Homes to build their home.

Anthony G. and his family in the back yard of their Sable home in Ada, Mich. (Dec. 2015)

Anthony G. and his family in the back yard of their Sable home in Ada, Mich. (Dec. 2015)