Tag: <span>housing trends</span>

John Bitely to GRBJ: Why rental prices in West Michigan will continue to increase in 2022

John Bitely, president of Sable Homes, doesn’t foresee any signs of the increase in rental prices stabilizing or declining in West Michigan in 2022. “I currently don’t see any end to the increase in the rental rates for West Michigan,” he said in an interview with the Grand Rapids Business Journal. “The main reason is […]

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MarketWatch Report: New-home construction activity soars to highest level in over a decade

The U.S. Census Bureau recently reported home builders nationwide started construction on homes at a seasonally-adjusted annual rate of 1.67 million in December 2020, representing a 5.8 percent increase from the previous month’s figure. Permitting for new homes occurred at a seasonally-adjusted annual rate of 1.71 million, up 4.5 percent from November, according to a […]

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Sable Homes’ Karin Kay Sought by Fox17 on West Michigan’s Suburban Millennial Housing Boom

Karin Kay, sales manager at Sable Homes, talked with Fox17 about the suburban millennial housing boom in Grand Rapids during a live video conference interview on Saturday, June 6. Data from the National Association of Home Builders shows sales of newly built, single-family homes rose 0.6 percent nationwide in April 2020, and National Association of […]

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Housing Affordability Part 1: Housing and census data reveals the nation’s growing housing affordability issue

Data released in September, by the National Association of Home Builders, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development illustrates a growing problem of housing affordability nationwide. The information shows there is a “mismatch between the actual prices of new homes and the prices buyers expect to pay — providing […]

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Renting vs. Buying

By Ron Austin, Sable Homes General Manager Renting versus buying is a hot debate right now! This is especially true for young professionals who are caught between rising rental rates and the upfront costs of buying a home compounded with changes in  mortgage rates. How does one make the decision between renting or buying? When […]

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