Blog

West Michigan’s Post COVID-19 Housing Market Changes, Millennials Top Buyers

In the wake of COVID-19,newly-released data shows an increase in new single-family homes, suburban development and millennial home buyers in West Michigan – a sign that the local economy is on the rebound. Data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau shows nationwide sales of newly built, single-family […]

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Sable Homes’ John Bitely remains optimistic as national builder confidence drops amid COVID-19 pandemic

While residential builder confidence has dropped nationwide amid the COVID-19 pandemic, West Michigan home builder John Bitely told The Grand Rapids Business Journal that he remains optimistic. The National Association of Home Builders/Wells Fargo Housing Market Index released last week reflects the growing effects of the COVID-19 pandemic on builder confidence for newly-built single-family homes. […]

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Sable Homes: COVID-19 Response

For the safety of our employees, and the communities that we serve, Sable Homes has shut down all in-person operations at this time. For current projects, we are working to put in place safety and protection measures. Meanwhile, www.SableHomes.com is available for the virtual home buying experience. Watch WZZM 13 interview with Sable Homes regarding […]

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WZZM 13 talks with Sable Homes’ Karin Kay about record low mortgage rates

While coronavirus draws growing economic fears, there is a silver lining: a record-level drop in mortgage rates. Earlier this week, the stock market slumped due to coronavirus fears, but that’s great news for interest rates. “I know we always say it’s a great time to buy,” Kevin Wildman, a branch manager with Lake State Mortgage, […]

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How the coronavirus outbreak in the U.S. is impacting the local and national housing market

Recent fears over the coronavirus outbreak in the U.S. has now begun to impact the country’s economic climate. At the end of February, coronavirus concerns sparked the most dramatic stock market sell-off since the 2008 financial crisis, according to NPR. Stocks rallied back on Monday, March 2, on expectations that the Federal Reserve would cut […]

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Sable Homes expects to see growth in 2020, despite regulatory restrictions

As demand for housing continues to grow in West Michigan, Sable Homes, which is ranked as one of the region’s top-three home builders and top 250 nationally, expects inventory shortages to continue through 2020 for homes in the $200,000 -$300,000 range. Additionally, the Rockford, Michigan-based home builder plans to broaden its territory, despite regulatory restrictions […]

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