All Blog Entries by Joe Hayes 
There are currently 18 blog entries published by Joe Hayes.
Mark You Calander - Lighthouse Festival June 2-3
Friday, May 18th, 2012 at 9:43am. 16 Views, 0 Comments.
Sable Point Lighthouse Keepers Association will be holding their first ever "Lighthouse Festival" in a couple of weeks. The event looks to be a pretty good time! There will be live music, craft fair, and more.
| Big Sable Point Lighthouse | Ludington, MI |
| Ludington North Breakwater Light | Ludington, MI |
| Little Point Sable Lighthouse | Mears, MI |
| White River Light Station | Whitehall, MI |
How to Calculate Property Taxes when Buying a Home
Monday, March 12th, 2012 at 10:34am. 163 Views, 0 Comments.
One question I often hear when working with buyers in the real estate market is, "How much will my property taxes be?" Often, they want to know what they are currently. This information is publicly available and is on the MLS listing sheet, however, it is not a very accurate way to determine what the taxes would be once you purchase the property. This is because they may be locked in at a higher or lower level from an historical real estate transaction or the property might be homesteaded differently than how you will hold title.
The information you will need to know is:
- Current Millage Rate
- SEV (State Equalized Value)
- Homestead? (Yes or No)
Milage Rate
The millage rate is is the annual tax rate per $1,000 in SEV. For…
Pentwater Real Estate - 2011 Sold Data
Thursday, March 1st, 2012 at 9:42am. 121 Views, 0 Comments.
Here is a run down of Sold Real Estate in Pentwater (49449 zip) in 2011
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Silver Lake Michigan - Jan 2012 Sold Properties
Wednesday, February 29th, 2012 at 3:29pm. 97 Views, 0 Comments.
There was only one closing in January in the Silver Lake area (Mears zip code 49436), but it was a big one!
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Silver Lake Michigan Real Estate Stats - 2011 Sold Data Analysis
Friday, February 3rd, 2012 at 7:12am. 117 Views, 0 Comments.
Last Year, there were 32 homes sold in the Silver Lake, Mears Michigan area (49436 Zip Code). They ranged in price from $30,000 to $399,900. The average home sold for $125,510 in 182 days at 97.1% of full listing price. There are currently 42 homes on the market, so that calculates into about 16 months of supply. With this much "supply," it is important to price a home appropriately in order to sell it in a reasonable amount of time. A deeper look into the numbers reveals that although the average home sold for 97% of the listing price, the original asking price was higher. The average home sold for 91% of the original list price.
2011 Silver Lake Real Estate Sales |
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Waterfront Real Estate on Silver Lake - 2011 Market Data Analysis
Thursday, January 26th, 2012 at 8:22pm. 65 Views, 0 Comments.
In 2011, there were 3 homes on Silver Lake that sold:
| Address | Sale Price |
| 8524 W Silver Lake Road | $399,900 |
| 8829 N Duna Vista Drive | $215,000 |
| 9248 W Silver Lake Rd | $380,000 |
The average price for a home on Silver Lake was $331,633. The average amount of time it took to sell was 183 days (or about 6 months) and the average home sold for $221 per square foot at 95% of the listing price.
There are currently 5 waterfront homes for sale on the lake. One is on the channel and one is a condo, so there are 3 single family homes that are actually on Silver Lake. They range in price from $324,999 to $565,000.
With 3 homes on the market and 3 homes sold last year,…
Waterfront Real Estate in Pentwater is still selling
Wednesday, January 25th, 2012 at 9:05am. 71 Views, 0 Comments.
In 2011, there we 39 homes sold in Pentwater. Of these, 24 were on the water or had water access. This includes Pentwater Lake, Bass Lake, and Lake Michigan mostly. So waterfront homes accounted for nearly two-thirds of all sales in Pentwater. This is interesting in light of the fact that waterfront homes only account for about one-third of all active MLS listings. There are currently in 91 homes on the market in Pentwater and 34 of those are waterfront properties.
Our Website is Getting a Facelift
Saturday, January 21st, 2012 at 11:59am. 88 Views, 0 Comments.
Starting this spring, Maplewood Homes will no longer need to share a website with Greenridge Realty. This site will then be free to focus exclusively on the areas I serve as a real estate agent, specifically, Silver Lake Michigan, Pentwater, and Oceana County (plus Ludington). In a few weeks' time we will be launching a brand new Maplewood Homes website that will be better than ever! Stay tuned...
Parade of Homes Early Warning
Wednesday, January 4th, 2012 at 5:26pm. 102 Views, 0 Comments.
The Home Builders Association of West Michigan has set it's dates for the 2012 Parade of Homes. It will be June 15-17th. Maplewood Homes plans to have at least two Ludington homes in this year's Parade.
2011 Coming to a Close and Things are Looking Up
Saturday, December 31st, 2011 at 8:39am. 77 Views, 0 Comments.
Everyone I talk to here in West Michigan is seeing an uptick in new construction. The guys down at the lumber yard, my trade partners and vendors, everyone is saying the same thing; that builders have work. This is a change from prior seasons when it seemed many builders were just doing odd jobs to stay busy. We're still a long way down from the peak, but it's good to hear that other builders are finding work, too. Here at Maplewood Homes, we sold 5 new homes in 2011. Our best year, before the economic downturn, we sold 19 new homes, and you can see that we're well below that. Still, this is a 66% increase over the 3 "build jobs" we had in 2010. Slow, steady recovery in the housing market is probably all we could hope for and if it…