Housing Starts Spike to 11-Year High, Permits Stumble

Following a dip last month, housing starts rebounded in May, up 5 percent to 1.35 million from the revised April estimate of 1.286 million, according to recent data released by the U.S. Department of Housing and Urban Development and the Commerce Department. Meanwhile, single-family housing starts jumped up 3.9 percent since April to 936,000, the second-highest reading since the Great Recession, according to the National Association of Home Builders. Multifamily starts (five units or more) dropped slightly to 404,000.

Permit approvals fell 4.6 percent since April to 1.3 million; however, they are still 8 percent above the May 2017 rate, according to the data. Approvals for single-family builds were down 2.2 percent to 844,000 permits, and multifamily approvals came in at 421,000.

“Ongoing job creation, positive demographics and tight existing home inventory should spur more single-family production in the months ahead,” said NAHB Chief Economist Robert Dietz, in a statement. “However, the softening of single-family permits is consistent with our reports showing that builders are concerned over mounting construction costs, including the highly elevated prices of softwood lumber.”

As for completions, rates bumped up 1.9 percent from April to 1.291 million, with single-family completion rates rising dramatically—11 percent from April numbers to 890,000. Multifamily completions came in at 389,000, down 14.1 percent from April rates.

“We should see builders continue to increase production to meet growing consumer demand even as they grapple with stubborn supply-side constraints, particularly rising lumber costs,” said NAHB Chairman Randy Noel.

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$142,000 :: 28310 ADLER PARK #223 21, CHESTERFIELD Township MI, 48051

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2 beds, 2 baths
Home size: 1,358 sq ft
Lot Size: 0 sq ft
Added: 05/08/18, Last Updated: 06/19/18
Property Type: Condo/Townhouse/Co-Op
MLS Number: 58031346804
Community: Chesterfield Twp
Tract: NORTHPOINTE VILLAGE OF CHESTER
Status: Sold

INVITING UPPER LEVEL CONDO IN NORTHPOINTE VILLAGE OF CHESTERFIELD! THIS CORNER UNIT FEATURES GREAT VIEWS, AN OPEN FLOOR PLAN, KITCHEN W/FULL COMPLEMENT OF APPLIANCES AND MAPLE CABINETS, SPACIOUS LIVING ROOM W/CATHEDRAL CEILINGS AND FIREPLACE, PRIVATE LAUNDRY ROOM W/WASHER AND DRYER, 1-CAR ATTACHED GARAGE, PRIVATE BALCONY, FRESH COAT OF INTERIOR PAINT, BRAND NEW CARPET, ASSOCIATION INCLUDES GROUNDS MAINTENANCE, COMMUNITY SWIMMING POOL/CLUB HOUSE ACCESS, BIKING/WALKING PATHS & CHILDREN’S PLAY AREA W/PLAYSCAPE.

Listed with Real Living Kee Realty-New Baltimore


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$262,000 :: 52660 W Hill, Chesterfield MI, 48047

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3 beds, 2.1 baths
Home size: 2,175 sq ft
Lot Size: 10,018 sq ft
Added: 05/11/18, Last Updated: 06/19/18
Property Type: Single Family
MLS Number: 543256603
Community: Chesterfield Twp
Status: Sold

This beautiful 2175 sqft home is conveniently located close to downtown New Baltimore. It features a large master suite with cathedral ceilings, huge walk in closet and jacuzzi tub. Beautiful dark floors, large open kitchen and built in office space make this home a must see. Located in a quiet subdivision, you can enjoy a landscaped exterior and a paver patio. This one won’t last long!

Listed with Keller Williams Ann Arbor


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$265,000 :: 35448 EDMUNDS GROVE, NEW BALTIMORE MI, 48047

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3 beds, 2.1 baths
Home size: 2,184 sq ft
Lot Size: 11,761 sq ft
Added: 05/16/18, Last Updated: 06/19/18
Property Type: Single Family
MLS Number: 58031347626
Community: New Baltimore
Tract: BALTIMORE SQUARE SUB
Status: Sold

Estate forces sale of this sprawling ranch home. Original owner, full brick exterior, 3-D roof was updated a few years ago, very open floor plan which includes extra wide foyer area that is very welcoming and ceramic tiled, den has hardwood floor and glass entry door, high vaulted ceiling w/corner gas fireplace in great room, recessed eye-lights, natural woodwork throughout, oak kitchen with island counter. Stove, fridge, microwave and dishwasher stay, large eating area w/door-wall that leads to patio, 1st floor laundry w/washer & dryer, master bedroom has master bath w/ceramic tiled shower & jetted tub, large main bath also ceramic tile, 2nd bedroom has beamed cathedral ceiling, 1/2 bath off kitchen area, semi-finished basement w/3rd full bath, relaxing backyard with mature trees and privacy, partially fenced yard, close to Bay Rama Park, immediate occupancy.

Listed with Advantage Realty


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$174,900 :: 53237 BUTTERNUT ST, Chesterfield MI, 48051-2756

2 beds, 3 baths
Home size: 1,205 sq ft
Lot Size: 0 sq ft
Added: 06/19/18, Last Updated: 06/19/18
Property Type: Single Family
MLS Number: 21463441
Community: Chesterfield Twp (50009)
Tract: WHISPERING PINES CONDO # 644 L
Status: Active

Wonderful Ranch, 2 Bedrooms, 3 Bathrooms and a 2 car attached garage. First floor Laundry. Living Room has a corner fireplace. The full Finished basement has a office/ 3 bedroom. Large deck with retractable awning. This has everything your buyer is looking for.

Listed with Exit Realty Group


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$265,000 :: 35448 Edmunds Grove, New Baltimore MI, 48047

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3 beds, 4 baths
Home size: 2,184 sq ft
Lot Size: 11,761 sq ft
Added: 05/16/18, Last Updated: 06/19/18
Property Type: Single Family
MLS Number: 31347626
Community: New Baltimore (50010)
Tract: Baltimore Square Sub
Status: Sold

Estate forces sale of this sprawling ranch home. Original owner, full brick exterior, 3-D roof was updated a few years ago, very open floor plan which includes extra wide foyer area that is very welcoming and ceramic tiled, den has hardwood floor and glass entry door, high vaulted ceiling w/corner gas fireplace in great room, recessed eye-lights, natural woodwork throughout, oak kitchen with island counter. Stove, fridge, microwave and dishwasher stay, large eating area w/door-wall that leads to patio, 1st floor laundry w/washer & dryer, master bedroom has master bath w/ceramic tiled shower & jetted tub, large main bath also ceramic tile, 2nd bedroom has beamed cathedral ceiling, 1/2 bath off kitchen area, semi-finished basement w/3rd full bath, relaxing backyard with mature trees and privacy, partially fenced yard, close to Bay Rama Park, immediate occupancy.

Listed with Advantage Realty


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$174,900 :: 53237 BUTTERNUT ST, Chesterfield MI, 48051-2756

2 beds, 3 baths
Home size: 1,205 sq ft
Lot Size: 0 sq ft
Added: 06/19/18, Last Updated: 06/19/18
Property Type: Single Family
MLS Number: 21463441
Community: Chesterfield Twp (50009)
Tract: WHISPERING PINES CONDO # 644 L
Status: Active

Wonderful Ranch, 2 Bedrooms, 3 Bathrooms and a 2 car attached garage. First floor Laundry. Living Room has a corner fireplace. The full Finished basement has a office/ 3 bedroom. Large deck with retractable awning. This has everything your buyer is looking for.

Listed with Exit Realty Group


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$290,000 :: 48629 Sugarbush, Chesterfield MI, 48047

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3 beds, 3 baths
Home size: 1,864 sq ft
Lot Size: 15,681 sq ft
Added: 02/16/18, Last Updated: 06/19/18
Property Type: Single Family
MLS Number: 31340238
Community: Chesterfield Twp (50009)
Tract: S/P BAKER’S SALT RIVER
The price of this listing was last reduced on 4/5/2018 by 2%
Status: Sold

Move right into this GORGEOUS 3 Bedroom, 2 1/2 bath home LOADED with EXTRAS. SPACIOUS kitchen features under mount sink with upgraded faucet, Stainless steel microwave & dishwasher, LAFATA cabinets, GRANITE, ISLAND, large nook with BAY WINDOW & door wall to backyard. Lovely great room with CROWN MOLDING, gas fireplace, mantle, ceiling fan, & recessed cans above fireplace. Luxurious master suite with step-up ceiling with recessed lighting, ceiling fan, walk-in-closet & master Bath with premium tile. 1st floor laundry room with cabinets, gray box & prepped for gas! 96+ Furnace, 50 gallon hot water tank, A/C, insulated basement! IMMEDIATE OCCUPANCY!!! MUST SEE!

Listed with Re/Max Metropolitan


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$174,900 :: 53237 BUTTERNUT Street, Chesterfield Township MI, 48051

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Property Photo

2 beds, 3 baths
Home size: 1,205 sq ft
Lot Size: 0 sq ft
Added: 06/19/18, Last Updated: 06/19/18
Property Type: Single Family
MLS Number: 218055527
Community: Chesterfield Twp
Tract: WHISPERING PINES CONDO # 644 L
Status: Active

Wonderful Ranch, 2 Bedrooms, 3 Bathrooms and a 2 car attached garage. First floor Laundry. Living Room has a corner fireplace. The full Finished basement has a office/ 3 bedroom. Large deck with retractable awning. This has everything your buyer is looking for.

Listed with Exit Realty Group


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$290,000 :: 48629 Sugarbush, Chesterfield Township MI, 48047

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Property Photo

3 beds, 2.1 baths
Home size: 1,864 sq ft
Lot Size: 15,681 sq ft
Added: 02/16/18, Last Updated: 06/19/18
Property Type: Single Family
MLS Number: 218012527
Community: Chesterfield Twp
Tract: S/P BAKER’S SALT RIVER
Status: Sold

Move right into this GORGEOUS 3 Bedroom, 2 1/2 bath home LOADED with EXTRAS. SPACIOUS kitchen features under mount sink with upgraded faucet, Stainless steel microwave & dishwasher, LAFATA cabinets, GRANITE, ISLAND, large nook with BAY WINDOW & door wall to backyard. Lovely great room with CROWN MOLDING, gas fireplace, mantle, ceiling fan, & recessed cans above fireplace. Luxurious master suite with step-up ceiling with recessed lighting, ceiling fan, walk-in-closet & master Bath with premium tile. 1st floor laundry room with cabinets, gray box & prepped for gas! 96+ Furnace, 50 gallon hot water tank, A/C, insulated basement! IMMEDIATE OCCUPANCY!!! MUST SEE!

Listed with RE/MAX Metropolitan


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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