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Traverse City Real Estate Market Statistics
Weekly Market Statistics 05/13/2013 thru 05/19/2013 303 New Listings 107Sold Listings 290 Pending Sales By Classification 80 Residential $19,000 to $1,075,000 Median $156,200 Mean $213,681 22 Vacant Land $12,000 to $440,000 Median $79,000 Mean $97,527 Read More...
New Traverse City Real Estate Listings Search now Available
I have recently greatly enhanced my Traverse City area Real Estate Listings search on my website www.c21jb.com You can now search the most current listings and exclude listings that already have accepted offers and pending sales on them and I have included Read More...
Traverse City MLS Board - more options for our clients
Three Michigan Associations of REALTORS® Launch a New Collaborative Multiple Listings Service Submitted by NGLR on Mon, 2013-04-01 10:06 Today it was announced that three Michigan associations of REALTORS® have launched a new collaborative multiple Read More...
Traverse City Real Estate Is Red Hot
April 15, 2013 Numbers don't lie, and the statistics and stories alike point to a new real estate boom in Traverse City. The residential real estate rebound is a classic case of supply and demand, with supply of homes in Traverse City down 41 percent Read More...
Century 21 Northland Dominates Regional Awards Ceremony
TRAVERSE CITY, MICH., February 26, 2013 – Last weekend was a great one for Century 21 Northland, as the local real estate brokerage left a regional industry awards event with the lion’s share of accolades. The ceremony, held by Century 21 Read More...
Traverse City area Real Estate Market continues to Improve
As Many people already know the Traverse City area real estate market certainly took hits over the past few years like anywhere but luckily not nearly as hard as many areas. Our local market has been recovering for almost 2 years now with inventories Read More...
Governor Signs Critical Dunes Legislation
/8/2012 LANSING, Mich. - On August 7, 2012, Governor Rick Snyder signed legislation clarifying the criteria for landowners building homes in privately held areas of Michigan’s lakeshore dunes. Senate Bill 1130, sponsored by Sen. Arlan Meekhof, resolves Read More...
Lawmakers Introduce Major Improvements to Critical Dunes Act
5/21/2012 Senate Majority Floor Leader Arlan Meekhof (R-Olive Township) and Representative Jon Bumstead (R-Newaygo) have introduced legislation, Senate Bill 1130 and House Bill 5647 respectively, aimed at applying a less subjective approach to critical Read More...
Real Estate Prices Are Going Back Up
Illustration by Ian Michael Rousey By Jed Kolko Jul 8, 2012 6:30 PM ET House prices , after falling for more than five years, are rising again. All the major sales-price indexes show that there have been modest national increases in recent months, even Read More...
Mortgage Closing Costs on the Decline
Daily Real Estate News | Tuesday, August 07, 2012 --> Closing costs have dropped by 7 percent over the last year, according to an annual survey on closing costs conducted by Bankrate.com. Closing costs average $3,754 nationwide. Title insurance and other Read More...
3.8% Investment Tax - Effective January 2013
Applies to: ! Individuals with adjusted gross income (AGI) above $200,000 Couples filing a joint return with more than $250,000 AGI Types of Income: Interest, dividends, rents (less expenses), capital gains (less capital losses) Formula: " e new Read More...
Traverse City area Home Sales Surge in May
June 23, 2012 Sales surge continues in May 236 homes were sold in the five-county area last month By Bill O'Brien bobrien@record-eagle.com The Record Eagle Sun Jun 24, 2012, 10:06 AM EDT TRAVERSE CITY — Housing sales continued a spring-time Read More...
Shadow Inventory Drops to 2008 Lows
Daily Real Estate News | Monday, June 18, 2012 --> Shadow inventory dropped nearly 15 percent year-over-year in April and is at about a four-month supply—reaching its lowest level in nearly three years, real estate data provider CoreLogic reports. Read More...
Time to snag a lakefront bargain home in Up North Michigan
TRAVERSE CITY -- Home sales and prices are on the rise in parts of northwestern Michigan as baby boomers scoop up second homes and cottages sometimes years before they plan to retire to get today's discounted prices on lakefront property. Realtors Read More...
Traverse City area home sales on the rebound
Local home sales on the rebound By Bill O'Brien-Traverse City Record-Eagle Posted: 05/23/2012 7:14 AM Existing home sales continued to surge in the 5-county area, and sale prices also are starting to rebound. April home sales totaled 206 across Grand Read More...