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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...
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...
Freddie Mac: Housing Still Has Ways to Go
Daily Real Estate News | Friday, February 15, 2013 --> The housing market is in recovery mode, but overall activity still remains near historic lows, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for February. "Across Read More...
6 Reasons Why This Winter Is a Great Time to Sell
Daily Real Estate News | Wednesday, January 23, 2013 --> Forget the myth that winter is a bad time to sell real estate. While sales usually inch lower in the cooler months, some real estate pros are saying this winter in particular may be a great time Read More...
Traverse City Real Estate Market Report
Weekly Market Statistics 11/26/2012 thru 12/02 /2012 119 New Listings 97 Sold Listings 256 Pending Sales By Classification 74 Residential $18,000 to $1,235,000 Median $142,750 Mean $174,953 20 Vacant Land $5,300 to $401,000 Median $36,500 Mean $63,652 Read More...
Traverse City area Real Estate Market Report
Weekly Market Statistics 10/22/2012 thru 10/28 /2012 124 New Listings 77 Sold Listings 274 Pending Sales By Classification 62 Residential $23,122 to $1,200,000 Median $114,450 Mean $176,846 12 Vacant Land $15,000 to $165,000 Median $34,750 Mean $60,300 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...
Home Prices Rise at Accelerated Levels
Daily Real Estate News | Wednesday, October 03, 2012 --> Home prices rose in August by their largest amount since July 2006, CoreLogic reports in its August Home Price Index, which includes distressed sales. Home prices increased 4.6 percent year-over-year Read More...
Traverse City Real Estate Weekly Market Report
Weekly Market Statistics 09/03/2012 thru 09/09 /2012 177 New Listings 102 Sold Listings 279 Pending Sales By Classification 84 Residential $35,000 to $613,000 Median $167,500 Mean $196,533 17 Vacant Land $6,000 to $460,000 Median $42,000 Mean $102,111 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...
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...
New Michigan Principal Residence Exemption Law Passed
Yesterday, Governor Snyder signed into law the revised Principal Residence Exemption statute. The revised statute changes the filing deadline for the Principal Residence Exemption Affidavit from May 1 to June 1 and adds a new second filing date of November Read More...
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