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  • Why Buyers, Sellers Shouldn't Panic

    Daily Real Estate News | Tuesday, January 12, 2016 --> Stocks globally have been off to a bumpy start in the new year, which has spawned news articles showing concern over whether a shaky housing market could be poised for a slowdown and even a similar doom to the 2007 housing crisis. But analysts say you have no reason to be ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 13, 2016
  • Home Owners Trump Renters in Wealth

    Daily Real Estate News | Friday, October 16, 2015 --> Home owners’ net worth is significantly higher than renters. A typical home owner’s net worth is $195,400 compared to a renter’s $5,400, according to the Federal Reserve’s last data from 2013. The Fed’s next survey of household finances, which is ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 19, 2015
  • Mortgage Rates Dip Below 4% Again

    Daily Real Estate News | Friday, August 07, 2015 --> For the third consecutive week, averaged fixed mortgage rates edged down as uncertainty about the economy continued to push Treasury yields lower, Freddie Mac reports in its weekly mortgage market survey. The 30-year fixed-rate mortgage dropped 7 basis points this week to 3.91 ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 10, 2015
  • Economists Pinpoint Housing Inventory Shortage Causes

    Daily Real Estate News | Tuesday, June 30, 2015 --> Inventories of homes for-sale remain low due to home owners staying put and homebuilders still keeping supplies tight, economists said during a panel discussion at the National Association of Real Estate Editors' annual conference.Read more:  Why Inventory Problems Aren't ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on July 1, 2015
  • Consumers: Real Estate a 'Good Investment'

    Consumers: Real Estate a 'Good Investment'Daily Real Estate News | Monday, April 27, 2015 --> Americans believe that real estate is the best long-term investment option for the second year in a row, according to a new survey by Gallup.Americans Sold on Real Estate? Consumers Show Shift in Home Ownership Millennials Move ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on April 27, 2015
  • Did Mortgages Just Get Easier to Obtain?

    Daily Real Estate News | Tuesday, December 02, 2014 --> Fannie Mae and Freddie Mac's new lending guidelines went into effect Monday, which are expected to help loosen up the tight credit standards that home buyers and refinancers have faced in recent years. The guidelines clarify when lenders will be penalized for making mistakes ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on December 2, 2014
  • Michigan Tops Nations housing Price Increases

    Home Prices Still Rising, But Pace SlowsDaily Real Estate News | Wednesday, November 05, 2014 --> September's home prices showed year-over-year appreciation in every state, but signaled a slowdown as earlier double-digit increases have faded to more modest single-digit increases, according to CoreLogic’s Home Price Index for ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 5, 2014
  • Traverse City Real Estate Market YTD Stats

    The Traverse City area real estate market continues to rebound well and continues to be in great demand , especially the under 250,000 price points....the lower the price point the more demand which is driving inventory down and prices up. Great news if you are a seller, not so great news if you're the buyer. Single family home listings ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on September 9, 2014
  • 2013 Traverse City area Real Estate Statistics - Market Improving

    Happy 2014 from Traverse City. The 2013 Traverse City / Grand Traverse area real estate market statistics are in for our local MLS/ 5 County area and the market has improved in every category as you can see by the attached document. If you or anyone you know has any selling or buying real estate needs please Contact Jon anytime, ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 13, 2014
  • 5 Tips to Improve Your Credit Score

    Daily Real Estate News | Friday, December 20, 2013 --> No credit or a bad credit score can be an obstacle to home buying, but you can offer advice to help clients improve their finances.  Al Goldstein, CEO of Pangea Properties in Chicago, has these five tips to pass on to your clients, which will help them take control of their ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on December 23, 2013
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