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  • 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
  • NAR: Home Sales Only Going Up From Here

    Daily Real Estate News | Thursday, January 08, 2015 --> Existing-home sales will likely rise about 7 percent this year, as a strengthening economy and job growth leads to a healthier market, according to the National Association of REALTORS®' 2015 housing forecast.Housing Roller Coaster Something's Wrong With the ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 8, 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
  • Traverse City Real Estate Market Update/Statistics

    As of the end of the 3rd Quarter 2014 the Traverse City area Real Estate Market continues to rebound nicely with values and average & median sales prices on the rise and days on the market on a decline. Year to date through Sept. 30,2014 over the same time frame 2013  the 5 county area  ( Grand Traverse, Leelanau, ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 17, 2014
  • Downtown Traverse City Living Demand Spurs Building Boom

    Downtown Living Demand Spurs Building BoomOctober 13, 2014By Lynn Geiger Downtown Travese City is experiencing a building boom --driven by strong demand for residential living in the downtown district. In the last two weeks alone two developments held groundbreaking ceremonies – and together will add close to 40 ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 13, 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
  • CENTURY 21 Real Estate Sweeps J.D. Power 2014 Home Buyer/Seller Satisfaction Study

    MADISON, N.J., Aug. 6, 2014 /PRNewswire/ -- CENTURY 21 Real Estate, the iconic brand with the world's largest real estate franchise sales organization, announced that it has been ranked highest in overall customer satisfaction by the J.D. Power 2014 Home Buyer/Seller Satisfaction Study(SM) , released today. Specifically, CENTURY 21(R) Real ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 11, 2014
  • NAHB's Most Popular New-Home Features

    Daily Real Estate News | Monday, March 31, 2014 --> Convenience, livability, and energy efficiency are top priorities in the construction of new homes this year, according to the National Association of Home Builders, which recently released the most popular features in new single-family homes in 2014. Builders nationwide were ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 31, 2014
  • FHA Closing Gap on Capital Shortfall

    Daily Real Estate News | Monday, December 16, 2013 --> A year ago, the Federal Housing Administration was projected to face a $16.3 billion shortfall, but the shortfall now has fallen to $1.3 billion, a new independent audit shows.  FHA received $1.7 billion in funds from the U.S. Treasury in September to help cover projected ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on December 16, 2013
  • Foreclosures Fall to 5-Year Lows

    Daily Real Estate News | Monday, November 25, 2013 --> National foreclosure pre-sale inventory is at its lowest point since 2008, Lender Processing Services reports.  The inventory—which reflects the number of loans that are in some stage of foreclosure—represents 2.54 percent of all mortgaged homes in LPS' ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 25, 2013
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