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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
  • Heat Wave Sweeps Through Housing Market

    Daily Real Estate News | Tuesday, June 30, 2015 --> Read more: 10 Housing Markets Fueled by Job GrowthThe housing market is getting hotter this summer, according to a preliminary analysis of June data from realtor.com®. The median list price nationwide in June rose 7 percent year-over-year, reaching $233,000. The median days on ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on July 1, 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
  • Home Prices Surge to Fastest Pace in Year

    Daily Real Estate News | Tuesday, March 24, 2015 --> Existing-home sales showed some improvement in February, but remain constrained by low inventories of homes for-sale that are pushing price growth to the fastest pace in a year, according to the National Association of REALTORS®.Inventory Crunch Tight Supplies Put Home Prices ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 24, 2015
  • Foreclosure Inventory Plunges 33%

    Daily Real Estate News | Thursday, March 12, 2015 --> Foreclosures are quickly drying up in many markets. Foreclosure inventory dropped 33.2 percent, while completed foreclosures fell 22.5 percent in January year-over-year, according to CoreLogic’s January 2015 National Foreclosure Report.Read more: Repeat Foreclosures Jumped in ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 12, 2015
  • Mortgage Rates Remain Near 2013 Lows

    Daily Real Estate News | Friday, February 13, 2015 --> Average fixed-rate mortgages are holding near historical lows, but did inch higher this week amid a stronger employment report, Freddie Mac reports in its weekly mortgage market survey. The economy added 257,000 new jobs in January, following additional increases in December ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on February 16, 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
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