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  • 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 third-party fees also saw a drop in the last year, falling 12 percent, and origination fees ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 8, 2012
  • Home Ownership - Still HIGHLY Important to Americans

    REALTORS® rallied for the American dream of home ownership. But the nation’s voters are just as committed to the cause, according to a national survey released in May by the Woodrow Wilson International Center for Scholars.July 2012--> Visitors to the nation’s capital saw a sea of blue gathered near the Washington Monument May 17 ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on July 23, 2012
  • Political Deadlock Prompting Sales Deadlines

    Wealthy home owners are reportedly contacting their real estate agents with an urgent request: They must sell their home within the next five months, CNBC reports. Why are they suddenly in such a rush to sell? Wealthy home owners—those with million-plus home values—are seeing Jan. 1 as a deadline to sell their home in case Congress ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on July 23, 2012
  • Traverse City area Home Sales Surge in May

    June 23, 2012 Sales surge continues in May236 homes were sold in the five-county area last monthBy Bill O'Brienbobrien@record-eagle.comThe Record EagleSun Jun 24, 2012, 10:06 AM EDTTRAVERSE CITY — Housing sales continued a spring-time surge in May across the 5-county region. Existing home sales totaled 236 last month in Grand Traverse, ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 25, 2012
  • 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. Shadow inventory, as defined by CoreLogic, refers to properties that are seriously delinquent ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 18, 2012
  • Century 21 -Fasting Growing Real Estate Franchise Website

    What Makes CENTURY 21® Agents Faster? How About The Fastest Growing Real Estate Franchise Website In The Business?19714216ShareBy Molly on June 5th, 2012 0 CommentsAccording to metrics recently produced by Comscore, traffic to the CENTURY 21 website, CENTURY21.com, is up 40% year over year through April 2012. This number not only outpaces ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 6, 2012
  • 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 in the area say they've seen heightened activity this year as more buyers are finding the ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 3, 2012
  • Traverse City area home sales on the rebound

    Local home sales on the reboundBy Bill O'Brien-Traverse City Record-EaglePosted: 05/23/2012 7:14 AMExisting 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 Traverse, Leelanau, Benzie, Antrim and Kalkaska counties, according to data ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on May 23, 2012
  • 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 1. The law will also allow lenders who foreclose on property to retain the principal ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on May 2, 2012
  • Grand Traverse Home Sales up in March

    April 20, 2012Grand Traverse home sales up in MarchTAAR reports highest March figures in at least six yearsBy Bill O'Brienbobrien@record-eagle.comThe Record EagleFri Apr 20, 2012, 07:18 AM EDTTRAVERSE CITY — Mother Nature helped boost home sales in the Grand Traverse region. She didn't close any deals, but March's unseasonably ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on April 20, 2012
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