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  • December Existing-Home Sales Show Uptrend

    Daily Real Estate News | Friday, January 20, 2012 -->Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above where they were a year ago, according to the National Association of REALTORS®. The latest monthly data shows total existing-home salesrose 5.0 percent to a seasonally adjusted ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 20, 2012
  • October Existing-Home Sales Rise

    Daily Real Estate News | Monday, November 21, 2011 --> Existing-home sales improved in October while the number of homes on the market continued to decline, according to the National Association of REALTORS®. Total existing-home sales — completed transactions that include single-family, townhomes, condominiums and co-ops — ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 22, 2011
  • 12 Housing Markets Seeing the Biggest Turnarounds

    Daily Real Estate News | Monday, September 12, 2011 --> The National Association of Home Builders is debuting a new economic index that highlights metro areas that are seeing the most improvement in their housing markets. The First American Improving Markets Index reveals 12 metro areas that have seen a turnaround for at least six months ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on September 13, 2011
  • Green Mortgages Allow More Options for Upgrades

    Daily Real Estate News | Monday, September 12, 2011 --> With the growth of green building the last decade, green lending has emerged to help finance those often costly “green” upgrades. Dave Porter, with PorterWorks in Stanton, Wash., who provides continuing education courses on green lending to those in the real estate ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on September 13, 2011
  • 11 Fastest-Selling Real Estate Markets

    Nationally, the median age of inventory of homes on the market shrank slightly in May from April to 92 days, but still marks a 4.55 percent year-over-year increase. But in some markets homes are selling much faster. For example, the fastest-selling market continues to be Denver, where homes are selling, on average, in just over a month ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 17, 2011
  • 3 Remodeling Mistakes to Avoid

    By Melissa Dittmann Tracey, REALTOR® Magazine Remodeling a kitchen, bathroom, or other room to increase a home’s value can be a good idea, but home owners need to be careful when undergoing a remodeling task to ensure they don’t fall for some of the common traps. CNNMoney.com recently highlighted a few such common mistakes: 1. ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 17, 2011
  • Michigan Court of Appeals ruling could halt some foreclosures

    A ruling by the state Court of Appeals could mean relief for thousands of people facing foreclosure in Michigan. The ruling applies to foreclosures started under the Mortgage Electronic Registration System, or MERS. MERS is a nationwide system that was created to aide in the sale of mortgage backed securities. In the ruling, which came down ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on April 27, 2011
  • Traverse City MLS Market Summary 2011 YTD

    Statistics for: Class=SF, VL, CM, MF AND Status=ACT'SLD'PND AND Date Range=01/01/2011-04/30/2011 AND Area=1, 2, 3, 4, 5 AND Board=-1; As Of: 4/26/2011 Active Price RangeNumber of ListingsAverage Days On Market0$ - $19,9991,102528$20,000 to $39,9991,220604$40,000 to $79,9991,225494$80,000 to $99,999620509$100,000 to ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on April 26, 2011
  • Century 21 realty offices and realtors recognized by regional broker’s council

    Area realty offices and realtors made a good showing at a regional industry event recently, with Century 21 Northland and Century 21 Sleeping Bear Realty taking home several honors. The Century 21 Northern Michigan Broker's Council holds an annual sales awards event, which was held this year in February in Houghton Lake. Century 21 ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on April 26, 2011
  • Mortgage Delinquencies Continue to Decline

    Mortgages for single-family homes that are 90 days or more delinquent declined for the third consecutive month in February, Freddie Mac reports. Delinquencies on single-family homes dropped to 3.78 percent in February from 3.82 percent in January. What’s more, delinquencies were lower than the 4.2% rate reported one year ago. Freddie Mac ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 28, 2011