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  • It's Tax (Appeal) Time

    It's Tax (Appeal) TimeMarch 15, 2016By Lynn Geiger This week, across northern Michigan, business owners and residents are lining up before their local boards of review to appeal their taxes – in most cases, property taxes. Whether due to an exemption they now qualify for or because they believe a piece of property ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 15, 2016
  • 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
  • Solo Sales: For Sale By Owners’ Costly Mistake

    Daily Real Estate News | Tuesday, November 10, 2015 --> Forty-eight percent of home owners who sell their home without a real estate agent believe that if they sell themselves they’ll have to just do a little extra work and then be able to save on having to pay a commission or closing fee. But research shows that ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 10, 2015
  • 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
  • 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