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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
  • Winter Is Best Time to Sell, Study Shows

    Daily Real Estate News | Monday, December 15, 2014 --> The housing market doesn’t hibernate in the winter. Sellers who list and buyers who buy often find the winter season the most advantageous time to make a move in real estate, according to a new study by the real estate brokerage Redfin. The winter season officially takes ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on December 15, 2014
  • Landscaping can Increase your Homes Value up to 12.70%

      DAILY REAL ESTATE NEWS You might want to take a closer look at your listing's curb appeal: Upgrading a home's landscape from average to excellent can raise its overall value by 10 percent to 12 percent, according to research from Virginia Tech. Up Your Curb Appeal  6 Landscaping Tricks That Wow Buyers  Landscaping That ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 24, 2014
  • Traverse City area Real Estate Market continues to Improve

    As Many people already know the Traverse City area real estate market certainly took hits over the past few years like anywhere but luckily not nearly as hard as many areas.  Our local market has been recovering for almost 2 years now with inventories down and values up slightly in 2011 .....2012 is showing even stronger gains.  The ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 16, 2012
  • Real Estate Prices Are Going Back Up

    Illustration by Ian Michael Rousey By Jed Kolko Jul 8, 2012 6:30 PM ETHouse prices, after falling for more than five years, are rising again. All the major sales-priceindexes show that there have been modest national increases in recent months, even after adjusting for seasonal patterns. When foreclosures and distressed sales are ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 17, 2012
  • 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
  • 3.8% Investment Tax - Effective January 2013

    Applies to: ! Individuals with adjusted gross income (AGI) above $200,000 Couples filing a joint return with more than $250,000 AGITypes of Income: Interest, dividends, rents (less expenses), capital gains(less capital losses)Formula: " e new tax applies to the LESSER of" Investment income amount" Excess of AGI over the ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 8, 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
  • 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
  • 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
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