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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
  • Mortgage Rates Dip Below 4% Again

    Daily Real Estate News | Friday, August 07, 2015 --> For the third consecutive week, averaged fixed mortgage rates edged down as uncertainty about the economy continued to push Treasury yields lower, Freddie Mac reports in its weekly mortgage market survey. The 30-year fixed-rate mortgage dropped 7 basis points this week to 3.91 ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 10, 2015
  • 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
  • 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
  • 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 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
  • Why and How Northwestern Bank Was Sold

    By Luke Haase With yesterday’s announced sale of Northwestern Bank to Midland-based Chemical Bank, The Ticker examines why the deal happened and how the two Michigan community banks came together. Why Most bankers and analysts agree that it’s increasingly challenging for small players to compete amidst more ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 12, 2014
  • Century 21 Survey -Home Ownership is Key for Returning Troops

    Daily Real Estate News | Monday, December 02, 2013 --> For 75 percent of military families, owning a home is one of the most important things to accomplish upon returning from service, according to a Century 21 survey. Harris Interactive conducted the study of more than 400 responses of military members or spouses. “Home ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on December 2, 2013
  • Foreclosures Fall to 5-Year Lows

    Daily Real Estate News | Monday, November 25, 2013 --> National foreclosure pre-sale inventory is at its lowest point since 2008, Lender Processing Services reports.  The inventory—which reflects the number of loans that are in some stage of foreclosure—represents 2.54 percent of all mortgaged homes in LPS' ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 25, 2013
  • Lenders Loosen Down Payment Requirements

    Daily Real Estate News | Monday, November 18, 2013 --> Lenders' tight underwriting standards have been blamed for sidelining many potential home buyers the last few years. But lenders may be showing signs of loosening up a bit.  The average down payment on a 30-year, fixed-rate mortgage fell 2.74 percent from the second ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 19, 2013
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