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  • First Impressions: Get Instant Curb Appeal With These 10 Must-Dos

    By Christine Rae, Staging Expert The Internet is the first source for viewing a property for most buyers, even before talking to a real estate professional. That means curb appeal is important because they are “driving by” the listing, and you don’t know it. Here are 10 things to consider when assessing the curb appeal of ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 27, 2010
  • Mortgage Rates hit an All Time Low 4.69%

    Average interest on a 30-year fixed mortgage fell to an all-time low of 4.69 percent this week, down from 4.75 percent a week ago, reports Freddie Mac. Although rates have held below 5 percent since early May, Michael Fratantoni of the Mortgage Bankers Association notes that demand for purchase loans has fallen in six of the past seven weeks and ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 27, 2010
  • Traverse City Real Estate Market Improves

    More Positive News for the Traverse City Area - Traverse City homes sales +8.71% from 2009!!! Despite all the gloom and doom we all still hear from the media Traverse City home sales are on the rise and expected to continue to do so.  From January 1st - May 30th 2010 Traverse single family home sales rose by 8.71% with 442 homes sold in ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 11, 2010
  • Purchasing foreclosed properties

    REO vs. Foreclosure An REO (Real Estate Owned) home is a property that goes back to the mortgage company after an unsuccessful foreclosure auction. You see, most foreclosure homes do not sell at auctions and most don’t even generate bids. If there was enough equity in the property to satisfy the loan, the owner would have probably sold the ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on May 17, 2010