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  • Home Prices Surge to Fastest Pace in Year

    Daily Real Estate News | Tuesday, March 24, 2015 --> Existing-home sales showed some improvement in February, but remain constrained by low inventories of homes for-sale that are pushing price growth to the fastest pace in a year, according to the National Association of REALTORS®.Inventory Crunch Tight Supplies Put Home Prices ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 24, 2015
  • Foreclosure Inventory Plunges 33%

    Daily Real Estate News | Thursday, March 12, 2015 --> Foreclosures are quickly drying up in many markets. Foreclosure inventory dropped 33.2 percent, while completed foreclosures fell 22.5 percent in January year-over-year, according to CoreLogic’s January 2015 National Foreclosure Report.Read more: Repeat Foreclosures Jumped in ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 12, 2015
  • Pending Home Sales Surge to 18-Month High

    Pending Home Sales Surge to 18-Month HighDaily Real Estate News | Monday, March 02, 2015 --> A rise in buyer demand pushed pending home sales upward in January to the highest level since August 2013, according to the National Association of REALTORS®’ Pending Home Sales Index, a forward-looking indicator based on contract ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 2, 2015
  • Mortgage Rates Remain Near 2013 Lows

    Daily Real Estate News | Friday, February 13, 2015 --> Average fixed-rate mortgages are holding near historical lows, but did inch higher this week amid a stronger employment report, Freddie Mac reports in its weekly mortgage market survey. The economy added 257,000 new jobs in January, following additional increases in December ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on February 16, 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
  • 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
  • Fannie, Freddie to Loosen Up on Lending

    Daily Real Estate News | Monday, October 20, 2014 --> The regulator of mortgage giants Fannie Mae and Freddie Mac is reportedly working on a deal with the financing entities that will loosen up lending standards and make mortgages more affordable for those with less-than-perfect credit. The move is expected to expand home ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 20, 2014
  • Traverse City Real Estate Market Update/Statistics

    As of the end of the 3rd Quarter 2014 the Traverse City area Real Estate Market continues to rebound nicely with values and average & median sales prices on the rise and days on the market on a decline. Year to date through Sept. 30,2014 over the same time frame 2013  the 5 county area  ( Grand Traverse, Leelanau, ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 17, 2014
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