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  • The Most Expensive House in Michigan Wants $40 Million

    by Rebecca Golden Oct 27, 2015     Photos via Northern Michigan Land Brokers Granot Loma, a fancy-pants named beachfront estate on Lake Superior, hit the market this week at a staggering $40 million. The self-described "largest log cabin in the world," built over the course of ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 22, 2016
  • Mortgage Rates Are Staying Below 4%

    Daily Real Estate News | Friday, October 16, 2015 --> Interest rates may remain lower longer than originally expected. The Federal Reserve released recent comments that suggested it may continue to hold off in raising short-term interest rates and weaker-than-expected consumer demand is all pushing Treasury yields lower.Read more: 5 ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 19, 2015
  • Remodeling Trends : Add Some Romance to the Master Bedroom

    Posted in Home Trends, Remodeling Adviser, by Melissa Tracey on September 28, 2015 Share on facebookShare on twitterShare on linkedinShare on google_plusone_shareShare on emailMore Sharing Services84By Melissa Dittmann Tracey It’s time to add more romance into your designs. One-third of home owners say ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 5, 2015
  • 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
  • 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
  • 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
  • NAR: Home Sales Only Going Up From Here

    Daily Real Estate News | Thursday, January 08, 2015 --> Existing-home sales will likely rise about 7 percent this year, as a strengthening economy and job growth leads to a healthier market, according to the National Association of REALTORS®' 2015 housing forecast.Housing Roller Coaster Something's Wrong With the ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 8, 2015
  • 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
  • Downtown Traverse City Living Demand Spurs Building Boom

    Downtown Living Demand Spurs Building BoomOctober 13, 2014By Lynn Geiger Downtown Travese City is experiencing a building boom --driven by strong demand for residential living in the downtown district. In the last two weeks alone two developments held groundbreaking ceremonies – and together will add close to 40 ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 13, 2014
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