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  • 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
  • 12 Most Popular New-Home Amenities in 2015

    12 Most Popular New-Home Amenities in 2015Daily Real Estate News | Monday, May 18, 2015 --> Master bedroom walk-in-closets and a laundry rooms are the top features that builders are most likely to include in a new home this year, according to a survey of builders conducted by the National Association of Home Builders. "Both ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on May 18, 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
  • 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
  • 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
  • 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
  • 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