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  • 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
  • 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
  • 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