Weekly Market Update - July 18, 2011 - 07/18/11 08:21 AM
Welcome to Monday morning, your opportunity to start a new week. Market activity was steady last week on rising inventory for off water homes. The market remains somewhat tentative on signs of pent up demand. While it seems there is a significant portion of the market that would like to jump in, they're just not sure. They need a little positive reinforcement. Food for thought, on a $200,000 mortgage amortized over 30 years, if the owner lived in the house for 7 years they would save $22,578 in those 7 years by executing a purchase today with a 6% mortgage rather … (1 comments)

 
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Christine Stalsonburg Your Traverse City Michigan Realtor

Helping Our Heroes One Home At A Time

Traverse City, MI

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Cherry Wings Realty

Address: 4224 N. Three Mile Rd., Traverse City, MI, 49686

Office Phone: (231) 409-4140

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We will bring you up to date information on Traverse City, MI real estate market as well as activities in the area. Current market conditions are very important when making a real estate decision. I keep current daily on any changes in our market, both on and off water.


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