Traverse City Real Estate News

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Real Estate Broker/Owner - Cherry Wings Realty - 6502373398



    So, what is a Cash Mob you ask?  Well, a Cash Mob is a group of people who assemble at a local business and all buy items from that business.  The purpose of these mobs is to support both the local businesses and the overall community.  There is a group of people living in Cleveland, led by a...
In todays environment of record low interest rates and prices hitting market bottoms, there is no better time to purchase a home than right now.  Most renters can get into a home for less than what they are paying currently for rent.  The Traverse City real estate market is no different.  If you ...
Principal residence exemption for property tax has always been a challenge for home buyers.  Having two times in the year when a buyer can claim a purchase as their principal residence is a great benefit for our housing industry.   Today, the Michigan Senate voted 38-0 in support of legislation p...
      Weekly Market Statistics          03/19/2012 thru 03/26/2012 This report is compliments of Bob Reamer, Certified General Appraiser        200  New Listings 70   Sold Listings   Sales By Classification 56 Residential $1,500 to $745,000 Median $148,750 Mean $182,347 7   Vacant Land $10,000 to...
  FHA Announces Several Underwriting Changes If you are thinking about purchasing a home, you will need to know a few of the new changes that FHA has in place, starting April 1, 2012. There are many types of home loan programs out thre, be sure to consult with your lender to see which product fit...
  10 Questions You Must Ask Before Purchasing A Condominium Unit To borrow from a famous phrase, not all condominiums are created equally. Some condominiums are very well run; some are quite poorly run and underfunded. Buyers interested in purchasing a condominium unit must do their homework:  no...
If you are thinking of selling your home, the information contained in the document below is well worth the read. In our ever changing market these days, a sellers needs every advantage they can get to make sure their home gives the best first impression. You can learn some great tips on how to m...
Below is the next guide in my "Smart Series". Investing can be a wonderful way to utilize your current 401K to purchase real estate without experiencing and tax penalty. If you are looking to invest in real estate, you should take a look at this guide. There are some very helpful tips. Please fee...
In today's real estate environment, sellers need every advantage to make their house more desirable to buyers. The guide below will walk you through some steps on how to get in the mindset of selling your home and how to prepare your home for sale. Remember, buyers are not buying what you made in...
If you are looking to purchase a home and have questions, please take a look at our Smart Buyers Guide, it will assist your with those questions as well as the entire home buying process.

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