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traverse city real estate: Very Satisfied Seller - 05/31/12 04:49 PM
I was extremely proud and happy to recieve this email from my sellers today....listed and sold their home in 4 days!
Thank you again for everything you have done on the sale of our house.From our first informational meeting before the listing to the closing you were very impressive. Your knowledge about the market, the extensive market analysis and your communication with all of us made it very smooth. You made everything so easy.We have bought and sold homes and dealt with several personalities and real estate agents and it had never gone so smooth and quickly.I really can't say … (2 comments)
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traverse city real estate: Traverse City area home sales on the rebound - 05/23/12 08:00 PM
Local home sales on the rebound By Bill O'Brien-Traverse City Record-Eagle Posted: 05/23/2012 7:14 AM Existing home sales continued to surge in the 5-county area, and sale prices also are starting to rebound.April home sales totaled 206 across Grand Traverse, Leelanau, Benzie, Antrim and Kalkaska counties, according to data from the Traverse Area Association of Realtors. That's a 14 percent increase from March totals and up 31 percent from April 2011.The value of those transactions totaled more than $38.3 million, with nearly $21 million of that from Grand Traverse County. Leelanau totaled just over $5.2 million, while Benzie and Antrim … (0 comments)
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traverse city real estate: New Michigan Principal Residence Exemption Law Passed - 05/02/12 12:45 PM
Yesterday, Governor Snyder signed into law the revised Principal Residence Exemption statute. The revised statute changes the filing deadline for the Principal Residence Exemption Affidavit from May 1 to June 1 and adds a new second filing date of November 1.
The law will also allow lenders who foreclose on property to retain the principal residence exemption on the property, although a new tax is imposed on the lenders to offset the exemption. However, retaining the principal residence exemption will help subsequent owner-occupied buyers to immediately pay the lower homestead rate.
For taxes levied after December 31, 2011, … (0 comments)
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traverse city real estate: Grand Traverse Homes Sales for March - Highest in 6 Years! - 04/20/12 08:06 AM
April 20, 2012 Grand Traverse home sales up in March TAAR reports highest March figures in at least six years By Bill O'Brienbobrien@record-eagle.comThe Record EagleFri Apr 20, 2012, 07:18 AM EDT
TRAVERSE CITY — Mother Nature helped boost home sales in the Grand Traverse region.She didn't close any deals, but March's unseasonably warm weather bolstered existing home sales in the five-county region by almost 28 percent compared to February. The 180 homes sold in Grand Traverse, Leelanau, Benzie, Antrim and Kalkaska counties represented the best March numbers in at least six years, and bettered last year's total by more than 10 … (0 comments)
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traverse city real estate: Investment and Vacation Home Sales Surge in 2011 - 04/16/12 10:00 AM
WASHINGTON (March 29, 2012) – Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®.
NAR’s 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2011, shows investment-home sales surged an extraordinary 64.5 percent to 1.23 million last year from 749,000 in 2010. Vacation-home sales rose 7.0 percent to 502,000 in 2011 from 469,000 in 2010. Owner-occupied purchases fell 15.5 percent to 2.78 million.
Vacation-home sales accounted for 11 percent of all transactions last year, up from 10 percent … (0 comments)
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traverse city real estate: 2011-12 Cost vs. Value: Big-Bang Remodeling Projects - 03/30/12 12:26 PM
Find out which remodeling projects will provide the biggest bang for your buck this year, according to Remodeling magazine. <!-- /.deck --> <!--|--> March 2012 | By Erica Christoffer <!-- /.section-date-author --> <!--<pre></pre>--> <!-- troubleshooting--> <!-- /.main-image-desc --> <!-- /.main-image --> <!--paging_filter--> Optimizing the use of space in a home will not only attract buyers but also give sellers more bang for their buck, according to Remodeling’s “2011–12 Cost vs. Value Report,” conducted in cooperation with REALTOR® Magazine and NAR’s HouseLogic.com.
An attic bedroom addition costing $50,148 was expected to recoup 72.5 percent of the cost nationally—inching up 0.3 percent … (0 comments)
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traverse city real estate: Grand Traverse Regional Home Sales jump in February - 03/22/12 12:04 PM
March 22, 2012
Regional home sales jump in February 141 existing homes were sold last month in five-county area By Bill O'Brienbobrien@record-eagle.comThe Record EagleThu Mar 22, 2012, 07:14 AM EDT
TRAVERSE CITY — Local home sales continued a fast start in 2012, and jumped more than 16 percent in February.Sales figures from the Traverse Area Association of Realtors showed 141 existing homes sold in the 5-county area last month. That's up from 121 homes sold in January, and represents a 9.3 percent increase from February 2011.TAAR executive vice president Kim Pontius said several factors appear to be at work in the … (0 comments)
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traverse city real estate: Housing Market Reaches Turning Point, Economists Say - 03/20/12 12:10 PM
Daily Real Estate News | Tuesday, March 20, 2012 <!-- /.section-date-author --> <!--<pre><?/*php print_r($node);*/?></pre>--> <!--paging_filter--> Economists say the housing market is starting to heal, but too many people aren't aware of it because they're judging a housing recovery on the wrong sign: What’s happening with home prices.
Paul Dales at Capital Economics says higher prices won’t be the sign that the housing market is on the mend — that can be a lagging indicator — but rather an increase in overall home sales. And that's showing signs of improvement: Existing home sales in 2011 rose to 4.26 million compared to 4.19 … (0 comments)
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traverse city real estate: Another Happy customer! - 02/25/12 08:37 AM
Dear John,Thank you for all of your help in finding this great house! Now I have the not-so-fun project of unpacking. I absolutely love this house, and appreciate all of the feedback you presented during the search that really helped me settle on the perfect home. Being a new resident of Traverse City, I was unfamiliar with the different regions of Grand Traverse County. I really appreciate the input you gave me in helping me to make the best decision for me. I also wanted to let you know that all of the references you gave me were super! Everything from … (1 comments)
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traverse city real estate: Your Credit Score: What makes it up & common mistakes - 02/25/12 08:21 AM
Buyer, Sellers, and any person out there.....Please read the attached article regarding your credit score. The article explains what components make up your credit score, FICO breakdown %'s, common credit mistakes as well as credit repair soultions.
As always if you are considering buying / selling Traverse City are real estate please contact Jon Becker - Century 21 Northland anytime!
See attached article here:
http://www.c21jb.com/blogs/jon_becker/archive/2012/02/24/1255499.aspx
… (2 comments)
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traverse city real estate: Is Rent-To-Own a good option for You? - 02/25/12 08:18 AM
Buyers: If you are considering pursueing a home purchase on a lease with option to buy please read the attached article. Great information to consider! In the Traverse City real estate area we do not see many of these available but they are occassionaly possibilities for the right purchaser and seller. If you are considering a lease option or just a regular Traverse City area real estate purchase please contact Jon Becker- Century 21 Northland anytime!
Sellers: Your home not selling fast enough? Have you already relocated to another home and the home you are selling is vacant? The attached … (0 comments)
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traverse city real estate: Mortgage Rates Hit New Lows Again - 02/03/12 03:02 PM
Daily Real Estate News | Friday, February 03, 2012 <!-- /.section-date-author --> <!--<pre><?/*php print_r($node);*/?></pre>--> <!--paging_filter--> Mortgage rates once again inched lower this week, lowering the cost of borrowing and increasing housing affordability.
"Most mortgage rates eased to all-time record lows this week as fourth quarter growth in the economy fell short of market projections,” Frank Nothaft, Freddie Mac’s chief economist, said in a statement.
Here’s a closer look at rates for the week ending Feb. 2:
30-year fixed-rate mortgages: averaged a new record low of 3.87 percent, with an average 0.8 point, dropping from last week’s 3.98 percent average. A year … (1 comments)
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traverse city real estate: 2011 Traverse City Real Estate Statistics - 01/24/12 02:47 PM
2011 Traverse City Real Estate Statistics Despite the gloom and doom we all hear daily from the news media Traverse City area real estate is moving in a positive direction. A year to year comparison from 2010 to 2011 shows that our local area ( mostly Grand Traverse, Leelanau, Benzie, Antrim, Kalkaska counties) is showing increases in average sales price with less inventory on the market than 1 year ago (2010 - 11,323 listings taken, 2011-9731 listings taken) and less listings expiring (2010- 44.72% all , 36.06% single family 2011 42.18% all, 34.23% single family), meaning a larger % of homes … (0 comments)
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traverse city real estate: December Existing-Home Sales Show Uptrend - 01/20/12 03:02 PM
Daily Real Estate News | Friday, January 20, 2012 --> Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above where they were a year ago, according to the National Association of REALTORS®.
The latest monthly data shows total existing-home salesrose 5.0 percent to a seasonally adjusted annual rate of 4.61 million in December from a downwardly revised 4.39 million in November, and are 3.6 percent higher than the 4.45 million-unit level in December 2010. The estimates are based on completed transactions from multiple listing services that include single-family homes, townhomes, condominiums and co-ops.
… (1 comments)
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traverse city real estate: Traverse City area Rentals now available - 01/04/12 03:14 PM
Starting January 2012 the Traverse Area Association of Realtors will now be offering residential rentals to be posted listed/ posted through our local MLS ( multiple listing service) just homes for sale are. If you are looking for a residential rental in the Traverse City area or possible a lease w/ option to purchase please contact Jon Becker - Century 21 Northland to assist you. Jon will have access to all listed rentals in the area.
Also if you have a home that you would like to list for rent and want Jon to assist you in finding a renter he … (0 comments)
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traverse city real estate: What Had the Biggest Impact on Housing in 2011? - 01/02/12 10:47 AM
Daily Real Estate News | Friday, December 30, 2011 --> The “government, the mortgage industry, and forces of nature all shook the housing market in 2011,” according to a recent Time magazine article, which highlights the key issues that had the greatest impact on the real estate market this year--and what’s expected to have a major impact in the new year as well.
Here are a few of the issues that the Time magazine article by Jed Kolko, Trulia’s chief economist, notes as having some of the greatest impact:
1. The robo-signing scandal
The issue: Banks were accused of approving … (0 comments)
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traverse city real estate: Client Success Stories - 12/16/11 04:48 PM
Our almost new log cabin on Lake Superior was up for sale for 3 years. We were relying on the local Realtors to market it for us. We hardly had any showings by them. This past year we decided to try another agency in the area and they did not even show it once!! We were so frustrated because we knew what a beautiful place it was, in a quiet serene area and knew with the right agent it would probably sell. I had been watching Jon Becker's performance with his agency on facebook and voiced my frustration to him, telling … (1 comments)
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traverse city real estate: Watch Wording on Insurance Policies, Study Says - 12/12/11 03:41 PM
Daily Real Estate News | Monday, December 12, 2011 --> Homeowner insurance policies can vary greatly, and if home owners aren’t careful, they may find their claims denied when disaster strikes, according to a study to be published early next year by the University of Chicago Law Review.
While home insurers once used standard policy forms by the Insurance Services Office, now some are coming up with their own policies and a few tweaks in the wording can mean trouble for some home owners, according to the study. Home owners should read the fine-print and carefully review their policies to … (3 comments)
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traverse city real estate: Michigan Supreme Court Overturns Appeals Court in MERS Foreclosure Case - 12/05/11 12:15 PM
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traverse city real estate: October Existing-Home Sales Rise - 11/22/11 11:32 AM
Daily Real Estate News | Monday, November 21, 2011 --> Existing-home sales improved in October while the number of homes on the market continued to decline, according to the National Association of REALTORS®.
Total existing-home sales — completed transactions that include single-family, townhomes, condominiums and co-ops — rose 1.4 percent to a seasonally adjusted annual rate of 4.97 million in October from a downwardly revised 4.90 million in September, and are 13.5 percent above the 4.38 million unit level in October 2010.
Room for Improvement Lawrence Yun, NAR chief economist, said the market has been fairly steady but at a … (2 comments)
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Jon Becker
Traverse City,
MI
More about me…
Century 21 Northland
Address: 241 E. State St., Traverse City, Mi, 49684
Office Phone: (231) 929-7900
Cell Phone: (231) 342-5401
Email Me
Keep yourself informed on Northern Michigan Real Estate information including listings for sale, price changes, listings sold, area community information, real estate related laws/ taxes as well as financing information and real estate buying & selling tips & information. For more complete information and to search ALL area listings, photos / slide shows & listing brochures please visit www.c21jb.com
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