traverse city real estate: $10M Development Proposed For Eighth Street
- 04/24/17 12:19 PM
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traverse city real estate: Study: Small Homes Appreciate Faster
- 02/14/17 09:26 AM
Daily Real Estate News | Monday, February 13, 2017
Bigger isn’t necessarily better when it comes to appreciation. In fact, a new study shows that smaller homes likely will offer a bigger percentage return on a home shopper’s investment.
Read more: New Single-Family Homes Are Getting Smaller
A new study conducted by NerdWallet culled three years of listing data from realtor.com® of the 20 of the largest U.S. metro areas and shows that smaller homes, in general, appreciate at a faster rate than larger homes.
Markets can vary greatly, however. In 17 of the 20 metro areas analyzed, listing prices of the … (1 comments)
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traverse city real estate: Traverse City New Business
- 11/22/16 12:49 AM
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traverse city real estate: Dick's Sporting Good on Hold - Traverse City
- 10/07/16 02:44 AM
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traverse city real estate: Hotel, Retail, Housing Could Follow Costco - Traverse City
- 10/07/16 02:41 AM
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traverse city real estate: How to Avoid Identity Theft When Moving
- 07/18/16 02:21 AM
Daily Real Estate News | Monday, July 18, 2016
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The moving process can make your clients more vulnerable to identity theft and other forms of fraud, since often personal financial information isn’t adequately protected. As if moving wasn’t stressful enough on its own, it can take nearly six months for a person to recover from identity theft during a move.
Read more: Take Control of ID Theft
People can do a few things to protect themselves from identity theft during a move, says writer Adam Levine, author of “Swiped: How to Protect Yourself in a World Full of Scammers, … (2 comments)
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traverse city real estate: Will Traverse City Build Boardman Lake Avenue?
- 06/08/16 01:42 AM
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traverse city real estate: Downtown Traverse City Development / Businesses on the Move
- 02/18/16 04:39 AM
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traverse city real estate: 7 Reasons to own a Home
- 01/20/16 01:10 AM
Tax benefits. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, and some of the costs involved in buying a home.
Appreciation. Historically, real estate has had a long-term, stable growth in value. In fact, median single-family existing-home sale prices have increased on average 5.2 percent each year from 1972 through 2014, according to the National Association of REALTORS®. The recent housing crisis has caused some to question the long-term value of real estate, but even in the most recent 10 years, which included quite a few very bad years for housing, values are … (0 comments)
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traverse city real estate: New Resort, Planet Fitness Coming To Traverse City
- 01/05/16 04:23 AM
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traverse city real estate: 10 Blockbuster Housing Sales of 2015
- 12/22/15 03:08 AM
Daily Real Estate News | Tuesday, December 22, 2015
The 10 priciest home sales this year add up to a whopping $445 million in transactions.
Reatlor.com® recently added up the most expensive on-MLS sales of 2015. Most of the sales were in California, Florida, and New York.
Here are the top 10 MLS-listed sales of this year:
1. 2215 Collins Ave. #B, Miami Beach, Fla.
Sold for: $60,000,000 in September 2015
2. 25 Columbus Circle, Penthouse 7, New York
Sold for: $50,917,500 in July 2015
3. 1210 Benedict Canyon Dr., Beverly Hills, Calif.
Sold for: $47,851,500 in August 2015
4. 440 Golden … (0 comments)
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traverse city real estate: 4 Surprising, Practical Reasons For Your Home’s Gorgeous Architecture
- 12/01/15 02:16 AM
By: Jamie Wiebe Design with function in mind. These old-world features weren’t created just for their good looks. Each was designed with a specific purpose In high-traffic spaces like this mudroom, wainscoting protects the walls from dings and dents. Image: © 2014 Greg Perko
You see them on the most beautiful houses in the neighborhood — they’re romantic, fun, and add unmistakable character to a home. But while classic architectural details like dormers and bay windows look fantastic, they also add real value and functionality you might never have imagined.
1. Wainscoting
Image: Elissa Toews
Wainscoting bestows textured detail and rich visual … (3 comments)
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traverse city real estate: CENTURY 21 Northland Ranks Among Top 1,000 U.S. Real Estate Firms
- 09/11/15 07:51 AM
CENTURY 21 Northland Ranks Among Top 1,000 U.S. Real Estate Firms Posted on September 9, 2015 by Century 21 Northland Century 21 Northland partners Jason Kudary, Julia Lilley, and Brad Platt
CENTURY 21 Northland, headquartered in Traverse City, Michigan, recently announced its inclusion in the Top 1,000 of RISMedia’s 27th Annual Power Broker Report, a national ranking of real estate brokerage firms. Owned and operated locally by partners Brad Platt, Jason Kudary, and Julia Lilley, CENTURY 21 Northland reported 949 closed residential transactions in 2014, and a total sales volume of $206,864,662.
“Century 21 Northland is proud to receive this prestigious … (1 comments)
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traverse city real estate: Heat Wave Sweeps Through Housing Market
- 07/01/15 02:55 AM
Daily Real Estate News | Tuesday, June 30, 2015
Read more: 10 Housing Markets Fueled by Job Growth
The housing market is getting hotter this summer, according to a preliminary analysis of June data from realtor.com®.
The median list price nationwide in June rose 7 percent year-over-year, reaching $233,000. The median days on the market is 66 days, also down 7 percent year-over-year. Also, inventories are growing faster -- 4 percent higher in June over May, but still down over last year.
"Our early read of real estate trends in June suggests good news ahead for the U.S. residential real estate … (1 comments)
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traverse city real estate: Economists Pinpoint Housing Inventory Shortage Causes
- 07/01/15 02:52 AM
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 Going Away
Homes listed for resale in May were at a 5.1-month supply at the current sales pace. Most economists consider a supply of six to seven months supply to be balanced and healthy for the market.
Economists at the National Association of Real Estate Editors' annual conference pointed to several … (2 comments)
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traverse city real estate: Why Buyers May Find Mortgages Easier to Get
- 02/23/15 05:40 AM
Daily Real Estate News | Monday, February 23, 2015
Good news for potential home shoppers: A Mortgage Bankers Association index shows lender requirements regarding credit scores, down payments, and other key terms are finally loosening up. Some lenders are even expanding the types of mortgages they offer. These moves come after years of lenders tightening loan requirements in the aftermath of the housing crisis.
The Opening of the Credit Box
Smaller Down Payments Lure More Buyers
3% Down Payments May Be Game Changer
The newly-released MBA index shows that recent improvements in lending are mostly tied to the government’s efforts … (1 comments)
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traverse city real estate: Mortgage Rates Remain Near 2013 Lows
- 02/16/15 12:25 AM
Daily Real Estate News | Friday, February 13, 2015 --> Average fixed-rate mortgages are holding near historical lows, but did inch higher this week amid a stronger employment report, Freddie Mac reports in its weekly mortgage market survey.
The economy added 257,000 new jobs in January, following additional increases in December (329,000) and November (423,000).
Despite this week’s uptick in rates, fixed-rate mortgages remain near lows from May 23, 2013, Freddie Mac reports.
Freddie Mac reports the following national averages with mortgage rates for the week ending Feb. 12:
30-year fixed-rate mortgages: averaged 3.69 percent, with an average 0.6 point … (1 comments)
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traverse city real estate: Kingsley, Benzie, Frankfort Named Academic Champs
- 02/04/15 02:45 AM
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traverse city real estate: New cruise ship set to sail the Great Lakes this summer
- 02/02/15 03:07 AM
New cruise ship set to sail the Great Lakes this summer By Samantha EdwardsSamantha Edwards
Photo by Great Lakes Cruise Company
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This summer, a new vessel will be sailing the Great Lakes waters.
A luxury cruise ship named the Saint Laurent will embark this July from Montreal to Chicago, hitting up several cottage country destinations along the way. Visiting all five of the Great Lakes, the Saint Laurent cruise is an ideal trip for limnology experts, locks enthusiasts, and lovers of Canadian history. Specially designed to … (1 comments)
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traverse city real estate: TCAPS (Traverse City Public Schools) Leaning Toward 2017 Bond?
- 01/26/15 04:21 AM
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