There's new energy and enthusiasm in the Greater Lansing Regional area with businesses, events, and opportunity. Most homeowners like the Lansing area because it's a great place to live, work and play. With many projects in the works for future growth, I am optimistic that Central Michigan will begin to see light at the end of the tunnel for the challenging times we have experienced.
The housing market is beginning to bottom out with inventory continuing to shrink, pricing stabilizing, and pending sales beginning to exceed last years numbers. The residential market surplus was 9.2 months of inventory compared to 15.7 months last year at this time as of May 31, 2009. The average sale price is still down 19.2% over last year as of May 31, 2009 to offset the economic conditions and inflated market values of 2001 - 2006. Most real estate economists are beginning to think we have bottomed out. If that's the case, I believe we will see an increase in sales, gradually over the next 24 months. (That's promising)
Greater Lansing has many events, festivals and celebrations going on throughout the tri-county area this summer. Below, I listed three that you may want to mark on your calander to attend. The Greater Lansing Michigan Visitors Bureau has a complete list of all event and will allow you to get additional information.
June 21-27 Red Cedar Jubilee - Williamston
The Red Cedar Jubilee features parades as well as craft shows, a demolition derby, lawn mower races, a duck drop and a food and beverage tent with live music. While in town visit the antiques district.
June 27th 12-6 P.M. Delta Rocks! Family Festival - Delta Township
A free family festival featuring clowns, pony rides, inflatable attractions, games, kids' make-it and take-it crafts, music, live animals, super slingshot, face painting, turtle races, trackless train, concessions and more.
July 6-12 Common Ground Festival - Lansing
The Common Ground Music Festival is an annual celebration featuring an impressive array of headlining musical entertainment for seven nights! Be sure to bring a chair and enjoy the concerts under the stars!
If you're interested in learning more about the greater Lansing area real estate market, would like a more detailed report on market values, neighborhood sales or demographics, feel free to visit my site. Buying or selling a home in the greater Lansing, Michigan real estate market can be complicated without having the proper expertise and guidance throughout the process. Visit http://mikebowler.com for tips that will assist you.
"Expect the Best" Mike
Mike Bowler Sr. ePRO, CRB, GRI, SRES
Coldwell Banker Hubbell Briarwood
1020 S. Creyts Road, Lansing, MI 48917
Phone: 517-492-3400 Fax: 888-832-6203
email: Mike@MikeBowler.com
Website for Clients: MikeBowler.com
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