jules yates: Why Visit Downtown Traverse City, Michigan
- 01/08/23 03:18 PM
Downtown Traverse City, Michigan is a vibrant and lively area that offers something for everyone. Located on the shores of Grand Traverse Bay, this charming town is home to a variety of shops, restaurants, and activities that are sure to keep you entertained. One of the best things about downtown Traverse City is the abundance of local stores and boutiques. From artisanal jewelry and clothing to handmade crafts and home decor, there's no shortage of unique items to discover. Be sure to check out the Cherry Republic for all your cherry-themed souvenir needs, or the City Opera House for locally made gifts … (2 comments)
jules yates: The Traverse City Real Estate Market - Post Covid-19
- 10/07/20 11:00 AM
For anyone wondering what the real estate market is like post Covid-19, all I can say is it is HOT. Some might say too hot. Since the Governor allowed real estate agent to go back to work, our phones have been ringing off the hook and here is why:
1. Record Low Inventory 2. Record Low Interest Rates 3. The Ability to Work from Home 4. Traverse City is a Place People Flee to not Flee From
Those 4 things have moved many people time lines up from years to in some cases weeks. There was a lot of time during lock down for people to search online and … (0 comments)
jules yates: Buying in a Competitive Market Like Traverse City
- 01/27/20 07:37 PM
You are thinking of buying a home, you shop online and there it is… the perfect home. The listing says I just went on the market so you pick up the phone and call your friendly local real estate company to schedule a showing. Your heart is pounding with excitement as the phone rings. On the other end you hear, “This is REALTOR John, how can I help you?”
You excitedly tell John about the home you just saw last night and then he drops the bomb… “Sorry, but that home is under contract with another buyer”. You think, “How can that be? Is real estate really … (21 comments)
I hope you all are as excited about 2017 as we are. This past year was a record year forour team and 2017 looks to be even better. Why you may ask. We are happy to announce that the Jules Yates Team at Re/Max Bayshore Properties in Traverse City, Michigan has joined forces with Pathway Homes and is now the exclusive REALTOR sales team for Pathway’s existing new homes. In cooperation with Pathway's inside sales team we will be hosting many open houses at the 2 - 2017 model homes. Dates to be announced.
We now offer homes under construction in the … (29 comments)
jules yates: Getting a Deal Without the Risk…
- 07/19/12 06:54 AM
How many times have you said to yourself, “I sure wish I could get a deal like (insert friends name here) just did”. Well, I can tell you that you too can get a deal if you follow these 10 simple tips:
1. Work with just 1 REALTOR – The best thing you can do is choose just 1 agent to work with. Be sure you interview a couple and work with the one that you feel is best suited to help you.
2. Get qualified with a LOCAL Lender! - Do yourself a big favor and speak to … (0 comments)
jules yates: HOW TO AVOID A DEFICENCY JUDGENT WHEN DOING A SHORT SALE IN MICHIGAN
- 04/01/12 07:29 AM
If you are a homeowner in Michigan and you are facing foreclosure, you may want to read this. I speak with Homeowners all the time who are confused about whether t let their home go to sheriff’ sale or try and do a short sale to avoid it. Let me share with you something that I found out recently that may be a game changer for Homeowners.
I was a REALTORÒ luncheon recently and the speaker was a local attorney who represented several large banks in the area. During his seminar he told us that a homeowner could not … (1 comments)
jules yates: Northern Michigan Real Estate in 2012 – What to Expect in the coming year!
- 12/31/11 05:55 AM
All I can say is “Unbelievable! I guess you can take that many ways but it sure sums up the year. From a business perspective we saw a year of uncertainty with a fairly flat market. We definitely saw a lot of buyers out looking for a great deal. We saw a lot of Seller’s coming to grips with the changing market and agreeing to sell at or below the current, fair market value. Here at the tail end of 2011, I have seen a sharp rise in calls on properties that until now had virtually no activity. These past few … (0 comments)
jules yates: Grand Traverse Real Estate Market is Improving – The numbers don’t lie.
- 10/13/11 10:04 AM
It seems like I get calls every week from a potential buyer trying to tell me how they are going to steal a bank owned home. No disrespect to the internet savvy buyer who is led to believe that they can pay pennies on the dollar for bank owned homes. That has NOT BEEN THE case in Northwestern Lower Michigan but things may be changing. The numbers say it all… PERCENTAGE OF BANK SALES - The percentage of bank owned homes sold in the Grand Traverse Region has dropped by 33% in the past 2 years. In September 2009 31% of … (0 comments)
jules yates: Residential Sales are Good in the Traverse City Area While Vacant Land Sales are Flat
- 07/19/10 08:15 AM
Despite what you may hear on the national news or the street, the real estate market in the Traverse City Area is great. Wait... let me clarify. The residential market in the Traverse City Area is great. With record low interest rates and flexible sellers, you will never find a better time to buy a home in this area. While you may have to take a bit of a hit on your price, you'll find that you can generally make up for any loss on the next home you buy. Think of it as "Trading Equity". The vacant market is a whole … (0 comments)
jules yates: Why it's a Great Time to Build a Home
- 02/28/10 11:23 AM
If you have ever wanted to buy vacant land in the Grand Traverse Region you could not pick a better time than right now. With banks tightening up lending guidelines for new construction over the past year, few builders willing or able to secure financing for spec homes and few buyers willing to invest in vacant land during a period of decreasing home prices vacant land prices basically went stagnant. I say stagnant rather than declining simply for the fact that without many sales, prices can not fall. Unlike the stock market where at the push of a button you can … (1 comments)
jules yates: Don't procrastinate if you intend on taking advantage of the Buyers Tax Credit
- 02/28/10 11:05 AM
If you or someone you know is thinking of taking advantage of the Federal House Tax Credit do not forget about the April 30th deadline to have a home under contract and close by June 30th. If you should find yourself running out of time, you might consider putting in offers on multiple properties and stating that the offer will become void if the offer is not accepted in writing by the purchaser prior to entering into an agreement on another property. This can have a 2 fold affect. First it may just push an otherwise reluctant Seller into accepting your … (0 comments)
jules yates: If You are considering waiting until Spring to list your Home...Don't. List it Today!
- 02/04/10 05:49 AM
If you thought about waiting to list your home to fix up a few things, paint or get new carpets, etc., don't bother. Why? Many buyers are coming out of the woodwork to take advantage of the $8,000 tax credit (Visit www.FederalHousingTaxCredit.com for details). To a buyer your home may be worth $8,000 more (to them) today than it will be, come May 1, 2010 (the deadline for entering into a Purchase Agreement). Many buyers are much more willing to overlook minor issues with your home simply do to their ability to use their future tax money for any needed repairs. … (0 comments)
jules yates: FORECLOSURE QUESTIONS - Don't wait until it is too late... seek help immediately
- 01/18/10 11:05 AM
I received a call this evening from a woman who unfortunately had lost her home to foreclosure over a year ago. She was referred to me and emailed me to ask if there was any way she could put in an offer to buy her home back. She said her daughter was willing to buy the home and rent it back to her. This particular home had already gone to sheriff's sale and was a bank owned property. I did a little research and discovered that the home was in fact under contract and the inspections were scheduled for the next … (1 comments)
jules yates: 10 TIME SAVING TIPS / WEBSITES FOR REAL ESTATE PROFESSIONALS - Best of all they are almost all FREE
- 10/14/09 10:02 AM
Visit these sites for mostly free online services to save you a lot of time and make you look more professional. 1. ONLINE PHOTO STORAGE (Free) - Posting Online Photos that are too large to email. Upload to Picassa and email the link. http://picasa.google.com 2. VISUAL VOICEMAIL (Free) - If you want a custom greeting for each and every contact try try YouMail (www.YouMail.com). Yes there is an app for that on the iphone. 3. GET THEIR VOICEMAIL (Free) - If you want to get someone's voicemail without ringing their phone (as we all want to do occasionally) try SlyDial (www.SlyDial.com) … (2 comments)
jules yates: Hunting For Foreclosures??? Keep this in Mind if the property is located in a cold climate
- 10/13/09 12:26 PM
As temperatures drop in the area it reminds me of shopping for foreclosures homes last winter with buyers. We would see these bright orange and green stickers in the kitchen and bathroom stating the home had been winterized. Often times it was done in late fall or occasionally in the middle of winter. Either way keep one thing in mind... always assume the pipes are frozen. As I discussed with a buyer this evening, rarely is a home winterized immediately after the heat is turned off. Generally it is 30-60 days after a bank takes back a home in foreclosure … (2 comments)
jules yates: Great News For Michigan Real Estate Markets - Lansing, Grand Rapids and Saginaw in top 10 markets in the US.
- 10/13/09 12:09 PM
Finally...here is some great news for the Michigan Real Estate market. 3 cities in Michigan were ranked in the top 10 in the nation for House Hunting. You can get your best bang for the buck in these cities according to the Today Show. The criteria were cities where home prices have dropped the most but now are shooting up with record prices. #1 Sarasota FL - $175,800 median home price#2 San Francisco, CA - $472,900 median home price #3 Lansing, MI - $81,300 median home price #4 Marietta, GA - $121,400 median home price#5 Grand Rapids, MI - $85,000 … (1 comments)
jules yates: TIP for those of you using Power Point for Listing Presentations
- 10/11/09 02:38 PM
I'll spare you and get right to the tip - Create an additional user (Call it Buyer Presentation, Seller Presentation, etc). Why go to the trouble? I'll tell you. I had the pleasure of attending the Michigan Association of Realtors Conference here in my home town of Traverse City last week and during a Short Sale seminar I got a great idea. The speaker, Will Weaver, said it was a great idea to open your computer prior to entering a home and get your presentation ready so you don't have to fumble for it at the kitchen table. This will work on … (2 comments)
jules yates: Fall Colors Still Not at Peak in the Grand Traverse Region
- 10/11/09 01:10 PM
This has been by far the strangest summer and fall I can recall since moving to Northern Michigan in 2001. This summer was cooler than normal but mainly dry which was a good thing in my mind. September was wonderfully summer and warm and here we are in October and it has been less than pleasant. I took a drive this afternoon out to Bellaire, Michigan and as I was driving through the rolling hills of Antrim County I was surprised to see so many green leaves. Sure we had the occasional bright red or yellow maple tree along side … (2 comments)
This Blog contains a wealth of information about general real estate, my listings, short sales and even a few helpful tips. With over 20 years in the business I feel I can offer anyone some good advice.
;)
;)
;)
