Traverse City Michigan Real Estate Sales were strong in March and April of 2009! There was reported in TAAR MLS 150 closed homes. Compared with March and April of 2008 that represents approximately a 7% difference. 161 Homes closed in March/April of 2008. Of those 150 Traverse City Mi Homes that closed this year how many were bank owned or reported as Traverse City foreclosures homes? 49 homes were reported as Traverse City bank owned or foreclosures. That means that 33% of the closed homes were foreclosures in Traverse City. For a direct link to see all broker foreclosures in Traverse City MI click here.
Are we at the bottom? How big is the bottom? Today's real estate market could be likened to reminiscing about your 3d grade bus driver in that no one knows how "big" (his or her) bottom was. However, whereas you don't care to know the anatomy of your 3d grade bus driver, you are hoping to foresee and understand the "anatomy" of this unprecedented market low as it relates to buying a home or helping someone buy a home.
There are indications that the market is reaching it's bottom. This means that home prices may not get any lower. When you consider that interest rates are at a 50 year low, now is unquestionably and unmistakably the time to "get off the fence". Foreclosure pricing has also effected the pricing of homes overall. Now we're seeing non bank owned (regular folks) pricing their homes more competitively and this is causing them to sell (their homes) in higher numbers than for example 6 months ago when they may have "hoped foreclosure home inventories would be decreasing". Although the number of foreclosure homes is not decreasing yet, we are seeing the stabilization of pricing which alludes to a possible bottoming of the market.
The "bottom" line is get your "butt" in gear or you may be kicking yourself in the "rear".
See video below for similar sentiments nationally:
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See all of the Traverse City, MI Real Estate listings, residential, homes, vacant land, waterfront and bank foreclosure properties! All Realtor and MLS listed homes and acreage properties. View ALL MLS Listings!
All Bank Foreclosure Properties. Every MLS Bank Repo, REO properties here, Foreclosures. See all homes in the Traverse City, Michigan area. See all foreclosures before buying bank foreclosure homes, all bank repo homes, All REO homes. Click here for All Bank Foreclosure Homes, Bank Repos, REO Homes
If you are Buying a home or Real Estate in Traverse City, Michigan then consider finding every available residential, waterfront, bank foreclosure, condo, commercial and vacant land right in one place CBGreatLakes.com
What about Selling a home or Real Estate in the Traverse City, MI area? Whether you own residential, waterfront, vacant land, commercial, condo or you might be nearing bank foreclosure we have experienced Traverse City sales associates who can assist you in Selling your property!
All MLS Listings of Traverse City, MI Real Estate are a click away. Property Detailed MLS profile pages of homes for sale in Traverse City, Michigan. 18 photos and virtual tours of Traverse City Real Estate Listings ALL MLS Listings!
Location, Location, Location see the Location of every property via Google mapping. It's all about Google. It's our Marketing Strategy. Whether you're searching for bank foreclosure homes, residential listings, waterfront or vacant properties, our site has ALL MLS listings!
Traverse City Relocation Link Here
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Coldwell Banker Schmidt in top 50 list
FROM STAFF REPORTS
TRAVERSE CITY -- The Coldwell Banker Schmidt Family of Companies was listed among the top 50 real estate brokerages in the U.S. in the 2009 RISMedia Power Broker Survey.
The firm ranked 46th with 6,672 closed sales units in 2008 among more than 600 respondents in the survey. That made it the third-ranked Coldwell Banker affiliate in the country and the largest in the eastern half of the U.S. The company also made the list of the largest 500 brokers in the country as determined by REALTrends 500, an annual research report.
"That we've experienced this kind of growth, and done it outside of the large metro markets in southeast Michigan, is truly humbling," said Ken Schmidt, the firm's chief executive officer.
The firm is a fourth generation, family owned realty company that includes Coldwell Banker Schmidt Realtors in northern Michigan, Coldwell Banker AJS Schmidt in Grand Rapids and Coldwell Banker Woodland Schmidt in the Holland-Muskegon area.''
Rick Mately from our Acme office which services the Grand Traverse area was recently quoted in USA Today. "Rick is one our top producers and a hard working agent finding his niche in Traverse City, Acme and Kalkaska" according to General manager Tom Gray of Coldwell Banker Schmidt Realtors. "They (USA Today) interviewed a true professional that knows current market conditions for the Traverse City real estate market" Gray says. See http://www.cbgreatlakes.com for more Traverse City Mi Real Estate.
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522 E Front St Traverse City, MI 49686
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