September proved to show a long anticipated increase in real estate activity in Northwest Michigan. Buyer activity has been trending upward after a lackluster summer season, and we're driving into the fall with a lot of offers being written and properties being put under contract.
The number of residential sales for September we up 31% over 2008- actually they were the best they've been in the past ...
I handle REO (foreclosure) listings for several banks, including Bank of America and local banks, and the number of new listings incoming have dropped off dramatically recently. In conversation with others who handle these properties, and with local banks, this dip was often echoed. It's likely that a foreclosure moratorium in place over the winter has delayed some properties coming ...
The passing of the $4500 "Cash for Clunkers" tax credit out of the House got me thinking. First, let's not fool ourselves into thinking that this is serious efficiency legislation- yes, it puts an incentive on deciding upon a fuel efficient vehicle, and that's certainly more palatable than forcing higher efficiencies and limiting consumer choice. But this is about getting auto sales moving more than ...
Rick Matley 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 ...
Coldwell Banker Schmidt REALTORS and I got a nice little plug on the 11:00 news last night. TV 7&4 (NBC) contacted me yesterday afternoon about buyer activity and the market. The reporter, Courtney Rehmer, was looking for a local tie in to the NAR figures for September. I spent a solid half hour with her at one of my listings in Beulah.
I'm very proud to have bumped politics and Barack Obama's ...
It's a challenge to get a grasp on what's going on between Washington and New York, and how it is affecting our markets. Still more difficult is the task of predicting and tracking what works. I came across three articles on Inman News today that made it to my del.icio.us list because they improved my understanding of the current situation.
First this article on the Fannie-Freddie ...