The Northern Michigan Real Estate market continues to thrive. Sellers are now starting to see it as profitable to sell. Our industry has been steadily gaining over the previous 18 months. I believe we will start to see appraisals short fall, in order to recoup the spike in home values since Jan. 2016 the last thing our market needs is another balloon and market crash. We all need to be diligent in giving market analysis and determining home values. It starts with tightening your comparable sales to within a 3 to 6 month trend, instead of 12 month. If our industry works together, we can continue to list, sell and close deals without a hitch. Making dreams of home ownership come true :)
Our kids are just about through the school year and then the summer time fun begins!! I would encourage a visit to the beautiful Traverse City Mi area for those of you who have never been up here. So many fun summer, family activities to partake in. Notably the upcoming "National Cherry Festival" Please see the link for a full list of activities.
Also as usual any buyers or sellers with market questions, please give me a call. I would be happy to assist you! Have a blessed day all!