Fred Schmidt Jr.

Sales Associate Broker

Traverse City-402

402 E Front St

Traverse City, MI49686

Main: 231-922-2350 Direct: 231-995-8150
Cell: 231-883-7355 Fax: 231-947-0298
Toll Free: 888-778-9956
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Traverse City Real Estate Sales Stay Steady!!!

It's all good.  The number of residential units sold in Traverse City seems to be stable over the last three months.  According the Traverse City MLS stats (via TAAR MLS),  there has only been a slight decline in units each month of March, April and May.  See graph below for details: The raw stats are as follows:  March of 2008 there were 70 residential sales ...

"Stay away from foreclosures???" What the?

Stay away from foreclosures! Did I hear you right?  Stay away from foreclosures?  Are you on drugs?  Yes, but that's beside the point. I was talking to a first time home buyer in Traverse City recently that made a conscience effort to avoid buying a bank owned property.  Why?  He simply said "I got tired of being 3d in line and out bid by other buyers."   It's true.  ...

Video: Buying a home. How to time the market?

There are a lot of people who are taking advantage of the 1) Lowest interest rates in 50 years, 2) Lowest pricing on homes in many years, 3) The widest selecting of inventory in many years for nearly every market and 4)$8000 tax credit for first time home buyers.  Take a look at this video for further reasons not to put off that purchase of a home:       Traverse ...

Traverse City Mi Real Estate March & April 2009 Sold Report Comparison

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 ...

Traverse City Mi Real Estate Update May 2009.

Affordable housing in Traverse City has never been better.  There are 137 homes tagged as Traverse City foreclosure or bank owned  in Grand Traverse County as on April 30 2009.  43 of these 137 Traverse City homes for sale are $150,000 + in value.  10 of these Traverse City foreclosure Homes are between $300,000 and $825,000.  So the message is "they are not all dives".  ...

Foreclosure Home Buyers....Don't miss the "bottom" of this market!!!

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 ...

Traverse City Mi Real Estate What are the chances you will get audited by the IRS???

Traverse City Mi real estate blog.  www.cbgreatlakes.com is the best site to find Traverse City real estate.  Traverse City waterfront homes, Traverse City foreclosures, Traverse City homes for sale.  All MLS listings are right here in one place.  Traverse City Michigan real estate for sale with google maps.  

What Traverse City Mi Real Estate is locally and the latest on foreclosures nationally

Visit msnbc.com for Breaking News, World News, and News about the Economy    Traverse City area Foreclosures are still the "wave to ride" if you're a first time home buyer or real estate investor. Foreclosures at all time high + Interest rates at 50 year low = fabulous time to buy!    See all of the  Traverse City, MI Real Estate ...
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