Summer/Fall 2014 - Downtown Traverse City real estate was hot all summer long. The average length of time for homes on the market in the $150,000 - $350,000 price range is not very long. I was working with a recent buyer for several months to find the perfect home - finally the one featured in the photo came on the market. We went to see the house on the first day it was listed and wrote the sales contract that day!
If you are looking for a downtown home or condo, I would be happy to work with you - it takes patience, persistence, dedication - and the ability to act quickly when you find the home you love.
July 2014 - The CEO of Coldwell Banker Schmidt, Ken Schmidt, just attended an international Coldwell Banker real estate meeting in Germany. He reported to local news that Traverse City and the Grand Traverse Region are very intriguing to international real estate investors for two primary reasons - the natural beauty and the relative price point.
Hamptons of Michigan - The Third Coast
Bloomberg News Report 2012
Visitors from the West Coast and East Coast are helping increase demand for vacation homes in the Traverse City region. Buyers from outside of Michigan are taking advantage of the area's relative affordability. $1 Million for waterfront property is a real bargain for Californians or New Yorkers looking for vacation or retirement homes.
Forbes Magazine - 10 Good Reasons to Visit Traverse City and the surrounding areas.
Some of the reasons include:
- Grand Traverse Bay for swimming and boating
- Wineries - Leelanau and Old Mission Peninsula
- Mario Batali's endorsement as a Foodie Destination
- Cherry Capital Airport - ease of access including direct flights from NYC
- Traverse City Film Festival
- Sleeping Bear Dunes National Lakeshore