Winter Wonderland in Northern Michigan is the Best!
Real Estate Market Update: Current conditions at the beginning of 2018: Still basically a Seller's Market with lower home inventory levels. Mike forecasted general appreciation levels of 8 to 9% for each year 2015 through 2017 and those figures were quite accurate. We HAVE gained everything back (and then some) that was "lost" during the housing recession that started in late 2006 to about 2011. We should see overall levels about the same for 2018 due to supply and demand forces. I predict a slight bubble or plateau in values coming in about 2 years. Commercial Real Estate has also experiencing a strong comeback. Vacant land values are moving upward and sales remain steady. New single family home and condo starts also remain strong. This is a growing and popular area!
Other trends: Increased interest in Agricultural and Recreational property as well as increased logging activity. Waterfront values are generally outpacing "average" property values due to limited supply and much better economic conditions. Mortgage interest rates have gone up slightly and should continue to rise.
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TCarea.com, LLC is an independent, locally owned company dedicated to the business of Real Estate and maintaining good relationships with the public and our clients. We are long-time members of the Traverse Area Association of Realtors (TAAR). Our goal and commitment has always been to look out for the best interests of our clients. Contact us anytime with your Real Estate wants, needs and challenges and we will use all of our resources to help you. Need advice or have a question involving anything related to Real Estate? Just call or email me (Mike) anytime - I will always take the time to help.
Looking for an investment? Ask Mike how earning well over 11% on your money is both realistic and simple.
Welcome to TCarea.com, the Website network source for everything involving Real Estate in Northern Michigan. If you saw a property or ad with our Website on it, just scroll through the listings below and the home or land that you are interested in will be there within the first 3 pages. The listings are in alphabetical order sorted under the "Neighborhood" column with our own listings placed first. The "Neighborhood" of a listing usually refers to the Township that it is located within, though sometimes it may refer to the city, village or county. The "Location" column refers to either the postal mailing address or MLS location of a property.
Please keep in mind that the home or land details presented on our site are just some of the listings currently available. If you have a specific location or preference in mind, we would be happy to customize a full MLS search for you. For additional info or a personal tour of any of these properties, please contact Realtor Mike via the tab on this Website or call me anytime at 231-570-1111. Thanks Much.