Traverse City, Michigan Realtors Forecast Hot Summer Market

There’s been a lot of buzz about the national real estate market rebounding. Now, we’re seeing a trickle down of real estate news stories about the changing real estate markets at the local levels. Here’s one excerpt from an article about the Traverse City, Michigan vacation home and property outlook for 2013.

Michigan vacation home.

Traverse City, Michigan Realtors are predicting a successful summer ahead.

“The housing market is also seeing success here in northern Michigan. Megan Luce, the 2013 President-elect for Traverse Area Association of Realtors and a realtor at Century 21 Northland says her company is already up 26% from last year.

Luce says she’s seeing a trend of buyers looking for second investments homes; water front properties and houses close the downtown area.

“I predict this positive trend will continue in our northern Michigan market, I think we’re going to see a low inventory and a sellers market right now,” Luce said. “With a low inventory and more buyers out there, there’s little to pick from it does drive the prices up.”

 

Click here to read the complete article and related content posted on Michigan’s UpNorthLive.com.

 

 

 

 

2 Responses to “Traverse City, Michigan Realtors Forecast Hot Summer Market”

  1. doretha Says:

    Bookmarking to favorites. I’ll be back.

  2. Strand Says:

    Thanks for this real estate information.

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