It is mid-April…Easter Sunday actually! Now that the weather is turning, I have noticed a marked increase in activity for our Northwest Michigan properties. There are still a good number of foreclosures in Michigan, but we are selling them as banks kick in their stimulus money, and then reduce prices dramatically on these properties. There will certainly NEVER be another buyer market like this in my lifetime and I wish I had the money to buy even more real estate than I already have. I am also seeing a shift in buyer priorities i.e. from more expensive properties such as homes on Torch Lake, to more affordable camps & cottages on our smaller lakes. They are buyers who have not been impacted by the economy but are still very sensitive about how quickly fortunes can, and have, turned. They are being more frugal, analytic, cautious, and they have becaome much more savvy because of the Internet. Be that as it may, there are many, many people who want and need to be up north in Michigan.
Here in the Northwest region of the state we are truly blessed with a diverse and hilly terrain, endless miles of pristine rivers & lakes, lush forests, cool towns & cities, and people who know how to live to the fullest.
Yes, things are good, life is good, and people are buying in Northern Michigan! Join them while the inventory is high, and prices & interest rates are at an all time low.
Call me…