Now listed below $400,000, this custom home is ready for the next owners to enjoy as much as the current owners have. Perched over a sweeping bend of The AuSable River's Holy Water section, the home offers long views of the river approaching the property. It's fantastic trout water with an average depth of 1' to 3' over a mostly gravel bottom making it home to prolific mayfly and caddis hatches. There's plenty of room for the owners plus any family and friends who may want to visit with three levels of living space including an open kitchen/living/dining area, beautiful sun room, lower level family room and multi level decking. Custom woodwork throughout adds warmth and charm. A large detached garage also has a workshop and upstairs bonus space. This property is proudly represented by, Chad Brown, Principal Broker. Contact him at your first convenience to set up a time to tour the home or click HERE for more details.
Thursday, January 31, 2013
Tuesday, January 29, 2013
Gladwin County Real Estate Market Conditions Year in Review
Gladwin County Real Estate Market Conditions Year in Review 2012
Looking
back over the Gladwin County real estate market sales and statistics
for 2012 I can't help but feel pride over what I've accomplished. I
am very aware that my success couldn't have been realized without each
and every seller and buyer who placed their trust in me. The support of my staff, Sherri and my husband and son, Jason and Chandler, played an integral role as well. Combining that with the Homewaters brand and the encouraging owners, Chad & Mandy, allowed for another record breaking year. I personally sold 73 units this year for $5.1 million in home sales I was able to make it possible for so many people to find their slice of heaven, or to accomplish the sale of their home. Smashing the 2012 sales totals by selling $1 million more in 2012 than in 2011 was no small feat. I
can attribute the success in part, to many, many hours of hard work, a
passion for my career, a competitive attitude, a thorough understanding
of the existing market, an ability to competitively price a home, the
extensive internet marketing I offer clients, the use of the latest
technology that improves my efficiency and allows me to carry more
inventory along with my follow up and communication skills. As
I gear up for a strong 2013 I am excited to see what sales records will
be broken and to meet new people placed in my path during the year that
I will be lucky enough to help accomplish their dreams.
Homewaters
Recreational Real Estate serves all of Northern Lower Michigan and this
year we were able to participate in over 200 transactions for a grand
total of over $30 million in sales. At Homewaters, we
truly feel like we are selling a lifestyle and not just a piece of real
estate and our commitment to the communities we serve is certainly
translated through our sales figures.
Below is a comparison of 2011 and 2012.
The
following data was obtained from the Clare/Gladwin Board of Realtors
Multiple Listing Service and reflects residential home sales only.
2011 2012
Number of Listings 1339 1351
Average List Price $105,312 $101,003
Average Sold Price $70,626 $75,098
Number of Sold Listings 565 644
Average Days on Market (for solds) 241 234
% of Asking Price Received 89.1% 90.4%
Referencing
the grid above you can see there were 12 more listings in 2012 with a
lower average asking price than the previous year. However, the average sold price rose! Perhaps sellers were more realistic or aggressively pricing their properties this year. The strategy worked because there were 78 more sales than last year! That is an average of 6.5 more sales every month. Days on market remained stable as well as the percent of asking price the seller received. More inventory selling means more buyers in the market and points to a tightening up of the real estate market in this area. There are signs of a return to a more balanced market and a shift towards a seller's market. I think this market shift will be gradual but I think it is safe to say the worst is behind us! I
hope this information has proven to be valuable to you and can serve as
a guide towards your future decisions to buy or sell real estate.
Friday, January 25, 2013
Affordadle Travere City Home, Close to Everything!
10140 Grandview Ct Traverse City $164,900
If your are looking for a new home in the Traverse City area under the
$200,000 price point then take a look at this great ranch home located
less than five minutes from Downtown Traverse City. This home is
located in a recreational paradise with West Grand Traverse Bay public
water access, TART Trails, parks, Skiing and so much more just minuets
from your front door. Basic features of this home include 3 bedrooms,
1.5 baths, attached 2 car garage, large corner lot, fenced back yard,
full unfinished basement.
Click here for more details about this wonderful Home
Steve Scheppe
(231) 590-5823 Mobile
Monday, January 21, 2013
Join us at The Cottage and Lakefront Living Show
Friday, January 18, 2013
Congratulations Steve Shcheppe! TAAR's 2012 Rookie of the Year!
Here is the text from Steve's nomination letter...
Steve joined our firm in March of 2011 after selling his
successful landscape/service business.
It was his experience in that venture and other previous businesses he
managed where Steve gained the essential skills needed to be successful in the
real estate industry. He was used to
working long hours that were often unpredictable. He recognized that a successful business
relied on building strong customer relationships and winning over those clients
who can sometimes seem impossible to please.
And, most importantly, knows that any business is only as successful as
the effort one is willing to put into it.
Steve was tasked with the daunting job of competing against
some of the biggest names in Traverse City real estate as he pursued a career
listing and selling properties on Grand Traverse Bay. With a well defined strategy and his
willingness to work as hard as needed to be successful, Steve has found early
success by closing over $2,700,000 in volume in just his first 18 months. These sales include a variety of property
types including a number of premium bay front properties that went previously
unsold with very prominent REALTORS.
I’ve received numerous comments from fellow REALTORS and
other industry professionals that have had the opportunity to work with Steve
directly about how professional, courteous and attentive he is to each and
every transaction. He had to deal with a
number of extremely demanding clients and very complicated transactions during
his first 18 months. By remaining
solution oriented, he showed an impressive ability to keep all parties on
course and eventually close a number of transactions that could have very
easily fallen apart if not managed properly.
It’s great to know that someone of Steve’s integrity is now proudly
representing the real estate industry in our area.
Busy with a new baby coming into their family (his third),
Steve still found time to attend a number of WCR events, YPN events and
volunteer with The Watershed Center to do beach clean up to take care of the
area he now services. Now a member of
WCR, Steve has shown a willingness to sacrifice his own personal time to
improve his own business and the REALTOR community in Traverse City.
We’re very proud to have Steve representing our firm in The
Traverse City Area and are very confident he’ll continue to add to his early
success and become a very valuable member of the REALTOR community at TAAR. Thank you very much for your
consideration. I believe Steve is
certainly deserving of the honor.
Sunday, January 13, 2013
Midge McGinnis, 2012 Top Producer for Homewaters, L.L.C.
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Congratulations to Midge McGinnis for being the top producing agent for Homewaters, L.L.C. in 2012. Midge and her Marketing Director, Bethanne Masse, enjoyed a terrific first year with Homewaters. For the past decade, Midge has been among the highest selling agents in the Houghton/Higgins Lake Area and she didn't skip a beat in 2012 after joining Homewaters. With a total closed sales volume of $7,950,000 and the highest average sales price of any agent in The Houghton Lake market (over $114,000), Midge proved that you don't have to necessarily slash prices in order to get sales in this market. 2013 should be another great year for Bethanne and Midge as they continue to service their Houghton Lake Area clients and begin to aggressively pursue The Higgins Lake Area. If you have any real estate needs in the Houghton/Higgins Lake Area, please contact Midge at your first convenience and we're confident she'll work tirelessly to earn your business! Click Bethanne and Midge's picture for more information on them and view some of their current inventory.
Wednesday, January 9, 2013
Gladwin County Market Conditions for December 2012
Real Estate Market Conditions for December 2012
Gladwin County is located in rural Northern Michigan and is conveniently located within 3 hours of Detroit
and 2-2.5 hours of Flint and Lansing making it easy to come "Up North"
for the weekend. But, we encourage you to stay longer. After visiting
Gladwin you will want to spend much more time here! Gladwin, Michigan
is an area popular for its scenic lakes (including Wixom Lake and
Secord Lake), plentiful state land, quaint parks, Amish communities and
down town shopping. Gladwin is primarily
a second home/resort community due to the amount of waterfront homes.
Gladwin, Michigan has real estate to accommodate every buyer from very
affordable cabins to luxurious homes. As a life-long resident of Gladwin
County I know the area well and the real estate market even better!
780 Quillette, Beaverton, MI
Wixom Lake Waterfront Easement
MLS #158291 $179,000
1043 McKimmy, Beaverton, MI
Wixom Lake Waterfront
MLS #158295 $139,900
The real estate market conditions
in Gladwin, Michigan along with most areas of Michigan, remain somewhat
challenging, but appear to be stable! There is a slightly improving
economy, stable values and less days on market than before. If you are
interested in buying your first home or your vacation home, it is a
fabulous time to buy! Interest rates are very low for qualified buyers,
and a lot of inventory remains. It should be noted inventory levels are
lower than in previous years which indicates a shift from a stable
market to a sellers market. I believe the shift will be a slow process
however. Homes remain more affordable then they have been in years!
Buyers: With winter here sellers may be willing to negotiate lower sales
prices.
Let me help you find your special
place to escape to or to call home. Sellers: Your home needs exposure to
the market all year long! List today if you are serious about selling!
Here are the latest real estate market
conditions for Gladwin, Michigan and the surrounding areas of
Beaverton, Harrison, Clare, Rhodes, Bentley, Wixom Lake and Secord Lake.
In December I had 3 closings and currently I have 6 pending.....sales
continue to be strong!!
The Clare/Gladwin Board of Realtors currently has 770 homes for sale through the Multiple Listing Service
(MLS) and 56 of those were new to the market in December. The number of
new listings is 6 less than last month. The average asking price of the
homes currently on the market is $103,990 and the average days on
market for those homes has been 293 days. These stats are only slightly
different than they have been the last 3 years clarifying my theory that
the Gladwin, Michigan real estate market conditions are stable!
Residential asking prices range from $7,500 - 950,000.
During the month of December we saw 42
homes sell/close in the area. This is the same number of sales as we
had in November. The average asking price was $94,584. The average sales
price was $84,974 and the average days on market for these homes was
245 days. The average days on market is 8 days more than last month. The
sellers received an average of 89.8% of their asking price.
In Gladwin 107 homes expired from the
market unsold in December. The main reason homes don't sell during their
listing period is that they were priced incorrectly for the real estate
market conditions and or condition of the home. In any market it is
imperative that a listing be priced as competitively as possible for its
condition in order to have the best chance of selling. To learn more
about why homes expire from the market visit this link to a page on my website. If you're thinking about selling your Gladwin area home one very important fact to know about your real estate market conditions is the absorption rate. The absorption rate will tell you how long it will take for the current inventory of homes in Gladwin, Michigan
to be absorbed by the market if no other homes come on the market. The
absorption rate for December is 1.5 years! If you want your Gladwin,
Michigan area home sold you need to know this number to help you price
your home accordingly.
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