Wednesday, February 24, 2016

Visit Homewaters at this weekend's Cottage and Lakefront Living Show in Novi

We're excited to head south to The Cottage and Lakefront Living Show in Novi this weekend to advertise our seller clients' properties, reconnect with past and current clients, and meet buyers seeking their next cottage or home.  Our booth will be right inside the entrance so stop by, say hello and grab a bag to store all your goodies in.  The booth will be staffed by various Homewaters agents throughout the weekend who represent properties from Muskegon to Mackinaw to Midland.  We hope to see you there!  Click HERE for more details on this terrific show.

Wixom Lake Waterfront Home!! 3770 S. Lake Dr., Beaverton

Wixom Lake Waterfront Home!

3770 S. Lake Drive, Beaverton, MI 
MLS #165072

Call or Text Sonya at 989-429-2600 to check availability and to schedule a showing!!

Bedrooms: 2
Bathrooms: 1.5
Square Feet: 1459
Attached Garage

Wide open views of Wixom Lake! Enjoy 60' of waterfront and a large yard with this 2 bedroom, 1.5 bath lake home. Step into this inviting home and the open floor plan will greet you. Large living room offers a fireplace with wood stove insert & a knotty pine accent wall. The kitchen has plenty of cupboard & counter space & would accommodate year round living. The sun room is an all seasons addition to the home & could serve many purposes. It is currently used as the dining room with a perfect little bar area. The views of the lake from the sun room are carried into the living room. Slider from SR steps out to the spacious deck which is the perfect spot for grilling & watching the boats pass by. Main floor laundry in the half bath is convenient. 2 bedrooms & another full bath complete the main floor. Partial basement houses the mechanicals. 1.5 car attached garage & concrete drive too! Steel seawall w/ boardwalk & great fishing or boating await you on this 2,000 acre all sports lake! 

Click HERE to view more images of this Wixom Lake Waterfront Home for Sale!!

Tuesday, February 23, 2016

The Return of the Northern Michigan Cottage Buyer

The past 6 or 7 years has been a very interesting run for the northern Michigan real estate market.  The economic decline in 2008 and 2009 lead to many buyers simply putting any purchase on hold while they waited for things to shake out.  In the early part of this decade, we saw the resurgence of buyers, beginning with Baby Boomers seeking to buy their retirement home in northern Michigan.  Many had already retired or were retiring in the near future and this purchase became a priority.  This allowed many markets to recover a lot of the losses seen in prior years.  This was especially true in communities with plentiful amenties like Traverse City.  Still missing from the market were the next generations of younger buyers looking for that pure weekend getaway.

Throughout the 80's and 90's, the Baby Boomers really drove the northern Michigan market  as they purchased and enjoyed cottages up north on weekends and other short trips.  When those same people decided they wanted to live full time up north, they looked to either upgrade or sell the family cottage to find a situation that was more suitable to full time life.  This left a glut of modest cabins on the market with no buyers.

It's great to see, now, that we have an influx of that next generation of vacation property buyers entering the market to allow their family the same experience they had as a kid.  These buyers are more willing to be a little more remote and buy more modest properties that aren't necessarily well suited for full time living.  It's been so much fun wathing these buyers, often with kids in tow, seek the property they feel will allow them to build many of the same memories they built during their own northern Michigan vacations.

This is good news for sellers whose homes were not very appealing to retirees.  Unlike their predecessors, though, many of these younger buyers are demaning nicer finishes and cabins or cottages with unique architectural character.  Hopefully the trend continues and we will see more of the true cottage properties find their way into the hands of the next generation.

We've enjoyed a terrific winter of sales once again and many of the best properties have already sold.  We typically see a lot of new inventory hit the market between now and summer, however so stay tuned for new opportunities!

When you're ready to find your own slice of northern Michigan or looking to sell your existing property, reach out to The Homewaters agent in your area.  Click HERE for a complete list of our agents and brokers and the areas they service.

Monday, February 22, 2016

Wixom Lake Waterfront Cottage! Price Reduction at 4062 Bayview Drive, Beaverton

Price Reduction at 4062 Bayview Drive, Beaverton
Wixom Lake Waterfront!!
MLS #164450
Wixom Lake is where you come to relax, have fun with friends and family and make memories! This affordable cottage offers you a chance to have that for yourself! The 2 bedroom, 1 bath home or cottage has a lot of charm featuring arched doorways, built in cabinets and antique doors with glass knobs! The eat in kitchen opens up to a large living room for relaxing in after a day on the lake. Partial basement houses the mechanicals and offers great extra storage space. 87' of waterfront with a stone seawall and dock. Located just off the main lake on a serene bay there is still a very pretty view of the main lake! Fish off your dock and then boat out on the main water for tubing and skiing! 1 car detached garage and a huge bonus....lot across the street with a 30x40 newer pole barn with electric and concrete floor. Plenty of space on that lot for additional parking, camping guest and more! Easy lake living with natural gas, municipal sewers and central air! 

Click HERE to visit our website for more detail of this Wixom Lake Waterfront for Sale!!

Wednesday, February 3, 2016

Gladwin & Clare County Real Estate Market Snapshot for January

January Real Estate Market Snapshot for Gladwin and Clare County Area Homes

Featured Listing!
City of Beaverton Home with Large Yard & 2 Garages
MLS #164640

Active Listings: 708 (57 new listings came on the market in January)
Average Asking Price: $108,758
Average Days on Market : 262
Range of Asking Prices: $8,000 - $695,000

Sold: 45 Sold in December (53 sold in December)
Average Asking Price of Sold Listings: $104,490
Average Selling Price of Sold Listings: $95,259
Average Days on Market of Sold Listings: 213 (28 days more than December)
Sellers Received: 91.1% of their asking price       

Total Residential Sales Volume: $4,191,430 (up from $3,874,990 in December)
Listings Sold by Price Range
0-99,999: 28 (down 14 from December)
100,000-199,999: 12 (up 3 from December)
200,000-299,999: 3 (up 2 from December)
300,000-399,999: 2 (up 1 from December)
400,000 and above: 0 (same as December)  

Sold!! Wixom Lake Waterfront

**60 Homes Expired off the Market in December
Absorption Rate = 1.3 years

Tuesday, February 2, 2016


Stunning waterfront setting to build your new home or cabin in a wooded setting with 165 feet of private frontage on a slight elevation for great views of Squaw Lake.  Squaw Lake is wonderful fishing lake with no public access and centrally located between Big Twin and Big Blue Lakes, close to the Blue Bear Snowmobile Trail and short distance from trout fishing on the Big Manistee River and thousands of acres of state land.  Easy access from either I-75 or US-131.  This property is on a blacktop county maintained road and has electric and a small water well.  Township allows you to place an RV for up to 45 days per year.

Located in an area of very nice homes and cottages you will not be disappointed by the quietness and serenity when you step on the this property.  Click Here for more information or contact or 231-384-1207 to get more information.