Thursday, January 31, 2013

Custom AuSable River Cedar Home

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.

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.           


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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

While the current single digit temperatures make it seem like winter will never end, spring will be upon us before we know it.  We take this time of year as a great opportunity to help our clients get the jump on the buying season by advertising at a number of trade shows.  The first is The Cottage and Lakefront Living Show in Novi.  February 21st through the 24th, the agents and brokers of Homewaters, L.L.C. will be exhibiting at this show and introducing our clients' properties to buyers interested in finding their own cottage in northern Michigan.  This show features boats, docks, builders, paddle boards, design firms, home decor and anything else that can help people enjoy their cottage at the lake.  If you're a seller looking for unique and inventive ways to advertise your property this season, contact us at your first convenience to learn more about this opportunity and our overall marketing strategy.  If you're a buyer stop by our booth and say, "hello".  Until then, get out there and enjoy the winter because it will be gone sooner than you think!!  Click the logo to learn more about The Cottage and Lakefront Living Show.