Nicole Hulet | 162 Crescent Avenue
162 Crescent AvenueTraverse City, Michigan
$499,900
Bedrooms: 3
Bathooms: 2.5
Waterfront!
Garage: 2 car attached
Labels: Nicole Hulet, Traverse City Real Estate
N i c o l e H u l e t.c o m | Real Estate Professional | Investment Property Specialist
162 Crescent AvenueLabels: Nicole Hulet, Traverse City Real Estate
233 North Madison StreetLabels: Nicole Hulet, Traverse City Real Estate
Labels: Nicole Hulet, Traverse City Real Estate
1058 Washington StreetLabels: Nicole Hulet, Traverse City Real Estate
2710 East Crown DriveLabels: Nicole Hulet, Traverse City Real Estate
3750 Woodside DriveLabels: Nicole Hulet, Traverse City Properties
Labels: Nicole Hulet, Traverse City Properties
Labels: Nicole Hulet, Traverse City Real Estate
216 Boardman AvenueLabels: Nicole Hulet, Traverse City Real Estate
1200 Lin-Dale DriveLabels: Nicole Hulet, Traverse City Real Estate
5011 Skyview Court
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Labels: Northern Shores Vacation Rentals, Peninsula Bay Resort News, Traverse City Properties, Traverse City Real Estate News
2710 E Crown Dr - Traverse City, MILabels: Traverse City Properties
Are we at the bottom? How big is the bottom? Today's real estate market could be likened to reminiscing about your 3d grade bus driver in that no one knows how "big" (his or her) bottom was. However, whereas you don't care to know the anatomy of your 3d grade bus driver, you are hoping to foresee and understand the "anatomy" of this unprecedented market low as it relates to buying a home or helping someone buy a home.
There are indications that the market is reaching it's bottom. This means that home prices may not get any lower. When you consider that interest rates are at a 50 year low, now is unquestionably and unmistakably the time to "get off the fence". Foreclosure pricing has also affected the pricing of homes overall. Now we're seeing non bank owned (regular folks) pricing their homes more competitively and this is causing them to sell (their homes) in higher numbers than for example 6 months ago when they may have "hoped foreclosure home inventories would be decreasing". Although the number of foreclosure homes is not decreasing yet, we are seeing the stabilization of pricing which alludes to a possible bottoming of the market.
The "bottom" line is get your "butt" in gear or you may be kicking yourself in the "rear".
See all of the Traverse City, MI Real Estate listings, residential, homes, vacant land, waterfront and bank foreclosure properties! All Realtor and MLS listed homes and acreage properties. View ALL MLS Listings!All Bank Foreclosure Properties. Every MLS Bank Repo, REO properties here, Foreclosures. See all homes in the Traverse City, Michigan area. See all foreclosures before buying bank foreclosure homes, all bank repo homes, All REO homes. Click here for All Bank Foreclosure Homes, Bank Repos, REO Homes
If you are Buying a home or Real Estate in Traverse City, Michigan then consider finding every available residential, waterfront, bank foreclosure, condo, commercial and vacant land right in one place CBGreatLakes.com
What about Selling a home or Real Estate in the Traverse City, MI area? Whether you own residential, waterfront, vacant land, commercial, condo or you might be nearing bank foreclosure we have experienced Traverse City sales associates who can assist you in Selling your property!
All MLS Listings of Traverse City, MI Real Estate are a click away. Property Detailed MLS profile pages of homes for sale in Traverse City, Michigan. 18 photos and virtual tours of Traverse City Real Estate Listings ALL MLS Listings!
Location, Location, Location see the Location of every property via Google mapping. It's all about Google. It's our Marketing Strategy. Whether you're searching for bank foreclosure homes, residential listings, waterfront or vacant properties, our site has ALL MLS listings!
Labels: Coldwell Banker Schmidt
Congress Votes for Home Buyer Tax Credit Expansion
As of today – Thursday November 5 – Congress has passed a bill that includes an amendment
to extend and expand the homebuyer tax credit. This bill will be sent to President Obama for
his signature. The National Association of REALTORS® (NAR) has created a side by side
comparison of the homebuyer tax credit changes along with Frequently Asked Questions
about the anticipated new law.
Download NAR Issues Brief (right click, Save As to Desktop)
Download Frequently Asked Questions (right click, Save As to Desktop)
Learn more on REALTOR.org
This is a major victory for consumers, REALTORS® and the housing market. We applaud
NAR along with the Michigan public policy team and our federal political coordinators (FPC).
Labels: National Association of Realtors
Traverse City, Michigan April 7, 2009 The Coldwell Banker Schmidt Family of Companies has been recognized in two national surveys as being among the top Real Estate Brokerages in the country.
The results of the 2009 RISMedia Power Broker Survey are in, and local real estate brokerage Coldwell Banker Schmidt Realtors has made the top 50 once again. The firm, which operates throughout western and Northern Michigan, was ranked #46 of over 600 respondents with 6,672 closed sales units in 2008. This establishes them as the #3 Coldwell Banker Affiliate in the nation, and the largest Coldwell Banker Affiliate in the Eastern half of the county. Their unit ranking was echoed in the REALTrends 500, an annual research report which identifies the 500 largest brokers in the nation.
"We're very proud of the hard work our agents, staff and managers have put forth on behalf of our customers, especially in the face of recent market conditions" said Ken Schmidt, CEO of The Coldwell Banker Schmidt Family of Companies. "That we've experienced this kind of growth, and done it outside of the large metro markets in Southeast Michigan, is truly humbling. We've developed great offices in the best markets in the state, and all indicators point to these markets continuing to thrive in the long term, outperforming the balance of the state as Michigan's demographic and economic makeup transforms. These are the places where people want to live, and we're blessed to be able to live and work here ourselves."
Schmidt cited increased affordability, "incredibly low mortgage rates, and the $8000 home buyer tax credit" as major factors that were driving buyer activity, and noted that fewer new listings were coming on the market, an indication that area markets were beginning to tighten. "We're hearing from our agents that the best buys on the market are being snapped up quickly, and that the phones are really starting to ring" with buyer inquiries.
More information about the RISMedia Power Broker Report can be found by visiting www.rismedia.com. The REALTrends 500 Report can be found at www.realtrends.com.
The Coldwell Banker Schmidt Family of Companies is a fourth-generation, family-owned realty firm made up of three companies: Coldwell Banker Woodland Schmidt, serving the Western Lakeshore from Holland to Muskegon and beyond, Coldwell Banker AJS Schmidt serving the greater Grand Rapids area, and Coldwell Banker Schmidt Realtors serving Northwestern and Northern Michigan, including the UP. The company's website, www.cbgreatlakes.com boasts thousands of listings across Michigan.
About Coldwell Banker®
Since 1906, the Coldwell Banker® organization has been a premier full-service real estate provider. In 2007, Franchise Times magazine's prestigious Top 200 issue ranked the Coldwell Banker system No. 1 in real estate for the eighth straight year and 12th among franchisors in all industries. The Coldwell Banker System has approximately 3,600 residential real estate offices and 110,000 sales associates in 47 countries and territories. The Coldwell Banker System is a leader in the industry in residential and commercial real estate, and in niche markets such as resort, new home and luxury property through its Coldwell Banker Previews International® division. It is a pioneer in consumer services with its Coldwell Banker Concierge® Service Program and award-winning Web site, www.coldwellbanker.com. Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, a global provider of real estate and relocation services. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. Each office is independently owned and operated.
Labels: Coldwell Banker Schmidt
Passed by the House early in October was a bill extending the $8,000 home buyer tax credit next year for military, diplomatic and intelligence personnel serving overseas. This increases the likelihood that Congress will write an extension of the $8000 tax credit program into 2010 but of course there is no guarantee. Hopefully, lawmakers appreciate the tax credit program, currently slated to expire November 30, as a critical component in "saving and creating" jobs. The $8,000 tax credit for first-time homebuyers is scheduled to expire on December 1, 2009. However, in order to qualify, the transaction must be closed on or before November 30th, essentially leaving first-time buyers with less than 35 days to complete the process. At this point, this assumes a "Chinese Fire Drill" approach in order to take advantage of this program if you haven't already began the process. While the urgency of trying to find and close on a home before the deadline may seem stressful, it doesn't have to be, unless you want it to be a... "Chinese Fire Drill". “Yes, the tax credit is encouraging first-time homebuyers, but we’re concerned that people could miss out on this unique money-saving opportunity if they haven't anticipated the time necessary for closing,” said Coldwell Banker Schmidt Realtors General Manager Tom Gray. “While every home purchase is a unique experience, we are encouraging first-time homebuyers to be under contract within the next few days in order to participate in this "soon to not likely be extended"... Chinese Fire Drill.” Please assume your positions.
Labels: Coldwell Banker Schmidt
So the big question is how many foreclosure homes closed in May 2009 in Traverse City? 26 homes out of 88 were tagged as foreclosure or bank owned in Traverse City for May 2009. That represents about 29%. The better news is right now if you complete a search for foreclosure and bank owned homes in Grand Traverse County, there were only 74 such homes available as of June 12, 2009. That means that there is less than a 3 month supply of foreclosure/bank owned homes on the market today in Traverse City Michigan. With the number of foreclosures starting to perhaps taper off, there could be a chance that prices may begin to climb again in the near future. Please see below the diverse mix of foreclosures in Traverse City Mi:
| MLS # | Ask Price | Status | Address | City | Zip | #BR | #BA | Apx Abv Grd Finished SQFT | Days On Market |
| 1701847 | $31,000 | SLD | 3405 N FOUR MILE RD | Traverse City | 49686 | 3 | 1 | 1540 | 46 |
| 1700256 | $44,900 | SLD | 2514 E M-113 | Kingsley | 49649 | 3 | 1.5 | 1056 | 105 |
| 1699778 | $64,900 | SLD | 10235 US-31 S | Interlochen | 49643 | 2 | 1 | 972 | 130 |
| 1700642 | $70,000 | SLD | 1250 BASS LAKE RD | Traverse City | 49684 | 3 | 2 | 1620 | 101 |
| 1699208 | $74,900 | SLD | 4704 N MANOR WOOD DR | Traverse City | 49684 | 4 | 2 | 864 | 161 |
| 1698455 | $69,900 | SLD | 3628 EMILY LN | Traverse City | 49686 | 2 | 1.5 | 1152 | 171 |
| 1701043 | $77,900 | SLD | 8985 HARVEST LN | Buckley | 49620 | 3 | 1.5 | 1100 | 76 |
| 1701092 | $83,000 | SLD | 1701 WOODWARD AVE | Traverse City | 49686 | 3 | 1.5 | 1000 | 64 |
| 1701696 | $79,900 | SLD | 1589 INNWOOD NORTH | Interlochen | 49643 | 3 | 1 | 810 | 64 |
| 1698458 | $84,900 | SLD | 8613 SUMMIT CITY RD | Kingsley | 49649 | 4 | 1 | 1512 | 172 |
| 1700153 | $99,900 | SLD | 6435 APPLEWOOD LN | Williamsburg | 49690 | 3 | 1.5 | 1700 | 143 |
| 1699873 | $94,900 | SLD | 2081 SPARLING RD | Kingsley | 49649 | 3 | 1 | 1052 | 123 |
| 1699609 | $99,900 | SLD | 4147 HARRAND RD | Kingsley | 49649 | 3 | 2 | 1266 | 161 |
| 1703526 | $97,000 | SLD | 2154 GROUSE DR | Traverse City | 49684 | 3 | 2 | 1176 | 14 |
| 1702077 | $95,000 | SLD | 2096 POTTER RD | Traverse City | 49686 | 2 | 2 | 864 | 48 |
| 1701202 | $99,900 | SLD | 18978 TRAVERSE ST | Traverse City | 49686 | 2 | 2.75 | 1456 | 77 |
| 1698047 | $101,500 | SLD | 7310 FOREST LODGE RD | Traverse City | 49684 | 3 | 2 | 1824 | 209 |
| 1699610 | $114,900 | SLD | 2879 N OLD FARM LN | Traverse City | 49684 | 4 | 2 | 1692 | 145 |
| 1700152 | $124,900 | SLD | 3188 NIMROD RD | Traverse City | 49684 | 4 | 2.5 | 1100 | 118 |
| 1701378 | $127,900 | SLD | 2178 ARTHUR CT | Traverse City | 49684 | 3 | 2 | 1152 | 83 |
| 1701846 | $149,900 | SLD | 2141 BLACK FOREST LN | Traverse City | 49686 | 3 | 1.5 | 1000 | 62 |
| 1692939 | $132,250 | SLD | 7655 HAMPTON CIRCLE | Grawn | 49637 | 4 | 2 | 1999 | 365 |
| 1701520 | $149,900 | SLD | 1278 TERRACE BLUFF DR | Traverse City | 49686 | 2 | 2 | 1212 | 70 |
| 1694131 | $179,900 | SLD | 4566 DEEP WOODS DR | Traverse City | 49684 | 2 | 2 | 1660 | 316 |
| 1699706 | $199,900 | SLD | 6733 MATHISON RD | Traverse City | 49686 | 4 | 3.5 | 2900 | 147 |
| 1693242 | $279,900 | SLD | 377 HOMESTEAD LN | Traverse City | 49686 | 3 | 3.5 | 1879 | 344 |
Labels: Coldwell Banker Schmidt