Traverse City Real Estate Market is in fact better. The numbers don't lie!!! From July 1st 2008 to September 25th 2008 there were 270 closed residential sales reported in the Traverse Area Association of Realtors (TAAR) MLS system. During that exact period of time for this year there were 303 closed residential sales reported. That's a 12% increase over 2008! Another positive note is that of the 303 residential sales only a total of 68 were either bank owned, foreclosures or pre-foreclosure homes. Again, this is good because prior to this, foreclosures represented approximately 35% of the closed sales in Traverse City. Now that number is only 22% over the last 86 days. "It just feels better" according to Josh Croff of Coldwell Banker Schmidt Realtors 402 E Front Street office. ...
Comments
2