The Traverse City Real Estate Market - Post Covid-19
By Jules Yates, I Guarantee Results
For anyone wondering what the real estate market is like post Covid-19, all I can say is it is HOT. Some might say too hot. Since the Governor allowed real estate agent to go back to work, our phones have been ringing off the hook and here is why: 1. Record Low Inventory2. Record Low Interest Rates3. The Ability to Work from Home4. Traverse City is a Place People Flee to not Flee From Those 4 things have moved many people time lines up from years to in some cases weeks. There was a lot of time during lock down for people to search online and no one could go look at property. There was pent up demand and very few new properties coming one the market. Suddenly, we had a lot of people steping to the line and that has caused most properties (that are priced right) to sell almost immedia...