Traverse City, MI Real Estate News

By Jon Becker, Associate Broker
(Century 21 Northland)
Traverse City Restaurants, Shops On The Move Restaurants, Shops On The Move July 27, 2015 By Beth Milligan   It’s the height of Traverse City’s busy season – and with a big helping of openings and closings, the local business scene shows no signs of slowing down. The Ticker checks in on the latest restaurant and retail news. Restaurant After several months of preparation, Lulu’s and Siren Hall veterans Henry and Mindy Bisson are ready to open the doors to their own establishment. Smoke and Porter Public House – a “new American smokehouse where farm to table meets the firepit” – will open to the public for dinner service from 5-10pm beginning tomorrow (Tuesday) at 1752 US-31, formerly home to Bamboo Garden 1. In addition to an extensive wine and beer list, the restaurant will offer an up...
Comments 0
By Cherry Wings Realty, Your Traverse City Michigan Realtor
(Cherry Wings Realty)
      37985 Kings Highway, Beaver Island, MI     Get Directions Click Here     Description     Photos     Maps & Local     Schools $ Click for current price 10080 SQUARE FEET Emerald Isle Hotel is located on the quaint island of Beaver Island, which encompasses 56 square miles of lakes, hiking trains, camp grounds and beautiful beaches.  Emerald Isle Hotel is the newest hotel on the island.  Remodeled in 2000, this facility has 16 units; 8 are studio with two queen beds and the remaining 8 are 2 bedroom units both with queen beds.  Studio units have a kitchenette and the 2 bedroom units have full kitchens.  Guest laundry on site, relaxing fireplace - sitting area after long days of cross country skiing.  Lush landscaped common area for picnics and grilling.  Walking distance to Gillespi...
Comments 2
By Jon Becker, Associate Broker
(Century 21 Northland)
Commissioners Tab Boardman Lake Trail June 9, 2015 By Beth Milligan   Traverse City commissioners identified the completion of a five-mile trail loop around Boardman Lake as a top priority in a Monday night study session devoted to public projects in the lake district. Jean Derenzy, Grand Traverse County Deputy Director of Planning and Development, outlined three public projects from a 2000 Boardman Lake Brownfield Plan that have yet to be completed. Derenzy asked for input about which projects should be prioritized and whether the city wanted to bond or borrow money to complete them -- or wait for tax increment financing (TIF) dollars to be captured to cover the costs. The projects include a new $2.2 million street – commonly referred to as Boardman Lake Avenue – that would hug the la...
Comments 0
By Jon Becker, Associate Broker
(Century 21 Northland)
Meet Your New City Manager June 1, 2015 By Luke Haase   Marty Colburn is set to become City Manager for the City of Traverse City, leaving behind the same job in Mason, Mich. We caught up with him by phone about his impressions of the city, thoughts about the job, and how hard it's been finding a house here.Ticker: First of all, congratulations. What are the next steps in leaving your current job and starting here? Colburn: Right now there's a lot on my mind in terms of transitioning…number of activities here [in Mason] to properly turn over, like signature authorities to whomever the interim will be. And of course I’m still on a learning curve about Traverse City, so I’m spending time researching and speaking to people. I’ll be having a discussion with the city council here Monday. I ...
Comments 0
By Jon Becker, Associate Broker
(Century 21 Northland)
New Food Trucks, Retail Shops: The Latest In Traverse City May 20, 2015 By Lynn Geiger   It’s almost high season for shoppers and diners in Traverse City, and businesses are ready. The Ticker brings you the latest: New Eats The latest news about restaurants is being driven by food trucks, both at The Little Fleet on Front Street and at an all-new "food truck park" popping up soon. The Little Fleet has welcomed seven permanent food trucks to its lot for the upcoming outdoor dining season. Two of them are new: Daily Blend (opening this weekend) and White On Rice. Daily Blend is the latest venture by local entrepreneur Troy Daily (TC Cycle Pub, TC Ale Trail and the Brew Bus) and wife Whitney. The “truck” was custom built in Oregon and is made to look like an old VW Westfalia bus. It will ...
Comments 0
By Jon Becker, Associate Broker
(Century 21 Northland)
Walk to Beach,Marina,Downtown Traverse City,TART Trail- 3 BR , 1948 sq. ft, 2 car garage, fenced yard Walk Dowtown, Beach, TART Trail • 1,948 sq. ft., 1 bath, 3 bdrm bungalow - MLS $291,000 - LOCATION, LOCATION!Central Neighborhood, Traverse City  -  Location, Location, Location! Prime Central Neighborhood location - walk or bike to downtown, beach, marina, festivals, TART trail, hospital or sit on your large covered front porch sipping your favorite beverage & relaxing. Bring your taste and vision to transform this classic bungalow into the glorious home it has the potential to be with hardwood floors, original wood work, open living/dining areas with lots of natural light, 2 fireplaces, 3-4 bedrooms with huge 21x20 upper level bedroom with oversize walk in closet (large enough to add ...
Comments 1
By Jon Becker, Associate Broker
(Century 21 Northland)
City Manager, Clinch Repairs On City Agenda April 20, 2015 By Beth Milligan   Traverse City commissioners will review the applications of 34 candidates for city manager tonight (Monday) to determine which applicants they’ll invite for interviews in May. Also on the board’s agenda: authorizing up to $72,000 for consulting services for Clinch Park shoreline repairs, amending the city’s TIF 97 plan and reviewing a first draft of the 2015-16 budget. City Manager Candidates Commissioners have up to 10 points to allocate to city manager candidates tonight they believe should be invited to a first round of interviews May 1 and 2. Human Resources Generalist Jamie Caroffino says 34 qualified candidates submitted resumes to the city for its top position, with 23 public and 11 confidential. Commi...
Comments 0
By Jon Becker, Associate Broker
(Century 21 Northland)
Happy to have received this from the Century 21 CEO today: Dear Jon, Congratulations on achieving the 2014 Masters Ruby and the Quality Service Producer awards. Your hard work and dedication to your customers, your community and the CENTURY 21® System have enabled you to earn this outstanding achievement. ... It is because of affiliated sales professionals like you that the CENTURY 21 brand continues to be a powerful force in real estate and receives notoriety, such as our recent sweep of the 2014 J.D. Power Home Buyer and Seller Satisfaction Awards. You are a valued member of the CENTURY 21 System, and I am proud to have you as a part of CENTURY 21 Real Estate! Thank you for all of your efforts in 2014, I wish you the best for a prosperous 2015. Regards, Rick Rick Davidson President &...
Comments 0
By Jon Becker, Associate Broker
(Century 21 Northland)
TCAPS Leaning Toward 2017 Bond? January 26, 2015 By Beth Milligan   Traverse City Area Public Schools (TCAPS) board members will meet tonight to discuss a critical decision: whether to put another capital bond proposal on the ballot this fall. Previous bond proposals failed in 2012 and 2013; an operational homestead millage mandated by the state passed in November, but doesn't relieve the district’s capital infrastructure needs. Faced with declining student enrollment, aging school buildings and a tapped fund balance projected to be at 6.5 percent this year (compared to the district’s goal of 10 percent and a proposed state definition of fiscal distress at 5 percent), TCAPS is facing tough decisions. “The community has already said no (to a bond proposal) twice: that’s the bottom line,...
Comments 0
By Jon Becker, Associate Broker
(Century 21 Northland)
Snow-Free Downtown TC? January 19, 2015 By Beth Milligan   Could downtown Traverse City sidewalks someday be completely snow-free all winter? The Downtown Development Authority (DDA) board has expressed support for splitting costs with downtown property owners to install sidewalk snowmelt systems throughout the district. At a meeting Friday, the board reviewed a proposal from the Traverse City Film Festival (TCFF) to install a Hollywood-style Walk of Fame this spring in front of the theater, featuring cement handprints from past celebrity guests like Madonna and Susan Sarandon. The proposal also calls for installing a heated sidewalk system stretching from Horizon Books to Backcountry Outfitters. “We regularly hear from our patrons at the State about their battles to find a clear path ...
Comments 0
By Jon Becker, Associate Broker
(Century 21 Northland)
New Natural Foods Grocery Headed To Traverse City January 12, 2015 By Luke Haase   A new organic and natural foods grocery store is coming to Traverse City, confirming the market is on the radar of national chains and potentially changing the organic grocery landscape here. Lucky's Market, a Boulder, Colo.-based organic and natural foods grocery chain, will open at the Buffalo Ridge Center (formerly Horizon Outlet Mall) next year. The giant, 26,000 square foot store will take the place vacated when Carmike Horizon Cinemas moves across Buffalo Ridge. Construction is now underway for a new, 14-screen Carmike theater complex, including an IMAX screen, on the north side of the property; construction on the new Lucky's will begin when the theater relocates there. Now in "the design phase," ...
Comments 0
By Jon Becker, Associate Broker
(Century 21 Northland)
This is why I love my job and my clients...here is a testimonial my latest sellers posted on facebook:   By the way a call out to our realtor Jon Becker Who sold our house in a week of its listing.  I must say his efficiency and no nonsense approach was awesome, All I's were dotted and all T's crossed. Having been self employed for so many years myself, his customer first service (reflective of my own.) was the recharge we needed among an increasingly bureaucratic and "Customer who?" world.It became very apparent quickly why he is on track to sell all his listings of 2014Thank you Jon.    
Comments 1
By Jon Becker, Associate Broker
(Century 21 Northland)
• 1,660 sq. ft., 2 bath, 4 bdrm 2 story split - MLS $109,900 - Totally Remodeled Inside Blair Township, Grand Traverse County  -  Almost completely renovated in past 2 years including interior solid 6 panel doors, exterior doors, bathrooms, kitchen with solid hickory cabinets with self closing doors/drawers, all Energy Star appliances, flooring, paint, trim, GFI outlets, water heater, window screens, and Brand New Roof fall 2014. Home features 1660 sq. ft. of living space with 4-5 bedrooms, 2 baths, den/office, cable tv/internet in most rooms, natural fireplace, hickory laminate & tile flooring, main floor laundry, large entry/mud room, partial basement for storage/utilities, and heated/insulated 2 car garage, + large back patio & privacy fenced back yard with natural gas & municipal wa...
Comments 1
By Cherry Wings Realty, Your Traverse City Michigan Realtor
(Cherry Wings Realty)
Real Estate Trends In Traverse City Our market is still going strong.  Such wonderful news to see that our off water market values are up over 12% from this time last year.  We have a healthy supply of inventory in most market segments. We are starting to see some movement and improvement in our private water frontage properties and that is always a welcome trend. Looks like we will head into the 4th quarter of 2014 strong and steady Looking to Buy or Sell? Call our office today at 231-944-9906 for a FREE consultation Come in for a cup of coffee and talk about your next move!!!! Be sure to ask about our Hero Reward Program     Weekly Market Statistics      10/20/2014 thru 10/26/2014 121 New Listings 73   Closed Sales 262 Pending    Sales By Classification 58  Residential $25,000 to $2,0...
Comments 0
By Jon Becker, Associate Broker
(Century 21 Northland)
Downtown Living Demand Spurs Building Boom October 13, 2014 By Lynn Geiger   Downtown Travese City is experiencing a building boom --driven by strong demand for residential living in the downtown district. In the last two weeks alone two developments held groundbreaking ceremonies – and together will add close to 40 residences. The lively construction scene in a five-block radius points to the success of presales and “after reaching a tipping point everything is breaking loose,” says Kim Pontius, executive vice president of the Traverse Area Association of Realtors (TAAR). Work is underway at Washington Place, on the northeast corner of Cass and Washington streets. The five-story development will include 23 residential units and 3 commercial spaces. Tom McIntyre, who's developing the p...
Comments 0
By Cherry Wings Realty, Your Traverse City Michigan Realtor
(Cherry Wings Realty)
Traverse City Real Estate Market Update We are experiencing changing signals from statistics.  It appears that we are still seeing a good number of buyers out in the market looking for off water homes. Inventory levels have started to become more abundant in some markets yet still scarce in other market areas. If you are thinking of buyer or selling, please be sure to consult with a Realtor so that you can develop a solid plan for the sale of your home and the purchse of a new one. Call today 231-944-9906 and "Let's Talk About Your Next Move"     Weekly Market Statistics          09/29/2014 thru 10/05/2014 159 New Listings 111  Closed Sales 269 Pending    Sales By Classification 79  Residential $6,000 to $965,000  Median $161,407 Mean $220,201 17  Vacant Land $5,000 to $375,000 Median $...
Comments 1
By Cherry Wings Realty, Your Traverse City Michigan Realtor
(Cherry Wings Realty)
There may be frost on the pumpkins but our real estate market is still HOT! If you are thinking of buying or selling ~  NOW is a great time CALL US TODAY  231-944-9906 to speak with one of our listing or buyer specialists. Be sure to ask about our Hero Reward Program       Weekly Market Statistics          09/23/2014 thru 09/28/2014 153 New Listings 74  Closed Sales 271 Pending    Sales By Classification 52  Residential $39,000 to $1,000,000  Median $184,950 Mean $224,996 20   Vacant Land $10,000 to $625,000 Median $43,750 Mean $117,745 2     Commercial $7,280 to $556,000   Sales by Location 11 Antrim County 12 Benzie County 26 Grand Traverse County 10 Kalkaska County 12 Leelanau County 03 Wexford County   Expired Listings   34   Year over Year Comparison for Grand Traverse County on & ...
Comments 0
By Cherry Wings Realty, Your Traverse City Michigan Realtor
(Cherry Wings Realty)
Traverse City Real Estate Market is holding steady again this week. With Fall color changing and children all back in school, we are seeing some additional movement Prices are still holding strong and we are seeing some increase in inventory for buyers.   Price It Right Stage It Well It Will Sell   Thinking of buying or selling?   Call today and speak to one of our Realtors about your next move 231-944-9906   Be sure to ask about our Hero Reward Program     Weekly Market Statistics          09/15/2014 thru 09/22/2014 161 New Listings 97  Closed Sales 271 Pending    Sales By Classification 67  Residential $47,500 to $1,500,000  Median $163,500 Mean $252,761 27   Vacant Land $7,500 to $455,000 Median $95,000 Mean $136,870 3     Commercial $500 Lease to $735,000   Sales by Location 12 Antr...
Comments 0
By Cherry Wings Realty, Your Traverse City Michigan Realtor
(Cherry Wings Realty)
Looking to Sell Your Home ????? Our market is poised for quick sales if you home is primed for the market Condition, Location, Price !!!! These are the three key elements in getting your home sold for the most money in the shortest time Call today  231-944-9906 ~ For a pinpoint market analysis of your home   Be sure to ask about our Hero Reward Program       Weekly Market Statistics          09/01/2014 thru 09/07/2014 139 New Listings 97  Closed Sales 271 Pending    Sales By Classification 79  Residential $24,500 to $981,700  Median $168,000 Mean $210,885 15   Vacant Land $8,800 to $128,280 Median $45,000 Mean $128,280 3     Commercial $150,000 to $850,000   Sales by Location 08 Antrim County 09 Benzie County 40 Grand Traverse County 14 Kalkaska County 24 Leelanau County 02 Wexford Coun...
Comments 0
By Cherry Wings Realty, Your Traverse City Michigan Realtor
(Cherry Wings Realty)
As we enter into our Fall selling season, we are starting to see inventory levels shrink. We are still seeing buyer demand up, which sets a good stage for sellers. Are you in the market to buy or sell a home? Call today for a free consulatation and market analysis 231-409-4140   Be sure to ask about our Hero Reward Program     Weekly Market Statistics          08/25/2014 thru 08/31/2014 200 New Listings 121 Closed Sales 276 Pending    Sales By Classification 102 Residential $200 Lease to $1,200,000  Median $179,250 Mean $246,195 18   Vacant Land $4,800 to $465,000 Median $30,000 Mean $68,438 1     Commercial $500,000   Sales by Location 10 Antrim County 17 Benzie County 63 Grand Traverse County 06 Kalkaska County 25 Leelanau County 00 Wexford County   Expired Listings   35   Year over Y...
Comments 0