08.16More sellers than buyers. Does that sound familiar? It should, because that’s what almost every realtor in Michigan is telling their clients…
More sellers than buyers. Does that sound familiar? It should, because that’s what almost every realtor in Michigan is telling their clients. The housing market is saturated with houses that are for sale in all price ranges, sizes, location, and with every feature you can think of. And the problem is that no one is buying.
I was recently in Canyon Lake, Texas looking at real estate, deep in the heart of Texas Hill Country. Just north of San Antonio, Canyon Lake is one of the most beautiful areas I have ever seen. Now, just so you understand, I currently like in California High Desert which surrounds me with sand and Joshua trees. So arriving in Canyon Lake, Texas was an absolute pleasure with its exquisite lake views, forests and even deer roaming around like they own the place.
I was recently in Canyon Lake, Texas looking at real estate, deep in the heart of Texas Hill Country. Just north of San Antonio, Canyon Lake is one of the most beautiful areas I have ever seen. Now, just so you understand, I currently like in California High Desert which surrounds me with sand and Joshua trees. So arriving in Canyon Lake, Texas was an absolute pleasure with its exquisite lake views, forests and even deer roaming around like they own the place. more…
There are those who think the end is in sight, and point to indicators like the number of houses listed falling, and even small bubbles of real estate sales jumping back to near-average levels. It’s basic supply and demand. The terrible economy has affected the demand side of the equation drastically over the past several years. A bad business climate causing companies to move out of Michigan has resulted in fewer people looking to buy houses. Add on that the increasing economic demands of today’s market (think food, gas, heat, electricity), and you have the perfect conditions to affect one of the most important variables in the housing equation: demand, or the ability to buy a house.
Mississippi is the birthplace of the blues. Jazz, country, rock and roll, and Gospel have all been influenced by Mississippi. The birthplace of Elvis Presley, B. B. King, Bo Diddley, Jimmie Rodgers, Jerry Lee Lewis, Faith Hill, Tammy Wynette, Muddy Waters, and hundreds more have been musical pioneers in American music. more…
After speaking with my local realtor, Clint Isley of Blue Water Real Estate, I discovered that many people were in the same situation I was in. Looking to move my overpriced California home and get a larger Canyon Lake home for a fraction of the price the same home would cost in California. Clint, a true Texan in every shape of the word, gave me the real story about Canyon Lake real estate and the real estate industry around San Antonio. It appears that the main reason for the stabilized prices is that San Antonio is still undergoing economic growth despite the countries general ecumenical slow down or reversal and that has really stimulated the local Real Estate market to even out.
After speaking with my local realtor, Clint Isley of Blue Water Real Estate, I discovered that many people were in the same situation I was in. Looking to move my overpriced California home and get a larger Canyon Lake home for a fraction of the price the same home would cost in California. Clint, a true Texan in every shape of the word, gave me the real story about Canyon Lake real estate and the real estate industry around San Antonio. It appears that the main reason for the stabilized prices is that San Antonio is still undergoing economic growth despite the countries general ecumenical slow down or reversal and that has really stimulated the local Real Estate market to even out. more…
Next, look at the supply side of the equation. People are trying to leave Michigan because they can’t make ends meet or find jobs in general. That means they probably have to unload a house, unless they rent an apartment or a rental house. Add that to the number of new spec houses that builders are putting up in the ever-increasing build-sell cycle, and the supply of houses is very high. New listings are through the roof. And don’t forget houses that are being foreclosed on and listed by the bank at cut-rate prices. Those don’t help the home prices maintain, or grow at all.
He also cited that the demand for luxury living and peoples ability to sell overpriced properties and being able to walk right into a larger sized house for a lot less money really helped the influx of people to the area. more…
The conditions that we’re seeing in the western side of the state so far are looking good compared to 2007. There has been a 7% increase in existing home sales, and new home construction ahs slowed down considerably. The last indicator of a upturn in the market follows this, that being competitive offers. What we mean by this is that people are trying to outbid each other for properties, something that is a cumulative indicator of increased demand, decreased supply, and better economic conditions.
Music is everywhere here. Bluegrass, down-home fiddling, rhythm and blues, rock and roll, Gospel, jazz, and country find their way through every vein of Mississippi. You can travel the Mississippi Blues Trail and discover the lore, the roots, and the lives that have made Mississippi known for its Delta blues. One hundred and twenty markers blaze the trail for your journey, which as a resident you can travel and enjoy for years. more…
Plus, if you look at any newspaper in the state you’re likely to see a story about rising gas prices, companies shutting down or outsourcing, and the impending economic recession. Those types of stories don’t make people want to run to the bank and take out a new loan for a home, or even venture into the market and change the reality they know. People almost universally fear change, and changing where and what you live in is a pretty big one. Author Resource:- Allen is a part time real estate investor who follows the housing market in Grand Rapids. Look for more information on Grand Rapids homes for sale here.

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