- December 26, 2021
- Posted by: Stratford Team
- Category: Business
TRAVERSE CITY — The real estate buying frenzy remains in full force in northwestern Lower Michigan as 2021 draws to a close.
“I put a house on the market yesterday morning around 11 o’clock,” ReMax Bayshore Realtor Matt Dakoske said this month. “I have 10 showings scheduled already in less than a 24 hour period. The guy that’s gonna win is cash, above sales price, limited inspections.”
It has been a sellers’ market throughout 2021, with home sales typically closing at prices above those asked. Sales are running fast and furious, with no sign of slowing.
“The only stuff that’s not selling is stuff that’s got serious problems or stuff that’s just way overpriced,” said Kim Pontius, CEO of Aspire North Realtors, the region’s real estate association….
