Recent Blog Posts by Jared Hammond

March 2012 Residential Sold Information

Total MLS (Northern Michigan) 2011 2012 Number of Sales 85 92 Average Selling Price $182,655 $137,225 Median Selling Price $120,000 $90,000 Dollar Volume $15,525,740 $12,418,274 Units on Market 1,845 1,683 Average Days on Market 181 195

Residential Sold Information for January 2012

Northern Michigan MLS Residential Sold Information Total MLS                                   2011             2012 Number of Sales                      ...

Waste Management's co-founder and founding partner of Blockbuster lists local properties for sale

Lawrence (Larry) Beck, co-founder of Waste Management, Inc and a founding partner of once popular movie chain rental store Blockbuster, LLC, has listed his Harbor Springs home and acreage known as "Horseshoe Bend" along the Tunnel of Trees for sale in addition to his spectacular ranch known as Birchwood Farms.  These properties are a must see for any serious buyer looking for lake Michigan waterfrontage ...

The Most Expensive Properties on the Market

It's always interesting to see what's available for sale out there, and I'm always intrigued and entertained by viewing luxury properties.  Take a trip with me as we view the top 3 most expensive properties on the market in our area! 1. 2851 Camp Daggett Road, Petoskey, MI 49770 - $13,500,000 View more details and photos 3,000 waterfront feet on Walloon Lake!!!!! 135 acres 3 bedrooms 3 ...

Bay Harbor Foreclosure - Lake Michigan waterfront!

One of the most beautiful and spectacular homes in the area is bank owned and available to purchase at the time of posting!  Check the specs: 4090 Peninsula Drive - Petoskey, MI (Bay Harbor Village) 7 bedrooms 6 full bathrooms 2 half baths 4+ car garage 15,600 total square feet Lake Michigan water front Bay Harbor Lake water front with deep water boat dock Previously listed (2011) ...

2011 Year End Million Dollar Home Sales Review Harbor Springs

Home sales for properties listed at $1,000,000+ did very well this year in Harbor Springs.  Here's a recap of what sold, what it sold for, and how much of a discount we're seeing off the list price.  Is this a continuing trend for 2012? 1. E. Bluff Drive, Asking $1,350,000 - Sold $1,100,000 - Discount 18.5% 2. E. Bluff Drive, Asking $1,600,000 - Sold $1,150,000 - Discount 28% 3. ...

Market Stats Update

Market Statistics All MLS Statistics for: class="RE", LD, CI, MF AND Date Range=10/01/2010-10/31/2011 AND Area=HRB, LIT, PET, PEL; As Of: 10/25/2011 Class Bedrooms Current Active Avg List Price Avg DOM All All 2,122 $346,023 518 RE All 1,001 $490,676 330 LD All 900 $179,452 679 CI All 205 $381,757 728 MF All 16 $207,953 498 Class Bedrooms Total ...

Statistics Beware!

I see a lot of advertisements posting market data and statistics as a way to entice buyers and sellers to enter into the real estate market with a certain company or agent.  The problem with statistics, however, is that they can be manipulated in order to make things appear more or less desireable than they really are.  Statistics can be decieving when additional information is not provided ...

Birchwood Harbor Springs Foreclosure Coming Soon (Redemption ends soon)

This propery's redemption period ends 9/3/2011, and is sure to be an amazing value once re-listed. The home is located in Birchwood Farms Golf & Country Club just north of Harbor Springs, MI. It features 7 bedrooms, 6 bathrooms, and 2 half-baths with a finished walkout basement, billiards room, bar, entertainment room, game room, study, and views of the pond and green. Approx 7,400 total square ...

BAY HARBOR Public Auction Delinquent Tax Sale Emmet County

Lot 845 Emmet County Minimum Bid: $ 55750.00 This lot has been viewed 644 times. Back to Catalog W O W. Unfinished estate home in Bay Harbor !! GPS Map Link: Parcel ID: 52-18-09-110-115 SEV: $ 180,000.00 Local Unit Name: Resort Township Section: 9 Township: 34N Range: 6W Legal Description: COASTAL WOODS CONDO UNIT 15. NOTE CONDO PLAN #148 RECORDED L562 P535-594 ...

Foreclosure activity falls to 42 month low in May

Daily Real Estate News LOWESREALTORBENEFITS.COM LOWES MOVING LOWES.COM INMAN.COM DAILY REAL ESTATE NEWS June 17, 2011 Foreclosure activity falls to 42-month low in May Default notices drop to lowest monthly total since December 2006 By Inman News Inman News™ // Foreclosure-related ...

Boyne Highlands Town & Country Home

Short Sale Opportunity     4105 Arthur Hills Drive Harbor Springs Beautiful Town & Country home located on the Arthur Hills Course at Boyne Highlands. This home includes a large open floor plan with split stone two story wood burning fireplace as the center piece, cathedral ceilings, custom kitchen, first floor master suite with private ...

02503 Mountain RoadEast Jordan$10,995,000

Luxury Lake Charlevoix Estate     02503 Mountain Road East Jordan Located on the shores of beautiful Lake Charlevoix is “Point of View”, a magnificent estate, nestled on over 3000’ of sandy lake frontage and seventy acres of mature maples, aspens and pines. The hand scribed log home, guest house and stables are all tastefully ...

Lake Michigan Waterfront property

      7477 N Lake Shore Drive Harbor Springs Large waterfront parcel located north of Cross Village with a 1000 square foot cabin on the property. Great views of Lake Michigan, beautiful sunsets and lots of privacy can be enjoyed from this spectacular setting. MLS # 430237 Price $399,000 Status NEW Type Residential Water Front SchlDst Harbor ...

Birchwood Lots $1.00!

There are currently 10 Birchwood lots for sale asking for $1.00 (ONE DOLLAR!)  There is a Birchwood property transfer fee, but some of the sellers are also willing to contribute up to $4,000 towards the fee!!!  The total transfer fee is $10,000.  Association dues are $334/ month, and get you access to the club, golf, tennis, fitness center, walking/ cross country ski trails, etc! Link ...

8076 Ridgeview Court

Price reduced..Harbor Springs water view home     8076 Ridgeview Court Harbor Springs Large home with extensive decking and some of the best views around! Come look at this one of a kind home! Seller willing to contribute 3% closing costs. For special financing and incentives, seller requests potential buyers call Jon Lyons at 231-347-7711 MLS # 429883 Price $493,763 Status ACTIVE Type Residential SchlDst Harbor ...

Residential Sold Information Emmet County, March 2011

Emmet County sold information comparison March 2011 to March 2010: Number of residential units sold- March 2011- 50 2010- 42   Average / Median residential selling price 2011- $183,448 / $117,400 2010- $166,150 / $135,000   Dollar volume of residential sales 2011- $9,172,400 2010- $6,978,300   Number of residential units available 2011- 1086 2010- 1236

Foreclosure Proceedings

FORECLOSURE MORASS On April 21, 2011, the Michigan Court of Appeals published a decisionwhich may impact REALTORS® listing foreclosed properties and REALTORS®representing buyers who are purchasing or have purchased a foreclosed property.The decision involves two cases: Residential Funding Co., LLC v Saurman, Court ofAppeals No. 290248 and Bank of New York Trust Company v Messner, Court of ...

Boyne City - 06124 E Bay Drive

Property of the Day 3/21/11     06124 E Bay Drive Boyne City This impressive home enjoys 100’ of sandy frontage and expansive views of Walloon Lake. Complete with 4 Bedrooms, 3.5 Bathrooms and plenty of living space, this is the ideal location to host the whole family . The deep lot affords plenty of room for off-water recreation, while the home ...

9977 E Mitchell - Petoskey Real Estate

Petoskey Real Estate - 9977 E Mitchell     9977 E Mitchell Petoskey This magnificent country estate is situated 9 miles east of Petoskey in the middle of 43 acres over-looking a swimming pond stock with trout. The back 30 acres is wooded with hardwoods & the front 13 acres is sparcely wooded making it ideal for horses. Custom built home complete with ...

8680 Tall Timber Petoskey, MI

Petoskey, MI real estate property of the day 3/18/2011     8680 Tall Timber Petoskey Well maintained home located at the end of a cul-de-sac on a large wooded lot just east of Petoskey. Lots of extras. Hickory cabinets, wood floors, vaulted ceilings and beautiful landscaping. MLS # 429222 Price $159,900 Status NEW Type Residential SchlDst Petoskey County Emmet #Beds 3 #Baths 2 #HBaths 0 GAR ...

7780 Marion Drive Harbor Springs, MI real estate

      7780 Marion Drive Harbor Springs Lovely newer home in a private subdivision bordering the Harbor Point Golf Course on a large lot with sweeping views of Little Traverse Bay. Features include large gourmet kitchen, 2 fireplaces, pine floors, enclosed patio and circular driveway. Truly a wonderful home just outside the city limits MLS # 426175 Price $690,000 Status ACTIVE Type Residential SchlDst Harbor ...

Lake Michigan Waterview home Harbor Springs

Price Reduced...6750 S. Lake Shore Drive Harbor Springs, MI 49740     6750 S Lake Shore Dr. Harbor Springs An exceptional home overlooking Lake Michigan from a private blufftop; just outside Harbor Springs, adjacent to Birchwood Farms. This home was carefully designed for its setting, and beautifully constructed, decorated, and landscaped. MLS # 428105 Price $1,100,000 Status ACTIVE Type Residential SchlDst Harbor ...

Walloon Lake Waterfront Property

    4328 Cottage Grove Petoskey Elegant cottage living in one of Walloon's most desirable areas, this 5,800 sq. ft. custom home has 6 bedrooms plus a 936 sq. ft. carriage house with another bedroom, living room, and a kitchen above the oversized garage. Situated on 160 feet of prime waterfront overlooking Walloon's deepest water, with western exposure ...

7350 Spring Street Alanson, MI Real Estate

Alanson Condos / Apartments / Business Opportunity!               427169 $595,000 7350 Spring Street Alanson MI For Sale 6.00 At Close Littlefield 10 T35N, R4W Emmet Y Y Commercial Crooked River Y 7/28/2010 10:37:00 AM $675,000 41-17-10-100-051/009 288 18 12 0 6 2008 Y 49706 Y 8850 Y Y From US-31 & ...