Don’t Wait To Sell Your House in Greater Lansing, Michigan

We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those who are ready to do so. Whatever the move you want to make looks like, here’s an overview of what’s creating the prime opportunity to sell this summer.

High Buyer Demand

Demand is strong, and buyers are actively searching for homes to purchase. In the Realtors Confidence Index Survey published monthly by the National Association of Realtors (NAR), buyer traffic is considered “very strong” in almost every state. Homebuyers aren’t just great in number right now – they’re also determined to find their dream home. NAR shows the average home for sale today receives five offers from hopeful buyers. These increasingly frequent bidding wars can drive up the price of your house, which is why high demand from competitive homebuyers is such a win for this summer’s sellers.

Low Inventory of Houses for Sale

Purchaser demand is so high, the market is running out of available homes for sale. Danielle Hale, Chief Economist at realtor.com, explains:

“For most sellers listing sooner rather than later could really pay off with less competition from other sellers and potentially a higher sales price... They’ll also avoid some big unknowns lurking later in the year, namely another possible surge in COVID cases, rising interest rates and the potential for more sellers to enter the market.”

NAR also reveals that unsold inventory sits at a 2.4-months’ supply at the current sales pace. This is far lower than the historical norm of a 6.0-months’ supply. Homes are essentially selling as fast as they’re hitting the market. Below is a graph of the existing inventory of single-family homes for sale:At the same time, homebuilders are increasing construction this year, but they can’t keep up with the growing demand. While reporting on the inventory of newly constructed homes, the U.S. Census Bureau notes:

“The seasonally‐adjusted estimate of new houses for sale at the end of April was 316,000. This represents a supply of 4.4 months at the current sales rate.”

What Does This Mean for You? 

If you’re thinking of putting your house on the market, don’t wait. A seller will always negotiate the best deal when demand is high and supply is low. That’s exactly what’s happening in the real estate market today.

Bottom Line

As vaccine rollouts progress and we continue to see the economy recover, more houses will come to the market. Don’t wait for the competition in your neighborhood to increase. If you’re ready to make a move, now is the time to sell. Let’s connect today to get your house listed at this optimal moment in time.

Mike Bowler 
Keller Williams Realty
Associate Broker
517-755-8168
www.MikeBowlerRealEstate.com
Mike@MikeBowler.com

Real Estate Market Update, Greater Lansing, Michigan

The Greater Lansing real estate market update for March 2, 2010. The Greater Lansing area is a great place to live, work, and play. We are showing signs of increased sales as the inventory continues to become lower also. last year at this time there was 11 months supply of homes, which is down to 7 month today. Now that's good news. The home buyer tax credit expires April 30, 2010 which has also been a contribution to pending sales. Transaction written prior to the deadline must be closed by June 30, 2010.



Buying or selling a home in todays market requires someone who knows what they're doing and will work hard to get the job done. My knowledge of the real estate market, negotiating skills, and ability to listen to clients' needs and desires keep me ahead of my competition.
Mike Bowler Sr. ePRO, CRB, GRI, SRES
Coldwell Banker Hubbell Briarwood
1020 S. Creyts Road, Lansing, MI 48917
Phone: 517-492-3400 Fax: 888-832-6203
Mike@MikeBowler.com

Search Listings

iPhone Technology Will Change Real Estate Marketing Forever in the Greater Lansing Area

Buying or selling a home in today’s greater Lansing, Michigan real estate market can be complicated without having the proper expertise and guidance throughout the process. Technology is changing rapidly for marketing homes with syndication, iPhone technology, text messaging, and other consumer centric tools that are bringing more information, quicker, to home buyers. Here's 2 iPhone apps that play a big role in home finding, financing and other on the spot answers for the agent, home buyer and seller. Enjoy your tour.

Trulia just released an updated version of the Trulia iPhone App and a brand new mobile web site accessible on every mobile phone! Now it’s even easier to find homes for sale and other real estate info on the go.



View real estate information on every home around you — as you move — using the Zillow iPhone App. It's free! Walk or drive through a neighborhood and see Zestimate® home values, homes for sale, recently sold homes, Make Me Move® homes and more.



Internet marketing with websites, Blogs, and social networking is a paradigm shift that requires re-tooling marketing strategies of real estate companies and agents. I am prepared to employ the latest techniques and services for your benefit, just like you've grown to expect from a professional. Real estate transactions are complex, involve large assets and demand competent representation. Now, in today's market it requires an Internet marketing specialist to get you proper exposure on your home and help you get happily moved.

"Expect the Best" Mike

Delta Township, Greater Lansing, Michigan Real Estate Market & the Nation

Discover the 2009 Coldwell Banker Home Price Comparison Index, the annual survey that compares home prices across the country.



The average sale price in Delta Township, greater Lansing, Michigan real estate market has dropped again over the past month, with activity in pending sales on the increase.



“Expect the Best” Mike

Mike Bowler Sr. ePRO, CRB, GRI, SRES
Coldwell Banker Hubbell Briarwood
1020 S. Creyts Road, Lansing, MI 48917
Phone: 517-492-3400 Fax: 888-832-6203
Mike@MikeBowler.com
Website for Clients
Search Listings

Lansing, Michigan, Great Housing News

News You Can Use for preparing to Buy or Sell a Home in the greater Lansing, Michigan Area and surrounding communities.

Federal Reserve proposes changes to Truth in Lending Act

US housing recovery seen possible now

The New (MDIA) Will DRASTICALLY Change Your Real Estate Business On July 30th

30 Year Fixed Rates Drop today

Governor Granholm Announces Four MSHDA Programs for First-Time Home buyers Federal Funds to Encourage Home ownership and Revitalize Neighborhoods

RISMEDIA, July 28, 2009-(MCT)-First-time home buyers and those thinking about refinancing are in a great place.

Buying or selling a home in today’s greater Lansing, Michigan real estate market can be complicated without having the proper expertise and guidance throughout the process. Community information - about service - restaurants, services, parks, things to do, tourist stuff, local government and issues, buildings, and development projects, are only a few of the many services you should expect from your Realtor. Visit my website for tips that will assist you.

“Expect the Best” Mike

Mike Bowler Sr. ePRO, CRB, GRI, SRES
Coldwell Banker Hubbell Briarwood
1020 S. Creyts Road, Lansing, MI 48917
Phone: 517-492-3400 Fax: 888-832-6203
email: Mike@MikeBowler.com
Website for Clients
Search Listings

Cap and Trade Bill - Housing and Real Estate - Look Out Americans

The Cap and Trade Bill bill passed by a narrow margin of 219-212 only after 300 pages of amendments were added to satisfy members of Congress from agricultural and industrial areas at 3 a.m. in the morning.

Congressmen with constituents with rural electric coops, bio-fuel producers, farmers and ethanol producers secured a number of free credits for those folks to bring them around. That pushed the bill to more than 1,200 pages, think again, if you believe members of Congress had time to thoroughly examine the bill before a vote was called.

I see another nail in the coffin being placed for the housing industry with new regulations being placed on homeowners, appraisers, mortgages, and Realtors. The new home standards and bringing your existing house up to these new standards prior to selling is yet to be seen.

Here we go, back to school. Watch the video and tell me what you think! Representative John Boehner discusses this bill with regards to housing. It's Insane!




“Expect the Best” Mike

Mike Bowler Sr. ePRO, CRB, GRI, SRES
Coldwell Banker Hubbell Briarwood
1020 S. Creyts Road, Lansing, MI 48917
Phone: 517-492-3400 Fax: 888-832-6203
email: Mike@MikeBowler.com
Website for Clients
Search Listings

This home is the best buy in East Lansing. Seller says bring all offers.

This home is the best buy in East Lansing. Seller says bring all offers. Don’t wait on this wonderful 1728+ Sq. Feet, four bedroom home with 2 1/2 baths, formal dining room, formal living room and spacious family room to enjoy a cozy fire anytime with the gas log fireplace. Great kitchen with ceramic floor, laminate counters and refaced cabinetry adjacent to both dining areas. This is an opportunity of a lifetime for the large family who needs lots of bedrooms, storage, near a neighborhood park and a nature trail right out your backdoor. Fabulous neighborhood that is convenient to MSU, Lansing, East Towne centre, and much more. Additional features include: Master bedroom with walk-in closet and full bath. Glass French doors leading from ceramic foyer to living room and family room. Enjoy the finished recreation room in the basement with cedar closet and with tons of storage space. By having a nice corner lot, side load garage, and huge deck, this under-priced home creates an easy to maintain yard for those who would want to enjoy the amenities in this great neighborhood.

"The trouble with our times is that the future is not what it used to be"

"The trouble with our times is that the future is not what it used to be". Paul Valery He is best known as a French poet who made the above statement and contributed much to society. Those of us in the real estate business, mortgage business or consumers attempting to sell their homes can relate to this quote. Real estate is not what it used be, and probably never will be. These are certainly challenging times for everyone. Regardless of where I go, what I read, or listen to, it seems to ring with the negativity that comes with mediocrity. Are we as a nation wailing in our own self pity, or are we going to be part of the solution. Real estate markets are just that, real estate markets. There is no such thing as a good market and a bad market, it's just a market. Supply and demand have always controlled the price of housing.

Now, granted it does not help having troubled financial institutions, politicians talking out of both sides of the mouth, or funny money be created by our Government. Between these fiascoes and the media consistently driving bad news down our throats 24 hours a day, it is challenging to stay positive. I can assure you one thing, that is, from 2000 to 2006 when home prices were going through the roof, mortgages were provided to anyone who could fog a mirror, and homes were having two and three offers written on them, no one complained. You can go back in history and see a similar pattern in the 70's. 80's and 90's. Yes the future is not what it used to be, however, it does resemble the past.

I have a sign that hangs above my desk, that I am in the habit of reading each and everyday. It says: "Tough Times Never Last, Tough People Do!" quoted off a Book title written by, Robert H. Schuller back in the 80's. Another little reminder that I have hanging there is a sign that says, "I must do the most productive thing possible at every given moment". Tom Hopkins. Tommy was an inspiration to my real estate business and life in general back in the early eighties and still is today. When interest rates were 18% people thought the sky was falling, however we survived.

You may ask, who this post is meant for? It's meant for all of us. If we want to make this world a better place to live, we need to start at home. We need to go help a friend, neighbor, or shelter down the street. We need to share our experiences, our smile, and our attitude with others. We need to get out of our own head and be of service to other people. I believe, that our world will change, when we do. What do you think?

Selling a Home in Delhi Township, Holt, Michigan, FREE Reports

Selling your home is an involved process that affects your family and your future. Before you begin this process, you'll want to ensure that you have the most up-to-date information. When should you sell? How do you get the best price? What kinds of renovations should be made prior to the sale?

These home selling reports will assist you in answering the many questions that arise during the home selling process. When you're armed with the right information, and an experienced real estate professional, you'll be closer to reaching your goal - selling your home fast, and for the best price.

"Expect the Best" Mike
Coldwell Banker Hubbell Briarwood

Real Estate Marketing 101, No, Try 2008

As an ePro and real estate Blogger I find it very important in today’s market to connect and network with those who believe in the power of the Internet to enhance their business and career. I have found that it does not matter where I happen to be focusing my business on for that day in the greater Lansing area, I can post an article about the real estate business in that area to benefit my clients, customers and Realtor friends who believe in technology. Delta Township, Grand Ledge, and Delhi Township have been key areas that I have hyperlinked into my website for clients to obtain demographics and other great information about those communities. Point2Agent Websites have been a plus for Realtors because of the high search engine rankings and the idea of handshakes that Realtors can do with each other to co-operate on listings.

Much of what I have written above may sound of beat to what you have been use to over the years for real estate marketing, however times have changed rapidly over the past few years and will continue to evolve into what we call the Web2 stage where you, our customer will have a better opportunity to participate in this exciting new world of Real Estate Technology. Here are a few samples: a Squidoo lens to promote a property, A HubPage is yet another tool, and then of course the Blog is a great way to promote a listing.

Delhi Township, Holt Real Estate, Preparing Your Home for Sale

First impressions make a significant impact on a buyer’s decision-making process! Once your home goes on the market, it becomes a product. Home Styling or Staging simply allows you to highlight the best of your home and de-emphasize its flaws. It’s not about decorating, but actually turning your home into a model, to appeal to the broadest range of prospective buyers. The goal is to make people feel like they could live there, and the best way to do this is to “neutralize” the surroundings.

Try out these helpful styling tips taken from Setting the Stage - REALTOR® Magazine Online. They’ve compiled the best tips from stagers and real estate pros—things you can do for little or no expense—to put a home in prime showing shape.

*Clear out closets and clutter—sellers can give away or pack up toys, linens, and small kitchen appliances to store offsite. Buyers are also forgiving of storage boxes neatly tucked away in a garage or basement.
*Focus most on the most visible areas—the foyer, kitchen, living room, master bedroom, and family room.
*De-personalize the home by removing photos, mementos, and dated items.
*Use plants in colorful pots or inexpensive wicker baskets to fill in empty spaces.
*Look to home catalogs for little details on beautifying the home. For instance, group books, pictures, and objets d’art appealingly on bookcases.
*Try angling one or two pieces of furniture slightly and move furniture 4 inches to 6 inches from the wall to create more interesting room spaces.
*Put away large collections— porcelains, plates, and so on.
*Remove valuables, prescription medicine, collectibles, and breakables.
*Trim trees, prune shrubs, and make sure the lawn is mowed and watered regularly.
In summer, turn on the sprinklers for five minutes, 30 minutes before the open house. It makes the lawn and driveway sparkle.
*Refrain from cooking anything that leaves a distinctive odor, such as fish, garlic, or cabbage.
*Hire a professional service to clean the home, including the carpets and the windows.
*Set the dining room table with attractive linens, dishes, and stemware.
*Arrange fresh or silk flowers throughout the home.
*Light a fire in the fireplace in fall and winter.
*A mirror in a pretty frame can make a small room feel more open.
*Use as much natural light as possible. Add extra lamps in dark rooms or corners.
*Make functional repairs—fix dripping faucets, sticking doors, and broken fences.
*Bring in another pair of eyes—even if it’s not a professional stylist. The person may see problems you and have missed.

Visit my website for addtional ideas on preparing your home for sale & establishing value.