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

Five Great Summer Outdoor Tips for Greater Lansing Michigan Homeowners

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  Landscaping for Curb Appeal

  A well-landscaped yard creates curb appeal and helps your property retain maximum value. Read
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  7 Gardening Mistakes to Avoid

  Novice gardeners can get their landscapes off to a healthy start by heeding some tried-and-true tips from the pros. Read
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  Lawn Maintenance Calendar

  Regular lawn maintenance gives your home maximum curb appeal and preserves the value of your property. Read
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  Save Money with Your Edible Garden

  An edible garden featuring vegetables and herbs can save you a bundle if you keep it simple and raise plants that offer high yields. Read
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  10 Tips for Saving Money in the Garden

  Smart landscaping strategies can save you money while they add to the curb appeal and value of your home. Read

Visit houselogic.com for more articles like this.

Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®

 “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: 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

Good News for Greater Lansing Michigan Area Real Estate Market

Good News for the Greater Lansing, Michigan real estate market this past week. First take 30 seconds to see why the Lansing area is a great place to live, work, and play.
Then, note that Lansing-East Lansing, Michigan ranked in the top 10 most affordable areas in the country.




Here are the 10 most-affordable areas:
1. Kokomo, Ind.
2. Lansing-East Lansing, Mich.
3. Mansfield, Ohio
4. Elkhart-Goshen, Ind.
5. Lima, Ohio
6. Bay City, Mich.
7. Indianapolis-Carmel, Ind.
8. Saginaw-Saginaw Township North, Mich.
9. Youngstown-Warren-Boardman, Ohio-Pa.
10. Canton-Massillon, Ohio

On a national level contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the NATIONAL ASSOCIATION OF REALTORS®. You can also see how national 30-year Fixed Mortgage Rates Continue to Fall. Pending Home Sales are on a Record Roll in the greater Lansing area also.

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.

"Expect the Best" Mike
Search Homes Here

Lansing Sellers: Improve Your Home's Curb Appeal

Thinking of selling your home in the greater Lansing real estate market? Find out 5 tips on how to make your home more appealing to those passing by as well as potential buyers in this video from This Old House.

Home sellers who are thinking of moving up, may have a wonderful window period here for the next six month’s to sell their house and buy another one. If you woud like to know the value of your home in today’s market, look at your options, or learn more about the above marketing program, feel free to contact me for an appointment.

“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

Discover Coldwell Banker On Location

Coldwell Banker Real Estate LLC has launched an innovative branded YouTube channel designed to offer consumers a new way to search for and interact with real estate information and listings.

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: MikeBowler.com
Search Listings

Housing Opportunities for the Delhi Township, Holt, Real Estate Market - Timing is Money!

Delhi Township, Holt,real estate buyers and sellers do have opportunities in this market today. Crisis or no crisis, people still can move up or buy that first home. The large number of homes available for sale provides home buyers with a wide range of choices. Interest rates remain low. Affordability has improved in many markets. I think this is the smartest time to buy a home in my 30 years of marketing real estate.
Home inventory dropping almost 10% over the past 6 month’s is a sure sign that we may be reaching the bottom of this challenging market that we have experienced over the past 24 months.

Preparing your home for the spring market is very important to compete in today’s market. The Home Sellers Tool Kit will give you some great ideas to get you prepared for selling this year.
You may be thinking, is it a good time to sell my home and buy another? We have to remember that homes are selling when they are well prepared for sale and priced right. The reason is because people buy and sell homes for lifestyle reasons. Births, marriages, new jobs, retirement and others are all drivers. Following the advice of a full-service professional, who knows market conditions and a home’s competition, is critical in readying a home for sale.

First time home buyers receiving the tax credit which will be the lesser of either 10% of the home’s cost or $8,000 also contributes to the reason for buyers to start shopping. This will be available to qualified first time home buyers – and those who have not owned for at least 3 years - for the purchase of a principal residence in 2009. The credit does not have to be paid back if the buyer stays in the home for at least 3 years. This could have the domino effect to allow sellers to begin moving up to that larger home and selling their house, which they may have out-grown.

So, is “Now the Time To Make Your Move” I think so, however, much depends on your current situation, motives, and ability to qualify for the new, tight credit market. It may take a team of professionals to help you make some of these important decisions.

Our market could change soon, (or maybe not) as prices begin to climb back up, interest rates begin to rise, and inventory continues too go down. Is that when we will be back into a normal market? Not really. There is no such thing as a bad market or good market; there is just a market. Supply and demand is what made this the best country in the world to own real estate.

Mike Bowler Sr. ePRO, CRB, GRI, SRES
Coldwell Banker Hubbell Briarwood
1020 S. Creyts Road, Lansing, MI 48917
517-492-3400
mailto:mike@mikebowler.com
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.

Five FREE Home Seller Reports - Lansing Area Sellers

“Profit occurs when preparation and experience meet opportunity."

When it’s time to sell, you must be confident that every element of negotiating the best terms and the highest price has been set before your home is even listed.

Start with the resources I can provide you. There is no charge for this information. These will help get you started in terms of assessing your real estate situation and planning for a stress-free and successful sale.

The real estate market in the greater Lansing area is volatile, especially lately, and it takes an experienced professional to move your house quickly, professionally, and profitably.

When you’ve decided to sell, I will be your advocate, your guide, and your fierce negotiator. I will work hard to make yours a great sale.

I look forward to it.

"Expect the Best"
Mike Bowler Sr.
Coldwell Banker Hubbell Briarwood

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.