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"Expect the Best" Mike
Showing posts with label home selling. Show all posts
Showing posts with label home selling. Show all posts

Wednesday, June 16, 2021

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

Don’t Wait To Sell Your House | MyKCM


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:Don’t Wait To Sell Your House | MyKCMAt 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


Saturday, May 1, 2010

Why Internet Marketing is Important for Your Home in Greater Lansing, Michigan Area

Real estate transactions are complex, involve large assets and demand competent representation. My goal is to provide you with the latest marketing systems, technology and a high level of customer satisfaction to get you happily moved into your new home or to sell your existing home. Review the slides and feel free to contact me f you have questions.
Email: Mike@MikeBowler.com

Tuesday, March 16, 2010

Real Estate Market Update March 16, 2010 Greater Lansing, Michigan

The greater Lansing Association of Realtors YTD stats were shared today at the general sales meeting of Coldwell Banker Hubbell BriarWood who meet once a month for industry updates, programs, and financial mews. The Greater Lansing Real estate market has positive numbers adding up as we near the expiration date (April 30th) of the home buyer tax credit.  A whopping 21.89% increase over last year for volume and 16.76% increase in average sale price. Interest rates are at 5.15% today.

Two of the positive signs shared by Matt Bowler, general Sales manager were average sale price in residential increasing to $94,755.00 up 14% over last year and Residential Market Surplus at 11.25 months  down over last year. What that means to sellers is that right now there is less competition on the market and pricing has somewhat stabilized compared to the big drop in pricing in 2009. 

If you are interested in learning more about marketing your home in the greater Lansing real estate market and determining if now is the right time for you, feel free to contact me for a no obligation review of your current real estate wants and needs.

"Expect the Best" Mike

Tuesday, March 2, 2010

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

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Monday, September 14, 2009

Greater Lansing Area Real Estate Market Turning for Buyers and Sellers

Greater Lansing home buyers and sellers can begin to smile as sales continue to perk up over last year and the market begins to bottom out for what I would consider a strong 4th quarter coming to buy or sell real estate in the Greater Lansing area real estate market.

Lawrence Yun, NAR chief economist, said the housing market momentum has clearly turned for the better. “The recovery is broad-based across many parts of the country. Housing affordability has been at record highs this year with the added stimulus of a first-time buyer tax credit,” he said.



NAR estimates that about 1.8 to 2.0 million first-time buyers will take advantage of the $8,000 tax credit this year, with approximately 350,000 additional sales that would not have taken place without the credit. Buyers have little time to act because they must complete the transaction by November 30 to qualify for the credit. Unless extended, contracts signed but not completed by that date will not be eligible – it is taking approximately two months to complete home sales in the current market.

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 services, restaurants, parks, things to do, tourist information, local government and issues, buildings, and development projects, are only a few of the many services you should expect from your Realtor. You can obtain additional information on buying and selling at my website.

“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
Emailto:Mike@MikeBowler.com

Friday, July 31, 2009

Selling a Home in the Greater Lansing Michigan Area Takes Preparation

Selling a home in the greater Lansing real estate market takes preparation and staging. Find how to properly stage a home when you're getting ready to sell from one of the premiere home stagers around. Hope you enjoy.



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 information, 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
Search Listings

Thursday, July 9, 2009

Real Estate Pro & Connected Consumer

A Real Estate Professional must meet the needs and expectations of the Connected Consumer. The rules of business are changing in our industry, with nearly 90% of all buyers searching the Internet prior to contacting with an agent. It is imperative that practitioners of our business become savvy on what is available to them for marketing real estate. That's why I use the iPhone to help market sellers homes.



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 http://mikebowler.com 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

Wednesday, June 3, 2009

Selling a Home in the Greater Lansing Michigan Area Requires a Well Explained Marketing Plan


A Real Estate Professional in the greater Lansing real estate market must meet the needs and expectations of the Connected Consumer. The rules of business are changing in our industry, with nearly 90% of all buyers searching the Internet prior to contacting an agent. It is imperative that practitioners of our industry become savvy on what is available to them for marketing real estate.

Buying or selling a house in the greater Lansing area is much more convenient with search engines like Google, Yahoo, MSN, and the dozens of other smaller ones available. Technology has revolutionized the way buyers, sellers, real estate agents and most ancillary type real estate businesses operate in today’s world of buying and selling.

Syndication is becoming one of the fastest growing listing advertising mediums on the Internet today. Giving your home maximum exposure just makes sense and Point2Agent has the largest syndication network in the real estate industry, with new partners being added frequently.
Here's a sample of how a property is promoted by myself on Point2Agent.

Linking to demographics for Delta Township or Delhi Township are two examples of individual sites REALTORS have available as a service to today e-consumer, provided they understand technology, websites, Blogging, search engine optimization and all the other areas of real estate Internet marketing that is a must in today’s changing market. Searching all inventory available in the greater Lansing area needs to be at the stroke of one link, in order to give the best service available.

Many programs are available today for agents to market properties in specific locations, styles or targeting specific buyers. Postlets is one of my favorite when it comes to promoting a featured home or several. Agents also have the opportunity to use a company called SawItOnLine which produces a Gallery of Homes and than sends them out to many portals and sites with what we call syndication of listings.

Real estate markeking is not for those who dabble or are not keeping up with the changes, Sellers and buyers need someone who knows what they’re doing and will work hard to get the job done. Make sure for your financial welfare, that the real estate agents you interview prior to selling your home have knowledge of the real estate market, negotiating skills, and ability to listen to your needs and desires. A well explained marketing plan that includes Internet technology is a must by any Realtor.

"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

Saturday, April 25, 2009

Why Internet Marketing of Your Real Estate is Important to Greater Lansing Home Sellers


The days are gone of just putting a sign in the yard and selling your house. With over 85% of all home-buyers shopping the Internet prior to contacting a Realtor, it is imperative that your Real estate agent provide syndication from their website to offer better search engine exposure.

Point2Agent is A powerful, professional, and customized online presence to grab the attention of potential buyers. Everyone knows having a website online is very important. Making sure your website is sticky and packs a punch is even more valuable to being successful online. That's why sellers should make sure that real estate agents are providing the widest amount of Internet marketing exposure available in today's market.

My Point2 Agent website provides the seller with a powerful suite of website tools that allow me to have the customized, professional online presence I need and to properly market a home for sale in a competitive market.

With the highest number of syndication partners available and more being included all the time, Point2Agent also provides me with a competitive edge above other real estate professionals. Syndication gives me an advantage that is clear to sellers.

In addition to Point2Agent I like SawItOnLine and Postlets, These programs allow sellers and buyers to obtain updated information on properties, new liistings and many pictures. Syndication out to additional sites by all three of these programs also allows for my listings to be advertised across multiple popular home search sites with just a click of the mouse.

Real estate agents today need to be Internet savvy with the best tools to properly market a sellers home. a few snap shots of the house is not sufficient when most major portals accept up to 30 pictures, plus a virtual tour of the home. The key for getting your home the most exposure in today's market is to ask the right questions and have your Realtor demonstrate an Internet marketing plan on where your house will be promoted.

"Expect the Best" Mike

Thursday, July 10, 2008

Selling Your Home in The Greater Lansing Real Estate Market


Selling your home can be more likely in today’s market using the proper marketing programs and the Realtor who believes in technology. Yes, homes sell based on price, location and features, however it takes exposure as well. Here are some questions to ask your Realtor.
1. With more than four out of five home-buyers using the Internet to find their new home, which sites are you going to post my property on and how many?
2. Which multiple search platforms will you attract attention to my property with? Will you use Google, Yahoo, and MSN search engines that control the majority of the business.
3. How many photographs will you place on your website promoting my property? Will it be 10-20 or 30 various snap shots of different rooms of my home?
4. Will you post on your Blog about my neighborhood, community and my house in general to drive traffic toward your website, which increases exposure?
5. Do you have network partners like Facebook, Googlebase, Craigslist and Trulia who have national exposure in some of the busiest marketplaces?

By subscribing to some of the most effective real estate technology available a Realtor can give your home more exposure then has ever been available to effectively attract potential buyers. That’s why I use Point2NLS which automatically places potential buyers in a communication program so that I am sure to maintain friendly contact with them, encouraging more repeat visits to my website and more repeat viewings of your listing.

"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

Friday, July 4, 2008

Real Estate Disclosures for Eaton County


When selling your home, you may be obligated to disclose problems that could affect the property’s value or desirability. In Michigan, it is illegal to fraudulently conceal major physical defects in your property, such as a basement that floods in heavy rains. And many states now require sellers to take a proactive role by making written disclosures on the condition of the property. Today Realtors in the greater Lansing area are required to provide you a four page seller disclosure form that you fill out in your own handwriting that becomes your statement of of disclosure for condition of the property. This is not a substitute for for any inspections or warranties the Buyer may wish to obtain when they place an offer on your home. Other disclosures may include: a lead-based paint disclosure, a well and septic evaluation, and others. You can be better prepared to sell your house by having a pre-home inspection, placing a home warranty on your house, and using the full disclosure opportunities we provide in today's market. If you have questions on these issues or any other related questions about selling your house in today's market, feel free to visit my website.
"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

Tuesday, May 6, 2008

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