The #1 Reason To Sell Your House Today in Greater Lansing, Michigan

Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply.

Purchaser demand is very strong right now. The National Association of Realtors (NAR) just released their latest Existing Home Sales Report which reveals that sales surged in January. Existing home sales rose to a seasonally adjusted annual rate of 6.5 million – an increase of 6.7% from the prior month, with sales up in all regions. However, there’s one big challenge.

Inventory Is at an All-Time Low

Because purchaser demand is so high, the market is running out of available homes for sale. The above-mentioned report states that the current months’ supply of inventory of homes for sale has fallen to 1.6 months. This prompts Lawrence Yun, Chief Economist at NAR, to say:

“The inventory of homes on the market remains woefully depleted, and in fact is currently at an all-time low.”

Earlier this month, realtor.com released their inventory data for January. It helps confirm this point. Here’s a graph comparing inventory levels for January over the last six years:

As the graph shows, new listings coming on the market have decreased over the last four years (shown in blue in the graph). The graph also reveals that carry-over inventory has plummeted in recent years. This is because listings are now sold so quickly, they don’t stay on the market long enough to carry over month-to-month (shown in green in the graph). In other words, homes are not staying on the market for months as they had prior to the pandemic. In the report mentioned above, NAR reveals that:

“Seventy-nine percent of homes sold in January 2022 were on the market for less than a month.”

Odeta Kushi, Deputy Chief Economist at First American, explains it like this:

“A higher velocity of sales (lower [Days on Market]) helps to explain a housing market characterized by both higher sales & lower inventory. Many resale transactions are happening so quickly that they ‘flow’ in & then out of the ‘stock’ between the fixed monthly measurement of inventory.”

What Does This Mean for Sellers?

Anyone thinking of putting their home on the market shouldn’t wait. A seller will always negotiate the best deal when demand is high and supply is limited. That’s exactly the situation in the real estate market today.

Later this year, inventory (and by extension, your competition) will increase as many homeowners are waiting to put their homes on the market in the spring and early summer.

In addition, Len Kiefer, Deputy Chief Economist at Freddie Mac, says:

“Housing starts start off 2022 strong, just edging out 2021 for most in January since 2006.”

As these newly built homes are completed, they will also become competition for your house. This gives you a tremendous opportunity right now. Don’t wait for that increase in competition in your area. If you want to sell in 2022 and are ready to start the process, today is the day to list your house.

Bottom Line

If you’re ready to sell, let’s connect to get your house on the market while today’s inventory situation is in your favor.

Mike Bowler - Associate Broker
Keller Williams Realty
6452 Millennium Dr. Lansing, MI 48917
517-755-8168
www.MikeBowlerRealEstate.com
Mike@MikeBowler.com
Blog: www.MikeBowler.net

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Five Great Summer Outdoor Tips for Greater Lansing Michigan Homeowners

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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
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Zillow for iPad Adds Just One More Cool Tool for Real Estate

The real estate industry has gone through a tremendous paradigm shift over the past 5-10 years, including the Greater Lansing real estate market. Here's one bold real estate browsing experience built specifically for the iPad's interactive multi-touch device.


Most savvy real estate agents are staying abreast to Web2-3 functions that allow our consumers to have a better user experience and get all of the information they need from us. Examples include searching for homes, community information, calculators, demographics, customer testimonials, real estate news, ancillary services, and instant communication, to name a few.

"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

Search Listings

For Sale: 6BR/2.5BA Single Family House in Grand Ledge, MI, $159,900

For Sale: 6BR/2.5BA Single Family House in Grand Ledge, MI, $159,900

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Simple Steps for First Time Homebuyers

Greater Lansing Real Estate Buyers and Sellers, "Now's the Time to Make Your Move" 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. Marketing properties, home selection and financing are just a few of the skills today's consumer looks for when they select a real estate professional.

I am prepared to offer my clients the knowledge and expertise to counsel them in relocating, buying, investing or selling the family home.
In today's market, you need 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
email: Mike@MikeBowler.com
Website for Clients: MikeBowler.com
Search Listings

Greater Lansing Area Real Estate - Ask Questions Prior to Selling or Buying

Lansing Michigan real estate buyers in today's home market want to have access to houses for sale, with plenty of information and lots of pictures.

It amazes me to no end that you can still visit real estate websites to find no pictures or very few. Even Realtor Boards and MLS Services sometimes limit the number of photos to 8 or 10. A large percentage of the houses have more rooms than that, let alone community photos that could be included, landscape, amenities of the neighborhood, schools, and parks.

The real estate professional must meet the needs and expectations of the Connected Consumer. The rules of business are changing, especially in the real estate industry. Consumers need to start asking more questions and expecting more results from the Realtor, when it comes to marketing their home. With Syndicated websites, major portals, search engine marketing, and social networking sites that drive more traffic to the listing, their is no excuse for apathy in our industry any longer. All real estate agents have had a great opportunity over the past few years, in a slower market, to get re-educated and trained in Internet Marketing for real estate, but few have been willing to pay the price or devote the time necessary to become Internet savvy. That's not all that bad, for they will be left in the dust, when the market turns.

Real estate agents today need to be Internet savvy with the best tools to 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 anyone selling a home 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.

The e-PRO Certification Program will establish a baseline of online competence, and it will also introduce its students and graduates to the best aspects of Online Community...the Internet is about the power of people connecting with people. However, this is just a beginning for any agent who is in this business for the long haul. What's your thoughts?

The greater Lansing area real estate Seller's today, need massive exposure to their listed home, to get the most exposure. 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.

Each agent should be able to explain their Internet marketing plan prior to being hired to sell your home.

Website Syndication, Photo sharing, vitual tours, Blogging, Social networking for business, Search engine marketing, and optimization, are only a few of the many complex, yet simple systems that will get your house the best exposure in today's market. Real estate transactions are complex, involve large assets and demand competent representation. Marketing properties, home selection and financing are just a few of the skills today's consumer looks for when they select a real estate professional. Make sure your Realtor is prepared to offer you the knowledge and expertise to counsel you in relocating, buying, investing or selling the family home, using the most up to date technology and Internet tools.

Your Realtor should be prepared to employ the latest techniques and services for your benefit, just like you've grown to expect from a professional.

"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

Delta Township, Michigan, Home Sellers - 4 New Reports Available

Selling your home in the greater Lansing real estate market 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. Get all four right here!

Common Selling Mistakes - Learn the top nine selling mistakes, and what steps you can take to avoid them.

Selling Your Home - Remember what first attracted you to your house when you bought it? What excited you about its most appealing features? Now that you're selling your home, you'll need to look at it as if you were buying it all over again.

Surviving the Sale - Getting a good price for your home is important, but minimizing stress and simplifying the selling process can be just as essential.

The Right Selling Price - When you're selling your home, the price you set is a critical factor in the return you receive. Learn several factors to base the assessment of your home.

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

American Recovery & Reinvestment Act, NAR

In the February 17 video podcast, 2009 NAR President Charles McMillan, NAR's Chief Lobbyist Jerry Giovaniello and NAR's Chief Economist Lawrence Yun discuss the housing provisions in the new economic stimulus law and their impact on the housing market and the overall economy
Hope you enjoy. Search Homes at MikeBowler.com

more about "American Recovery & Reinvestment Act,...", posted with vodpod
First time home buyers in the greater Lansing real estate market have a wonderful opportunity to take advantage of the new tax break, low interest rates, and plenty of great homes to choose from.
Visit: my site for searching homes.

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

Real Estate Cooking in Lansing Michigan, Real Estate Laws That Is.

New legislation is being introduced, often to late these days. Here 's one example of the new requirements that mortgage brokers will have, which should have been done years ago to prevent the fraud that took place between 2001 and 2006. better late than never. Part of the bailout programs and economic stimulus being introduced by congress over the past couple of months are also a good long read, if your up for the juggling act. In the end, I think we will all learn something from this fiasco of a real estate market. One thing I already know is that strong will survive and come out of this with a new appreciation on life, homeownership, and what greed has done to the U.S. economy.
Now that the sun will shine around Lansing Michigan for the next few months we may start reducing some inventory to balance things out. Activity has picked up somewhat over the past few weeks, rates are stable, and as I always say, there has never been a better time to buy a home.
"expect the Best" Mike

Title: Five Topics to Discuss With Your Real Estate Agent When Selling Your Home

Thinking of selling your home? Before you place the “For Sale” sign in front of your house, there are a few things you should consider in order to maximize your home value and make the sales process smooth and efficient. Be prepared to discuss the following subjects with your real estate agent when you’re ready to sell your home and you’ll be one step ahead in the market.

1) Best Time of Year to Put Your House on the Market
Conventional wisdom dictates that spring is the best time for selling a home. The weather is getting warmer, the school year is coming to an end, and people who have just received their tax refunds may now have extra cash to use for a down payment on a home. However, since not everyone can sell a home in the spring, here are some other seasonal factors to consider. According to annual home sale data from the National Association of Realtors, the slowest selling months of the year are typically January and February, since fewer home sales occur during the holidays. In spite of this, with less competition in the marketplace, you may be able to ask for a higher price for your home, or a quicker closing. Additionally, temperate locations like Florida and California don’t see the seasonal fluctuations in the housing market, where house-hunters are almost always looking. And a late winter or early spring in the Northeast may extend the typical “selling season.” These seasonal variations, as well as a variety of local factors, will all influence the housing market in your area. Be sure to talk to your real estate agent regarding the current state of the market and how it will affect the sale of your home.

2) Open House Strategy and How to De-Clutter
At an open house, first impressions count, so you’ll want to enhance your home’s perceived value. Make your home inviting by taking care of bothersome minor repairs; clean bathroom and kitchen counters and clear them of dishes and clutter. Arrange storage areas neatly and put unused items in a closet. If you have pets, consider having a neighbor watch them for the duration of the open house. It’s a good idea for you to be absent during the open house, also. If you must be present, let your agent do the talking.

Decorate your home to sell by arranging the furniture to look as spacious as possible. Add color and fragrance to any room with fresh flowers. Lastly, don’t forget the outside of your home. Put away all gardening equipment and neatly arrange outdoor items like firewood or furniture. Even take a hard look at your mailbox and make sure it reflects the value and character of your home.

3) Features to Accentuate
While you may have long determined which aspects of your home you love, having a fresh set of eyes assess its best features is a smart idea. If you’re considering selling your home, take the time to walk through it methodically with your real estate agent. Together you can determine which features of the home should be accentuated. Does your home have a wonderful view? Make the most of it by sprucing up window treatments and arranging furniture to draw the eye toward the windows. Perhaps the location of your house is truly incredible. Your real estate agent can help accentuate this feature in sales and marketing materials.

4) Desired Price and Bottom Line Price
It’s great to shoot high, but when determining your home value, it’s also important to identify your bottom line. By assessing recent home sale statistics in your area, your real estate agent can recommend an appropriate target price range. Working with your agent, you can set an initial asking price, as well as privately determine the absolute lowest price you would comfortably accept for selling your home. By crunching the numbers and setting parameters early on, you can avoid emotional rollercoasters during the process of receiving, countering and accepting offers.

5) Disclosures
When selling your home, you may be obligated to disclose problems that could affect the property’s value or desirability. In most states, 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. Ask your real estate agent for the particular laws of your state.

Visit My Website for addtional information specializing in Lansing real estate, DeWitt, Grand Ledge, Holt, Okemos, Haslett, East Lansing, Bath, and Ingham, Clinton, Eaton County. Lansing] MI Real Estate Listings and homes for sale, local information, free advice for home buyers and sellers.

People Involved In a Real Estate Sale, Lansing MI

Have you ever stopped to think of all the people a real estate agent in Lansing, Michigan or anywhere else in the USA, puts to work when we sell a house. I have this handy list that I handed out to my agents once a year to share with their customers and clients. Realtors that sell homes are great contributors to the overall economic conditions. I am proud to be a Realtor, you shoud be also. My point is to buyers: Buy a house today and help the overall economy!

To Agents: Go sell a house today, nothing happens until you do! :-)

How many people could be involved in a real estate transaction?

ASSESSORS & STAFF, DRAIN COMMISSIONERS
APPRAISERS & STAFF, DRYWALLERS
ARCHITECTS & STAFF, FLOORING CONTRACTORS
ATTORNEYS & STAFF, FARM HOME ADMINISTRATION
ACCOUNTANTS & STAFF, FRIENDS OF BUYERS & SELLERS
ASPHALT CONTRACTORS, FAMILY OF BUYERS & SELLERS
ASBESTOS REMOVERS, FOUNDATION INSP & CONTRACTORS
AUCTIONEERS, FRIEND OF THE COURT
APPLIANCE SERVICERS, FEDERAL EXPRESS
ASTROLOGERS, FUEL OIL SUPPLIERS
BUYERS, FEDERAL HOUSING ADMINISTRATION
BUILDERS, FLOOD INSURANCE AGENTS
BUILDING DEPARTMENTS, HEATING & AIR CONTRACTORS
BUILDING INSPECTORS, INSPECTORS
BILLING DEPARTMENTS, HOME INSPECTIONS
BOARD OF REALTORS, HOTEL PERSONNEL
BOARD OF WATER & LIGHT, HOMES & LIFESTYLES MAGAZINE
BROKERS, HOME WARRANTY COMPANIES
BASEMENT WATERPROOFERS, HEATLH DEPARTMENT
CLOSING DEPARTMENTS, HOUSING COMMISSION
CLOSING BROKERS, INSURANCE AGENTS & COMPANIES
CLOSING AGENTS, INVESTORS
CEMENT CONTRACTORS, INVESTMENT COUNSELORS
CARPET INSTALLERS, INGHAM COUNTY
CARPET CLEANERS, INTERNAL REVENUE SERVICE
CREDITORS, KITCHEN CONTRACTORS
CHILD CARE PROVIDERS, LEASING COMPANIES
CREDIT BUREAUS, LAB TECHNICIANS
CABLE COMPANIES, LUMBER COMPANIES
CONSUMER POWER CO., LAND CONTRACT HOLDERS
CHIMNEY INSP & CLEANERS, LAWN CARE & LANDSCAPING
CONDOMINIUM ASSOCIATIONS, LANSING STATE JOURNAL
DEPT OF NATURAL RESOURCES, LANDLORDS
DEVELOPERS, LOAN ORIGINATORS
DOWNTOWN DEVELOPMENT AUTH, LOAN PROCESSORS
DESIGNERS, LOAN UNDERWRITERS
M.S.H.D.A, SIGN COMPANIES
MEDIATORS, SALES MANAGERS
MOBILE HOME BROKERS, SHOPPING GUIDES
MANUFACTURED HOME AGENTS, SECONDARY LENDERS
MASONRY, Almost Forgot Mike Bowler, SUPERVISOR’S OFFICE
MULTIPLE LISTING SERVICE, SURVEYORS
MOVING COMPANIES, SEPTIC INSPECTORS
NOTARY PUBLICS, SEPTIC PUMPERS
OIL & GAS LEASE HOLDERS, SECURITY SYSTEM COMPANIES
OIL TANK INSPECTORS & REMOVERS SUPPLIERS
PERSONNEL DEPARMENTS, SOIL TESTERS
PROPANE FUEL SUPPLIERS, SECRETARY OF STATE
PHONE COMPNANIES, SCHOOL ADMINISTRATION
PAINTERS, SIDING CONTRACTORS
PLUMBERS, SNOW REMOVERS
P.M.I. COMPANIES, SELLERS
PLANNING DIVISIONS, STORAGE FACILITIES
PRINTERS, SEWER CLEANERS
PHOTGRAPHERS, SWIMMING POOL CONTRACTORS
POTENTIAL BUYERS, SUBDIVISION ASSOCIATIONS
PERSONAL MARKETING CO., TENANTS
PAYOFF DEPARTMENTS, TOPOGRAPHICAL STUDIERS
PROBATE COURTS, TRIMMING CONTRACTORS
PEST INSPECTORS, TAX CONSULTANTS
POST OFFICE, TAX EXAMINERS
PROPERTY MANAGEMENT CO., TITLE INS. EXAMINERS
PERSONAL REPRESENTATIVES, TITLE SEARCHERS
REALTORS TITLE INS. UNDERWRITERS
REALTORS ASSISTANTS, TITLE COMPANIES INSURERS
RADON TESTERS, TREASURERS OFFICE
REAL ESTATE WEEKLY PUBLICATION, UNTIED PARCEL SERVICE
REGISTER OF DEEDS ,UTILITY BILLING DEPTS.
ROAD COMMISSIONER, WELL INSPECTORS
ROOFERS & ROOF INSPECTORS, WATER TESTERS
RELOCATION COMPANIES, WATER SOFTENER & PURIFIER
RUBBISH REMOVAL COMPANIES, CONTRACTORS
REAL ESTATE CONSULTANTS, WINDOW CONTRACTORS
RETIREMENT HOMES, WELCOME WAGON REPESENTATIVES
RECYCLING COMPANIES, ZONING COMMISSIONS

Oh! One last thing: Let's not forget, St. Joseph Statue Salespeople and Authors. "Expect the Best" Mike

Profile: Single, Bright and Female, Lansing Real Estate

Here is an interesting report about the singles buyer in the greater Lansing real estate market and nationally. Single Women are one of the fastest growing market segments
1 out of every 5 homes was bought by a Single Woman in 2006
1.5 million Single Women bought their own homes last year
Over 27% of first time homebuyers are Single Women
Average age: 42; early 30's to mid-50's; diverse market includes divorcees, single moms, young career women postponing marriage; about 25% are minorities
More Single Women are buying homes than ever before. They are financially independent and not waiting until they get married, or remarried, before they invest in their own home.
However, unlike couples or single men, this market thinks differently. Acts differently. And buys differently.
Profile of an Informed Customer
Single Women are smart, well-informed consumers, which is a great advantage for a strong, high-quality brand like Coldwell Banker®. Women tend to comparison shop and do more information gathering and research than men.
Women do their homework, do more research and expect a buttoned-up approach from partners
Women tend to focus on the details and are information hungry
Women talk to women: Network to find properties, locations, financing, services, etc
Tend to look at more properties; longer decision buying process
Expect high level of service; respond positively to random acts of kindness,
Provide 2x more referrals than men
Financially independent, however, more likely to be budget conscience. They want a partner who is sensitive to their budget
Get the scoop on buying and selling at my website. hope you enjoy. "expect the Best" Mike

Grand Ledge Schools, Delta Township, Lansing Real Estate for Sale

Grand Ledge Schools, Delta Township, Lansing Real Estate Address: 6333 Larocque Circle Type: Residential Style: Ranch "Great Family Home" Bedrooms: 4 "4th Bedroom in Basement" Bathrooms: 3 "3rd Bath in Basement" Garage: Double, Attached "Finished, Heated, Water" Basement: Yes, Full "4 Finished Rooms" Size: 1,905 sq. ft. "Additional Square Feet in basement" Lot Type: Rectangular Lot Size: 90ft x 146ft "Private Back Yard" Taxes: $2,992.00 (2007)
This home is Stunning! Your dreams come true in this gorgoues, wonderfully updated ranch with 4 large bedrooms & 3 full baths. Spectacular new kitchen looks out on private back yard. Property Features: Single Family Home Located in Lansing Grand Ledge School District Ranch Built in 1976 4 Bedrooms 3 Full Baths 9 Total Rooms Approx. 1,905 Sq. Ft. Two Fireplaces, Wood Burning Full Basement, Walkout, Finished 2.5 Car Garage, Attached, Heated, Door Opener, Concrete Floor 1/4+ thru 1/2 Acre, 1/2+ thru 1 Acre "Expect the Best" Mike

See the entire details of the lansing home in addition to the tours