As many of us have been reading and hearing, the real estate market has been making a comeback. While not back to the pre-recession prices, but going in the right direction. Some markets have seen a shortage of inventory, with homes getting multiple offers, and many selling for over the asking price.
In the resort areas of Northern Michigan things move at a slower pace, not just the way of life, but also in terms of real estate prices. As the values came down rather quickly during the downturn in most areas of the country, the areas here, Torch Lake, Lake Michigan, Lake Charlevoix, The Shanty Creek Resorts etc. came down at a slower pace. The same thing happens in an upswing, things take a little longer to adjust. That’s a good thing for the buyer.
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If you have ever thought about living in Northwest Michigan, either as a full time resident, a seasonal resident, or just a occasional weekender with a home or condo that you can enjoy, or maybe a vacant property that you can build your dream home on, this is a great time to purchase. Whether you are starting out as a young family, or looking for that perfect retirement place, Antrim County is an excellent choice, with something for almost everyone, from Blue Ribbon Trout Streams and great kayaking rivers, world class golfing and skiing, one of the nicest harbors on the Great Lakes, snowmobiling, outstanding restaurants & nightlife, and of course the famous Chain of Lakes for whatever kind of watersports that you are into. Of course don’t forget some of the finest motorcycling you will find in the nation. All this located in the heart of NW Michigan, with places like Sleeping Bear National Lakeshore, Leelanau wine country, and Mackinaw Bridge all within an easy 90 minute drive.