Birchwood Realty - Harbor Springs

05/05/2026

New listing at an affordable price point!? Check it out.

This 1050 square feet Condo home has 2 bedrooms and 2 bathrooms. It is located at 2035 Woods Ln Unit 40, Petoskey, MI.

04/11/2025

03/12/2025

📉 Northern Michigan Real Estate Market Update (2017-2024) 📈

No surprise to anyone that there's "nothing" out there to buy...but once visualized, it really hits home! Over the past several years, the number of homes available on the market has fluctuated significantly. This trend reflects seasonal inventory changes, buyer demand, and broader economic conditions.

🔥 Key Takeaways:
📉 Fewer homes available = more competition for buyers.
💰 Sellers hold the advantage in a low-inventory market. Will it last?
🔄 Will 2025 bring more inventory? That remains to be seen!
👀 Keep a close eye on economic conditions, inflation, and interest rates.


(Source NM-MLS Data 2017-2024)

What's your take?

01/09/2025

https://www.mortgagenewsdaily.com/news/01032025-mortgage-applications-mba

08/18/2024

New rules. Transparency and education will be key. These changes will require adaptation in the industry and hopefully lead towards a better outcome for buyers and sellers. Market changes and norms will not be overnight though nor are the new requirements necessarily good for Buyers and Sellers as written. We must see how it plays out. Change is difficult for all of us, but disruption in the business world isn't necessarily a bad thing.

A recent settlement from the National Association of Realtors takes effect Aug. 17, bringing new rules that affect homebuyers and sellers alike.

08/14/2024

https://www.housingwire.com/articles/oh-snap-michigan-real-estate-brokers-file-antitrust-suit-against-nar/

Good..time to release the shackles.

The lawsuit claims that the requirement that all Realtors and brokers in Michigan be members of NAR is an antitrust violation.


07/31/2024

https://wwmt.com/news/local/michigan-supreme-court-homeowners-kalamazoo-county-treasurer-money-millions-foreclosure-2020-2014-ruling-class-action-settlement-surplus-funds-taxes-taxpayers

A ruling by the Michigan Supreme Court could return potentially millions of dollars to Michiganders who foreclosed on their home.

07/30/2024

https://www.msn.com/en-us/money/realestate/homeowners-are-owed-back-foreclosure-profits-michigan-high-court-rules/ar-BB1qQNnk

The Michigan Supreme Court has ruled that Michigan homeowners who lost their property due to unpaid property taxes prior to 2020 are entitled to the profits of the sale of their former home.

07/25/2024

https://finance.yahoo.com/news/homebuying-more-expensive-ever-buyers-172256922.html

Last month saw more in-contract sales canceled than any June on record, according to Redfin.

06/29/2024

https://www.businessinsider.com/us-housing-market-outlook-record-prices-rising-supply-falling-demand-2024-6

"When it comes to the housing market, the laws of supply and demand don't seem to apply any longer," David Rosenberg said.

06/12/2024

Huge price reduction on this waterfront condo just north of Petoskey. The best value on Crooked Lake! Contact us for a tour of this resort community.

This 1200 square feet Condo home has 2 bedrooms and 2 bathrooms. It is located at 2800 Oden Rd #12, Alanson, MI.