Real Estate Market in Berrien County 01/09/2010
The leaves are gone, fall havest is in, SNOW is here for sure. The Real Estate market here appears to have hit bottom and has the slightest upward movement. Unit sales have been up due to incentives and just plain old "good deals". The Commercial sector has been a somewhat busy, offering investment opportunity with many more land contract deals available than in the recent past. Residential range up to $150,000 is where the first time buyers are cherry picking the market attempting to take advantage of the available tax credit. Many opportunities awaite the second home buyers, especially in the next six months. Many current owners are looking to shed the extra expenses of the retreats and many locals are struggling with employment. Harbor Country and Southwest Lower Michigan's Lakes, Wineries, and charm are sure to assist values to rebound quicker than other surrounding areas. Paul Dumke Real Estate Consultant SWMIRealtor@gmail.com 269-921-1125 Add Comment |
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