Spring is on the way in Pentwater, Michigan

So, the Windfarm nonsense keeps coming - Recently the Government anounced a huge (could it have been $2.2 billion) program to clean up the Great Lakes. Very commendable.
However, with the next wave of their magic wand they want to make our Great Lake into an Industrial Electricity generating plant. Go figure!, as they say.

On the Real Estate front - Real Estate in Pentwater, Hart and Shelby and Silver Lake is still being sold at what we think is a marginally increasing rate.
I have to believe that before the year is out real estate asking prices will start to firm up although at present they are still high especially in the Second Home Market.

Sales are happening in part because the very low interest rates currently available enable people to buy at excellent rates not to mention excellent prices.

There was a lot of Realtor activity in and around Pentwater over the weekend. There were showings of the condominiums (Harbor View on Hancock St near Cenzo's) and residential homes in Pentwater and homes near Ludington and Shelby.

The weather has been just perfect for a walk on the beach and so plan on it soon.
Keep well
Quintus

We have studied the sales on Lake Michigan so far this year and the indication is that prices are holding well.
Some sales have been made under pressure, it is true but generally sales prices are in line with the past 2 or 3 years.
Second homes are not selling well although people still have money - they are nervous about making a committment. Buyers and sellers are coming closer together in their understanding of values which is good.
There are wonderful opportunities out there right now; great selection and choice of location. in the 15 years I have been selling in the Pentwater area I have never seen so much choice and value for money.
So - if you are in the market for a second vacation home now is the time to start seriously looking.
We are still seeing the occassional foreclosure but these tend to be in the rural areas where the homes are residential rather than vacation homes.
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