Located in Michigan's "Little Finger" region, the Grand Traverse area is one of the most attractive places in America to live, say local Realtors.

"From the sparkling hues of its many blue lakes to the deep rich greens of its rolling wooded hills, the Grand Traverse area is rich in scenic splendor," says Realtor Bob Brick. "The area is blessed with an abundance of natural, recreational, cultural, educational and human resources. Few places offer so much for so many different lifestyles.

Brick explains, "The Traverse City area is known as a regional retail and distribution center. Traverse City's Munson Medical Center is considered as one of the top hospitals in America. In my opinion, one of greatest assets of the Grand Traverse area is its people. This is a community of volunteerism with community involvement and a contributing responsibility that is unparalleled. Great people make a great community and the Traverse area has some of the best. Call it Grand! - an ideal place to raise a family, retire, live, work and play."

He advises, "Analyzed sales of Grand Traverse County indicated an 8 percent increase in sales in 2002 while the National Association of Realtors indicated a 5 percent increase. What helped sales in 2002? The lowest interest rates in 40 years for one. This allowed for more first time home buyers and for others to trade up to larger homes. What can we expect in 2003? Cathy Whatley, President of the National Association of Realtors, states that momentum of homes sales is expected to remain strong."
Leelanau County upper-end sales in 2002 were up from 2001. There were 25 residential sales from $500,000-$700,000 and seven sales over $1 million! Activity was very quiet on Old Mission Peninsula upper-end property with only one sale in 2002 over $700,000.

Says Realtor Sandy Pownall, "Outdoor recreation abounds. Boating, hunting, fishing, skiing!"

She says, "Due to the recent stock market trends and international events, buyers are somewhat cautious, taking a "wait and see" attitude. Second home buyers are especially conservative. Market activity, however, remains healthy."

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Published: April 16, 2003

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