Schaub Team Blog

Leelanau Requires Point of Sale Septic Inspection - What you need to know

Posted by Jamie Jewell on Mar 23 , 2023 - 07:16 am

The code states that properties in Leelanau and Benzie Counties with onsite wells and/or onsite sewage treatment systems must be evaluated prior to the property being sold or transferred to a new owner – this includes when a parent passes a property to a child

Home Inspections: What You Need to Know

Posted by Jamie Jewell on Mar 21 , 2023 - 10:49 am

The effects of the recent real estate boom caused many agents and buyers to implement new tactics that would potentially give them a leg up with sellers. Escalation clauses, no contingencies, and waived inspections increased once intense bidding wars accelerated.

2022 Schaub Team Market Review

Posted by Jamie Jewell on Mar 01 , 2023 - 09:58 am

One of the most common questions we get is, “How is the real estate market?”. We’ve compiled some relevant real estate data for Leelanau and specifically Schaub Team in a 2022 market update.

First-Time Home Buyer Savings Account Program Revisited

Posted by Jamie Jewell on Feb 28 , 2023 - 08:09 am

It’s been one year since the Michigan First-Time Home Buyer Savings Program was signed into law. We thought we’d delve into the top questions surrounding this program to help you determine if it could be a good fit for you or your family members. The savings plan was created to assist first-time home buyers with the purchase of their Michigan principal residence. Account funds may be used for the payment or reimbursement of eligible costs associated with the purchase of a single-family residence by a qualified beneficiary designated on the account.

Home Sales Slow, Fetching Top Dollar

Posted by Alan Campbell, Leelanau Enterprise on Dec 29 , 2022 - 10:59 am

Realtors across Leelanau County are selling fewer homes, but many of those sales are providing big payouts for homeowners.

5 Reasons This Isn’t a Repeat of the 2008 Housing Crash

Posted by Melissa Dittmann Tracey, Realtor Magazine on Dec 19 , 2022 - 07:22 am

NAR Chief Economist Lawrence Yun draws the distinctions between today’s real estate market and that of more than a decade ago. Many homeowners are still haunted by the 2008 housing crash when property values collapsed and foreclosures spiked. The memory of a sudden catastrophe at a time when the real estate market had been riding high may help explain why 41% of Americans say they now fear a housing crash in the next year, according to a new survey from LendingTree.

With Crazy 2022 Leelanau Real Estate Market Almost Done, What Does 2023 Hold?

Posted by Kimberly Manning, Leelanau Ticker on Dec 14 , 2022 - 07:39 am

The 2022 housing market in Leelanau County set records for (high) home sales and prices and (low) inventory, but signs are starting to show a shift into more neutral territory.

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