Lansing, Michigan
I am prepared to employ the latest techniques and services for your benefit, just like you've grown to expect from a professional. Real estate transactions are complex, involve large assets and demand competent representation. Marketing properties, home selection and financing are just a few of the skills today's consumer looks for when they select a real estate professional. I am prepared to offer my clients the knowledge and expertise to counsel them in relocating, buying, investing or selling the family home.
"Expect the Best"
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Mar. 28, 2009
Selling your home is an involved process that affects your family and your future. Before you begin this process, you’ll want to ensure that you have the most up-to-date information. When should you sell? How do you get the best price? What kinds of renovations should be made prior to the sale?
These home selling reports will assist you in answering the many questions that arise during the home selling process. When you’re armed with the right information, and an experienced real estate professional, you’ll be closer to reaching your goal - selling your home fast, and for the best price.
A successful purchase starts with the right Realtor. In fact, once you’ve selected the best agent to represent you, it is likely that he or she can recommend other professionals to join your team, taking more of the responsibility off of your shoulders.
Below you can find your home buyer’s toolkit. Open it up, take a look around, and if you like, start equipping yourself with the tools necessary to make your best purchase. In most businesses, knowledge equals power, and real estate is certainly no exception.
Dec. 2, 2008
Last Tuesday the government announced an $800 stimulus plan for the credit markets.  Some $500 million will be spent buying mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae in an effort to push down mortgage rates.
The best time to buy in any market is when it is down (a buyers market) and the circumstances for you are right. This is a prime time for a buyer with good credit and/or a good down payment to buy a house in the greater Lansing real estate market. Right now inventories remain high and prices have fallen over the past 2 years. And mortgage interest rates continue at all time lows, with rates dropping under 6% yesterday for typical 30-year fixed loan. The first time home buyers credit of $7500 will be ending on 7/1/09. There has never been a value to “waiting” in real estate, especially now. If you have been thing about buying a home, now’s the time to make your move.
Real estate is first and foremost an investment. And like investments will sometimes perform well and sometimes not. However for those looking long term, it has almost always performed well. The key is buying with the intention to hold long term. Property ownership equity accounts for more than half the wealth in the United States. It is never a bad time to buy real estate. Start your search for homes here.
Mike Bowler Sr. ePRO, CRB, GRI, SRES
Coldwell Banker Hubbell Briarwood
1020 S. Creyts Road, Lansing, MI 48917
Phone: 517-492-3400 Fax: 888-832-6203
email: Mike@MikeBowler.com
Website for Clients: MikeBowler.com
Search Listings
Nov. 8, 2008
A Real Estate Professional in the greater Lansing real estate market must meet the needs and expectations of the Connected Consumer. The rules of business are changing in our industry, with nearly 90% of all buyers searching the Internet prior to contacting an agent. It is imperative that practitioners of our industry become savvy on what is available to them for marketing real estate.
Buying or selling a house in the greater Lansing area is much more convenient with search engines like Google, Yahoo, MSN, and the dozens of other smaller ones available. Technology has revolutionized the way buyers, sellers, real estate agents and most ancillary type real estate businesses operate in today’s world of buying and selling.
Linking to demographics for Delta Township or Delhi Township are two examples of individual sites REALTORS have available as a service to today e-consumer, provided they understand technology, websites, Blogging, search engine optimization and all the other areas of real estate Internet marketing that is a must in today’s changing market. Searching all inventory available in the greater Lansing area needs to be at the stoke of one link, in order to give the best service available.
Many programs are available today for agents to market properties in specific locations, styles or targeting specific buyers. Postlets is one of my favorite when it comes to promoting a featured home or several. Agents also have the opportunity to use a company called SawItOnLine which produces a Gallery of Homes and than sends them out to many portals and sites with what we call syndication of listings.
Real estate markeking is not for those who dabble or are not keeping up with the changes, Sellers and buyers need someone who knows what they’re doing and will work hard to get the job done. Make sure for your financial welfare that the REALTORS you interview prior to selling your home have knowledge of the real estate market, negotiating skills, and ability to listen to your needs and desires. A well explained marketing plan that includes Internet technology is a must.
“Expect the Best” Mike
Mike Bowler Sr. ePRO, CRB, GRI, SRES
Coldwell Banker Hubbell Briarwood
1020 S. Creyts Road, Lansing, MI 48917
Phone: 517-492-3400 Fax: 888-832-6203
email: Mike@MikeBowler.com
Website for Clients: MikeBowler.com
Search Listings
Oct. 18, 2008
The most frequent questions I get these days for the real estate market in the greater Lansing area are: 
1. Is anything is selling?
2. How many homes are on the market?
3. How much have prices decreased?
4. How long will it take to sell?
I am attaching some additional reports, updates and stats, however, here are my answers based on the 3rd Quarter ending October 1, 2008.
1. Yes homes are selling. 1162 residential properties have been sold YTD in the Regional Lansing area.
2. There are 4204 residential properties on the market vs. 4728 last year at this time. 11.08% decrease
3. The average home price decreased over last year by 15.16%
4. The average days on the market are 82 days for the ones that sold.
Some things to keep in mind looking at these stats are the following:
1. a large percentage of the homes sold are bank-owned foreclosures that have been discounted substantially to reduce their inventory.
2. As a result of this, less homes are on the market, because most sellers are not to keen of the idea of pricing their home low enough to compete with this new market. Therefore inventory is starting to reduce.
3. The reason the average sale price is reflected at 15%+ below last year at this time is that the number of solds that were foreclosures were higher than the year before and also a large percentage of the sales that closed this year to date.
4. Keep in mind that 82 days on the market is for the discounted foreclosed properties and regular sales mixed together. A regular residential property put on the market today may take anywhere from 6 months to year to sell because of the current market conditions.
NAR has released it’s Economic Outlook Report that indicated recovery may begin in early 2009, provided the current government stimulus package works.
If you are a victim of potential foreclosure, here is some valuable information that may help save your home. Take action early to prevent losing your home.
First time home buyers should take advantage of the new tax credit, home prices, and low interest rates.
All properties for sale are available here. Now is a great time to buy a home.
Lastly, if you would like a free copy of the 2008 3rd Quarter Market Report published by Coldwell Banker Hubbell Briarwood for the Regional Lansing area, just send me an email requesting a copy and any other questons you may have to mike@mikebowler.com , I will forward a PDF copy to you.
“Expect the Best” Mike
Mike Bowler Sr.
Coldwell Banker Hubbell Briarwood
517-492-3400
emailto:mike@mikebowler.com
Website to search homes
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