#9Traverse City, MI Median list price: $319,100
Percentage of residents age 60 and up: 29.7% Traverse City brings back a lot of nostalgic memories for Midwestern baby boomers who remember coming here as kids and fishing and swimming in Lake Michigan. Now that they're retiring, many are returning to the city. “They finally say ... “I’m moving where it's beautiful,’” says Bart Ford, managing broker at Coldwell Banker Schmidt Realtors. These retirees are often buying up older c
By Ross Boissoneau | Jan. 10, 2019 While some national forecasts look ahead rather pessimistically, local experts say real estate sales this year will likely be similar to 2018.
“It’s stable. Not static, but stable,” says RE/MAX Bayshore realtor Bob Brick of the market. “Barring any catastrophe, it should look similar to this year and last year.”
Mike Schmidt, president of Coldwell Banker Schmidt Realtors, concurs. “I don’t think it will be much different than 2018,” h