Local Housing Market Makes a Recovery - Northern Michigan's News Leader

Local Housing Market Makes a Recovery

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The housing market is making a recovery after struggling during the recession.

Right now, Michigan has some of the most affordable housing in the country, including homes being sold right here in Northern Michigan.

Locals in the real estate industry are seeing the lowest home prices in years.

That factor, and interest rates being at an all-time low help buyers purchase a larger home for less money.

Commercial growth, new construction, and the price of vacant land being at an all-time low in the area are all reasons for the increase in homes being purchased.

 

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