Higgins Lake Real Estate
Higgins Lakefront Listings Have Been Reduced By The Market Bubble
Listing prices have adjusted downward over the past years approximately 25-30 percent. Buyers are looking and making offers this spring as some of the triggers that induce people to purchase are boldly presenting themselves.
- Property taxes lower
- Mortgage rates down
- Savings in the bank not worth much
- Sellers are motivated
Foreclosures are coming into Vogue on waterfront properties. Traditionally lakefront Foreclosed homes rarely come on the market. The market may change rapidly this year and you will want to keep posted and see if more Foreclosures hit the market on Higgins Lake. I can send you the Foreclosure listings as they hit the market. Contact me for your personal real estate search sent immediately to your email in box! As of today there are no Foreclosures on the Higgins Lakefront market, BUT that may change any time!
Not all the good deals come in the way Foreclosures. What we call OLD Money/Property assets are located on Higgins Lake and as parents pass away families are many times ready to sell at discounted prices to get the estate settled. Because it is Old Money many times the owners have NO mortgage on the property so they can sell for whatever price they desire!
Remember one of the best strategies for Buyers is to be engaged in the offering process on a regular basis. If you are not successful the first time, the odds are in your favor that if you are watching the market daily and are ready to jump on the deals when they come you will buy the lakefront you want someday.
As of today there are 33 waterfront listings on the MLS at Higgins Lake. The number of days on the market range from 7-1300 days! The prices range from $118,900 to $935,000. Call me to find out why the property that has been on the market for 1300 days probably has not sold.