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It’s an election year, the media is killing the real estate industry and I continue to ask myself…is it really that bad? Fortunately for us we live in the Western Upper Peninsula where the real estate market holds steady; in fact, according to the Michigan Association of Realtors, the Western and Central Upper Peninsula had actually increased 4.3% in real estate sales from 2006 to 2007.  Go figure!

“Hip, Hip Hurray!” is all I can say given this information. Everywhere I go local consumers ask the same question, “How’s business?”  Business is good!  We realized more sales in ’07 then we did in ’06.  How can this be when the national average of real estate sales is down and foreclosures are high?  There are pockets around the nation that have not been affected by this real estate down time. For the most part; “the sky is falling” throughout our nation, but not here in the beautiful U.P!

Sellers are nervous.  They think it is a terrible time to put their property on the market when it is the furthest thing from the truth.  The residential market has always been down in Baraga County.  It is no different today then it was 10 years ago.  Our vacant land, waterfront and camps and cottages continue to hold their own.

One thing I know for sure is this; if I had more properties to sell, I would sell more property!