A summary of our market:
1. The majority of our current buyers are looking under $300,000.00.
2. A good percentage of those buyers would like the opportunity for rental income to offset their investments.
3. Vacant land prices continue to go lower on large parcels; it's a great time to purchase vacant land for a future dream home.
4. Property around Lake Michigan continues to be priced well below property on the Bay of Green Bay. As such, there are some waterfront bargains to be had in Gills Rock, Ellison Bay, Sister Bay, Liberty Grove, Baileys Harbor and Jacksonport.
5.Â Most people are looking for 3-4 bedrooms to allow for extended family or guest visits.
6. Condominium inventory is moving briskly. If you feel this is a good year to buy because of interest rates, do not hesitate. Units that have been sitting on market under $350,000 in certain areas are now starting to get multiple Offers. There is limited inventory for luxury waterfront condominiums this spring because the builders haven't been building new inventory.
Our top picks for Spring Bargains this week:
1. Anchorage Cove 2 bedroom 2 bath check here.
2. Landmark Resort Condominium 2 bedroom, 2 bath, view, rental check here.
3. Sister Bay, 4 bedroom 3 bath home in woods, public utilities, fireplace, hardwood floors, attached and detached garages, large yard check here.
4. Sister Bay, 2 bedroom 2 bath year-round affordable cottage check here.
5. Mariner's Pointe 4 bedroom, 3 1/2 bath, bonus room, 2 car garage, 2 fireplaces, wet bar, waterfront and water view, pool check here.
6. Sister Bay, new construction, 4 bedroom, 3 1/2 baths, 3 car garage, seasonal water view, granite, fireplace, hardwood floors check here.
8. Ellison Bay Europe Lake 3 bedrooms, 2 1/2 baths, private location near boat launch, deeded shore access check here.
9. Northport 3 bedroom 2 1/2 bath log home, high level of finish, sun porch, 2 car garage, professionally landscaping, private check here.
10. Yacht Harbor Shores Condominiums, new construction 2013 and one resale in fantastic condition ready to move in 4 bedrooms, 3 1/2 baths 2 fireplaces, stunning views check here
Door County Real Estate Investments: What to Buy this Spring 2013.