TRAVERSE CITY — It’s not easy to buy a house in Traverse City.
Sellers, though, are smiling. Bidding wars are common. Many sellers are pocketing more cash than they ask for.
Realtor Matt Dakoske, of ReMax Bayshore in Traverse City, counted off three properties he posted on the market last week:
A house on Washington Street was listed at $254,900 and sold for $15,000 more. A house on Grant Street was listed for $149,900 and sold for $10,000 more. A house in Mesick was listed for $140,000 and sold for $8,000 more.
Dakoske has some advice for potential buyers.
“Don’t tell me you’re going to sleep on it overnight. It’s gone.”
Supply and demand
The local construction industry has struggled for years to build enough houses to fill demand. The COVID-19 pandemic’s…