Below are six factors fueling this trend.
Venture Properties has been proudly serving Leelanau County and Northern MI since 1980. After a decade of a hot real estate market, we continue to see properties selling at a premium when priced correctly. Buyers from downstate MI, AZ, CA, CO, TX, FL, IL, OH, and various other areas are securing their slice of heaven in NOMI.
Given the initial volatility of the stock market in 2025, we see many buyers who will retire in 3-5 years, pulling their investments from the stock market to purchase real estate. Many buyers invest in vacant land, waterfront properties, or homes that can be rented on a short-term or long-term basis.
Factors fueling this trend:
In addition to stable growth, and as an added benefit of real estate investing, owners enjoy time up north while their investment builds equity. A smart way to enjoy your retirement savings now!
And, for those that can't spend all their time up north, short and long-term rental options are another way to create cash flow with your real estate investment, or at minimum, cover the cost of the property tax, mortgage, and operational expenses.
If you are curious to know your home’s value, contact Kimberly for a free market evaluation of your home, or she will help you find the perfect property. Visit venturepropertiesmi.com to view market reports, search for properties, or simply learn more about this beautiful region!