Michigan Lakefront Property
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| The Group's Blog - Paul Zubrys, REALTOR / Principal Broker | |
| Written by Administrator | |
| Wednesday, 08 October 2008 | |
Pending home sales up 7.4 percent in AugustBy ALAN ZIBEL : Washington (AP) - Pending home sales rose 7.4 percent from July to August, an unexpected piece of positive news for the battered U.S. housing market. The National Association of Realtors said Wednesday its seasonally adjusted index of pending sales for existing homes rose to 93.4 from an upwardly revised July reading of 87. The reading was the highest since June 2007.Home sales are considered pending when the seller has accepted an offer, but the deal has not yet closed. Typically there is a one- to two-month lag before a sale is completed. Wall Street economists surveyed by Thomson/IFR had predicted the index would fall to 84.9. The index, which sunk to a record low of 83 in March, stood at 85.8 in August 2007. Sales are picking up in places that have seen the most severe declines in housing prices — including California, Florida Nevada and Arizona, plus Rhode Island and the Washington, D.C. area, said Lawrence Yun, the trade group's chief economist. Still, Yun does not expect home prices to rebound until next year and only expects a modest gain of 2 to 3 percent in 2009. A major unknown is how the worldwide financial crisis and economic slump will affect the housing market. Despite numerous efforts by the Federal Reserve to encourage banks to lend more, lenders have kept tight reins on mortgage lending, and average rates on 30-year mortgages have remained over 6 percent for most of the year. The latest effort by the central bank came Wednesday, when the Fed and six other major central banks around the world slashed interest rates Wednesday in an attempt to prevent a mushrooming financial crisis from becoming a global economic meltdown. The Fed reduced a key rate from 2 percent to 1.5 percent. In Europe, which also has been hard hit by the financial crisis, the Bank of England cut its rate by half a point to 4.5 percent and the European Central Bank sliced its rate by half a point to 3.75 percent. Also cutting rates were the central banks of China, Canada, Sweden, and Switzerland. There's no guarantee, though, that mortgage rates will match the Fed's cut. That's because long-term interest rates, which influence 30-year mortgages, don't always move in sync with the Fed's action, which lowered the interest rate banks charge each other on overnight loans. However, the Fed action will reduce borrowing costs almost immediately for U.S. bank customers whose home equity and other floating-rate loans are tied to the prime interest rate. Bank of America, Wells Fargo and other banks cut their prime rate by half a point to 4.5 percent after the Fed announcement. |
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| Last Updated ( Saturday, 27 December 2008 ) | |
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Lake Realty Group was founded by Paul Zubrys to support all types of SW Michigan Real Estate transactions. (stats)
Paul Zubrys specializes in waterfront properties, homes, cottages, condos, lots and land in South West Michigan. His geographical area of expertise extends from all real estate in New Buffalo Michigan through Union Pier, Lakeside, Harbert, Sawyer and St Joseph, to as far north as South Haven.
Since 1986, Paul has been representing buyers of lakefront luxury homes, waterfront property, and beach cottages with deeded private beach rights like those in Gowdy Shores, Gordon Beach, Timberlane Estates, and Grand Beach.
As a buyer, it is important to understand the various beach communities to know which location would best match your specific needs. Whether in New Buffalo Township or Chikaming Township, Paul has in depth understanding of all the beach communities and has a reputation for matching buyers with the best property.
Paul's state of the art web site, TheDailyListings.com, provides buyers with accurate, real time information about all MLS listings in Harbor Country. It also features water front properties on the Galien River and the St Joseph River as well as lake front properties on Lake Michigan and southern Michigan inland lakes.
Paul has assisted some of the midwest's most successful real estate developers acquire large parcels of farm land and acreage for vacation home and resort property development. Many of the most desirable properties with development potential are not listed in the MLS. As a Buyer's Broker, Paul keeps a close watch on these properties, typically large parcels of acreage, and routinely aides buyers with the acquisition of these properties.
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©2007 Southwestern Michigan Regional Information Center, LLC. All rights reserved. All information contained herein should be deemed reliable but not guaranteed. All representations are approximate, and individual verification is recommended.
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TESTIMONIALS
| Paul, Thank you for such a nice experience purchasing a home out-of -state. Your web-site, the daily listings were most helpful. We love the house and we are still in shock that it is even ours. Thanks so much to Rocky for the blow-up mattress and the great beach gifts for the kids...we put all to use yesterday.(Labor Day) We love the neighborhood and we have already met lots of nice neighbors. I hope that you enjoyed your BBQ on Sunday. We are sorry that we couldn't make it. I really wanted to thank you in person. Let's touch base soon. Thanks again, Lisa and Lisa Grimes |
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| By Lisa and John Grimes |
| Hi Paul and Doug, We really had a positive experience with you guys. I tried to warn Doug that we were ready, and I'm not sure he understood how ready we were. It was fast and furious, but, working together, we pulled it off. Thanks to all!!! Larry was great! All in all, very positive feedback. Best of luck to all of you. Many thanks, again and again, for helping us. We'll keep in touch. |
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| By Michael and Gail Weber |
| After unpleasant experiences with more than a few real estate agents, we finally contact Paul. I regret we didn’t contact him initially. We’ve already been using his excellent website and newsletter for up to date information, but unfortunately, we always called the broker whose name was on the For Sale sign whenever we drove around Michigan, previewing property. We will never make that mistake again! Even though we've purchased and sold several properties in the past [Illinois], we never appreciated how beneficial it would be to have a real estate agent who was working on our behalf. Paul's approach was unlike any we've ever encountered before. I wholeheartedly agree with the comment by TD. He is brutally honest, even when what he was conveying was difficult to hear. In the end, we are confident we made a great investment and it was a opportunity we would not have even been aware of had we not contacted Paul. I enthusiastically recommend Paul Zubrys to anyone in need of a Michigan real estate broker. Don’t waste valuable time. Call Paul first. |
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| By R Bernstein |
| Paul did an excellent job helping us find and purchase the perfect home in Union Pier. He has insights about the Southwest Michigan real estate market that we were unable to find with any other agent. He follows up very quickly on voice and e-mails and his Website is superior to any real estate site on the Internet. We would use Paul concerning any future purchases in Southwest Michigan. Highly recommended. |
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| By Robert J Losik |
| My wife and I very recently worked with Paul to find a getaway home for our growing family. Paul is very knowledgeable of the whole Harbor Country area and helped us quickly understand specific location pros / cons and property valuations. He was a quick email or phone call away throughout the buying process. This was the smoothest real estate transaction we’ve ever been a part of. We bought a wonderful property in Lakeside that we’re thrilled about. Paul was professional, responsive and an effective Buyer’s Agent through negotiations and close. He also exceeded expectations by assisting with local contacts and service providers. I’m certain we will stay in touch as we get settled into the community. I would recommend Paul to anyone looking to buy�real estate�in Southwest Michigan. |
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| By Damon Auer |
| Paul recently represented us in purchasing a home. He has great indepth knowldege of the local market and a solid understanding of all the properties he showed us. His approach to finding our family a home was informative and focused. Combine these factors with his efficient and effective handling every step of the process and we can easily say he made finding and purchasing a home a great experience. |
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| By Paul Degrandis |
| With the help from Paul, my wife and I just purchased a home in Union Pier. Paul demonstrated knowledge, patience and honesty throughout the entire process. As if that were not enough, he makes himself available after the purchase is complete. I strongly recommend the services of Paul Zubrys. |
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| By Heriberto V |
| Above and beyond the call of duty. Paul’s personality and approach made the entire experience of buying a second home fun and easy. He goes above and beyond the call of duty by helping you integrate into the community. I’ve got the home I love and a new friend in the process. |
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| By Nancy Koenig |
| Paul’s style of doing business can best be�described as brutally honest. He will tell you what he really thinks, not what he thinks you want to hear. I’ve purchased, developed, and sold real estate all over the country. Paul is the only broker I would use in the midwest. |
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| By T.D. |
| Best website for lakefront property in Michigan. Nothing else is even close. As a buying agent,�Paul’s combined level of knowledge, expertise and integrity is refreshingly high in an industry which seems to have many agents that lack all three. He is the only buying broker I would use in Michigan. |
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| By Dan T |
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Paul Zubrys, Principal Broker
Lake Realty Group, LLC
203 S Mayhew St
New Buffalo, MI 49117
(312) 846-9595 | Email
Annual Diamond Award Winner, (NAR) National Association of REALTORS, (MAR) Michigan Association of REALTORS, (SWMAR) Southwest Michigan Association of REALTORS, (ICREA) International Consortium of Real Estate Associations, (TRC) Transnational Referral Certified, International Member of (AMPI) Mexican Association of Real Estate Professionals
REALTOR® Ratings
Land For Sale
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$1,959,100 Berrien Springs MI
0 Beds, 0 Baths, 0 Square Feet
Please Call Listing Broker Howard Mc Lauchlin 269.473.4061 For a Detailed Brochure
Commercial Property
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$159,000 Niles MI
0 Beds, 0 Baths, 0 Square Feet
Buyer to verify square footage-not guaranteed. Each unit has seperate bathrooms. New rubber roof in 1999. 2 newer furnaces and central air. Six off street parking… -
$179,500 St. Joseph MI
0 Beds, 0 Baths, 0 Square Feet
Two stores for the price of one! This successful dry cleaning business offers two prime locations. Great street exposure, well established business for 40 years in… -
$89,900 Buchanan MI
0 Beds, 0 Baths, 0 Square Feet
Nice location with lots of drive by traffic. Opportunity for a retail, consignment, thrift store, gift shop, youth center, laundra mat, cafe... only your imagination will… -
$495,000 Edwardsburg MI
0 Beds, 0 Baths, 0 Square Feet
Attractive and well built, this 3900 Sq.Ft. building could have many uses. Resturant, bar or office building. City sewer and water. Parking for 32 cars with… -
$134,900 Benton Harbor MI
0 Beds, 0 Baths, 0 Square Feet
Formerly the Hot & Now Drive-Thru. Could be almost anything. Vacant a few years, equipment not warranted but included. Walk in coolers included. Near the entrance… -
$59,900 Cassopolis MI
0 Beds, 0 Baths, 0 Square Feet
You could live here and build a business. Over 5000 sq ft in this registered historical building right in the heart of the city. Could be… -
$219,000 Stevensville MI
0 Beds, 0 Baths, 0 Square Feet
See attachments for allowed uses, numerous ones. Property reduced from 2008 price. One of the last 5 acre parcels zoned commercial in Lincoln Twp. Traffic count… -
$165,000 Lawrence MI
0 Beds, 0 Baths, 0 Square Feet
Krista's Place at the northeast corner in downtown Lawrence is an established business with 1100 sq ft of commercial space.Was a tanning and nail salon. Three… -
$649,000 St. Joseph MI
0 Beds, 0 Baths, 0 Square Feet
Silver Beach..Location..BED & Breakfast Opportunity..fits your lifestyle. Enjoy those summer days from 3 decks or right on Silver Beach; just a 2 minute walk out your… -
$119,000 Niles MI
0 Beds, 0 Baths, 0 Square Feet
ENDLESS OPPORTUNITIES available with this Fantastic, High Traffic Location! Property has been home to a booming greenhouse business for 21 YEARS! 1.5 acres, retail building, 6… -
$195,000 St. Joseph MI
0 Beds, 0 Baths, 0 Square Feet
NEW PRICE! Seller will look at all offers. High Traffic Count Area . . . 2500+ sq.ft. building on 1.15 acres conveniently located near I-94 interstate.… -
$295,000 New Buffalo MI
0 Beds, 0 Baths, 0 Square Feet
Great business opportunity right in downtown New Buffalo just 4 blocks to the harbor and beach. You can't beat this location! This deli/cafe shop is a… -
$79,900 Benton Harbor MI
0 Beds, 0 Baths, 0 Square Feet
Great traffic count. Sharp clean building in super spot for office or retail. Two offices 10 x 12, main office 13 x 17, kitchen 10 x… -
$379,000 Buchanan MI
0 Beds, 0 Baths, 0 Square Feet
Convenience store located in the heart of the business district. The store has 1400 SF of operating, which includes coolers, fuel tanks, large canopy over fuel… -
$139,900 Edwardsburg MI
0 Beds, 0 Baths, 0 Square Feet
Commercial building Old Red Barn. Has updated electrical, plumbing, overhead door, new 1/2 bath, single phase electric, metal building 76X30. (this use to be Red Barn… -
$65,000 Cassopolis MI
0 Beds, 0 Baths, 0 Square Feet
TWO STORY Downtown Cassopolis Building-Main level formerly rented and used for an Antique Business. The second story has been gutted-with seperate entryway from main level-could be… -
$275,000 New Buffalo MI
0 Beds, 0 Baths, 0 Square Feet
Great building in ideal location for office or small retail shop. High traffic count in the heart of downtown New Buffalo. Extra deep parcel offers expansion… -
$1,500,000 South Haven MI
0 Beds, 0 Baths, 0 Square Feet
Listed also under residential. Historic family owned Glenn Shores 9 hole golf course built in 1926. Rolling, wooded property, manicured greens and fairways close to Lake… -
$219,000 St. Joseph MI
0 Beds, 0 Baths, 0 Square Feet
Prime Corner Of St. Joseph Main Business District. Professional Office, Retail Or Combination. Basement For Storage. Great location. Lower level only -
$800,000 Benton Harbor MI
0 Beds, 0 Baths, 0 Square Feet
In the heart of the Twin Cities (St. Joseph/Benton Harbor) commerical district. Extensive remodeling done on two stores in last few years. High traffic counts and…
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