Great News from Harbor Country

Communication from the President Fran Broude

Fran Broude, President, COO, Managing Broker, Coldwell Banker Residential Brokerage

As you may have seen here, we recently had a $5.2 million sale in the Harbor Country market in Lakeside, Michigan. The 5.3 acre Longacres estate, with 195 feet of private beach, is the highest home sale in the area since 2005 and the third largest sale in over fourteen years!  What makes this even better is that both sides were represented by our very own New Buffalo office Previews Property Specialists, Donna Iwamoto and Karen Strohl.

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As a result of this sale, our luxury market share (properties over $750,000 in Harbor Country) is at nearly 66 percent through the start of this year, which far exceeds the 12 percent market share from 2012 and is nearly ten times more than our nearest competitor. Year to date, Coldwell Banker Previews has participated in 16 of the 28 luxury property sales in Harbor Country!  Even more amazingly, Donna and Karen have participated in 11 of those 16 sales.

The market in New Buffalo, which is not only luxury properties, has exploded this year with the sale of many other vacation homes for residents from Illinois, Indiana and Wisconsin. I’ve heard many great stories all across our company about the positive real estate environment we have enjoyed through the first half of 2013 and all of them come back to the excellent customer service and expertise our Coldwell Banker agents provide their clients. Thank you for all you do every day in representing our amazing Coldwell Banker brand.

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