3 Reasons Low Cost Housing is a Hot Topic in Traverse City

It's no secret that Traverse City is a hot spot for real estate. With its stunning scenery and vibrant downtown, it's no wonder people are flocking to the area. But what about those who are being priced out as prices continue to rise? That's where low cost housing comes in. In this blog post, we will discuss the top 3 reasons why low cost housing is such a hot topic in Traverse City.

Inventory and availability is low

The current state of the housing market is causing many problems for potential homebuyers in Traverse City. Inventory is low, and availability is even lower. This is especially true for low-cost housing.

The shortage of affordable homes is keeping many people from buying, and those who are able to buy are often forced to settle for less than ideal properties. This is one of the main reasons why low cost housing is such a hot topic in Traverse City.

While there aren't many good short term options for fixing inventory and availability problems, Alta Vista is providing one such solution.

Alta Vista is a new neighborhood walking distance to East Bay with houses starting in the low 200s.

This is a great option for those who want to be close to downtown without having to pay the high prices that come with it.

It's also one of the few developments in Traverse City that is specifically geared towards low cost housing.

Desirability and Employability is on the rise as Remote Work Possibilities Increase

With more and more businesses offering the option to work from home, Traverse City is becoming an increasingly attractive option for people who want to live in a beautiful location without sacrificing their career. In addition, the availability of high-speed internet and co-working spaces has made Traverse City even more appealing to remote workers.

As a result, the city’s population is growing, and its economy is booming. With its ever-increasing desirability and employability, Traverse City is poised to become one of the most popular places to live in Michigan.

Technology is improving in home building making it more low cost housing options available

Technology is changing the home building industry. One example of this is modular homes. These homes are built in a factory setting and then brought to the construction site. This method is faster and more efficient than traditional home building methods. As a result, modular homes are often less expensive than traditional homes.

Additionally, modular homes can be customized to meet the needs of the homeowner. For example, Alta Vista Homes offers a variety of floor plans and finishes to choose from. As technology continues to improve, it is likely that more low cost housing options will become available.

Summary

If you're looking for a new neighborhood in Traverse City that offers low cost housing, Alta Vista is worth checking out. With homes starting in the low 200s, this development is walking distance to East Bay and offers a variety of floor plans and finishes to choose from. Additionally, Traverse City's desirability and employability are on the rise, making it an attractive option for those who want to live in a beautiful location without sacrificing their career. If you're thinking about moving to Traverse City, don't let the high cost of housing deter you. There are options available that are close to the beach and everything downtown has to offer.