Gary B Bailey Sr with Crossroads Realty of Michigan

Gary B Bailey Sr with Crossroads Realty of Michigan "Professional Service With a Personal touch"

We are a group of Real Estate professionals serving Northern and Central Michigan. Contact us today!

Crossroads Realty of Michigan, located in Reed City, offers outstanding real estate services for clients in Reed City, Cadillac, Evart, Chippewa, Baldwin, Big Rapids, Idlewild, and Brohman, Michigan. These services include residential and commercial property, vacant land, vacation and recreational property and waterfront property in Northern and Central Michigan, including Osceola County, Lake County, Mecosta County and Newaygo Counties. Crossroads Realty of Michigan is a full service real estate company, and as such, we use every resource available to ensure each and every real estate transaction is handled in a smooth, professional manner. We can serve as your first source for Real Estate in Northern, Western, and Central Michigan. The Realtors and affiliates of Crossroads Realty of Michigan work together hand in hand as a team. We will stay on top of each phase of your real estate transaction in Central and Northern Michigan as well as the surrounding communities. This is what makes Crossroads Realty of Michigan and our real estate agents so successful.

10/01/2026

Price Reductions Hit 20.4% of Active Listings
It’s been a dynamic season in the housing market: 20.4% of active listings nationwide saw price reductions recently. After eight months of steady gains, homes going under contract slowed by less than 1% in Mid-Q3, reflecting how higher borrowing costs are putting the brakes on demand. The average 30-year fixed mortgage hit nearly 6.7% early in the quarter, held steady, and actually ended more than 20 basis points above where it started. Even so, the market remains active. The national median list price came down to $424,500, active listings ticked up by about 4%, and new listings slipped just a bit. Fewer sellers are stepping away altogether, with delistings dropping 13%. For buyers, this slower pace means more time and leverage—while sellers who priced strategically still managed to get deals across the finish line. Having worked with Michigan buyers and sellers for over two decades, I’ve seen firsthand how steadier mortgage rates can change the game just as much as lower ones. If rates stick around 6.7%, we may see even more price adjustments or sellers deciding to hold off. Navigating these shifts takes experience and a steady hand—something I’m always glad to offer my clients.

10/01/2026

Situated on approximately 40 acres in Reed City, this single-family residence offers exceptional land ownership potential. The property spans 400 square feet of finished living space with one full bathroom and includes a two-car garage. The expansive lot provides significant room for expansion, agricultural pursuits, or future development opportunities. This is a distinctive offering for buyers seeking substantial acreage with an established structure already in place.

10/01/2026

1 Bdrm, 1 bth home on 20 acres with pole barn, large deck and two additional rooms that could be extra bedrooms. This property has a lot to offer so give us a call and come check out this great deal..

09/30/2026

The Best Time to Buy a Home in 2026
Over the years, I’ve seen how timing can make all the difference for home buyers—especially those stepping into the market for the first time. Looking ahead to 2026, industry experts point to the week of September 27 to October 3 as a golden window for buyers across the country. During this stretch, buyers could benefit from a stronger selection of homes—active listings may be up 31.9% compared to the start of the year, and 13.3% higher than the average week, offering more choices at every turn. What does this mean for your wallet? Listing prices are projected to sit about 3.5% below their seasonal peak, which could translate to roughly $14,000 in savings on a median-priced home near $416,000. Plus, competition is expected to be 30.1% lower than the year’s busiest period, and homes may spend around 64 days on the market—giving you more breathing room to make the right decision. As someone who’s guided buyers through many markets since 2000, I know how important timing and local knowledge can be. If you’re hoping to find your place in the world, the early fall in 2026 might just offer the advantages you’ve been waiting for.

09/30/2026

Escape, settle in, or invest in this riverfront property with spectacular views, private deck spaces, a covered outdoor wet bar, private dock, and much more! This property offers not one, but two cottages. An entertainer's dream. Near the Hardy Dam Recreation Area as well as several parks and a beach. You will not be disappointed with all this property has to offer. It will feel like you're on vacation every day! Agent Only Remarks: Sale includes 2 cottages. Both have large decks. One cottage has a full bath. One cottage has a 1/2 bath with drain field only (no septic) w/ water frontage and dock. A single well serves both cottages. Each cottage has a kitchen and living area.

09/29/2026

More Homes Available: Opportunities Grow for Buyers
As someone who’s been working with Michigan buyers and sellers for decades, I keep a close eye on the latest trends. Right now, we’re seeing new home listings up by 0.4%—the highest level since April—and total homes for sale have edged up 0.5%, a peak not seen since May. Yet, with mortgage rates hovering around 6.65%, it’s no surprise that pending sales have dipped 1.1%, marking a six-month low. Navigating these shifts can be daunting, especially for first-timers, but experience helps make sense of the numbers and what they mean for your next move.

09/28/2026

What Smaller U.S. Homes Could Mean for Buyers
Over the past decade, we’ve watched new single-family homes in the U.S. shrink from an average of 2,700 to 2,400 square feet—even as the price per square foot shot up by about 72%. By 2025, one in four new homes sold will be under 1,800 square feet, compared to just one in six ten years back. On the flip side, those larger homes—3,000 square feet or more—are becoming less common, dropping from roughly one in three to one in five sales. Builders are leaning into smaller footprints, a practical response to climbing land, labor, and material costs, all while mortgage rates hover around 6% to 7%.

For first-time buyers and those watching their budget (a group I’ve always enjoyed helping find the right fit), these smaller homes might offer some relief when it comes to down payments and monthly expenses. Still, the uptick in price per square foot is a reminder that affordability remains a challenge. With decades of experience helping buyers navigate these shifts, I know how important it is to find a home that truly fits both your needs and your budget—no matter the size.

New listings hit a four-year highIt’s not every day we see a surge like this: new listings in the US housing market have...
09/27/2026

New listings hit a four-year high
It’s not every day we see a surge like this: new listings in the US housing market have climbed 8%, reaching their highest point since August 2022. As someone who’s been in real estate since 2000—and a proud Michigan native—I’ve witnessed markets ebb and flow, but these numbers stand out. With active listings approaching balanced territory, there’s a wider range of choices for buyers and sellers alike. Still, pending sales have dipped, and with mortgage rates sitting at 6.66%, affordability remains a hurdle, even as median prices tick up by 2.2%. For both first-time buyers and seasoned homeowners, understanding these shifts is key to making confident decisions in today’s market.


https://www.roomvu.com/agent-news/gary-bailey/1967133-New-listings-hit-a-four-year-high

Address

780 S Chestnut Street
Reed City, MI
49677

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Monday 8am - 6pm
Tuesday 8am - 6pm
Wednesday 8am - 6pm
Thursday 8am - 6pm
Friday 8am - 6pm
Saturday 9am - 3pm

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