Thinking About a 2nd Home or Moving to Traverse City?
If you've ever wondered what it's like to live in Traverse City, Michigan, or why so many buyers are choosing it for a primary residence or second home, our latest Coast to Coast episode is for you.
In this conversation, Busby Group founder Julie Busby sits down with broker Lydia Wiley, who began her real estate career in Chicago before returning to her hometown of Traverse City. Together, they discuss how the market has evolved, why buyers continue to be drawn to Northern Michigan, and what makes the area one of the Midwest's most desirable places to live.
Why Traverse City Continues to Attract Buyers
Traverse City has long been known for its waterfront beauty, but today's buyers are discovering much more than just a vacation destination.
During the interview, Lydia explains how the area has experienced steady growth as more people choose Traverse City for year-round living. While retirees remain an important part of the market, younger families, remote professionals, and entrepreneurs are increasingly relocating to the area for its lifestyle, schools, and sense of community.
Lakefront Living Without Coastal Prices
One of the biggest draws is the area's spectacular waterfront.
Traverse City offers everything from luxury lakefront estates to charming cottages and in-town neighborhoods, all surrounded by the natural beauty of Lake Michigan and the region's inland lakes.
Lydia also shares why many luxury buyers are discovering they can purchase exceptional waterfront properties for significantly less than comparable homes in destinations like the Hamptons or Lake Tahoe.
A Thriving Lifestyle Beyond the Water
While the lakes certainly attract attention, Traverse City's appeal extends far beyond boating and beaches.
The community has become known for:
Award-winning restaurants and a growing culinary scene
Local wineries and breweries
Vibrant downtown shopping and small businesses
Outdoor recreation throughout all four seasons
Excellent schools
A welcoming, community-focused atmosphere
It's a destination that balances small-town charm with amenities often found in much larger cities.
Understanding the Market
Julie and Lydia also discuss:
Current real estate trends
The seasonality of buying and selling in Northern Michigan
The second-home and vacation property market
What Chicago buyers should know before relocating
Home values and long-term market outlook
Whether you're considering a permanent move, investing in a waterfront property, or simply curious about one of the Midwest's fastest-growing lifestyle destinations, Lydia offers valuable local insight.
Watch More Coast to Coast Interviews
Our Coast to Coast series connects you with trusted real estate professionals across North America, offering local perspectives on housing markets, neighborhoods, schools, lifestyle, and relocation trends.
Whether you're moving across the country or simply exploring new markets, these conversations are designed to help you make informed decisions with guidance from local experts.
Frequently Asked Questions About Living in Traverse City, Michigan
Is Traverse City a good place to live?
Traverse City is known for its lakefront lifestyle, strong sense of community, highly regarded schools, vibrant downtown, outdoor recreation, and growing restaurant and winery scene. It attracts retirees, families, and remote professionals alike.
Is Traverse City a good place to buy a second home?
Yes. Traverse City remains one of the Midwest's most popular second-home markets thanks to its waterfront properties, four-season recreation, and relatively strong value compared to many coastal luxury markets.
How does Traverse City's real estate market compare to Chicago?
While the two markets are very different, Traverse City offers buyers access to lakefront living, luxury homes, and a slower-paced lifestyle at price points that can be attractive compared to many luxury markets.
Are lakefront homes in Traverse City in high demand?
Yes. Waterfront homes on Lake Michigan and the region's inland lakes continue to be among the most sought-after properties for both primary residences and vacation homes.
Why are more families moving to Traverse City?
Many buyers are drawn by the area's schools, outdoor lifestyle, growing economy, vibrant downtown, and strong community feel, making it appealing for families looking for a different pace of life.
Can Busby Group help with out-of-state relocations?
Yes. Through our Coast to Coast network of trusted broker partners, Busby Group helps connect buyers and sellers with experienced local agents across the country while serving as a trusted resource throughout the relocation process.