New Home Construction Summary - 02/05/08 08:54 AM
In a previous post, I reported on an industry survey of new home construction that is conducted monthly by Bank of America.  With their kind permission, here is a summary from the January 2008 report.
New home prices and incentives to buyers continue to increase while time to sell is taking longer. Nationally, part of this is still an over-abundance of inventory, but as many builders are now reducing standing stock and beginning new construction only upon receipt of a signed puprchase agreement, this inventory continues to drop.
New home affordability, attractive mortgage interest rates and the dropping inventory will help this sector … (0 comments)

Michigan Voter Identification - 02/03/08 10:24 AM
If you voted in the November 6, 2007 local elections or the January 15, 2008 primary elections, you noticed that you were asked for identification for the first time.
The preferred ID is a valid Michigan Driver's License or State-issued ID card (also available at the Secretary of State office). Federal or state government-issued photo ID's, U.S. passports, military photo ID cards, photo ID cards from a high school or higher education institution and tribal ID cards with photo are also accepted.
So what happens if you don't possess any of these documents? You were asked to complete an 'Affidavit of Voter … (0 comments)