Lake Michigan and Lake Huron Water Levels Expected to Remain Down - 03/30/07 11:46 AM
According to the U.S. Army Corps of Engineers, Lake Michigan and Lake Huron water levels are expected to remain below their historical long term average levels this year. The Lake Michigan-Huron water level is at the same level right now as it was this time last year, which is fifteen inches below
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Cormorant Control Project Expands to Beaver Island Archipelago - 03/29/07 08:56 AM
The U.S. Department of Agriculture Wildlife Service's cormorant control efforts, which have mainly been concentrated in the Upper Peninsula, will be expanded to the Beaver Island chain this summer. There are approximately 8750 double-crested cormorant nests spread over four colonies in the Beaver Islands. The feds plan to oil all the
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Charlevoix Marina/East Park Project Moving Ahead - 03/29/07 08:33 AM
The Charlevoix Marina and East Park reconstruction project is moving ahead. As you can see from these photos, the bandshell, along with the old harbormaster and chamber of commerce buildings have been demolished to make way for the new harbormaster building and performance pavilion.The marina portion of the project is scheduled to
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Northern Michigan Real Estate Market Statistics - February 2007 - 03/20/07 03:41 PM
Note: Based on information obtained from the Northern Michigan Multiple Listing Service/Emmet Association of Realtors for the period from January, 2006 - February, 2007.
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Northern Michigan Real Estate Market Statistics - January 2007 - 03/20/07 10:06 AM
Note: Based on information from the Northern Michigan MLS for the period from January 2006 - January 2007.
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Michigan Wetland Inventory Maps Now Available - 03/19/07 10:54 AM
The Michigan Department of Environmental Quality (DEQ) recently announced that it had completed its inventory of wetlands. The purpose of the inventory is to provide potential and approximate locations of wetlands and wetland conditions. The inventories are intended to be used as one tool in planning for development, open space designations, zoning,
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Governor Granholm's Proposed 2% Service Tax Unpopular - 03/18/07 06:56 PM
A new Detroit Free Press-Local 4 poll shows that Governor Jennifer Granholm's proposed 2% tax on services has only meager support. Only 28% of those polled support the proposed new tax. Even fewer people, 14%, support a 25% increase in the state income tax. However, a majority of those polled did support an increase
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Michigan House Passes Bill to Temporarily Suspend "Pop-Up Tax" - 03/17/07 03:53 PM
The Democratically controlled Michigan House of Representatives recently passed a bill by a 77-31 margin to suspend the so called "pop-up tax" on the sale of a home for eighteen months, with the suspension to be retroactive to March 1st of this year. Under Michigan's Proposal A, the taxable value of a home can rise annually
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Buyer's Broker Finishes 3rd in League Standings - 03/15/07 05:28 PM
Buyer's Broker of Northern Michigan finished a respectable 3rd in the Char-Em Adult Hockey League Division 2 standings, with a record of 16-9-3. Buyer's Broker recently bowed out of the playoffs losing in a semi-final game to Miller's Sports Shop. Congrats everyone on another great season!Standing from left: Stefan Scholl (D), Randy
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EBA's Highlighted in Kiplinger's Personal Finance - 03/14/07 05:26 PM
Exclusive buyer agents and their trade association, the National Association of Exclusive Buyer Agents, are highlighted in the March 2007 Edition of Kiplinger's Personal Finance. The article, "Hire Your Own Agent", states the following: "Unlike traditional agents, EBAs don't work for listing brokers, so they avoid the risk of dual agency -- when one
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Exclusive Buyer Agency Discussed in Realtor Magazine Online - 03/12/07 05:59 AM
REALTORĀ® Magazine convened a roundtable of what it describes as some of the nation's most innovative and successful residential brokers to get their views on where the real estate business is headed. The first question posed concerned Exclusive Buyer Agency, specifically, "Where do you see exclusive buyer agency going in the years to
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Fasten Your Seatbelts - 2007 New Construction Market "Sucks" - 03/09/07 11:44 AM
CEO's of various homebuilders presented their insights regarding the current state of the new housing market at a Citigroup sponsored conference recently. Read the Marketwatch article.
Most homebuilders seem to be struggling with excess inventories resulting from a high percentage of contract cancellations, as values declined and speculators bailed out of the market. Donald Tomnitz, CEO
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Update - State Bar of Michigan Opposes "Misery Tax" - 03/08/07 01:27 PM
The State Bar of Michigan has now stepped into the fray in its opposition to Governor Granholm's ill-advised sales tax on services proposal. They have put together a position statement which clearly articulates numerous reasons why this proposal must be defeated. According to Kimberly M. Cahill, State Bar President, "The proposed tax places an
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Michigan Service Tax Update - 03/05/07 02:55 PM
Governor Granholm's proposed 2% tax on services was introduced in the State Senate last Thursday. Senate Bill 307, introduced by Senator Liz Brater (D-Ann Arbor) includes taxing real estate commissions and other real estate related services. According to the Michigan Association of Realtors, the Governor herself estimates that only six other states
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